What's It Worth to You?

It's been a while but recent events have brought me back to this blog and I'm starting with a new, boring series: What's it Worth to You?

For the next few weeks, I will screen for good companies and then run through the valuation to see what it's actually worth and at what price we should buy for the long term.

What to keep in mind:

1. Don't lose money: That means that in buying these companies, we want to limit our downside risk by making sure they are actually great companies and will perform well going forward, not just bargains for bargains sake.

2. It's possible to be wrong: Yes, our valuations may be off as hard as we try. I may not factor in certain possibilities. Also, since this is not going to be like a wall street research, we intend to keep it simple. This point brings us back to the "don't lose money" thing. We will look for huge discounts to the actual value since we may be wrong.

3. Take advantage of special situations: Life's got a lot to do with getting ready for great chances when they come around and taking them. We'll discuss this more with time.

So hopefully this will be fun and years down the line, we would have made some good money from this and learned a lot about life and investing.
The companies will run the gamut, big, small, foreign , domestic.

Enjoy.