Found the following link on the motely fool board about USG. USG – united states gypsum, is a construction material company, manufacturing wallboards (gypsum boards) and other construction material such as tiles. The performance of this company is highly dependent on the state of the US housing market.

http://www.texashedge.com/THR021507.pdf

I would highly recommend this article to anyone interested in learing how to value and invest in cyclical companies. added note : Warren buffett holds 19% of this company’s equity.

One Comment

  1. RaviAranke says:

    Thanks for the link.
    Very good article indeed. This is the right way to evaluate a cyclical company by looking at normalised earnings.

    BTW, I, too, browse Motley Fool boards.

Leave a Reply