Olstein Insights

We read for "heat," looking for subtle phrases or trigger words that, in our experience, may signal a significant change in an industry or company that could unlock or create significant long-term value for shareholders.  READ MORE +

A company that communicates effectively with shareholders and other equity market participants can increase the probability of successful turnaround.  READ MORE +

The activist's goal is to create a catalyst or triggering event that will increase shareholder value and result in stock price appreciation.  READ MORE +

Before making a decision to invest, it is imperative to look for specific financial, competitive and structural characteristics that signal that the problems are temporary.  READ MORE +

Only traders and speculators should be concerned about short-term stock price movements measured in months, days, or hours.  READ MORE +

Comparing depreciation schedules to economic reality is a must for any investor when analyzing financial statements.  READ MORE +

As a result of this emphasis on avoiding short-term volatility, investors have become more focused on short-term price movements.  READ MORE +

It is an investment analyst's job to determine the economic realism of management's assumptions and to eliminate management biases by making the appropriate adjustments to reported earnings data.  READ MORE +

A careful reading of the letter not only focuses on what management chooses to emphasize but also what management chooses to omit or minimize.  READ MORE +