The Stingy News Weekly (10/22/2018)
| "Based on my own personal experience - both as an investor in
recent years and an expert witness in years past - rarely do more
than three or four variables really count. Everything else is
noise." | |
| - Marty Whitman | |
Stingy Links
Haste makes waste
"In order to go from less than 1,000 stores to 13,000 stores we
have had to make a series of decisions that, in retrospect, have
led to the watering down of the Starbucks experience." [Growth Investing]
How Amazon loses
"This, folks, this is algorithmic merchandising at its finest." [Behaviour]
Extended GEM backtest
"We usually want as much data as we can get to confirm an
investment strategy. But we also have to consider how realistic our
results will be under earlier conditions. Dynamic global investing,
for example, makes little sense during the two World Wars." [Momentum Investing]
O'Shaughnessy Q3 2018 letter
"The internally financed, high investment group outperformed the
debt financing, low investment group by 3% per year, annually.
That is a large number in a large cap universe" [Value Investing]
No core
"I was asked how to teach children to handle money responsibly.
'Tell stories,' I said. " [Thrift]
S&P/TSX60 Value Screens
| High Dividend Yield Stocks | P/E | P/B | P/S | Yield | | Inter Pipeline (IPL) | B | D | E | A |
| Enbridge (ENB) | D | B | B | A |
| Emera (EMA) | E | B | B | A |
| BCE Inc. (BCE) | C | E | C | A |
| Power Corp of Canada (POW) | A | A | A | A |
| Crescent Point (CPG) | F | A | B | A |
| TransCanada (TRP) | B | D | D | A |
| Pembina Pipeline (PPL) | D | D | D | A |
| Bank of Nova Scotia (BNS) | A | B | C | A |
| CIBC (CM) | A | B | C | A |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | Metro (MRU) | A | C | A | D |
| Teck Resources (TECK.B) | A | A | B | E |
| Magna (MG) | A | B | A | C |
| Power Corp of Canada (POW) | A | A | A | A |
| Kinross Gold (K) | A | A | B | F |
| CIBC (CM) | A | B | C | A |
| National Bank (NA) | A | C | C | B |
| Bank of Nova Scotia (BNS) | A | B | C | A |
| Royal Bank (RY) | A | D | D | B |
| TD Bank (TD) | A | C | D | B |
| Notes | More Info... |
| Low Price/Book Value Stocks | P/E | P/B | P/S | Yield | | Crescent Point (CPG) | F | A | B | A |
| Goldcorp (G) | D | A | D | E |
| Cenovus Energy (CVE) | F | A | A | D |
| First Quantum (FM) | E | A | B | E |
| Kinross Gold (K) | A | A | B | F |
| Teck Resources (TECK.B) | A | A | B | E |
| Power Corp of Canada (POW) | A | A | A | A |
| Manulife (MFC) | D | A | B | B |
| Husky Energy (HSE) | B | A | B | C |
| Cameco (CCO) | F | A | D | C |
| Notes | More Info... |
| Canadian Stock Summary | Yield | P/E | P/B | | Power Corp of Canada (POW) | Y | Y | Y |
| Bank of Nova Scotia (BNS) | Y | Y | |
| CIBC (CM) | Y | Y | |
| Crescent Point (CPG) | Y | | Y |
| Kinross Gold (K) | | Y | Y |
| Teck Resources (TECK.B) | | Y | Y |
| BCE Inc. (BCE) | Y | | |
| Cameco (CCO) | | | Y |
| Cenovus Energy (CVE) | | | Y |
| Emera (EMA) | Y | | |
| Enbridge (ENB) | Y | | |
| First Quantum (FM) | | | Y |
| Goldcorp (G) | | | Y |
| Husky Energy (HSE) | | | Y |
| Inter Pipeline (IPL) | Y | | |
| Magna (MG) | | Y | |
| Manulife (MFC) | | | Y |
| Metro (MRU) | | Y | |
| National Bank (NA) | | Y | |
| Pembina Pipeline (PPL) | Y | | |
| Royal Bank (RY) | | Y | |
| TD Bank (TD) | | Y | |
| TransCanada (TRP) | Y | | |
| Notes... |
DOW 30 Value Screens
| High Dividend Yield Stocks | P/E | P/B | P/S | Yield | | IBM (IBM) | C | D | A | A |
| Verizon (VZ) | A | C | B | A |
| Exxon Mobil (XOM) | B | B | A | A |
| Chevron (CVX) | B | A | B | A |
| Coca-Cola (KO) | E | E | E | A |
| Procter & Gamble (PG) | C | C | D | A |
| Pfizer (PFE) | A | B | E | B |
| JP Morgan Chase (JPM) | A | A | D | B |
| Cisco (CSCO) | F | C | D | B |
| McDonald's (MCD) | D | F | E | B |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | Verizon (VZ) | A | C | B | A |
| Pfizer (PFE) | A | B | E | B |
| JP Morgan Chase (JPM) | A | A | D | B |
| Travelers (TRV) | A | A | A | C |
| Walt Disney (DIS) | A | C | C | E |
| Walgreens (WBA) | B | B | A | D |
| Goldman Sachs (GS) | B | A | C | E |
| Intel (INTC) | B | B | C | B |
| Exxon Mobil (XOM) | B | B | A | A |
| Chevron (CVX) | B | A | B | A |
| Notes | More Info... |
| Low Price/Book Value Stocks | P/E | P/B | P/S | Yield | | Goldman Sachs (GS) | B | A | C | E |
| DowDuPont (DWDP) | E | A | B | C |
| Travelers (TRV) | A | A | A | C |
| Chevron (CVX) | B | A | B | A |
| JP Morgan Chase (JPM) | A | A | D | B |
| Exxon Mobil (XOM) | B | B | A | A |
| Walgreens (WBA) | B | B | A | D |
| Intel (INTC) | B | B | C | B |
| United Technologies (UTX) | B | B | B | D |
| Pfizer (PFE) | A | B | E | B |
| Notes | More Info... |
| US Stock Summary | Yield | P/E | P/B | | Chevron (CVX) | Y | Y | Y |
| Exxon Mobil (XOM) | Y | Y | Y |
| JP Morgan Chase (JPM) | Y | Y | Y |
| Pfizer (PFE) | Y | Y | Y |
| Goldman Sachs (GS) | | Y | Y |
| Intel (INTC) | | Y | Y |
| Travelers (TRV) | | Y | Y |
| Verizon (VZ) | Y | Y | |
| Walgreens (WBA) | | Y | Y |
| Cisco (CSCO) | Y | | |
| Coca-Cola (KO) | Y | | |
| DowDuPont (DWDP) | | | Y |
| IBM (IBM) | Y | | |
| McDonald's (MCD) | Y | | |
| Procter & Gamble (PG) | Y | | |
| United Technologies (UTX) | | | Y |
| Walt Disney (DIS) | | Y | |
| Notes... |
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