Warren Buffett is one of the richest men in the world and considered one of the greatest investors of all time. A student of Benjamin Graham, he has evolved his approach over time and has maintained a track record that is the envy of almost all portfolio managers. … [Read more...]
Applied Equity Analysis and Portfolio Management
Professor Weigand's Applied Equity Analysis and Portfolio Management truly does a service to investors with this excellent book. He gets straight to the point in each chapter without the filler most other books have. The reader can easily follow along by downloaded the free spreadsheets from Wiley's website and can also watch over 7 hours of videos. There are videos and … [Read more...]
Newsletter – March 2016
Are the bears ready to surrender? One month bounce does not make a bull market. Let’s keep it simple. The market has gone nowhere for the past 1.5 years and essentially has been trading in a range from October 2014 until today. Earning season is beginning and it is estimated that earnings will drop for the fourth quarter in a row! Even if we exclude energy, earnings are … [Read more...]
Collection of Timeless Must-Read Research
This is a collection of timeless pieces, a treasure, that I believe are a must read for anyone who wants to advance their knowledge of the markets. Priceless Papers Value Investing: The Use of Historical Financial Statements to Separate Winners from Losers - academic paper by professor Joseph Piotroski which shows that by combining a 9-factor binary model to filter the low … [Read more...]
John Neff on Investing
The books reads more like a biography rather than an investment guide. Through the writings you discover that Neff's success was due to three factors: 1) value investing strategy, 2) extremely detailed analysis, and 3) a commitment to sticking to his strategy through the thick and thin. This last factor should not be taken lightly. One of the primary problems fund managers have … [Read more...]
The Little Book That Still Beats The Market
This best seller attributes its success to its very gifted writer. The book is both fun and easy to read. It bases its investment strategy on combining two statistics: earnings yield and return on capital. To his credit the author does say that if readers combine this method with solid fundamental analysis they will achieve superior returns. I believe this to be true and … [Read more...]
One Up on Wall Street by Peter Lynch
I first read this when I was in university in 1998 and I ended up on my summer internship quoting Lynch to brokers and analysts whether they liked it or not. Common sense, excellent advise, and detailed insight into Lynch's methodology. There is a lot of information, that despite the years is still useful today. You won't regret reading this gem! … [Read more...]
