
- Scuttlebutt meaning how to#
- Scuttlebutt meaning full#
- Scuttlebutt meaning professional#
- Scuttlebutt meaning free#
There were several factors that Lynch liked about the product, including the fact it was the first female hosiery to be sold in a mass-marketing outlet. He did not find L'eggs himself instead, they were found by his wife when she shopped at a supermarket. Two of his most prominent investing successes were L'eggs pantyhose and La Quinta hotels, which is now part of Wyndham ( WYND). And, as the subtitle implies, he believed any observant investor could do the same.


Scuttlebutt meaning how to#
"One Up On Wall Street: How to Use What You Already Know to Make Money in the Market," he explained how he had used everyday tidbits of information to find some of his greatest successes. One legendary investor, Peter Lynch, took scuttlebutt investing to new heights. There are also settings that allow you to adjust how often you receive them and so on. Sometimes it's necessary to tweak the alerts to avoid too few or too many responses. Instead, I'm watching for warning signs such as short seller interest or news that the company is slipping in some fundamental way. I don't spend a lot of time reading the specifics in the articles in the alert.
Scuttlebutt meaning free#
Want a steady flow of information about a specific company or any subject under the sun? Several services monitor a wide range of web sources and collect articles on designated subjects.įor example, I use the free Google Alerts for each of my holdings and once a week receive an emailed list made up of titles and a few dozen words of description. They are available by clicking on the Forum heading in the blue menu ribbon at the top of most pages. I like using search engines for GuruFocus searches since more information appears for each result, allowing me to select more quickly.Īnd don't forget the GuruFocus forums: one each for general discussion, investment ideas, Buffett and books. You also can use a search engine, entering a term such as "gurufocus general motors (GE)" (without the quotation marks). There are literally thousands of articles available you can find them by doing a search on many pages of the site.
Scuttlebutt meaning professional#
Starting at home, this website is a vast repository of information about stocks and the professional investors who buy and sell them. Provoked by the ideas in the scuttlebutt chapter, I asked myself how much I could learn about a company given my access to what is sometimes called "The Information Superhighway." The following is a partial list of scuttlebutt sources available to investors with an Internet connection: As an average investor in the Internet age, however, I may have more access to information than I had assumed. Like most other average investors, I would argue that since I am not a fund manager or a professional investor, I would not have the same access to inside (but not insider) information. In addition, investors who understand what can be accomplished may occasionally, serendipitously, surprise themselves with what they can add to the advisor's work. It will be helpful to anyone using a professional advisor because understanding the process will help them evaluate the work of the advisor. Still, Fisher thinks that understanding how the scuttlebutt process works should help them understand the companies they are investigating. At the same time, he recognizes average investors will balk, saying they do not have access to such information. So instead, he recommends the scuttlebutt method, which he said should serve investors very well. Obviously, that is not going to happen for us "average" investors.
Scuttlebutt meaning full#
He starts by offering the ideal due diligence process: Hiring a highly skilled manager who knows about business and investing, give him or her full access to every department of the companies he or she investigates and then receive a detailed report about the pros and cons of the company.

But the book's emphasis soon changes to due diligence. Click here to check it out.īuffett got the scuttlebutt idea from Philip Fisher's 1958 book, "Common Stocks and Uncommon Profits and Other Writings." As elaborated in chapter two, Fisher began by referring to it as part of his discovery process for finding outstanding stocks. Warning! GuruFocus has detected 5 Warning Sign with BRK.A.

That scuttlebutt helped him decide on an even bigger commitment to Apple. And, Buffett being Buffett, he noticed the kids were so busy with their iPhones they hardly talked to him. During the summers, he takes his great-grandchildren and their friends to Dairy Queen for ice cream. When Warren Buffett ( Trades, Portfolio) doubled Berkshire Hathaway's ( BRK-A)( BRK-B) stake in Apple ( AAPL) in 2017, he said it was a result of using the "scuttlebutt" method.
