Professor Damodaran suggests an option pricing model for patents and similar intangibles with possible future cash flows. I find this detailed approach to valuation of intellectual interest, but not of great investing interest. If I have to value a company using option pricing then I know I don’t have large enough margin of safety.

Great Southern Limited, GTP, are playing their cards out as they desperately try to keep their heads above water. Drowning not waving!

I normally read the entertaining Marcus Padley to wind myself up, but this article is a gem as he is sharing someone else’s thoughts.

Think beyond the USA/Australia, woops I mean square.
Starting with nothing is good.
Debt is king.
Time is the most valuable of commodities.
There is no such thing as intelligence.
Mistakes compress learning.
Education is paramount.
The willingness of highly capable and educated people to work for a certain amount rather than a variable sum is the most exploitable, available and cheap investment you’ll ever make.
There is education and there is qualification. Set out …

The Other day I said doubting that you’re definitely right ensures your decisions are logical rather than emotional. There is a clear and present danger of certainty with my alternative energy (AE) investments

It’s time to pay close attention to homebuilders. While we have 12 weeks to wait for the Q1 2009 Case-Shiller Housing update the S&P does publish monthly housing data with a two month lag on the last Tuesday of the month. The recent data shows the third largest monthly fall in housing prices since the decline began in mid 2006. The index fell 4.16 in January, a close third to the previous highs of -4.28 and -4.72 set respectively in January and Februay 2008. Those figures are all more than twice the average of -2.00 since the housing decline began.

Too many people are focusing on the the recently finalised results of Q4 2008. That quarter is now a closed book, the stock market is looking forward and I suggest you do to.

Fundamental and technical analysis of the Australian Biotechnology company Biota Holding highlights how looking through several lens can improve your investing results.
The following chart is a great example of why you should consider adding moving averages to your investing toolkit. It is also a great example of why you should not rely solely on technicals.

With half the portfolio invested in index funds it is no suprise that we are tracking the index performance. The portfolios outperformance sits at 15.84%.