Roe Stock Quotes

On Rachel's show for November 7, 2012: We're not going to have a supreme court that will overturn Roe versus Wade. There will be no more Antonio Scalias and Samuel Aleatos added to this court. We're not going to repeal health reform. Nobody is going to kill medicare and make old people in this generation or any other generation fight it out on the open market to try to get health insurance. We are not going to do that. We are not going to give a 20% tax cut to millionaires and billionaires and expect programs like food stamps and kid's insurance to cover the cost of that tax cut. We'll not make you clear it with your boss if you want to get birth control under the insurance plan that you're on. We are not going to redefine rape. We are not going to amend the United States constitution to stop gay people from getting married. We are not going to double Guantanamo. We are not eliminating the Department of Energy or the Department of Education or Housing at the federal level. We are not going to spend $2 trillion on the military that the military does not want. We are not scaling back on student loans because the country's new plan is that you should borrow money from your parents. We are not vetoing the Dream Act. We are not self-deporting. We are not letting Detroit go bankrupt. We are not starting a trade war with China on Inauguration Day in January. We are not going to have, as a president, a man who once led a mob of friends to run down a scared, gay kid, to hold him down and forcibly cut his hair off with a pair of scissors while that kid cried and screamed for help and there was no apology, not ever. We are not going to have a Secretary of State John Bolton. We are not bringing Dick Cheney back. We are not going to have a foreign policy shop stocked with architects of the Iraq War. We are not going to do it. We had the chance to do that if we wanted to do that, as a country. and we said no, last night, loudly.

if we should put the least priority on profit and sales growth numbers then what will be our priority? The answer is Return on Equity (ROE).

That 20 percent ROE will actually come down to about 17 percent in the first year and then 15 percent as the cash earning a 2 percent return blends in with the business earning a 20 percent return,” Jason

He carefully poured the juice into a bowl and rinsed the scallops to remove any sand caught between the tender white meat and the firmer coral-colored roe, wrapped around it like a socialite's fur stole. Mayur is the kind of cook (my kind), who thinks the chef should always have a drink in hand. He was making the scallops with champagne custard, so naturally the rest of the bottle would have to disappear before dinner. He poured a cup of champagne into a small pot and set it to reduce on the stove. Then he put a sugar cube in the bottom of a wide champagne coupe (Lalique, service for sixteen, direct from the attic on my mother's last visit). After a bit of a search, he found the crème de violette in one of his shopping bags and poured in just a dash. He topped it up with champagne and gave it a swift stir. "To dinner in Paris," he said, glass aloft. 'To the chef," I answered, dodging swiftly out of the way as he poured the reduced champagne over some egg yolks and began whisking like his life depended on it. "Do you have fish stock?" "Nope." "Chicken?" "Just cubes. Are you sure that will work?" "Sure. This is the Mr. Potato Head School of Cooking," he said. "Interchangeable parts. If you don't have something, think of what that ingredient does, and attach another one." I counted, in addition to the champagne, three other bottles of alcohol open in the kitchen. The boar, rubbed lovingly with a paste of cider vinegar, garlic, thyme, and rosemary, was marinating in olive oil and red wine. It was then to be seared, deglazed with hard cider, roasted with whole apples, and finished with Calvados and a bit of cream. Mayur had his nose in a small glass of the apple liqueur, inhaling like a fugitive breathing the air of the open road. As soon as we were all assembled at the table, Mayur put the raw scallops back in their shells, spooned over some custard, and put them ever so briefly under the broiler- no more than a minute or two. The custard formed a very thin skin with one or two peaks of caramel. It was, quite simply, heaven. The pork was presented neatly sliced, restaurant style, surrounded with the whole apples, baked to juicy, sagging perfection.

Table 3.7 Estimating Sustainable Growth Growth in earnings How much are you reinvesting? How well are you reinvesting? Operating income = Reinvestment rate × Return on capital (ROIC) Net income = Retention ratio × Return on equity (ROE)

Nete Pete and the Killer Forest "Blah-blah-blah. You're the superhero. I'm the princess. Save me." Tree of Knowledge "Feed me. Preposterous. How could someone feed a book?" Adventures Wanted "'Fishing is boring.' 'Do you fish in Davy Jones' Locker? Have you everheard of the Kraken?'" Can You Swim? "Blood stained her desk seat from a coming of age secret. Her classmates taunted her from that moment on." Smoke Legend "Crackles of warmth from the blaze shifted light across the merchant's face. The young boy held fast to his father's knee. Enticing legends began to breathe." Hunting Cabin "Perle, ghosts don't exist. Unless you count the deer we're going to bag." Red Cap "'Wait,' cried Polka, 'By Wutan! Devour me and no future roe will favor your blows!'" Cat Run "She held out a pair of stockings with a run in one leg. 'What dove did you skin these off of?'" Laura DeGrave "Popcorn Krunchers Shorts with Bite

Multiple Companion variable Mismatch indicator for undervalued company PE ratio Expected growth Low PE ratio with high expected growth rate in earnings per share P/BV ratio ROE Low P/BV ratio with high ROE P/S ratio Net margin Low P/S ratio with high net profit margin EV/EBITDA Reinvestment rate Low EV/EBITDA ratio with low reinvestment needs EV/Capital Return on capital Low EV/Capital ratio with high return on capital EV/Sales After-tax operating margin Low EV/Sales ratio with high after-tax operating margin

Nete Pete and the Killer Forest "Blah-blah-blah. You're the superhero. I'm the princess. Save me." Tree of Knowledge "Feed me. Preposterous. How could someone feed a book?" Adventures Wanted "'Fishing is boring.' 'Do you fish in Davy Jones' Locker? Have you ever heard of the Kraken?'" Can You Swim? "Blood stained her desk seat from a coming of age secret. Her classmates taunted her from that moment on." Smoke Legend "Crackles of warmth from the blaze shifted light across the merchant's face. The young boy held fast to his father's knee. Enticing legends began to breathe." Hunting Cabin "Perle, ghosts don't exist. Unless you count the deer we're going to bag." Red Cap "'Wait,' cried Polka, 'By Wutan! Devour me and no future roe will favor your blows!'" Cat Run "She held out a pair of stockings with a run in one leg. 'What dove did you skin these off of?'" Laura DeGrave "Popcorn Krunchers Shorts with Bite

The return on capital varies widely across firms in different businesses, tending to be lower in competitive businesses. The return on equity (ROE) examines profitability from the perspective of the equity investors by relating profits to the equity investor (net profit after taxes and interest expenses) to the book value of the equity investment and can be computed as:

Dividend yield between 3% and 4% Company at least 10 years old and operating in a stable business 5-year average ROE greater than 20% Net debt/average three-year net income is 4.0 or less Call option premium/current stock price should be at least 1% for every 30 days until expiration

My wife has a sweet tooth but is also very health conscious. Over more than two decades, she has followed a simple yet powerful way of avoiding the enticement of desserts. Our fridge just doesn’t have any. In my view, the best way to avoid investing in bad businesses is to ignore them and their stock prices. We never discuss what we consider bad companies or industries in our team meetings. Never. It doesn’t matter if an airline has declared spectacular results recently or if every analyst recommends buying airline shares. We are indifferent to a public sector bank that has hired a new CEO from the private sector and has pushed its stock price to an all-time high. We ignore an infrastructure business that has been awarded a new multibillion-dollar contract and a gold loan business that has announced 30 percent ROE in its latest quarterly result and is touted by the bulls to be the next billion-dollar opportunity. No one on our team is allowed to utter the famous last words of many investors: “This time, it’s different.” If we never discuss a business, how will we ever buy it? No sweets in the fridge: no snacking possible.

To summarize, a great business will show the following characteristics in its financial statements: Earnings show a smooth upward trend Consistent return on equity (ROE) greater than 20% Consistent return on total capital (ROTC) greater than 15% Long-term debt less than 4 times earnings Pays a dividend and/or buys back stock

one approach is to screen for companies that have lower P/E, P/B, and FCF yields than the overall stock market, an ROE that is consistently above 15%, and a performance over the past year that is at or above the level of the overall market.