They were a little lighter than estimates, but still up by about 1. 6 . This is on the heels of Dollar General, that really crushed it. Heres a negative. They might see earnings on the higher end for the full year. They do not see revenue on the higher end for the full year. They see 43. 6 billion. They had seen 43. 9 billion. That could be a marginal weakness. David stock is up in the premarket a little less than 1 . You mentioned Dollar General, which has a strong showing. Alix blew outcome a really. Raised their guidance, they see fullyear sales forecasts rising. They did point out there are a large number of sales in their lower margin products, so margins will be an interesting story for them, but i think it always is for the Dollar Stores. David absolutely. The beat on earningspershare for the Second Quarter, and comp sales were up 4 . You can see they are up about 6. 5 in the premarket. Alix this will add some early optimism in the markets. S p futures up by a solid 1 , over 290
David well, people would not recognize me if my tie was fixed. Just leave it this way. All right. David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . Have been doing Value Investing for 36 years. What is a Value Investor . John a Value Investor is someone who is looking for bargains, trying to find stocks that are selling at a 40 discount to what we think their private market value is. We want to make sure it has a low p e ratio, a strong balance sheet, and has the ability to really withstand the inevitable storms that happen in the stock market. David now, Warren Buffett , is he a Value Investor . John he is the greatest Value Investor of all time. Sometimes people talk about whether Michael Jordan is better than lebron james. There is no question when it comes to
I dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . So you have been doing Value Investing for 36 years. What is a Value Investor . John somebody looking for bargains. We are trying to find stocks selling at a 40 discount what we think their private market value is. We want to make sure it has a low ratio, a strong Balance Sheet and has the ability to really withstand the inevitable storms that happen in the stock market. David is Warren Buffett a Value Investor . John he is the greatest Value Investor of all time. Some people talk about whether Michael Jordan is better than lebron james. There is no question when it warren isinvesting mor the best ever. David Value Investing is easier done when the markets are down. When the markets are high, there are not as many bargai
I dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . So you have been doing Value Investing for 36 years. What is a Value Investor . John somebody looking for bargains. We are trying to find stocks selling at a 40 discount what we think their private market value is. We want to make sure it has a low p e ratio, a strong Balance Sheet and has the ability to really withstand the inevitable storms that happen in the stock market. David is Warren Buffett a Value Investor . John he is the greatest Value Investor of all time. Some people talk about whether Michael Jordan is better than lebron james. There is no question when it comes to investing warren is the best ever. David Value Investing is easier done when the markets are down. When the markets are high, there are not as m
Down across equity markets 1 . At least we are getting some bounceback in u. S. Equities. But given a 3 drop, hardly any consolation. Further into negative. In australia a low 16 basis points, the flattest curve in australia going back to 2009. Flipping the boards, what else are we tracking . It is not a good day. Msc i down 0. 8 . Home prices nothing to write home about. Ems, 0. 6 . However cheap you think they are, a strong dollar keeping the money away. Uneventful. Dollaryen, 106. That is steady, bodes well if you are looking to buy into this. Joining us to answer that question, ken wong. Agent equity portfolio specialist. Ken opportunities. Over the next couple weeks a lot of Companies Reporting their earnings. Itll be good to see specifically what the guidance will be. We know markets are relatively cheap. You look at that from a historical standpoint. That said, you still have to be careful. Below theirrading Intrinsic Value. A lot of investors are waiting for silence. I was in a