Due to family commitments, I have been unable to provide timely updates of my investment activity subsequent to my November 4 Paycom post. The purpose of this brief post is merely to disclose recent increases in my Thermo Fisher, Danaher, and Veeva exposure. Thermo Fisher Scientific (TMO) When I wrote my November 3 TMO post, [...]
In my May 2 2024 post, I disclosed that Paycom's (PAYC) attractive valuation prompted me to acquire additional shares @ ~$163 thus bringing my exposure to 700 shares in a 'Core' account within the FFJ Portfolio. At the time of that post, the most currently available financial information was for Q1 2024 and the Q2 [...]
I have Thermo Fisher Scientific (TMO) exposure but it is on my 'Watch' list since I think there will be an opportunity to acquire shares at a more favorable valuation within the next 12 months. I last reviewed TMO in this July 26, 2024 post at which time I concluded that shares were overvalued. Now [...]
In my August 2, 2024 Mastercard (MA) post, I disclosed the purchase of an additional 300 shares @ ~$432.05 in one of the 'Side' accounts within the FFJ Portfolio. On October 31, MA released its Q3 and YTD2024 results and Q4 outlook. I, therefore, revisit MA to determine if I should increase my exposure. Business [...]
We see from this FFJ Portfolio - October 2024 report that I am not aggressively deploying liquidity I have sitting on the sidelines. Purchases I made the following small purchases during the month: HEICO (Class A) (HEI-a) 100 shares @ ~$195.58 on October 28 in a 'Core' account. This brings my HEI-a exposure to 600 [...]
In my Walmart (WMT) guest post at Dividend Power, I touch upon why I do not think it is a safe investment decision at the current valuation. There is nothing fundamentally wrong about the company. The issue I have is that we are experiencing a period of irrational exuberance. Some investors are paying little regard [...]
I last reviewed Intuitive Surgical (ISRG) in this July 23, 2024 post at which time it had just released Q2 and YTD2024 results and shares were trading at ~$461. In that post, I state that ISRG was my 7th largest holding when I completed my 2024 Mid Year FFJ Portfolio Review; the share price at [...]
You can't fix stupid! I limit the time spent on social media platforms but wander on X or Threads in moments of weakness. Every time I do, my heart sinks and I long for the days before everyone and their puppy had internet access. Lately, it seems like 'learning how to trade' is a [...]
The following recent posts focus on the asset management industry. Brookfield Asset Management Exposure Increased Brookfield Corporation – Targeting DE of $5B by 2030 Consider Investing In Asset Managers Select Your Asset Manager Investment Wisely BlackRock – An Asset Manager Investment For The Long Term In keeping with the asset manager theme, I revisit [...]
In my October 16 Select Your Asset Manager Investment Wisely post, I state that there are some great firms in the highly fragmented asset management industry. One such industry participant is BlackRock (BLK) which I consider to be an asset manager investment for the long term. At the end of Q3 2024, it had ~$11.5T [...]