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Convertible Debt: Beware (Part I)

Have you ever invested in a company that has convertible debt on its balance sheet? The intent of this post and the one I plan to share next week, God willing, is not to explain the accounting intricacies of convertible debt. Rather, I hope to offer something relevant to the theme of stock investments where the underlying company carries convertible debt on the balance sheet. […]

February 28th, 2015|convertible debt, straight debt|0 Comments

Off Balance Sheet Obligations

A good question came from a reader of my book this week. The question concerned the proper treatment of off balance sheet obligations relative to my evaluation process for scoring stocks. I’ll discuss this issue a bit today. […]

February 21st, 2015|Equity, off balance sheet|1 Comment

The Big Bath

When I was working on my doctoral degree in accounting at Mississippi State University, I learned about the Big Bath. If you are an investor in individual stocks and have never heard about this notion, it may have explained some situations you have witnessed before with stocks you’ve held. […]

February 14th, 2015|Earnings manipulation|0 Comments

God’s Priceless Wisdom

In the following scriptures, God describes the infinite worth of His wisdom. It makes clear that neither silver nor hidden treasure can compare to the value of His wisdom. And it is His wisdom that permits a proper perspective toward everything during our earthly pilgrimage, including money and investing. […]

February 7th, 2015|God, stewardship, Wisdom|4 Comments

Investment and the Future

If you took economics in school, you might recall the role of Investment relative to its impact on growth and health of an economy. For brevity, go here to see how our Gross Domestic Product is measured relative to business invested capital. […]

January 30th, 2015|Consumer spending, GDP, Investment|2 Comments

Factoring

The main purpose of this post is to present the topic of “factoring” with some explanation relative to investing in stocks. Factoring is a means of translating receivables into cash whereby a company sells its receivables to a factor (usually a finance company) with or without recourse. To learn more, go here. […]

January 23rd, 2015|financing, Receivables|0 Comments

Topsy-Turvy Market

One meaning of topsy-turvy per Webster is “in great disorder or confusion.”

My personal view for the apparent confusion that presently drives the market way up one day and way down the next involves several factors: […]

January 15th, 2015|Balance Sheet, earnings, financial health|2 Comments

A Very Uplifting Video

This post is not about stock investing. I want to share a video with you that was shared with me today. It is very moving and an uplifting story of a man’s courage and of God’s power to rescue. […]

January 10th, 2015|Uncategorized|0 Comments

The Best of Times, The Worst of Times

It was Dicken’s novel, A Tale of Two Cities, that started with the words, “It was the best of times, it was the worst of times……” The expression seems fitting for our economic momentary backdrop. […]

January 3rd, 2015|Balance Sheet, financial health|2 Comments

The Birthday of the King

Merry Christmas, dear friends!

From Isaiah 9: 6-7 (NIV Bible)
6For to us a child is born,
to us a son is given,
and the government will be on his shoulders.
And he will be called
Wonderful Counselor, Mighty God,
Everlasting Father, Prince of Peace.
7Of the greatness of his government and peace
there will be no end.
He will reign on David’s throne
and over his kingdom,
establishing and upholding it
with justice and righteousness
from that time on and forever.
The zeal of the Lord Almighty
will accomplish this.
From Matthew 1:21 (NIV Bible)
21She will give birth to a son, and you are to give him the name Jesus, because he will save his people from their sins.”
I’m so thankful to God for sending His Son, King Jesus, into the world over two thousand years ago for the purpose of bringing us salvation and eternal hope.
May He bless you this Christmas season with great joy. I wish you wonderful memorable moments with those you hold dear.

December 24th, 2014|Christmas|5 Comments