Equity Field Notes from temporal sources

[DanWebzster]

FCX Q1/18 earnings = 0.46 compared to 0.15 in the year ago Q. It still missed by 0.09

The following is a FCX analysis by one investor's Good Business Portfolio Guidelines:

1. Good businesses increase Divy in 7 out of the last 10 years. FCX fails. It yields only 1%

2. Forward CAGR must exceed Investors annual expenses. FCX 3-yr forward CAGR > 85% FCX is a great investment according to this criteria.

3. Total return must exceed Dow's total return. FCX returned -47.5% for the last 5 years. Dow returned 48.8% for the same period. Fail.

4. S&P CFRA rating must be 3 Stars or better. FCX rates 5 stars with a target of $21. Pass.

5. Qualitatively, investor must be willing to buy the whole company if he could. The issues here for me is whether I would want to own a un-relocatable business in Indonesia, a country run by corrupt filth. Fail.