In this article, I will briefly present the Piotroski F-Score and show the output from screening the Russell 3000. Joseph Piotroski received a B.S. in accounting from my alma mater, the University of Illinois in 1989. He worked as a senior tax associate at the firm Coopers & Lybrand before receiving an MBA from Indiana University in 1994, and a Ph.D. in accounting from … [Read more...]
Archives for January 2015
Greece: What’s a Hellenic Republic to Do?
Sovereign and corporate balance sheet advisors are normally somewhat between discreet and secretive, partly so as not to draw too much attention to a client that may be struggling, but also because they don’t perceive it as appropriate to provide personal opinions about topics such as debt relief or to hog the limelight, in contrast with the proverbial corporate finance … [Read more...]
Newsletter – December 2014
“You listen good to I, because it's either education or elimination!” - Big Mama (Pearl Bailey), from the Fox and the Hound (1981) 2014 was another great year for the FatAlpha portfolio as it rose 30% vs 11% for the S&P 500. December closed up 0.86% while the market had a horrible New Year’s Eve resulting in a down month for the S&P at -0.42%. FatAlpha did it … [Read more...]
What Works On Wall Street
I’ve decided to begin this new ‘Review’ section with a review of the book that inspired me and was the trigger or turning point to begin forming my strategy. This book is non-other than “What Works on Wall Street” by James O’Shaughnessy. If you have any doubt that value investing doesn't work then I guarantee you that this book will change your mind. The beauty of the book … [Read more...]
