As predictably as a wasp on crystal meth, Elon Musk’s Tesla is hitting the markets for around $1.15 billion in cash, split roughly 25:75 in equity and debt. Elon is throwing in the usual sweeteners: the actual Raise is a billion with a 30 day option to raise 15% more if demand is high enough. […]
Month: March 2017
A Fun Strategy to Build Long Term Wealth in Real Estate
Over the last few weeks (maybe getting to two months now), I’ve been researching the real estate sector heavily. A lot of factors have contributed to this, frothy stock market valuations, some strategic conversations I’m having with some people in my circle, shifts in business strategy and the presence of opportunities aka looking to wherever […]
Intel is Buying Mobileye for $15.3 billion (I Win Again)
So, I bought a few shares of the Israeli company Mobileye in late 2014 per my tweet here The purchase was for my long term portfolio. At the time, autopilot technology was just hitting it’s tipping point and everyone was scrambling to incorporate the technology into their cars. Mobileye’s major customers are car companies […]
Analyzing Industries
Most budding value and fundamental investors, myself included, usually jump in to analyze a company directly when trying to determine it’s suitability for investment without spending as much time analyzing and understanding the industry and the macro environment the company plays in. In most cases, it’s not that we don’t know that the industry is […]
How To Check Debt Coverage (EBITDA vs EBIT)
One of the ways of tracking the health of any business, whether yours or one you’re interested in investing in is to track the ability of the income from normal business operations to cover the company’s debt. In this measure, the commonly used measure is to divide EBITDA by interest payment. EBITDA stands for Earnings Before Interest, Taxes, Depereciation and Amortization […]
How God Sent Me A Message of Love This Past Sunday
Today is #AshWednesday which basically kicks off the Lenten season for Catholic and Orthodox Christians around the world. While I am not Catholic, I am Christian and do have a certain love for the mother Church which draws me to observe her holidays along with the rest of my brothers and sisters in the faith. […]
Insights From Warren Buffet’s Annual Shareholder Letter
Berkshire Hathaway’s annual shareholder meeting is like Valhalla for capitalists. In the game of business, investing and money making, there are few who rival the genius and accomplishments of Warren Buffet and his partner Charlie Munger. I pored through their letter for 2016 fiscal year and have gleaned some insights I’d like to share on […]
