This is exactly why we sold whatever Sprint (S) stock that we owned at T&T Capital Management.  Management has been disastrous for years.  They have some of the worst capital allocation that I have ever seen so even though the stock is cheap, unless something drastically changes I wouldn’t invest in them. http://online.wsj.com/article/SB10001424052702303816504577306053212343154.html?mod=business_newsreel INVESTING IN...Read More

This article outlines the dual benefit that cheap natural gas prices are having on the Steel Industry, particularly the domestic companies such as US Steel (X).  Some of these companies are switching from coal to natural gas to burn their furnaces which is saving a substantial amount of money.  Also demand for steel is increasing...Read More

Today Lennar reported revenue numbers that were quite strong.  This report seems to be quite different than what KB Homes reported last week, which is exactly what KB’s management discussed last week by saying that most of their problems were internal, or were the result of their mortgage affiliates struggles to get deals done.  Lennar...Read More

Today on CNBC Robert Schiller discussed housing along with some other topics.  I disagree and believe that housing has bottomed.  The data is lagging and every region is different but I think prices as a whole are likely to turn higher over the course of this year and next, even though the initial data might...Read More

This is a fun article written by Geoff Gannon where he discusses some of Warren Buffett’s first investments.  For any serious value investor I’d of course recommend reading all of Buffett’s Partnership letters and Berkshire Hathaway Chairman’s letters, but this article did a nice job in outlining the details of a few of them. INVESTING...Read More

This article http://www.forbes.com/sites/ericsavitz/2012/03/21/6-reasons-why-i-dont-invest-in-the-u-s-stock-market/3/ in Fortune shows some key differences in how non-value investors look at the market versus how we do.  I’m going to address the authors 6 reason below: 1) Retirement Savings- The author cites the fact that the market has been flat over the last 15 years because so much retirement money has come into...Read More

http://seekingalpha.com/article/457561-research-in-motion-s-stock-price-provides-a-margin-of-safety-and-upside INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.Read More

Begin the Process of Maximizing Your 401 (K) Program The TTCM 401(K) and 403(B) Maximization Program is your answer to getting more out of your company sponsored retirement plans: 401(K), 403(B), 457, and more. TTCM’s Professional Money Managers Research, Analyze, and Recommend the Ideal Program for You Upon becoming a TTCM 401(K) and 403 (B)...Read More

More positive data pertaining to the residential real estate market.  I’m much more interested in the progress being made in the existing home market than I am in the new home market, as it is in the existing home market where the supply/demand balance has been most out of whack. http://www.bloomberg.com/news/2012-03-26/pending-sales-of-u-s-existing-homes-hold-near-two-year-high.html INVESTING IN THE FINANCIAL...Read More

While at T&T Capital Management we are of the mindset that China is likely to experience a considerably rougher landing than the consensus opinion, this article nicely articulates some of the problems that particular commodity exporters might endure.  Companies like BHP, RIO, and RTP, are not going to have same seemingly inexhaustible demand that has...Read More