Fastenal: Why Being Cheap Works As a Business Strategy

Subscribe to The Ultimate Value Investing & Hedge Funds Resource Need some shiny accolades to convince you to sign up for ValueWalk Premium? The free trial and 30 dollars a month weren’t enough? 🤷 We’re listed . . . ➡️ In a Barron’s article titled “Stock Websites That Warren Buffett Could Love” ➡️ By Wall Street Survivor as one of “10 Value Investing Blogs You’d Be Crazy Not to Follow” ➡️ In a CNBC article titled “3 Ways to Invest Like Warren Buffett” Our offer still stands. Sign up now. 👇 [Grab your free trial of ValueWalk Premium right here, right now.]() = [Fastenal: Why Being Cheap Works As a Business Strategy](=) Fastenal is one of the best-performing stocks of the past decade. Since the beginning of January 2010, shares in the industrial distribution company have yielded an average annual return of 16%, turning every $10,000 invested into $44,264. Q2 2020 hedge fund letters, conferences and more In many ways, Fastenal is not the sort of business […] [Q2 Hedge Funds Resource Page Now LIVE!!! Lives, Conferences, Slides And More [UPDATED 7/8 21:16 EST]](=) Simply click the menu below to perform sorting functions. This page was just created on 7/1/2020 we will be updating it on a very frequent basis over the next three months (usually at LEAST daily), please come back or bookmark the page. As always we REALLY really appreciate legal letters and tips on hedge funds […] [JDP Q2 Letter: One-Size-Fits-All Accounting Models=Dangerous]( JDP Capital Management letter to investors for the half year ended June 2020, discussing the one-size-fits-all accounting models. Q2 2020 hedge fund letters, conferences and more Dear JDP Partner, In the first six months of 2020 JDP was +19.35% (net) versus -3.08% for the S&P 500. This was our largest outperformance in a half-year since […] The post JDP Q2 Letter: One-Size-Fits-All Accounting Models=Dangerous appeared first on ValueWalk. [Gold price: per ounce, calculator, news and analysis](=) Editor’s note: This page is updated frequently with the most important news on the gold price, including economic news and other key drivers. Please make sure to bookmark this page and check back on a regular basis. Gold prices top key $1,800 an ounce resistance July 8, 2020 Update: Gold prices climbed past $1,800 an […] The post Gold price: per ounce, calculator, news and analysis appeared first on ValueWalk. [Airline firms do layoffs after taking bailout money](=) Airlines and contractors doing business on their plays were offered bailouts if they didn’t do any layoffs. However, there’s apparently a big loophole that some contractors are taking advantage of. These airline firms are not only taking the bailout money but also doing layoffs. Q2 2020 hedge fund letters, conferences and more Airline contractors take […] The post Airline firms do layoffs after taking bailout money appeared first on ValueWalk. [The Price Of Oil Remains Stable As Inventories Surge]( Commenting on the stability of the oil price and today’s trading, Gorilla Trades strategist Ken Berman said: Q2 2020 hedge fund letters, conferences and more The major indices are all trading slightly higher at midday as stocks bounced back following yesterday’s late-session dip in early trading. The Nasdaq has been the strongest of the large-cap […] The post The Price Of Oil Remains Stable As Inventories Surge appeared first on ValueWalk. Can you pass this investing quiz? Ready? See if you can you name the investment that gives you all this… - Superb total return—Thanks to fat dividends and steadily rising prices, by the beginning of the year this investment has beaten the S&P 500 by 1,164 percentage points since 2000. - Stress-free gains—It’s 76% less volatile than regular stocks. - Peace of mind—You can buy it and lock it away for years. - Bear-market insurance—It’s the most recession-proof investment you can buy. - Rock-solid value—It gives you earnings on the cheap, trading at single-digit P/Es. - Retirement security—It will mail you bigger and bigger checks forever. One more thing: the dividends can be incredible. We have a portfolio full of these stocks throwing off an effective yields as high as 69%. Or more. Give up? [Get the answer here.](=) To your wealth, Robert Rapier (c) VALUEWALK LLC 2011-2020 295 Madison Avenue 12th floor, New York, NY 10117 973-685-6523 { unsubscribe_link }} or the