2015 is turning out to be a difficult year. This is no surprise as it was/is the most likely scenario to play out. Stock have appreciated significantly since the 2009 low while the economy is not as hot as some like to believe. Furthermore, on the international scene problems continue to pile up with Greece being in the current headlines. The portfolio dropped -3.2% vs … [Read more...]
Sir John Templeton
In this post you can find interviews and videos featuring this legendary investor. … [Read more...]
Newsletter – May 2015
During May, the portfolio made a comeback rising 3.11% vs 1.29% for the S&P 500. That puts FatAlpha at 4.6% vs 3.6% for the benchmark for 2015. Large gains were recorded by GTS (on earnings, up 28%), CBI (Einhorn upped his stake, 14%), GME (on earnings, 13%), TRN (bounce from last month, 11%), and ANTM (11%). On earnings, CTB dropped 14%, while KSS and ANF both dropped … [Read more...]
Bill Ackman
Bill Ackman is founder and CEO of Pershing Square Capital. Below you can find interviews and videos featuring him. … [Read more...]
Newsletter – April 2015
Apologies for the delay in sending out this month’s letter. My goals is to always get it out in the first week of the month, however I’ve been extremely busy on a number of items. One of these directly affects you, my readers. This is the revamp of the website. Special thanks to FatAlpha follower Christina for her amazing website design feedback. Check it out at … [Read more...]
Buyer Beware: Your Screen Could Be Working Against You
Summary Use of model/screens can be helpful but have both advantages and disadvantages. Some of the disadvantages are: incorrect data, value traps, falling knives, high concentrations, etc. An important but ignored problem is that of incorrect data. Even Bloomberg gets it wrong! Examples from author's personal experiences highlight the issues investors should keep … [Read more...]
Mohnish Pabrai
Mohnish Pabrai is a value investor who has said that he has copied Warren Buffett's approach and has used it to huge success. In this post you can find interviews and videos featuring him. … [Read more...]
