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Geoff Gannon's Articles

  • Return On Assets Is The Hit By Pitch Of Investing
    Despite all appearances to the contrary, this is a post about investing – not baseball. So, to those of you who love reading about investing but hate reading about baseball: don’t be deterred. It’s worth reading all the way through.

    Return on assets is the hit by pitch of investing. Common sense suggests it isn’t a very important measure. Why would any investor care about return on assets when return on equity and return on capital tell you so much more?

    You don’t have ...
  • An Analysis Of Journal Communications (JRN)
    Journal Communications (JRN) is comprised of seven essentially separate businesses: The Milwaukee Sentinel, Community Newspapers, Television Stations, Radio Stations, Telecommunications, Printing Services, and Direct Marketing. The company’s five reportable segments do not exactly match these seven businesses; however, I believe an investor should analyze JRN on the basis of these seven businesses and their constituent properties, rather than as a single going concern with fi...

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