Category: Research

“We went short Polaroid when it was selling at sixty times earnings, which we thought was absurd; it then went to seventy times earnings. The market seemed to lose track of reality, and we found ourselves asking, ‘What is the difference between forty times earnings and eighty times earnings?’ By putting a different number on…

“Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.” People say they want to make money in the stock market. But in reality, it’s far more complicated. Humans crave action. Whether it’s running from a big cat in the…

“If you are a successful Game player, it can be a fascinating, consuming, totally absorbing experience, in fact it has to be. If it is not totally absorbing, you are not likely to be among the most successful, because you are competing with those who do find it so absorbing. ” ~ Adam Smith, The…

Maharah for Human Resources Company (1831, or MHR for the article) offers recruitment services for public and private sectors in Saudi Arabia and the United Arab Emirates. It operates in two segments, Corporate and Individual.The Corporate segment provides labor force services to various industries comprising retail, hospitality, healthcare, operation and maintenance, and banking. The Individual…

MMS owns, manages, and maintains hospitals, medical centers, drug stores, and pharmacies in Saudi Arabia. They provide nearly every medical service under the sun. From pediatrics to orthopedics. Neurology to cardiology. You name it — they do it.MMS is a high-quality company with a history of high-teen Return on Capital (ROC). The company compounded its…

“My interpretation of financial markets differs from the prevailing paradigm in many ways. I emphasize the role of misunderstandings and misconceptions in shaping the course of history. And I treat bubbles as largely unpredictable. The direction and its eventual reversal are predictable; the magnitude and direction of the various phases is not. ” ~ George…

Saudi Telecom is the largest telco provider in Saudi Arabia. The company offers mobile, landline, Internet, and TV on-demand services, as well as international telecommunication, broadband, and other related services. A former government-sanctioned monopoly, it commands 75% market share and sports industry-leading margins. They privatized in 1998 and spun-out as a public company in 2004.…

“They think that intelligence is about noticing things that are relevant (detecting patterns); in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns).” ~ Nassim Taleb, “The Bed of Procrustes” Good morning!In this week’s Dirty Dozen [CHART PACK] we look at the measured move target on the Qs, go through…

My E.G. Services (MYEG) is Malaysia’s leading provider of digital e-government and commercial services, acting as a bridge between government and citizens. The company brings governments into the 21st century offering digital-first solutions to otherwise mundane, out-of-date services. From drivers’ license renewal to worker’s permits and retail tax collection, MYEG allows governments to perform all…

“Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes. Speculation is far too exciting. Most people who speculate hound the brokerage offices or receive frequent telephone calls, and after the…