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Discussion Choose a company not mentioned in this week’s lectures and use the Mauboussin & Bartholdson approach to provide a brief analysis of the strengths (or weakness) of the company’s competitive moat. You need only provide one or two sentences to address characteristics that Mauboussin & Bartholdson highlight. |
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Discussion Review this week’s reading from Tsang & Xydias: “Cheapest Stocks Since 1995 Show Cash Exceeds Market (Update5).” Under what circumstances would a company’s stock trade for less than the book value of its equity? |
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Discussion When you consider how bonds are valued, what is the greatest risk in the use of bonds? |
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