Monthly Archives: January 2013

Management has the ADDvantage

How do you determine that the fundamentals of an investment have changed and it is time to move on regardless of whether or not you have lost money on the investment to date?  That is a question we faced recently with one of our investments – ADDvantage Technology (AEY).  We were given reason to believe … » Continue Reading

Apple: What Most People Are Missing

Note: This blog post was originally written on December 30, 2012 when the stock was trading for $510, prior to a two day run up in the stock.  While the stock is not as inexpensive at the moment, the thesis still holds true.   We all know the legend of Steve Jobs and Apple’s history … » Continue Reading