Bulls Eye Investor

Royal Oil

June 2014

In the mid-19th century, Patty and Mildred J. Hill sang a new song to their kindergarten class in Kentucky. The song was called “Good Morning to All.” It consisted of just four lines. The first two were identical in both lyric and melody; the third featured a minor lyric and melodic shift; and then the fourth and final line reverted back to the form of the first two. As songs go, it was…

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Balm of Gilead

May 2014

It’s not often that an investment once passed up by Warren Buffett offers the kind of promise we look for when constructing the Bull’s Eye portfolio, but this month we’re recommending one such company which we feel is on a trajectory that has likely already made Buffett rather wistful about a decision he made back in 1988 not to invest in the company nor to accept a seat on its board.  

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P.A.T.R.I.O.T. Games

April 2014

The next time you are heating up a can of soup or getting some popcorn ready for movie night with the kids, take a second to thank a gentleman by the name of Percy Lebaron Spencer, without whom you’d be taking a lot longer to accomplish either task. Spencer’s formative years predated the widespread adoption of electricity; but as a curious 16-year-old, the young man from Howland, Maine, heard about a local paper…

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Master and Commander

March 2014

In June of 2011, to great fanfare, two sets of engineers met in the middle of Jiaozhou Bay, which lies almost equidistant between Beijing and Shanghai on China’s eastern seaboard. They had been working their way towards each other for almost five years—one group had started in the port city of Qingdao, the other in the semi-suburban sprawl of Huangdao—and when they met, they bolted together the two sides of what would be—for all…

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No Other Vendor

February 2014

In 1860s America, the oil boom was in full swing. It had begun in Titusville, PA, in the Oil Creek Valley, when a magnificently bearded gentleman by the name of Edwin Laurentine Drake (known to his friends as Colonel Drake) was hired by the Seneca Oil Corporation to investigate suspected oil deposits. (Presumably, the name of the valley itself offered a clue.) Drake struck black gold, whereupon oil wells sprang up across Eastern…

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Credit Score

January 2014

Joseph P. Williams, who was born in Newark, New Jersey, served as an infantry officer in WWII. But when the conflict finally ended, he found himself back in the United States looking for work in a country that was on the verge of perhaps the biggest productivity boom it had ever seen, and that boom meant one thing was needed above just about everything else: credit. So, ever the go-getter, Williams jumped into…

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Crazy? Like A Fox

December 2013

Imagine you’re in your mid-20s. It’s 1952, and your father just passed away. As the eldest surviving male in the family, it’s up to you to take charge of the family news business, the Adelaide News. Though you’ve had experience managing your college newspaper and a brief stint at the Melbourne Herald, you’ve never managed anything nearly as big as the Adelaide News.   Soon after taking the reins, you use what you…

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Upwardly Mobile

November 2013

In 1973, John F. Mitchell and Dr. Martin Cooper of Motorola Corporation introduced a device weighing 2.2 lbs (1 kg) that would very quickly change the world and that today resides in roughly 87% of the world’s pockets or handbags. That device was the first handheld cell phone, and since the day Mitchell & Cooper unveiled it to the world, our lives have been evolving (mostly for the better) by the day.…

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I, Robot

October 2013

Amongst his lesser-known writings, the great French author Voltaire penned the following short sentence in 1739: “Sans … le canard de Vaucanson vous n’auriez rien qui fit ressouvenir de la gloire de la France.” Translated into English, this somewhat hard-to-comprehend collection of words becomes no less difficult to decypher: “Without … the Duck of Vaucanson, you will have nothing to remind you of the glory of France.”

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