About once a year I like to check out what paid sources exist out in the market. I google to find some free samples and may also do a trial. With regard to research, I highly recommend Value Line, Morningstar and S&P Outlook. However until recently I had not found even one newsletter that I liked or found provided insight or potential leads. And despite looking at … [Read more...]
Archives for February 2015
O’Shaughnessy’s Value Composite Model
Last month, I did a review of O'Shaughnessy investment classic "What Works on Wall Street". It’s only fitting that this month I present one of O'Shaughnessy’s multi-factor models. This can easy be used as a starting point to find a potential investment. After running the model, an investor can do traditional bottoms-up analysis to pick the best opportunities. Or even apply … [Read more...]
Newsletter – January 2015
“What do you call a stock that's down 90%? ... A stock that was down 80% and then got cut in half. - David Einhorn Over the past month I’ve received some encouraging feedback from readers. Some have told me that they enjoyed receiving this letter, while others thanked me as they copied some of my trades and profited. I’m grateful and in return decided to make a major … [Read more...]
Use O’Shaughnessy’s Screen To Find Value
Summary O'Shaughnessy's book "What Works on Wall Street" backtests single and multi-factor models. Rather than using a single factor (eg. P/E), you can improve performance by using O'Shaughnessy's composite model. This is an efficient way for an investor to generate investment ideas. An investor can overlay an additional model as a further filter such as Piotroski's … [Read more...]
