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Valuentum Commentary
Apr 26, 2017
S&P 500 Poised to Make New Highs…Again?
The equity markets have welcomed a strong earnings season thus far, but valuation risk and tail uncertainties remain, not the least of which is the possibility of failed tax reform in the US. Nov 10, 2016
Assessing Reactions to Trump’s Victory
Image Source: Gage Skidmore. Donald Trump will be the 45th President of the United States of America. Let’s dig into some of the reactions across the market. We’re keeping our cool. Oct 26, 2016
Commodity Price Pressures Dinging Industrial Bellwether Expectations
GE, 3M, and Caterpillar have all reduced their expectations for full-year 2016 results as a result of a challenging operating environment. Sep 12, 2016
Potash-Agrium Deal Will be Subject to Growing Regulatory Scrutiny
Image Source: Bruce Guenter. Canada’s Potash Corp and Agrium have announced a merger agreement that will create a crop nutrient and farm retail giant. May 19, 2016
Part III: Nelson’s Evaluation of Berkshire’s 2015 Annual Report
The last of Nelson’s three-part evaluation of Berkshire’s 2015 Annual Report. Feb 18, 2016
Warming Up to IBM, Walmart Disappoints Again
A long-time Warren Buffett favorite may be bottoming, while one of the biggest discount retailers continues to disappoint. Sep 25, 2015
Caterpillar Prepares for Continued Pressure; Slashing Our Fair Value
Caterpillar recently announced a significant restructuring and cost reduction plan that will result in thousands of employees losing their jobs, but this isn’t the first time the firm has attempted to cut costs in recent years. Could the economic downturn affecting its most-served industries be more significant and prolonged than originally anticipated? Jul 31, 2015
Agricultural Equipment Industry Stuck in the Mud
Agricultural equipment suppliers are feeling the pressure of weak demand and “stagnant” global economic conditions. Mar 28, 2015
Part IV: Nelson’s Notes on Berkshire Hathaway’s 2014 Newsletter
Notes from Valuentum’s Brian Nelson on Berkshire Hathaway’s newsletter. Part IV. Oct 7, 2014
The Correction: The Markets Are Not Panicking
Let’s talk a bit about old tech and a couple disappointing pre-announcements. Third-quarter earnings season may not be bright. Latest News and Media The High Yield Dividend Newsletter, Best Ideas
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