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David J Hoare - ValueInvestingNow.com - Page 17

Author name: David J Hoare

Masters of Science in Accounting, 30 YRS of business administration and financial reporting; prepared over 4,000 tax returns. Big believer in the business concept of 'marginal value' and its impact with market price. An advocate of the feedback loop in construction.

56.67% Return on Investment: Union Pacific Railroad

PUTs

Value investing is a principle of investing whereby the investor uses ratios and comparative analysis of similar investments over an extended period of time. In this case, I compared the six publicly traded Class I railways in the United States. Then based on the results, I exercise buy and sell points for each stock within the fund. In this case, Union Pacific Railroad’s prior peak (high selling price) was $188.96.

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