One my favorite new podcasts is the BBC’s 50 Things That Made the Modern Economy. Each episode is about 10 minutes long but packed with information. The latest episode discusses the greatest selling product in the history of the world… Read More
Two major components for building long-term corporate value are Return on Invested Capital (ROIC) and growth. This is why Apple’s Q1 2016 earnings report was received so poorly. Apple (AAPL) generates very high returns across several metrics: Return on invested… Read More
A month ago Wall St hated $AAPL b/c of near term prospects, now they love it b/c of near term prospects: https://t.co/oZoAwJreuS — John Huber (@BaseHitInvestor) March 15, 2016 Apple isn’t the only company that Wall Street does this with… Read More
The two charts below are from Fortune and they highlight a valuation discrepancy in the tech world. First is the P/E Ratio of a few of the most recognized and popular names in the tech world. It gets even weirder… Read More
It would never happen but where would Apple rank in the top 25 businesses based on market capitalization if it spun-off its cash holdings as a stand alone business? The folks at Bespoke Investment Group took a look and came… Read More
This is from the AMM Dividend Letter released January 31, 2014. If you want to see the latest “Dividend Stock in Focus” as soon as it’s released then join our mailing list here. Dividend oriented investors often focus too much… Read More
AMM Third Quarter 2019 Client Letter “History doesn’t repeat itself, but it often rhymes.” – Attributed to Mark Twain This summer marks the 20th