04-29-2015, 07:16 AM
Dan, I hear you.
There's not much of a story to them or anything to romanticize. It's basically sell quality in demand stuff at profitable prices and rinse & repeat.
I read through the earnings call transcript last night and it had to be the most boring thing I've ever read. "We need to sell more stuff and lower the costs associated with selling them" is what it boils down to.
They're global so FX has been a big piece of the narrative / drag last couple of quarters. This too shall pass.
But Dan, I totally get what you're saying about looking to understand the story so you don't get bored and look to rotate them out. We all have to march to the beat of our own drum. For me, when I identify something that scores high and I can understand it's not just a fad and it fits in my portfolio I usually just close my eyes and click buy.
![[Image: HEodMfU.png]](https://i.imgur.com/HEodMfU.png)
PH, ROK, HRS, BR, DCI …. who the hell knows what they really do aside from sell something at a profit, buy back shares every year, increase dividend every year, increase in price every year ... and that's what works for me
There's not much of a story to them or anything to romanticize. It's basically sell quality in demand stuff at profitable prices and rinse & repeat.
I read through the earnings call transcript last night and it had to be the most boring thing I've ever read. "We need to sell more stuff and lower the costs associated with selling them" is what it boils down to.
They're global so FX has been a big piece of the narrative / drag last couple of quarters. This too shall pass.
But Dan, I totally get what you're saying about looking to understand the story so you don't get bored and look to rotate them out. We all have to march to the beat of our own drum. For me, when I identify something that scores high and I can understand it's not just a fad and it fits in my portfolio I usually just close my eyes and click buy.
PH, ROK, HRS, BR, DCI …. who the hell knows what they really do aside from sell something at a profit, buy back shares every year, increase dividend every year, increase in price every year ... and that's what works for me