Currency

What are Bitcoins?

April 2, 2013

You’ve probably heard mention of the term Bitcoins in the media lately, most likely with little to no explanation as to what they are or why you would want to own them. I fell into this same boat so decided…

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Portfolio

Buying Bio-Reference Labs (BRLI)

February 1, 2013

Today Bio-Reference Laboratories (BRLI) is down more than 4.5% on no news to $26.45 at the time of this writing. In a recent article I performed a detailed analysis of the company and estimated an intrinsic value of $39.23. A…

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Fundamentals

How to Calculate WACC

January 21, 2013

Weighted Average Cost of Capital (WACC) is defined as the minimum return that a company must generate to satisfy its owners, creditors, and other providers of capital or else it would make more sense for them to invest elsewhere. Since there…

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Valuation

DCF: Discounted Cash Flow Analysis

January 18, 2013

While there are many ways to determine the intrinsic value of a company, I don’t believe any are more popular than the DCF — or Discounted Cash Flow method of analysis. It’s widely regarded to be the most accurate means…

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