The price is quite cheap and the business prospects are still quite good. They have a solid competitive position in the apparel industry that will be hard for competitors to match. They own and control most of the production production process for their products and also sell products direct to consumers through their stores. They […]
The price is quite cheap and the business prospects are still quite good. They have a solid competitive position in the physical store retail industry and lots of opportunity to grow in e-commerce. The recent drop in price was due to comments made from the company regarding making large investments in e-commerce and employees which […]
FALLING KNIFE DEFINITION: A slang phrase for a security or industry in which the current price or value has dropped significantly in a short period of time. A falling knife security can rebound, or it can lose all of its value, such as in the case of company bankruptcy where equity shares become worthless. A falling knife […]
Sold a portion of our eBay (EBAY) position today. While I feel that eBay is still a very strong business with good potential going forward I think that the current price to earnings to growth is getting high at this point (PEG 1.6). However, I don’t feel it’s high enough to sell my whole position, […]
We invest excess capital produced from our businesses in a variety of other businesses. Below are some of our top current holdings ranked by total value of our positions
