Dreman was a pinioneer as started publishing his research findings from the late 70s. While a heavier read than Tortoriello, he provides additional proof on the merit of value investing. Personal favourite is the analysis on earnings surprises and the stock reaction on high and low multiple equities. … [Read more...]
Value Investing: Tools and Techniques for Intelligent Investment
An investment classic. The book is a collection of articles by James Montier. It is broken into sections and discusses a range of topics. It starts with an attack on beta, CAPM and DCF before going into value investing. Montier provides evidence and makes a strong case for his beliefs. There is a lot to think about as he goes in depth on his answers. Thought provoking and a … [Read more...]
American Association of Individual Investors
So far this year this section has reviewed a book and a newsletter. To add variety I’ve decided to add a website review this month. The website is the Association of American Investors (www.aaii.com). AAII is probably most known for its Sentiment Survey. AAII polls its over 160,000 members on a weekly basis via e-mail. Members are asked if they are bullish, neutral or … [Read more...]
Value Investor Insight
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...]
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...]
