Amazon Is Not a Threat to This Industry

Amazon Is Not a Threat to This Industry Amazon.com has been one of the most innovative and disruptive companies of this century, with incredible success in areas that lie outside of what has been historically perceived as its core business (book selling). Thus every announcement or speculation that Amazon will enter into a particular industry sends Read more about Amazon Is Not a Threat to This Industry[…]

Welch vs Bezos – Vitaliy Katsenelson Contrarian EdgeVitaliy Katsenelson Contrarian Edge

Welch vs Bezos A lot of times I won’t have an insight into a business because I don’t understand it or because it’s too complex. General Electric is a great example. As a value investor I should be all over this iconic stock, which is making a generational low. Not at all. I have looked Read more about Welch vs Bezos – Vitaliy Katsenelson Contrarian EdgeVitaliy Katsenelson Contrarian Edge[…]

Exxon Mobil Think Again – Vitaliy Katsenelson Contrarian EdgeVitaliy Katsenelson Contrarian Edge

Exxon Mobil Think Again General Electric’s collapse should have served as a reminder that buying a company based solely on past reputation and dividend yield is a dangerous endeavor. GE is also a great example that dividends are not paid out of earnings, especially massaged-to-death non-GAAP earnings, but from free cash flows. GE’s non-GAAP earnings were double its dividend payment. This Read more about Exxon Mobil Think Again – Vitaliy Katsenelson Contrarian EdgeVitaliy Katsenelson Contrarian Edge[…]

Be Kind – Vitaliy Katsenelson Contrarian EdgeVitaliy Katsenelson Contrarian Edge

Be Kind I am back from TX. In Dallas my brother Alex and I had the pleasure of spending four hours with John Mauldin. Our visit with him started in John’s apartment in downtown Dallas and continued in a bar at a nearby hotel. A lot of my readers are familiar with John, but for Read more about Be Kind – Vitaliy Katsenelson Contrarian EdgeVitaliy Katsenelson Contrarian Edge[…]

Socially Irresponsible Investing – Vitaliy Katsenelson Contrarian EdgeVitaliy Katsenelson Contrarian Edge

Socially Irresponsible Investing The article I am about to share with you has been in the works for three years. I started and failed at finishing it half a dozen times. I want to warn you, this is an apolitical article. I go out of my way not to take positions on any issue – Read more about Socially Irresponsible Investing – Vitaliy Katsenelson Contrarian EdgeVitaliy Katsenelson Contrarian Edge[…]

I Don’t Eat Desserts – Vitaliy Katsenelson Contrarian EdgeVitaliy Katsenelson Contrarian Edge

I Don’t Eat Desserts I just finished a ten-page quarterly letter to clients and am taking refuge here to write about anything other than stocks. This scribble will be about a topic that I have been thinking about the last six months. I am somewhat embarrassed about it, because it’s a bit “me”-centered, and I Read more about I Don’t Eat Desserts – Vitaliy Katsenelson Contrarian EdgeVitaliy Katsenelson Contrarian Edge[…]