Xperi Holding Corp (XPER)

Formerly TiVo Corp (TIVO) (merged in 2020) Asset Class: US Stock (Sector: Information Technology / Industry: Software) Original Investment Thesis (12/2017):  When I bought this company’s stock, I liked several things about it.  They are a product of an acquisition of TIVO (by ROVI…then keeping the TIVO name).  This was in late 2016—valued TIVO at …

Macy’s Inc. (M)

Asset Class: US Stock (Sector: Consumer Discretionary / Industry: Multiline Retail) Original Investment Thesis (12/2017):  Retailpocalypse!  Amazon is evidently going to put every company on earth out of business.  Somehow, I doubt that happens!  I don’t think Macy’s is going out of business…ever.  Macy’s has been around since the 1800s and in my opinion, Macy’s …

Alliance Resource Partners LP (ARLP)

Asset Class: US Stock (Sector: Energy / Industry: Oil, Gas & Consumable Fuels) Original Investment Thesis (11/2017):  Cyclical investing!!!  This investment has a lot of strangeness that I needed to figure out in order to get comfortable owning it (besides being a coal company).  It was the first coal MLP formed in 1999 (originally started …

Hawaiian Holdings Inc (HA)

Asset Class: US Stock (Sector: Industrials / Industry: Airlines) Original Investment Thesis (11/2017):  I always loved Warren Buffett’s quote (from back in 2007) about how someone should have shot down Orville Wright on that first flight in order to save investors in airline stocks a ton of capital over the decades.  That said I think …

ViacomCBS Inc (VIAC)

Formerly Viacom Inc (VIAB). Merged with CBS Corp in 2020. Asset Class: US Stock (Sector: Communication Services / Industry: Entertainment) Original Investment Thesis (11/2017):  Basically, my entire investment thesis in life is if you can own Spongebob Square Pants…do that!  I remember one time when my tv provider was fighting with Viacom about pricing and …

Creating Deanco Investment Group

Preston, my oldest son, recently (in late 2017) got interested in investing and wanted to learn about it.  I warned him it was really hard, really time-consuming and almost always a losing game to try to beat the “market”.  I told my son if you want to invest in individual stocks (rather than just buy …

Tenet: Don’t Do Things That You Know Ain’t Right – Just act right!  So many people get this simple concept wrong.

James 4:17 So whoever knows the right thing to do and fails to do it, for him it is sin. Just act right!  So many people get this simple concept wrong!  I have found myself wondering why people can’t just act right so many times in my life.  It is mind-boggling things that you hear …

Topic: Why College?

Earlier this year I talked with you guys about the importance of intelligence/education in determining your success in life and in creating wealth for you and your family.  We talked about how smart people wind up earning more than people who are not as smart.  We talked about how educated people wind up earning more …

Tenet: Have a BHAG! – Set Big, Hairy, Audacious Goals.

Big Hairy Audacious Goal(s)!  I heard this term for the first time in a book about how to build great companies. The book was called Built To Last and it was and still is one of the better books on business around.  One of the concepts in the book was those truly great companies…ones that …

Tenet: Be Well-Rounded – Learn as much as you can about as much as you can.

What does it mean to be well-rounded?  Eating tons of cheeseburgers will get you there but that is not what I mean.  This is similar to keeping things in balance but easier and more fun I think.  Being a well-rounded person means that you know a little about a lot and don’t get obsessed with …