Charley Munger Archives - Page 3 of 5

daniel April 29, 2015March 13, 2016 Ali Express, Amazon, AMZN, BABA, Charley Munger, COST, Costco, Disruptive Technology, EBAY, eBay Inc., Jack Ma, Jeff Bezos, PayPal, Wal-Mart, Warren Buffett, WMT

Alibaba Proves It Has Some Value

That gave Alibaba a quarterly year to year revenue growth rate of 38.39%, over twice that of Amazon.com, which reported a revenue growth rate of 15.08% on March 31, 2015. Alibaba’s growth rate also far exceeded that of eBay Inc. (NASDAQ: EBAY), which reported a rate of 4.36% on March 31, 2015, Best Buy NYSE: BBY), which reported a revenue growth rate of 2.82% on January 31, 2015, and Staples (NASDAQ: SPLS), which reported a negative revenue growth rate of -3.69% on Jan. 31, 2015.

Good Stocks

daniel April 28, 2015April 28, 2015 AAPL, ABX, American Express, AMZN, Apple Pay, Apple Stock, AXP, Benjamin Graham, Bitcoin, Charley Munger, COST, Costco, Disruptive Technology, GOOG, MA, MasterCard, PayPal, V, Value Investing, Venmo, Visa, Warren Buffett, WMT

US Credit Card Companies Allowed into China

The loss of Costco Canada is already hurting American Express, where revenue fell slightly between December 2014 and March 2015. AmEx reported a TTM revenue of $34.04 billion on March 31, down from $34.29 billion on December 31. The loss of Costco Canada hit American Express hard because the club store giant is huge in Canada, as anybody who visits the country knows.

Market Insanity

daniel April 27, 2015March 23, 2016 Amazon, American Express, AMZN, Charley Munger, COST, Costco, Disruptive Technology, Dollar General, Dollar Tree, KR, Target, TGT, Value Investing, Wal-Mart, Warren Buffett, WMT

Lilly Pulitzer Mess Shows What’s Wrong at Target

It is no coincidence that Amazon reported a TTM revenue growth rate of 15.08% on March 31, while Target and Walmart’s sales were staying flat. America’s middle class has changed its shopping habits dramatically in the past decade.

Long Ideas

daniel April 14, 2015 AAPL, ABX, Amazon, American Express, AMZN, Apple Pay, Apple Stock, Bank of Internet, Benjamin Graham, Berkshire Hathaway, BOFI, BofI Holding, Capital Bank Financial, CBF, Charley Munger, EVER, EverBank, Food Prices, GDOT, Green Dot, lending club, LNKD, Mr. Money Mustache, OnDeck, PayPal, Prosper, Square, Warren Buffett, WMT

What Will PayPal Do Next?

Something else that is also obvious is that PayPal would be an acquisition target; purchasing it would give a large bank, retailer or credit card company access to a vast financial network and tens of millions of potential customers.

My Thoughts

daniel April 13, 2015March 5, 2016 AAPL, ABX, Alibaba, Amazon, American Express, AMZN, Apple Pay, Apple Stock, BABA, Bank of America, Benjamin Graham, Charley Munger, COST, Costco, Disruptive Technology, EBAY, Gold, GOOG, Google, KR, Kroger, LC, lending club, Mr. Money Mustache, OnDeck, ONDK, PayPal, Prosper, Wal-Mart, WMT

PayPal and Prosper Changing Banking Beyond Recognition

This could indicate that traditional banking might no longer be a viable business because of the alternatives available. Things could soon get worse because PayPal is about to get spun off from eBay Inc. (NASDAQ: EBAY) and transformed into an independent financial services company that will compete directly with banks.

Good Stocks

daniel April 8, 2015March 6, 2016 Bank of America, Berkshire Hathaway, Charley Munger, F, Ford, Ford Is a Very Strong Brand, General Motors, GM, GOOG, Tesla, TMC, TSLA, Value Investing, Warren Buffett

Ford Motor Company: Is It a Value or a Lemon?

My take is that Ford would be a very good buy and hold play right now. It has a strong brand, great dividends and a good return on equity.

My Thoughts

daniel April 7, 2015February 18, 2016 Bank of America, Benjamin Graham, Berkshire Hathaway, California Drought, Charley Munger, COST, Costco, Dollar Tree, Food Prices, Groceries, KR, Kroger, Markets, Mr. Market, Mr. Money Mustache, Safeway, SFM, Sprouts, TSLA, Value Investing, WFM, Whole Foods

California’s Megadrought, Why There’s No Water Shortage and Why the Market Could Be the Solution

We now have a glut of oil, and there’s a very good chance we’ll have a glut of water in a few decades after we implement all the new technology.

Market Insanity

daniel April 6, 2015March 6, 2016 Berkshire Hathaway, Buffett’s Next Acquisition Target, Charley Munger, Charlie Munger, GOOG, Tribune Media (NYSE: TRCO), Tribune Publishing (NYSE: TPUB), Value Investing, Warren Buffett

Is This Newspaper Company Warren Buffett’s Next Acquisition Target?

My prediction is that Buffett will make a bid for Tribune Publishing sometime this year. It seems like too tempting a bargain for him to pass up, and it operates in an industry he is passionate about: newspapers.

Uncategorized

daniel April 5, 2015February 18, 2016 Amazon, AMZN, Charley Munger, COST, Costco, Disruptive Technology, Dollar General, Dollar Tree, Family Dollar, FDO, GOOG, KR, Kroger, Mr. Money Mustache, Venmo, Wal-Mart, walgreen, WMT

Walmart Feels the Heat

Walmart is no longer on the cutting edge of retail; it cannot even compete with bottom-feeding dollar stores. The Behemoth from Bentonville still makes a lot of money; it just cannot attract any new customers. What is going on here?

Market Commentary

daniel April 3, 2015April 20, 2016 Benjamin Graham, Berkshire Hathaway, Charley Munger, COST, Costco, CVS Health, DG, Dollar General, Dollar Tree, Family Dollar, FDO, RAD, Rite Aid, Value Investing, WAG, Wal-Mart, walgreen, Warren Buffett, WMT

Who Else Would Acquire Rite Aid?

Yes it is a bit of a dark horse, but Rite Aid does meet some of Warren Buffett’s value criteria: it is a good company that has been going through a rough patch yet still has the potential to generate a lot of cash. It also has an easy-to-understand business model in a decidedly unglamorous industry—selling shaving cream and prescriptions. Rite Aid also meets another one of Uncle Warren’s classic criteria: it is a company that an idiot could run if necessary.