Hey friends. The tentacles of inflationary pressures are many (wage growth, capacity, confidence, etc.). Yet, when oil prices rise significantly, we can count on inflation. And when they fall significantly, we note costs go down, not just at the gas pump. […]
In my book, “Choose Stocks Wisely, I present my balance sheet method for investing which includes tests for balance sheet quality. A balance sheet needs to be amply liquid in terms of working capital and not overly leveraged (indebted), and ideally have assets largely tangible in composition. This week, I want to share some recent news articles concerning bankruptcies in the oil and gas sector. […]
