A 100-Year-Old Formula... And Why We Still Use It Today

Δ Maybe he was hoping this would make the market change its mind about his company… In October, we wrote about how steel company Cleveland-Cliffs’ (CLF) CEO Lourenco Goncalves showed his displeasure with analysts on recent earnings calls, claiming they didn’t understand his business. We also highlighted how the market might not understand the company’s […]

Δ Legendary investor Warren Buffett frequently mentions that he adjusts as-reported accounting metrics before making an investment decision… He also implores others to do the same – the GAAP numbers offer an incomplete picture of a company’s real performance. Here at Altimetry, the core of our analysis is based on identifying the dislocations created by […]

Δ Which companies do you want us to cover in Altimetry Daily Authority? A few weeks ago, reader Ken responded to our article on conglomerate General Electric (GE) and asked if we’d look at a specific company. We hope it didn’t take too long… That business is the one we’re covering in today’s piece. Let […]

Δ Can a fresh face solve an old problem? On November 12, we wrote about how conglomerate General Electric (GE) still doesn’t look cheap despite its shares falling from $31 to $11 over the past three years. One of the reasons why GE still looks so expensive is because the company still has a significant […]

Joel’s note: The Altimetry offices are closed tomorrow and Friday for the Thanksgiving holiday, so look for your next Altimetry Daily Authority on Monday, December 2. See you then! Δ Wishing you and yours a happy Thanksgiving… Every year around Thanksgiving, I like to take a little time to look back with our team to […]