Enterprising Investor

Stock Fair Value Updates

This week I wanted to provide fair updates to some of the companies that I either own, or are on my watchlist. One goal of my Idea List series is to profile all the decent US net-net stocks, so 4 out of 5 of the stocks in this post are trading near their net current asset value. Alico is currently one of the largest holdings in my portfolio, so I update…

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Berkshire Hathaway AGM 2024

The Berkshire Annual Shareholders meeting was a couple of weeks ago and I traveled out to Omaha for my fourth visit. The weekend was a blast, even if sometimes it felt like work trying to convince people to subscribe to this Substack (my wife made some business cards with a QR code link which was really handy). Plenty of other investing accounts have wr…

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Motorcar Parts of America Stock Analysis

Business Description To me, value investing is about buying ugly, out of favor companies, and I think Motorcar Parts of America fits the bill. I wrote up Motorcar Parts at the end of March where it was trading at $8. At the time I thought the stock was pretty cheap, but then the price slid down to $5 so I wanted to do a deeper analysis. MPAA often lose…

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Monthly Round Up: April

Enterprising Investor 1 Year Anniversary 🎉 Earlier in April marked the anniversary of my first Substack post. I wanted to thank everyone for reading my work, which motivates me to continue publish my thoughts so that hopefully we all learn something.

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Earnings and Portfolio Updates

This week has been a busy one, so I wanted to share a couple of earnings updates from companies that have reported Q1 results already, some portfolio changes, and a fair value adjustment on Jewett-Cameron.Thanks for reading Enterprising Investor! Subscribe for free to receive new posts and support my work.

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The Idea List: Issue #7

In this post I want to share three stock ideas that appear to be undervalued. These companies came from the “top of the funnel” of my research process, meaning they came from stock screeners, or recommendations from Twitter and Substack. What I want to do here is present some qualitative and quantitative metrics that determine if I should keep researchi…

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Hurco Companies Stock Analysis

Business Description Recently, I purchased shares of Hurco Companies (HURC), a company founded in 1968 and headquartered in Indianapolis. My cost basis is about $20 a share, and I believe the company’s fair value is around $29 a share. Hurco designs and manufactures CNC machines, primarily consisting vertical mills and lathes. Hurco caught my eye due to…

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Q1 2024 Portfolio Update

Performance Overview For Q1 2024, my stock picking portfolio was up 0.5%. The Q3 starting balance was $84,621.38, and finished the quarter at $87,934.88. Contributions to the portfolio during the quarter amounted to $2,823.Support Enterprising Investor by sharing to your favorite social media platform

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The Idea List: Issue #6

In this post I want to share three stock ideas that appear to be undervalued. These companies came from the “top of the funnel” of my research process, meaning they came from stock screeners, or recommendations from Twitter and Substack. What I want to do here is present some qualitative and quantitative metrics that determine if I should keep researchi…

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Current Portfolio Holdings Valuation Update

Periodically I like to go through my current holdings and update my fair value estimates. The following are the largest 5 holdings in my portfolio. Some of these stocks are trading near fair value, while a couple are still undervalued so I may add to my positions.

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