BWEL fan

Highlights from JG Boswell's Annual Report

Do you have a link to the annual report or a copy you could email me? [e-mail]

Missing the Mark on Mark-to-Market: Congressional Quotes

Why is no one talking about the real issue with fair value accounting? Marking liabilities to market..... This is an INSANE practice..

Timing Model Returns for 2008

Ok, so what are you waiting for? If your model is this good, why are you sharing it? You should be running a hedge fund......

The Capitalism Distribution: Fat Tails in Motion

Wow, sorry about the double post. Anyways, I guess I should have read their other paper first. I assume you also used a similar method?

The Capitalism Distribution: Fat Tails in Motion

What was your method for setting stop-losses in your examples? It's easy to go back in time and draw stop losses. It's harder said-than-done when stocks are currently around new highs.

Morningstar: Stealth Growth Stock

Good article and good company with good fundamentals (marings, recurring revenue, etc), I just have some questions about your modeling. An average growth rate of 35% for the next 5 years and 15% for the 5 after that seems pretty aggressive to me.. What are you basing these numbers on? The analyst that covers/ed this stock only had it growing at 17.5% next year. Yours are quite a bit above his... How did you calculate your cost of Equity for the WACC of 8.1%? This seems extremely low for a co. with no debt. I would expect something atleast in the 11 to 12% range. A WACC off by 300 to 400 bps would really screw up a DCF. I guess a PE of 33 still seems high to me also.