First thing first, Keurig Green Mountain (ticker:GMCR) is not a Knowledge Leader, which means as an investment team we don’t spend a lot of time delving into the intricate details of the stock....
Academic research has shown that not all research and development (R&D) is created equal. In every industry, you have two sets of companies: Knowledge Leaders and Knowledge Followers. On the one hand, you have Knowledge Leaders which are companies that introduce new and innovative products....
As we never tire of pointing out, the massive levels of intangible assets on multinational corporations’ balance sheets is one the most overlooked drivers of profitability by the investor community....
Our good friend Jeff Saut from Raymond James highlighted our favorite topic in his daily ”Morning Tack” today. That topic of course is intangible capital! Our focus in Denver is finding companies that invest and create large reservoirs of intangible capital in order to deliver...
Autodesk (Ticker: ADSK) is a design software and services company that serves customers in various fields ranging from architecture, engineering, construction, manufacturing, digital media and entertainment. We think there is a positive case to be made for Autodesk in 2015, especially when one properly accounts...
Much has been made of the fact that Amazon had a $126 million dollar loss in the second quarter even though revenues were an astounding $19.34 billion. How in the world is a company not profitable when revenues are approaching $20 billion on a quarterly...
