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2014
  07: 05 12 19
  06: 08 15 20 29
  05: 04 11 18 25 30
  04: 06 12 20 27
  03: 02 09 16 23 30
  02: 01 09 16 23
  01: 05 12 18 26
2013
  12: 02 09 16 30
  11: 03 11 17 24
  10: 06 14 20 27
  09: 09 16 23 30
  08: 04 10 25
  07: 07 15 21 28
  06: 03 09 16 23 30
  05: 05 12 19 26
  04: 07 14 21 28
  03: 03 11 17 24 31
  02: 04 10 17 24
  01: 06 13 20 27
2012
  12: 02 09 16 23 30
  11: 04 11 18 25
  10: 07 14 21 28
  09: 02 09 16 23 30
  08: 05 12 19 26
  07: 01 08 15 22 29
  06: 03 10 17 24
  05: 07 13 20 27
  04: 01 08 15 22 29
  03: 04 11 18 25
  02: 05 12 19 26
  01: 01 08 15 22 29
2011
  12: 04 11 18 25
  11: 06 13 20 27
  10: 02 09 16 23 30
  09: 04 11 18 25
  08: 07 14 21 28
  07: 03 10 17 24
  06: 05 12 19 26
  05: 01 08 15 22 29
  04: 04 10 17 24
  03: 06 13 20 27
  02: 06 13 20 27
  01: 02 09 16 23 30
2010
  12: 05 12 19 26
  11: 07 14 21 28
  10: 03 10 17 24 31
  09: 05 12 19 26
  08: 01 08 15 22 29
  07: 04 11 16 25
  06: 06 13 20 27
  05: 02 09 16 23 30
  04: 04 11 18 25
  03: 07 14 21 28
  02: 07 14 21 28
  01: 03 10 17 24 31
2009
  12: 06 13 20 27
  11: 01 08 15 22 29
  10: 04 11 18 25
  09: 06 13 20 27
  08: 09 16 23 30
  07: 05 12 19 26 31
  06: 07 14 21 28
  05: 03 10 17 24 31
  04: 05 12 19 26
  03: 01 08 15 22 29
  02: 01 08 15 22
  01: 04 11 18 25
2008
  12: 07 14 21 28
  11: 02 09 16 23 30
  10: 05 12 19 26
  09: 07 14 21 28
  08: 01 10 17 24 31
  07: 06 13 20 27
  06: 01 08 15 22 29
  05: 04 11 18 25
  04: 06 13 20 27
  03: 02 09 16 23 30
  02: 03 10 17 24
  01: 06 13 20 27

Stingy News Quarterly
2014: Q1
2013: Q1 Q2 Q3 Q4
2012: Q1 Q2 Q3 Q4
2011: Q1 Q2 Q3 Q4
2010: Q1 Q2 Q3 Q4
2009: Q1 Q2 Q3 Q4
2008: Q1 Q2 Q3 Q4
2007: Q1 Q2 Q3 Q4
2006: Q1 Q2 Q3 Q4
2005: Q1 Q2 Q3 Q4
2004: Q1 Q2 Q3 Q4
2003: Q1 Q2 Q3 Q4
2002: Q1 Q2 Q3 Q4
2001: Q1 Q2 Q3 Q4

Dan's Reports
  Perspective on the bear
  Dilution excessive
  Fund fees revisited
  T class funds
  Bonds vs. bond funds
  Bear market protectors
  Investing in bonds
  Ignore bonds at your peril
  Coping with change
  Future of trust funds
  Dilution trumps
  Are fees excessive?
  Performance anxiety
  Top advisory model?
  81-106 a step back
  Poor fund classifications
  Pension shortfall
  A longer-term report card
  Information overload
About Dan

Privacy Policy



The Stingy News Weekly (04/18/2010)


"Don't gamble. Take all your savings and buy a good stock, and hold it till it goes up, then sell it. If it don't go up, don't buy it."
- Will Rogers


Stingy Links

ETF clutter
"For starters, when investors are looking for "simple and transparent," ETFs are no longer the default. There still are many clean, easy-to-understand ETFs to be had, but they're harder to find among the proliferation of new products. Indeed, ETFs no longer take a back seat to closed-end funds or mutual funds when it comes to complexity, opaqueness and fine print."


The new paternalism
"Real people are susceptible to cognitive biases that can lead to poor decisions. It's only natural to want to help them make better choices. But no one is immune to bias. Not social scientists, and certainly not policymakers. In translating behavioral science into policy, we may be led astray by the very same cognitive defects we wish to correct. New paternalist policies, and indeed the intellectual framework of new paternalism itself, create a serious risk of slippery slopes toward ever more intrusive paternalism."


James Chanos interview
"James Chanos, President, Kynikos Associates. He is the man who predicted the Enron downfall and now predicting a housing bubble in China,"


Shocked sleuths discover shorts
"It's important to remember that with so many people in the world, just calling a historical event is not sufficient because there are always people predicting massive failure or success to any policy. The key is whether they right for the right reasons, as in Schiff's case, or right for the wrong reasons, as in Roubini or Taleb's cases."


They're clipping your dividends
"Come next January the favorable 15% rate on dividends will expire, making them subject to taxation as "ordinary income." At the same time the maximum rate is kicking up from 35% to 39.6%. The third thing that will happen in 2011 is the resurrection of a rule that ostensibly limits deductions but for the majority of taxpayers is nothing but a boost in their tax bracket. This rule adds 1.2 percentage points to your rate. In 2013 comes a fourth tax increase: a 3.8% surtax on investment income. Add it up. Dividends that used to be taxed at 15% are set to be taxed at 44.6%."


Fun tax facts
"Centuries ago, when the Papal State dominated Tuscany, these rulers imposed an extremely high tax on salt. As a form of protest, Tuscan bakers began to make their bread without salt. Gradually, the taste for bread made entirely without salt became widespread, and to this day, Tuscan bread is salt less"


Nudge this
"In the Weekly Standard, Andrew Ferguson notes the paradox of behavioral economics, that proving people are often irrational then begs the question as to why we think some subset of intellectuals or regulators are more rational"


The story BCG offered me $16,000 not to tell
"I got the feeling that our clients were simply trying to mimic successful businesses, and that as consultants, our earnings came from having the luck of being included in an elaborate cargo-cult ritual."


Mohnish Pabrai interview
"'All man's miseries stem from his inability to sit in a room alone and do nothing.' And all I'd like to do to adapt Pascal is, 'All investment managers' miseries stem from the inability to sit alone in a room and do nothing.'"



DOW 30 Value Screens

High Dividend Yield StocksP/EP/BP/SP/DYield
AT&T (T)55455
Verizon (VZ)14555
Pfizer (PFE)55255
EI DuPont (DD)21455
Merck (MRK)54155
Kraft (KFT)44444
Chevron (CVX)44544
McDonald's (MCD)31144
Coca-Cola (KO)21144
Johnson & Johnson (JNJ)42244
Notes | More Info...


Value Ratio StocksP/EP/BP/SP/DVR
Merck (MRK)54151.50
AT&T (T)55451.91
Pfizer (PFE)55253.26
Travelers (TRV)55433.30
Verizon (VZ)14553.60
Kraft (KFT)44443.97
Chevron (CVX)44544.53
EI DuPont (DD)21454.79
Johnson & Johnson (JNJ)42244.93
McDonald's (MCD)31145.25
Notes | More Info...


Graham-Lite StocksP/EP/BP/DG$dG$(%)
Travelers (TRV)55385.7364.42
Merck (MRK)54548.8836.89
AT&T (T)55528.519.96
Pfizer (PFE)55517.463.93
Notes | More Info...


Top US StocksYieldV.R.Graham
AT&T (T)YYY
Merck (MRK)YYY
Pfizer (PFE)YYY
Chevron (CVX)YY
EI DuPont (DD)YY
Johnson & Johnson (JNJ)YY
Kraft (KFT)YY
McDonald's (MCD)YY
Travelers (TRV)YY
Verizon (VZ)YY
Coca-Cola (KO)Y
Notes...



S&P/TSX60 Value Screens

High Dividend Yield StocksP/EP/BP/SP/DYield
BCE (BCE)44455
Transalta (TA)24455
Telus (T)54455
CIBC (CM)32355
Sun Life (SLF)25555
Shaw Comm Cl.B (SJR.B)31355
Bank of Montreal (BMO)33355
TransCanada (TRP)34255
Husky Energy (HSE)34455
National Bank (NA)53344
Notes | More Info...


Value Ratio StocksP/EP/BP/SP/DVR
Telus (T)54452.31
BCE (BCE)44452.63
National Bank (NA)53342.69
Enbridge (ENB)52442.97
Shaw Comm Cl.B (SJR.B)31353.66
Bank of Montreal (BMO)33353.75
Manulife (MFC)55543.83
Rogers Comm Cl.B (RCI.B)41343.91
Bank of Nova Scotia (BNS)42344.00
TransCanada (TRP)34254.06
Notes | More Info...


Graham-Lite StocksP/EP/BP/DG$dG$(%)
Manulife (MFC)55425.8032.99
Weston George (WN)55396.2031.69
Inmet Mining (IMN)55167.8817.03
Canadian Tire (CTC.A)45264.6216.02
Encana (ECA)55336.0014.41
Telus (T)54541.0210.42
National Bank (NA)53467.167.93
Cameco (CCO)53228.046.10
Teck Cominco (TCK.B)54044.444.15
Notes | More Info...


Top Canadian StocksYieldV.R.Graham
National Bank (NA)YYY
Telus (T)YYY
BCE (BCE)YY
Bank of Montreal (BMO)YY
Manulife (MFC)YY
Shaw Comm Cl.B (SJR.B)YY
TransCanada (TRP)YY
Bank of Nova Scotia (BNS)Y
CIBC (CM)Y
Cameco (CCO)Y
Canadian Tire (CTC.A)Y
Enbridge (ENB)Y
Encana (ECA)Y
Husky Energy (HSE)Y
Inmet Mining (IMN)Y
Rogers Comm Cl.B (RCI.B)Y
Sun Life (SLF)Y
Teck Cominco (TCK.B)Y
Transalta (TA)Y
Weston George (WN)Y
Notes...



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The Rothery Report provides research on select deep-value stocks in North America. Discover overlooked and undervalued stocks in quarterly investment reports which provide detailed analysis of Canadian and U.S. stocks. Weekly email news and additional updates keep subscribers informed about new opportunities and developments.

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Average Capital Gain
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The Graham Value Stocks letter is designed for investors who want to keep up with our sensational stock selection methods inspired by Benjamin Graham. We comb through mountains of data to highlight U.S. and Canadian stocks that we believe to be both cheap and relatively safe.

Graham Portfolio Performance
(03/2009 to 03/2010)
Simple WayDividend WayDefensive
+151%C+93%U+78%C+75%U+115%U



 
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