• ABOUT
  • CONTACT
  • DISCLAIMER!!!

Wexboy

~ A Value Investing Blog

Wexboy

Tag Archives: chickens

Hitting The Century (VIII – Agriculture)

05 Wednesday Dec 2012

Posted by Wexboy in Uncategorized

≈ 14 Comments

Tags

agri-business, agriculture, Aqua Bounty Technologies, aquaculture, Asian Citrus Holdings, Avangardco, Black Earth Farming, Cal-Maine Foods, Canada, chickens, Cresud, eggs, ETFs, farmland, fish, forestry, free cash flow, inflation, livestock, plantations, portfolio allocation, real assets, Russia, timber, Ukraine

Continued from here. This series fell by the wayside since September, as I focused on a flurry of posts covering performance, a little shareholder activism, and some pretty exciting new stock buys/write-ups. Oh, and some bubble bursting..! 😉 As a reminder: i) Asset allocation plays a far greater role in returns than perhaps we like to think – in this series I thought I’d try illuminate some of the logic behind my own portfolio allocation & stock selection, rather than individual stock picks, and ii) this portfolio allocation pie-chart might prove handy:

Allocation

The prior Century post & Inflation post are v relevant too: They highlight why I believe inflation won’t prove an issue in the near/medium term, and how to prioritize the choice of real assets (property, natural resources, agri) as inflation pure plays. My expectation of delayed inflation, despite QE Infinity, has choked back my real asset allocation. Also, I consider many of my real asset holdings more special situations, than inflation plays.

Continue reading →

A Game of Chicken

17 Tuesday Jul 2012

Posted by Wexboy in Uncategorized

≈ 14 Comments

Tags

adjusted earnings, annual reports, blind stock valuation, bloggers, chickens, exceptionals, gypsies, intrinsic value, P/E ratio, Warren Buffett

OK, perhaps it’s time I jump on the blind stock valuation bandwagon – there’s been some good posts/responses out there recently in that vein. I’ve noticed some issues, though, with this challenge approach:  First, a blind stock valuation where nobody turns out to own the stock seems like a v sterile exercise to me. Let me just tell you now: I do own this stock, it’s v bloody interesting, and I promise I’ll be telling you more about it soon..!

So please make sure to post/email your valuation/comments asap – all great encouragement for me to get on with a write-up!

Second, reading some of the challenges, I feel like there’s been some (understandable) confusion, on all sides. Some readers state, for example, a stock’s worth $20 but they wouldn’t pay more than $10 for it. Others peg the value of another stock at $40, but highlight the market would probably pay $80. Others give a range of values. And so on… All these seem a little off-base to me – particularly in the context of a blind stock valuation.

Continue reading →

Hins..!

16 Monday Jul 2012

Posted by Wexboy in Uncategorized

≈ 5 Comments

Tags

chickens, gypsies, hens, Snatch, trader, travellers

Years ago, I was home alone one afternoon enjoying a good book. Just then, the door bell rang. I sighed – where I lived, the only people who unexpectedly rang the door bell were usually salesmen, or politicians. In fact, standard form for family & friends was to just march in the first open door they could find. And if they didn’t find you in the kitchen or sitting-room, they wouldn’t think twice about banging on the bathroom door just in case you were in there!

I reluctantly opened the door…to a child! Couldn’t have been more than six years old, just a few feet tall, and he was astonishingly filthy. Yes, some readers may have figured it out, he was a knack…sorry, a traveller – I guess you’d call him a gypsy today. And under his arm he was holding a chicken…

Continue reading →

Enter email address to track this blog by email.

Join 2,315 other followers

Wexboy on Twitter:

  • It's all fun & games until it's not…again! twitter.com/wallstreetsilv… 17 minutes ago
  • Imagine being arrested & convicted… …’cos you’re too dumb to figure out killing someone with yr car is THE perfect… twitter.com/i/web/status/1… 45 minutes ago
  • RT @TrollFootball: This video is timeless https://t.co/uE0VcYqRRv 1 hour ago
  • RT @LilMoonLambo: nobody: everyone that sold the $ETH bottom: https://t.co/p9zMsCtkDD 1 hour ago
Follow @Wexboy_Value

Wexboy Top Posts

  • KR1 plc...The #Crypto #Alpha Bet
  • H1-2021 Wexboy Portfolio Performance...Yeah, It's a Biggie!
  • A Decade In The Making...a 10-Bagger & a 26.0% pa Investment Track Record
  • 2021...Wow, Another Crazy (Good) Year!

Wexboy Archives

  • January 2022
  • November 2021
  • July 2021
  • January 2021
  • November 2020
  • July 2020
  • January 2020
  • December 2019
  • July 2019
  • January 2019
  • July 2018
  • May 2018
  • February 2018
  • January 2018
  • September 2017
  • August 2017
  • July 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011

Wexboy Categories

  • Uncategorized

Blogroll

  • Above Average Odds Investing
  • Alpha Vulture
  • CantEatValue
  • Cheapskate Investor
  • csinvesting
  • Deep Value Investments
  • Element Value Investor
  • Expecting Value
  • Harriman Intelligence
  • Insider Monkey
  • Interactive Investor Blog
  • Investor Soiree
  • Long Term Value Blog
  • Mallet's Conspiracy
  • Mark Carter
  • Oddball Stocks
  • Philip O'Sullivan's Market Musings
  • Ragnar is a Pirate
  • Reminiscences of a Stockblogger
  • ShareProphets
  • Simple Value Investing
  • The UK Stock Market Almanac
  • Tom Winnifrith
  • UK Value Investor
  • Value Investing France
  • Value Investing Journey
  • Value Uncovered
  • valueandopportunity
  • valuestockinquisition
  • ValueWalk
  • Valuhunteruk

Meta

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.com

Blog at WordPress.com.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy
  • Follow Following
    • Wexboy
    • Join 2,315 other followers
    • Already have a WordPress.com account? Log in now.
    • Wexboy
    • Customize
    • Follow Following
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar
 

Loading Comments...