Growing Capital

Growing Capital

Close the Discount

Written by PenderFund

The classic investing advice is to “buy low and sell high”. The objective of investing in “Close the Discount” ideas is to buy a stock when it is trading at a substantial discount to a […]

July 30, 2015
Growing Capital

Compounders

Written by PenderFund

Compounding is one of the bedrock concepts of investing – “the ability to generate earnings from previous earnings”1. For us, “Compounders” are those companies that can internally compound their intrinsic value at a mid-teens annualized […]

July 30, 2015
Growing Capital

Bond Yields

Written by PenderFund

Yield measures a bond’s rate of return. It is calculated differently than a regular stock return because it takes into account the interest and coupon rates, as well as the time to maturity. Related Content:[catlist […]

October 8, 2013
Growing Capital

Intrinsic Value

Written by PenderFund

Intrinsic value is the actual value of a company as opposed to its current market price. If an investor can conservatively estimate an actual intrinsic value range for a company, then he or she can […]

October 8, 2013
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