Epiphany Investing

Searching Out the Optimal Portfolio of “Revelation” Stocks

Musings on Petrobras, Economic Recovery (PBR)

There’s little to do when one is wrong but admit, find a lesson, and move on. In that spirit, my decision to trim the majority of the Petrobras (PBR) position in the Secular Trends Portfolio was ill-timed, to say the least. I was concerned about several straight weeks of rising crude inventories, and I didn’t [...]

Trimming Petrobras, Caterpillar in Secular Trends Portfolio (PBR, CAT)

There hasn’t been a lot of activity here for a couple of weeks, the unfortunate result of other obligations and my ongoing intent to put in 5-6 hours of good reading and research time for every hour spent writing up my conclusions. But hey, if it’s not broke; The Secular Trends Portfolio continues it’s alpha [...]

Broad Market Rally Ahead of Election Results, STPortfolio Adds More Alpha

What an impressive day for the U.S. markets. Not only were they up on broad-based buying, there wasn’t much volatility going into the close. Late-day shenanigans in the past month have signaled of an overabundance of redemptions from both the hedgies and mutual funds. But today was relatively smooth, albeit on lower volumes. You can [...]

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Read more on S&P 500 (SPX) at Wikinvest

Petrobras Logs Record Production in September; Sentiment Remains Mixed (PBR)

Brazil’s pseudo-monopoly oil company Petrobras logged record production of 2.5 million barrels of oil equivalent (BOE) in September, up slightly from August and 7% year-over-year. And while all the oil majors are subject to the whims of crude prices lately, Petrobras has an under-leveraged balanced sheet (30% debt/equity) and attractive valuations of 5 times trailing [...]

Oil, Commodities Continue To Weaken - An Inflection Point?

Looking through my recent posts, I don’t seem to have mentioned crude oil prices very much. I can’t see why as I’m studying it constantly throughout the day, more so now than ever. I’ll reiterate my earlier standing apology for any gaps in the information I provide; I will, however, use the ultimate excuse that [...]

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Read more on Oil, Commodities at Wikinvest

Completing Buys for Portfolio - IBM, PBR, COST

The Secular Trends Portfolio is now up to 17 positions, right in the range that I would like to have as my mean. I averaged in to Costco (COST), IBM, and Petrobras (PBR) as I waited out the flailings of the market. I’m still utterly displeased with everything that happened yesterday, but the government has [...]

Adding Petrobras to Secular Trends Portfolio

Echoing what I just had to say about Potash Corp, I had Petrobras (PBR) on my extremely short list of pickups earlier in the week. When the bottom dropped out of energy and commodities earlier in the week, several companies stood out as the beneficiaries of panic selling. Petrobras shed over $17 billion in market [...]