Brown-Forman.

Brown Forman is a 139 year old company that owns a variety of different alcoholic products. The company is trading at a very attractive valuation but also has large growth prospects in international as well as domestic markets . Brown-Forman has a 14+ spirits, liquors, or wines. Some of their beverages include Jack Daniels and Mexico's best selling tequila El Jimador.

• P/E:16.82
• Price to Book:4.15
• EPS:$3.14
• Gross Margin:50%
• 5 year annual Growth:9.72%
• 5 year revune growth:9.58%
• 5 year dividend growth:11.84%
• 5 year eps rate:12.59% Current Assets: 1.94
• Return on equity:25.60%

What I'm reading today....

Charlie Munger's Slate piece

Fitch downgrades Greek banks

Case Shiller Index shows .2% drop in home prices


Sidenote: A stock ive been watching recently is up over 20% this morning on a possible takeover. ZLC or Zales is a jewelery store that has been under heavy pressure from increasing liabilities. Accoridng to Yahoo finance, "Private equity firm Apollo Management has submitted a proposal to buy a stake in the chain, according to a report in the Wall Street Journal, which cited unidentified sources familiar with the matter." ZLC shares are trading for about 2.45 and were trading at the close yesterday for a little above 2 dollars.

Consumer Confidence falls lower.

The goal of this blog is to keep to provide readers and the author with a better understanding of value investing and the financial markets at large. By documenting my thoughts and actions I hope to keep a record I can learn from.

NEWS: This morning the Dow and s&p headed lower dude a sudden drop in the consumer confidence index. The consumer index fell from 56 to 46 or a drop of ten points. With unemployment so high it is little wonder that the consumer if feeling stressed and has lost confidence. Wither this is a temporary dip in the index due to a pull back from consumption after holidays is unclear.


My positions as of this blog post are as follows.

ATV
ARII
DVR
ELMG
AHL
XOM
GE
BLD
TRV