Realty Income (O) is by no means a novel idea, but it is a good one. I’ve liked this company for a long time and it would seem that now we’re coming to a zone where we could look at adding some. That $55 zone is a nice area and I think if the company
Warren Buffett famously told investors that if they wanted to prosper during periods of inflation, then they needed to buy companies with high returns on capital and pricing power. As a result, it should be no secret why a company like Coca-Cola (KO – USA) trades so richly—it’s being priced as an inflation resistant Treasury,
The above chart from Mexico’s housing registry, RUV, is quite telling. Mexico has been producing fewer and fewer homes every year and is on track to produce a remarkable 50% fewer homes than was produced in 2013. The average age in Mexico is 29. The combination of the nearshoring of manufacturing and being the US’
Why asset-light (or “capital efficient”) businesses are among the world’s best compounders (from Invest in Quality on July 30)… An essential part of the analysis of a business, we need to look at the business model. How the business makes money, what the growth drivers are, and whether or not the business model is asset-light
At Bison, we look for heavily discounted oil and gas equities with good assets, survivable balance sheets, proven management teams, and imminent catalysts to help close valuation dislocations in public markets. This sometimes involves buying equities with core businesses trading at low valuations that also have secondary assets that could be worth a significant portion
With his reign secured, Erdogan banned the Turkish CB from intervening in the currency market. Now you probably seen Erdy and Putin bff pictures, and he shrewdly used his relationship with the Russian President to get more gas and oil then he ever dreamt of. (Even gave free gas for a month to the entire