The average of the big bank projections was for the S&P 500 to gain 1.9 per cent, but as of late November the S&P 500 was up 25.5 per cent.

Analysts’ target prices again miss the mark

Investing for Fun and Profit: I plan to continue to ignore those target prices when making decisions

Approximately a year ago a column titled “The value of target prices” studied analyst price targets on every TSX index stock with how the stock actually performed over the next year. Analyst target prices had been conveniently amalgamated in a Globe and Mail article. While I had never used target prices to make purchase or […] Read more

How to make sound purchase decisions: company analysis, Part 2

How to make sound purchase decisions: company analysis, Part 2

Another example of stock purchasing decision metrics (that sounds boring!)

The current series of articles were prompted by a couple of emails to further outline the process I use to buy individual companies. So don’t blame me for putting you through this! Hopefully, by the end, you will be able to relate to the small amount of number crunching required to make sound purchase decisions, […] Read more