Yay or Nay: Griffon Corporation

Summary Griffon Corporation (“Company”, “Griffon”) is a multinational conglomerate headquartered in New York City. The company conducts its operations through five subsidiaries: The AMES Companies, ClosetMaid, Clopay Building Products, CornellCookson, and Telephonics Corporation. Griffon has been publicly traded since 1961 and is listed on the New York Stock Exchange as a component stock of the S&P SmallCap 600, S&P Composite 1500, and Russell 2000 indices. Griffon operates as a diversified management… Continue reading Yay or Nay: Griffon Corporation

The End of Fundamental Investing

As of this bull market, fundamental investing is dead. Look at all the companies with outsized gains for last year and you’ll find that majority of them aren’t even profitable or worse, cash-flow positive. Yet their stock is skyrocketing which leads us to a simple question, why? For those of you too lazy to read… Continue reading The End of Fundamental Investing