The recent passing of the farm bill which legalized hemp production in the United States was celebrated by marijuana companies and enthusiasts. While not federally legalizing marijuana sales in the US, it is certainly clears a barrier for states interested Read more…
Pacific Gas and Electric Company announced Monday that is planning on filing for bankruptcy protection due to the liabilities they will be facing from the 2017 and 2018 California wildfires. This was somewhat shocking news, as even after acknowledging they Read more…
The concept of being a worker vs being an owner is at the heart of why we invest. As a worker you spend your time in turn for financial compensation. As an owner you spend your capital in the hope Read more…
When it comes to equity investing, there are 3 general categories companies can fall in. You should think of these categories like a Venn Diagram. A company can belong to more than one sphere and the sphere(s) it belongs to Read more…
When investing in any company getting the valuation right is one of the most important things you can do as an investor. It is not enough to just identify a company you think will succeed and grow earnings. You can Read more…
In the 10 years following the 2007/2008 financial crisis, interest rates have been glued at historical lows. This has incentivized companies to load up on debt to fund growth, dividends, and buybacks. When you can borrow at 3-4% and almost Read more…