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Latest posts from the Stone Street Team via our Public Blog
Investing 101 teaches us that since investors can diversify on their own, they should seek to avoid conglomerates and focus on more pure-play type firms. Unfortunately, this may not be the best strategy, especially when the "growth" story behind the pure-play has more red flags than all of China.
Rather than criticizing any particular analytical approach, it's far more effective to take a long, hard look in the mirror, because the fault most often lies not with the practice, but rather with the practitioner. This is certainly true of fundamental analysis, perhaps even more so than with other analytical techniques.