"Volatility is a symptom that people have no idea of the
underlying value"  - Jeremy Grantham


Stingy Links
http://www.stingyinvestor.com/SI/articles/articlearchive.shtml

The perils of joint ownership
https://secure.globeadvisor.com/servlet/ArticleNews/story/gam/20070804/STCESTNICK04
"What you should avoid, however, is giving the last laugh to someone who,
against your intentions, inherits some of your assets when you're gone. If
you're not careful, joint ownership can cause this problem. Let me share
three stories to help explain."

Prem Watsa Intelligent Investing Lecture
http://www.bengrahaminvesting.ca/Resources/Video_Presentations/Conference/Prem%20Watsa.wmv
"The topic of Mr. Watsa's keynote speech was Ben Graham and Bubbles."

Making money the Warren Buffett way
http://www.usnews.com/usnews/biztech/personalfinance/personal_investing_buffett/index.htm
"When an investor amasses $52 billion over half a century, humble stock
pickers take note. When he's Warren Buffett, the homespun "Oracle of Omaha,"
it not only pays to heed his thinking, but it's fun."

How the brain busts the budget
http://articles.moneycentral.msn.com/SavingandDebt/ManageDebt/HowTheBrainBustsTheBudget.aspx
"Sure, persistent money troubles can cause the blues -- but sometimes it's
the other way around. Many common disorders can lead to financial woes."

Company cars: Perk or penalty?
https://secure.globeadvisor.com/servlet/ArticleNews/story/gam/20070728/STCESTNICK28
"Whether it makes sense to drive a vehicle provided by your employer or to
provide your own vehicle for use in your work comes down to a
number-crunching exercise. Your best bet is to have an accountant do the math for you,
but there are some general guidelines that apply."


S&P/TSX60 Value Screens
http://www.stingyinvestor.com/SI/strategy.shtml 

High Dividend Yield Stocks                     P/E P/B P/S P/C P/D Yield*
============================================== === === === === === ======
Biovail (BVF)                                   3   3   2   5   5    5
Bank of Montreal (BMO)                          4   4   3   3   5    5
National Bank of Canada (NA)                    5   4   4   3   5    5
Bank of Nova Scotia (BNS)                       4   3   2   2   5    5
BCE (BCE)                                       3   3   3   4   5    5
TransCanada (TRP)                               3   4   2   4   5    5
Royal Bank (RY)                                 4   2   3   2   5    5
Transalta (TA)                                  0   4   3   3   5    5
CIBC (CM)                                       5   3   4   2   5    5
Enbridge (ENB)                                  2   3   5   3   4    4
More Info: http://www.stingyinvestor.com/SI/strategy/dogs.shtml 

Value Ratio Stocks                             P/E P/B P/S P/C P/D  VR
============================================== === === === === === =====
Biovail (BVF)                                   3   3   2   5   5   2.0
National Bank of Canada (NA)                    5   4   4   3   5   2.6
CIBC (CM)                                       5   3   4   2   5   3.0
Bank of Montreal (BMO)                          4   4   3   3   5   3.2
Bank of Nova Scotia (BNS)                       4   3   2   2   5   3.3
Teck Cominco Limited (TCK.B)                    5   5   4   5   4   3.8
Royal Bank (RY)                                 4   2   3   2   5   3.8
BCE (BCE)                                       3   3   3   4   5   4.0
Toronto Dominion Bank (TD)                      4   4   2   3   4   4.7
TransCanada (TRP)                               3   4   2   4   5   4.7
More Info: http://www.stingyinvestor.com/SI/strategy/valueratio.shtml 

Graham Stocks                                  P/E P/B P/D   G$   dG$(%)
============================================== === === === ====== ======
MDS Inc. (MDS)                                  5   5   0   40.29 104.01
Teck Cominco Limited (TCK.B)                    5   5   4   59.28  33.18
Lundin Mining Corporation (LUN)                 5   5   0   14.02   8.59
ACE Aviation Holdings Inc. (ACE.B)              5   5   0   25.52   3.52
Magna Cl.A (MG.A)                               3   5   3   91.04   3.45
National Bank of Canada (NA)                    5   4   5   59.33   0.21
More Info: http://www.stingyinvestor.com/SI/strategy/graham.shtml 

*Notes: http://www.stingyinvestor.com/SI/strategy/notes.shtml 


Books for Stingy Investors

Relative Dividend Yield
by Anthony E. Spare

Anthony Spare searches for value stocks using relative dividend
yield which is the ratio of a stock's dividend yield to the
average yield of the market. Spare's approach is to buy dividend
stocks near a peak in relative dividend yield and to sell them near
the lows. Although dividend-oriented investors will enjoy the
book, its cover price of $92.95 makes it a little dear. So, buy
the book at a sharp discount or borrow it from your local library.
Amazon Link: http://www.amazon.ca/exec/obidos/ASIN/0471327050/


Stock Research From Dan Hallett & Associates

The Rothery Report
http://www.rotheryreport.com/ 

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.

Rothery Report Performance (03/31/2001 to 03/31/2007)
  Average Capital Gain    Average Holding Period
    Sold Stocks: 75.5%      Sold Stocks: 2.1 Years
    All Stocks: 51.5%       All Stocks: 2.3 Years

Special Bonus Reports: Top Smaller Stocks 2007
http://www.rotheryreport.com/store/TopSmallStocks.shtml

Learn More
http://www.rotheryreport.com/store/store.shtml

Subscribe Today
http://www.rotheryreport.com/store/order.shtml 



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ISSN 1499-2795 Copyright Dan Hallett and Associates Inc., 2007.
All rights reserved. The securities mentioned in this report are not
appropriate for all investors. Consult your professional investment
advisor before making any investment decision.  While all reasonable
effort is made to ensure the accuracy of information and data
contained herein, accuracy can not be guaranteed. Past performance is
not a good predictor of future performance.  Results are not
guaranteed and we assume no liability whatsoever for any material
losses that may occur.  No compensation for suggesting particular
securities or financial advisors is solicited or accepted.  The
information in this newsletter, and in its related website, is not
intended to be, nor does it constitute, financial advice or
recommendations.  Investing in stocks can be risky and may result in
substantial losses.  A Dan Hallett and Associates Inc.(DH&A)
publication.  DH&A is registered as Investment Counsel in the province
of Ontario. DH&A, or related-parties may have an interest in the
securities mentioned.