http://www.scuttlebuttinvestor.com/home daily 0.75 2014-02-23 http://www.scuttlebuttinvestor.com/home/2014/2/23/my-first-post monthly 0.5 2014-02-23 http://www.scuttlebuttinvestor.com/blog daily 1.0 2024-02-04 http://www.scuttlebuttinvestor.com/blog/2018/11/19/the-scuttlebutt-method monthly 0.5 2019-03-22 http://www.scuttlebuttinvestor.com/blog/2018/6/11/a-capacity-to-suffer-and-managing-expectations monthly 0.5 2019-03-22 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1534571479310-UNRCGCG7Q8BZ3B8AQWUY/NFLX+OpInc+and+EPS.png Blog - A Capacity to Suffer and Setting the Right Expectations Source: Data sourced from Netflix public filings http://www.scuttlebuttinvestor.com/blog/2018/5/3/en-route-to-omaha monthly 0.5 2018-05-04 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1525418976618-4NFEEV13L02XIL5ZRU88/Sees+Candy+SFO.jpg Blog - En route to Omaha See’s candy store right next to my departure gate for Omaha. Coincidence? I think not. http://www.scuttlebuttinvestor.com/blog/2018/4/8/brand-as-a-durable-competitive-advantage-presentation-at-google-vic monthly 0.5 2018-04-12 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1523167081276-K8L969H3YC144WEEIK6I/Screen+Shot+2018-04-07+at+10.56.57+PM.png Blog - Brand as a Durable? Competitive Advantage http://www.scuttlebuttinvestor.com/blog/2018/3/4/the-coffee-can-portfolio monthly 0.5 2019-03-22 http://www.scuttlebuttinvestor.com/blog/2017/12/30/getting-my-fix-of-starbucks-sbux monthly 0.5 2019-03-22 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1514789014770-CQJ9MHOYHITZ5JAV4CZ7/Starbucks+Stored+Value.png Blog - Getting My Fix of Starbucks (SBUX) Source: “Starbucks has more customer money on cards than many banks have in deposits”, MarketWatch (6/11/16) https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1514789973507-Q4KAXAIAMUHQI0DKON3E/Starbucks+investor+day+slide.png Blog - Getting My Fix of Starbucks (SBUX) Source: Starbucks Investor Day Presentation 12/7/16; Growing and Elevating Our Stores-Andy Adams, SVP of Global Store Development https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1514790418286-3JONWH9X6L5EWJAH7IZ4/Comp+Sales.png Blog - Getting My Fix of Starbucks (SBUX) Source: Data from Starbucks Investor Relations site; Consolidated Company operated stores open 13 months or longer https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1514790834566-4AWTDZKUHLCCOHPGTZXQ/Traffic+trends.png Blog - Getting My Fix of Starbucks (SBUX) Source: "Too Much Caffeine? Coffee Shops Face a Shakeout", Wall Street Journal (12/18/17) http://www.scuttlebuttinvestor.com/blog/2017/7/15/castle-protectors-and-kingdom-builders monthly 0.5 2017-07-28 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1500136798780-BZEHFO0I2VWUQHL4OHKA/image-asset.jpeg Blog - Castle Protectors and Kingdom Builders - Empire Theory https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1500250209899-DIMK6BQQ0RM6AQT8JRJ6/image-asset.jpeg Blog - Castle Protectors and Kingdom Builders - Empire Theory http://www.scuttlebuttinvestor.com/blog/2017/5/28/a-little-luv-for-the-airlines-2017-berkshire-hathaway-annual-meeting-part-2 monthly 0.5 2017-06-03 http://www.scuttlebuttinvestor.com/blog/2017/5/7/buffetts-man-crush-for-jeff-bezos-and-the-2017-berkshire-annual-meeting monthly 0.5 2017-05-29 http://www.scuttlebuttinvestor.com/blog/2017/2/21/the-fervent-loyalty-of-a-costco-cost-member monthly 0.5 2019-03-22 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487655365940-OEK1ON49H885X2KUMDY6/Costco+Competition.jpg Blog - The Fervent Loyalty of a Costco (COST) Member https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487655786207-RA6RC489FMBS0Z804ZKV/Costco+aisle.jpg Blog - The Fervent Loyalty of a Costco (COST) Member A picture I snapped during a recent visit to Costco. Nothing stocked on shelves. Buy it right off the pallet. https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487656249671-1R27XEKRE9K8OCD0FGBS/CostcoOpInc Blog - The Fervent Loyalty of a Costco (COST) Member https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487656490284-60IUIHW7WR74GSCCTS83/image-asset.png Blog - The Fervent Loyalty of a Costco (COST) Member https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487656685230-UVQ78EQ9GKJTG9GCPE13/image-asset.jpeg Blog - The Fervent Loyalty of a Costco (COST) Member The membership options at Costco. It is a little misleading because both Gold Star and Business memberships can be upgraded to the Executive tier. https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487657028924-JVDOKXB0UBX7PXDS34A1/image-asset.png Blog - The Fervent Loyalty of a Costco (COST) Member https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487657055603-LRUYV3MYO5HOI88O0MQL/image-asset.png Blog - The Fervent Loyalty of a Costco (COST) Member Note: Costco reports Executive membership penetration of 39% because it is a penetration rate of members that are eligible to upgrade to Executive, which excludes Business Add-on members. The 37% represents the percentage of their total member base that is Executive tier. https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487657279592-GD7K43G1Q1PXMGUUMMHB/image-asset.png Blog - The Fervent Loyalty of a Costco (COST) Member https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487657569679-TD7AM33X44H2HH2SMWEM/image-asset.png Blog - The Fervent Loyalty of a Costco (COST) Member https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1500047775015-XRIS825XT5JKHO3L67WC/image-asset.png Blog - The Fervent Loyalty of a Costco (COST) Member https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487744355273-5REUN1SVW64COQPTLFV7/Members.png Blog - The Fervent Loyalty of a Costco (COST) Member https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487744382880-Q3E4V564AAY964DAXC56/image-asset.png Blog - The Fervent Loyalty of a Costco (COST) Member https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487744933567-GPE1GLICX86GE3C7GLWP/image-asset.png Blog - The Fervent Loyalty of a Costco (COST) Member Note: This is calculated slightly differently than Costco's metric of Average Sales per Warehouse but the trendline is generally consistent. https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487745209615-QFNE2PRRLMQ31NEQQMHB/Membership+Rev+per+Paid+member.png Blog - The Fervent Loyalty of a Costco (COST) Member https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1487745282743-HGIFZWEEAAZF0GFNCFIZ/image-asset.png Blog - The Fervent Loyalty of a Costco (COST) Member Note: ROIC not adjusted to capitalize leases given that Costco owns the majority of its real estate http://www.scuttlebuttinvestor.com/blog/2017/2/13/reading-keeping-me-smart-21317 monthly 0.5 2017-02-14 http://www.scuttlebuttinvestor.com/blog/2016/12/10/return-on-capital-and-other-diversions monthly 0.5 2018-09-25 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1481953281406-MBL1F50JQRYPBLOGGUL2/ROIC+graphic.png Blog - A Good Metric is Hard to Find - Return on Capital http://www.scuttlebuttinvestor.com/blog/2016/8/30/untapped-pricing-power-and-the-epipen monthly 0.5 2016-08-31 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1472623847558-FILML5GGKZ427UQ3C347/epipen+price+chart Blog - Untapped Pricing Power and the EpiPen Source: CNN Money http://www.scuttlebuttinvestor.com/blog/2016/5/16/reading-keeping-me-smart-51616 monthly 0.5 2016-05-18 http://www.scuttlebuttinvestor.com/blog/2016/5/12/mental-models-on-my-mind monthly 0.5 2016-05-12 http://www.scuttlebuttinvestor.com/blog/2015/12/5/weekly-reading-12715 monthly 0.5 2015-12-21 http://www.scuttlebuttinvestor.com/blog/2015/11/23/weekly-reading-112315 monthly 0.5 2015-11-30 http://www.scuttlebuttinvestor.com/blog/2015/10/28/the-travails-of-being-a-businessman monthly 0.5 2019-03-22 http://www.scuttlebuttinvestor.com/blog/2015/6/28/a-moat-of-kisses-and-peanut-butter-cups-hershey-hsy monthly 0.5 2019-03-22 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435472095872-A54F3MS1NJG2NLKWXKCX/image-asset.jpeg Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) Yes, I actually spent time making a "moat" out of Hershey products. https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435473872653-PDT68V98GXNP1EKUV9K0/image-asset.jpeg Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) Source: Convergence Alimentaire 2012; Note that this chart was created in 2012 so it is not fully updated for M&A activity since then. Also note that Hershey is not present because it much smaller than the behemoths shown here https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435907218917-ELKTN3YAUHGEMI7VTGUO/image-asset.png Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) Note: Certain adjustments have been made for non-recurring items https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435512511394-IH4PL10MSC13JC6L0NQE/image-asset.jpeg Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) Hershey's iconic brands from a 2012 Investor Update presentation. Note that this does not include more recent acquisitions and new brands like Krave, Brookside and Lancaster. https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435517512168-IA61ACZI1X4MSNUVCQTX/image-asset.png Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) Source: Hershey 2014 10-K https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435907626735-LWNEYVOVX7F2469JD23Z/image-asset.png Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) Source: Hershey Fact Book 2015; Refreshment = Mint + Gum https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435907689474-5RGZOI8L1M883XPQV9VR/image-asset.png Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) Source: Hershey Fact Book 2015; Based on Nielsen data for 52w ending 12/27/14 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435870201888-NUKRN1AJWALG6I4P4RKZ/image-asset.jpeg Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435908067860-0NQLBG5IT5OBVIJHW1EY/Hershey+Market+Share+v2.png Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) Source: Hershey financial statements; Market share of Candy, Mint Gum category based on Nielsen data https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435942883993-8QAG85W3SA675ZWTJF7V/image-asset.png Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) Source: Hershey Fact Book 2015; Common stock dividends https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435943666092-0YDVAXWVLQ1ZPOEOH0UG/image-asset.jpeg Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) Source: Wall Street Journal 1/28/15 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1435986098246-8PNPDO3RO8PGEI50UE47/image-asset.png Blog - A Moat of Kisses and Peanut Butter Cups– Hershey (HSY) Source: CME Group: Dairy Prices - Class III Milk Future prices http://www.scuttlebuttinvestor.com/blog/2015/6/20/weekly-reading-62015-1 monthly 0.5 2015-06-21 http://www.scuttlebuttinvestor.com/blog/2015/6/16/revisiting-cdk-global-cdk monthly 0.5 2019-03-22 http://www.scuttlebuttinvestor.com/blog/2015/6/9/weekly-reading-6915 monthly 0.5 2015-06-09 http://www.scuttlebuttinvestor.com/blog/2015/4/23/riffing-on-google-goog monthly 0.5 2015-04-26 http://www.scuttlebuttinvestor.com/blog/2014/9/24/i-love-when-companies-miss-earnings monthly 0.5 2015-03-07 http://www.scuttlebuttinvestor.com/blog/2015/2/16/test-driving-cdk-global monthly 0.5 2019-03-22 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1424134260820-9KCMDDF16SG22YKW0KRI/CDK+Revenue+Breakdown.png Blog - Test Driving CDK Global Source: CDK Amended Form 10 (Filed 9/18/14) https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1424116577947-R9UNHWKT7DWBMS5K3K95/image-asset.png Blog - Test Driving CDK Global Source: CDK Roadshow Presentation https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1424116836121-IWNZW1Q2HBCZ7DVIG0LV/image-asset.png Blog - Test Driving CDK Global Source: CDK Roadshow Presentation https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1424117292314-9LNPZ5EOQ5416V0K85T0/image-asset.png Blog - Test Driving CDK Global Source: CDK Roadshow Presentation https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1424144808257-IW0OHOFATUUDFKC07X0X/CDK+Revenue+v5.png Blog - Test Driving CDK Global Source: Data from CDK Amended Form 10 (Filed 9/18/14) https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1424136508638-HHU7FVVVRWN9BX3O79D7/image-asset.png Blog - Test Driving CDK Global Source: Scuttlebutt Investor Research and Analysis https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1424142944349-SMZL0C5Z3O8NF6BVLXVD/image-asset.png Blog - Test Driving CDK Global Source: National Automobile Dealers Association data, NADA.org https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1424137162740-H104ZLKTH59KFJ7NAFUF/image-asset.png Blog - Test Driving CDK Global Source: National Automobile Dealers Association data, NADA.org https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1424143041810-EK1SS4VZTLAW4BYL6E0J/image-asset.png Blog - Test Driving CDK Global Source: National Automobile Dealers Association data, NADA.org https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1424143073880-WUSUHRI1MQVHJV7BM46S/image-asset.png Blog - Test Driving CDK Global Source: National Automobile Dealers Association data, NADA.org http://www.scuttlebuttinvestor.com/blog/2015/2/14/dont-fall-in-lovev2 monthly 0.5 2015-02-14 http://www.scuttlebuttinvestor.com/blog/2015/1/4/weekly-watching-1414 monthly 0.5 2015-01-05 http://www.scuttlebuttinvestor.com/blog/2014/11/29/weekend-reading-112914 monthly 0.5 2014-12-02 http://www.scuttlebuttinvestor.com/blog/2014/10/25/weekend-reading-102614 monthly 0.5 2014-10-27 http://www.scuttlebuttinvestor.com/blog/2014/9/24/unlocking-value-with-spinoffs monthly 0.5 2019-03-22 http://www.scuttlebuttinvestor.com/blog/2014/9/29/weekend-reading-10214 monthly 0.5 2014-10-05 http://www.scuttlebuttinvestor.com/blog/2014/10/1/scuttlebutt-mailbag-1 monthly 0.5 2014-10-02 http://www.scuttlebuttinvestor.com/blog/2014/9/23/weekend-reading-92514 monthly 0.5 2014-09-26 http://www.scuttlebuttinvestor.com/blog/2014/9/15/articles-keeping-me-up-at-night monthly 0.5 2014-09-19 http://www.scuttlebuttinvestor.com/blog/2014/9/6/the-toll-booth-businesses-of-visa-and-mastercard monthly 0.5 2019-03-22 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1410053001425-SQ6TXDOAJBWMP14L3XS9/image-asset.png Blog - The Toll Booth Businesses of Visa and MasterCard Source: Visa 10-K https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1410052788666-FMSMXSE93YF03L3ST51G/image-asset.png Blog - The Toll Booth Businesses of Visa and MasterCard Source: MasterCard 10-K https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1410717843361-KQQ4ESB2CB8UPQXX5WJW/image-asset.jpeg Blog - The Toll Booth Businesses of Visa and MasterCard Source: Visa 10-Ks and my financial analysis for projected numbers. Pro Forma 2007 represents a combined statement as if Visa were operating as an combined independent company. https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1410717866104-K250AAYH4Y9OQLOK2XNB/image-asset.jpeg Blog - The Toll Booth Businesses of Visa and MasterCard Source: MasterCard 10-Ks and my financial analysis for projected numbers https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1410717903484-TGJBGI6IVVTBXAST7U61/image-asset.jpeg Blog - The Toll Booth Businesses of Visa and MasterCard (1) Adjusted Operating Margin excludes litigation expenses; While it could be argued that these may be ongoing for the company, they are considered one-time for these purposes Source: Visa and MasterCard 10Ks and my analysis for projections https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1410634189871-K9Z11JVU8L23YAZBCA38/image-asset.jpeg Blog - The Toll Booth Businesses of Visa and MasterCard Source: Fortune Magazine and The Nilson Report http://www.scuttlebuttinvestor.com/blog/tag/Disney monthly 0.5 http://www.scuttlebuttinvestor.com/blog/tag/Video+Game+Industry monthly 0.5 http://www.scuttlebuttinvestor.com/blog/tag/Microsoft monthly 0.5 http://www.scuttlebuttinvestor.com/blog/tag/Weekly+Reading monthly 0.5 http://www.scuttlebuttinvestor.com/blog/tag/Amazon monthly 0.5 http://www.scuttlebuttinvestor.com/reading daily 0.75 2014-02-24 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1393219338944-LEITPDTUJ6D4PIQ81ART/stock+market+genius.jpg Reading - You Can Be a Stock Market Genius by Joel Greenblatt While the title makes it seem like it is a book about "Get Rich Quick scheme,s Greenblatt has an amazing track record and provides some great advice, especially on spin-offs and special situations. https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1393219338944-LEITPDTUJ6D4PIQ81ART/stock+market+genius.jpg Reading - You Can Be a Stock Market Genius by Joel Greenblatt While the title makes it seem like it is a book about "Get Rich Quick scheme,s Greenblatt has an amazing track record and provides some great advice, especially on spin-offs and special situations. https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1393214166808-06P0WSRJ65Q894XW6I0O/Common+Stocks+and+Uncommon+Profits.jpg Reading http://www.scuttlebuttinvestor.com/lookbook daily 0.75 2025-05-08 https://images.squarespace-cdn.com/content/v1/4fdf4e8324ac3e3273c23a5b/1355246452523-QR2FKCIHWSB4Q1DZT6ZR/5670.jpeg Lookbook https://images.squarespace-cdn.com/content/v1/4fdf4e8324ac3e3273c23a5b/1355246452523-QR2FKCIHWSB4Q1DZT6ZR/5670.jpeg Lookbook Credits: Images in this gallery belong to Jak & Jil. https://images.squarespace-cdn.com/content/v1/4fdf4e8324ac3e3273c23a5b/1355246885666-SXADR11ZHRFTV1WXSWIB/5763.jpeg Lookbook https://images.squarespace-cdn.com/content/v1/4fdf4e8324ac3e3273c23a5b/1355246876234-PJSITHFQY8KEPR3Z0BKC/5777.jpeg Lookbook https://images.squarespace-cdn.com/content/v1/4fdf4e8324ac3e3273c23a5b/1355246847870-UV6J4B0XFR5PXT0OL7UR/5796.jpeg Lookbook https://images.squarespace-cdn.com/content/v1/4fdf4e8324ac3e3273c23a5b/1355246451476-L9GJGLDOUNQXOCDUEECC/5722.jpeg Lookbook https://images.squarespace-cdn.com/content/v1/4fdf4e8324ac3e3273c23a5b/1355246880375-PW2JRZ3PK3XYZ6OFCN54/5785.jpeg Lookbook https://images.squarespace-cdn.com/content/v1/4fdf4e8324ac3e3273c23a5b/1355246450278-ZDYSNU1MNTV1DK6HC8QP/5719.jpeg Lookbook https://images.squarespace-cdn.com/content/v1/4fdf4e8324ac3e3273c23a5b/1355246451512-A3DD90N8V6OPVH2BMSBE/5716.jpeg Lookbook http://www.scuttlebuttinvestor.com/new-folder daily 0.75 2025-05-08 http://www.scuttlebuttinvestor.com/article-index daily 0.75 2024-02-04 http://www.scuttlebuttinvestor.com/about daily 0.75 2016-03-22 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1393221143172-W0XP0EU3W5GONC4Q5KEA/DSC_0831.JPG About Mendocino, CA - Me deep in thought absorbing the prose of the legendary investor, Phil Fisher. http://www.scuttlebuttinvestor.com/investingphilosophy daily 0.75 2021-01-22 http://www.scuttlebuttinvestor.com/subscribe daily 0.75 2023-05-21 http://www.scuttlebuttinvestor.com/contact daily 0.75 2015-07-05 http://www.scuttlebuttinvestor.com/recommended-list daily 0.75 2024-02-04 https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1393731438085-RYW5UBE21Y6F5UEAMERL/Five+Rules.jpg Reading List https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1394296882494-4OOVME0VAIQBVNH2G1CS/little+book+of+valuation+3.jpg Reading List https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1483314669133-Z5MY2FVZFE7PXGR2MVLE/image-asset.jpeg Reading List https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1393731460165-PFNY1WTP6ZHRT9CAJP69/stock+market+genius.jpg Reading List https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1393732498515-8JKDNFMLGJOP1ZTI5XQA/The+essays+of+warren+buffett+v3.jpg Reading List https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1393731686212-0WTJZSRISWP2GH8TIO9D/Common+Stocks+and+Uncommon+Profits.jpg Reading List https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1393731967569-WYYFDNAZ471OHMFMMCTK/Intelligent+investor+v3.jpg Reading List https://images.squarespace-cdn.com/content/v1/5309a1aee4b0695e51427115/1403624132721-UW74D3J3I89AO7FWCMEU/image-asset.jpeg Reading List