Gradement's investing blog posts
If your only defense against invading armies is a moat, you will not last long. What matters is the pace of innovation. That is the fundamental determinant of competitiveness.
CAPE and other market valuation factors
How to value markets using the CAPE factor, based on the earnings value, and also using other factors based on free cash flows.
Free Cash Flow, Amazon.com, and the Teleportation Business
In his 2004 annual letter, Jeff Bezzos tells us about a hypothetical teleportation business to illustrate the advantages of using free cash flow, instead of earnings, to analyze investments.
Analysis of Alphabet/Google. Fourth part: pricing.
Fourth and final post in the series about Alphabet. To end the series we`ll discuss Alphabet's pricing.
Analysis of Alphabet/Google. Third part: dynamic solvency.
Third post in the series about Alphabet. This time we'll analyze its dynamic solvency.
Analysis of Alphabet/Google. Second part: solvency.
Second post in the series about Alphabet. Here we analyze in some detail its static solvency.
Why Alphabet Inc. is a great company but a poor investment.
Although Alphabet's fundamentals are worthy of praise, here we will analyze why its stocks are not now a good investment.
The case against the emergence of passive indexing robo-advisors
Here we analyze the current landscape of robo-advisors, implemented based on the MPT (Modern Portfolio Theory) and indexed passive management.
About Gradement
Gradement is an accounting analysis tool designed to help the fundamental investor with the quantitative part of investing.