Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Harshu Vyas	10/23/2024 8:33:09 AM
	Read Replies (1) of 78715

What's the thread's thoughts on Boeing? It looks really bad, but it's definitely a company I'd want to own. Whether that time is now is hard to say. Also, I read a really good book - Brick by Brick: How LEGO Rewrote the Rules of Innovation and Conquered the Global Toy Industry. The story of LEGO's rise in the 20th century, expansion into markets that they didn't understand (does this story sound familiar, anyone?), near bankruptcy in 2003 due to crippling debts and massive losses, followed by the turnaround story and resurgence. Note that the management team that came in to execute the turnaround were external hires from different fields - something that most business texts suggest is rarely a good match. Here's the kicker for me and what's left me a little stunned - what was the financial philosophy used to diagnose problems as they pulled out of struggle and into growth? EVA. Great, now I have to reread Mr Stewart's QFV and try to figure out if it was possible for management to have identified the flaws if they hadn't used an EVA-based approach and if it was really them who were really responsible for the turn in LEGO's fortunes.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next