Merry Christmas from everyone at Cabot! I hope you’re having a wonderful holiday season full of family, food and fun.
You may have noticed us talking about a special issue of Dick Davis Digest to be published in January that will contain the top stock picks for 2010 from the best investment pickers in the business. [...]

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Many companies became extinct during the 1930s, but the companies that survived helped to build the U.S. into the greatest industrial nation to date. I’m kind of a history buff, and I truly enjoy reading about the origins of companies and how they evolved. In addition to annual reports, Wikipedia usually provides an interesting history [...]

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I receive a lot of questions regarding portfolio risk, such as “How many stocks should I invest in, and should I concentrate on the few sectors that have the best potential in the current economic environment?”
I believe you should invest in as many stocks as you can keep up to date on. You should [...]

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Have all banks run amok? Not quite. I’ve gone out on a limb lately and recommended a couple of banks in the advisory I edit, Cabot Benjamin Graham Value Letter.
Hudson City Bancorp (HCBK) owns and operates 127 savings bank branches in northern New Jersey and New York City. The bank specializes in writing jumbo mortgages [...]

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One of the reasons for holding falling financial stocks like BAC, WFC and UBS so long was their dividends.  And I understand–regular dividends often cushion the blow from falling prices.  But just last month, Wells Fargo chopped its quarterly dividend from 34 cents to five cents.  Bank of America’s quarterly dividend has been slashed from [...]

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