Monthly Archives: September 2015

Guerbet Group (GBT-PA, $62.25 EU). An Inexpensive Transformational Acquisition.

All numbers and estimates expressed in Euro, unless otherwise specified. http://www.guerbet.com/en/our-group/news/news-2012/news/article2/acquisition.html http://www.fiercemedicaldevices.com/story/mallinckrodt-sell-contrast-business-french-imaging-player-guerbet-270m/2015-07-28 Guerbet Group has roughly 12.2 million shares outstanding. The 2014 trailing EV is $820 million Euro. 2014 EBITDA was expressed at $67.7 million Euro, which is an EBITDA

Posted in Portfolio Model Subscription

Do the Wealthy Possess Superior Investment Acumen?

http://www.bloombergview.com/articles/2015-09-25/the-rich-are-different-they-re-better-investors-?cmpid=yhoo The full paper, its findings and conclusions, may be accessed here. http://econweb.umd.edu/~davis/eventpapers/StevensInvestor.pdf

Posted in Open Blog

Will Third Quarter 2015 Earnings Mark the Bottom?

Third quarter S&P 500 earnings estimates are being revised lower, with significant negative revisions being reported in materials, energy and industrial sectors. Continued sub-par economic growth from China, lower potential orders from the cyclical mining and energy sectors and reduced

Posted in Open Blog