This Week’s Best Investing Reads 8/2/2019

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Here’s a list of this week’s best investing reads: Elizabeth Warren’s Banking Sector Napalm (The Reformed Broker) You May Have Longer Than You Think to Invest For Retirement (A Wealth of Common Sense) Don’t Neglect the Forgotten (csinvesting) Value Investing During Seasons of Growth (Forbes) Howard Marks Memo – On The Other … Read More

The Graham Two Factor Model Still Provides Great Returns Today

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https://www.youtube.com/watch?v=gJoyXVvvbdc?start=2178 During his recent interview with Tobias, Tim Melvin, who is a 31 year veteran of the financial services industry, discusses how the Graham Two Factor Model still provides great returns today. Here’s an excerpt from the interview: Tobias Carlisle: Right. Got it. Talk to us about the Graham two … Read More

The Best Returns Can Be Found In Small Illiquid Value Stocks

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https://www.youtube.com/watch?v=gJoyXVvvbdc?start=1786 During his recent interview with Tobias, Tim Melvin, who is a 31 year veteran of the financial services industry, discusses how the best returns can be found in small illiquid stocks. Here’s an excerpt from the interview: Tobias Carlisle: A lot of the positions we’ve been discussing so far … Read More

Michael Burry: How To Make 7x Plus On Your Investment

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Here’s a great excerpt from Michael Burry’s Scion Capital 2001 Shareholder Letter in which he illustrates how investors can make 7x plus on their investment by valuing the entire business, not just the stock price: An Illustrative Situation The repercussions of the late 1990’s asset bubble continued to resonate through … Read More

There’s Two Places In The Market Where Book Value Is Still The Best Metric For Valuation

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https://www.youtube.com/watch?v=gJoyXVvvbdc?start=1161 During his recent interview with Tobias, Tim Melvin, who is a 31 year veteran of the financial services industry, discusses the two places in the market where book value is still the best metric. Here’s an excerpt from the interview: Tobias Carlisle: That’s spoken like a true deep value investor. … Read More

This Week’s Best Investing Reads 7/26/2019

Johnny HopkinsValue Investing NewsLeave a Comment

Here’s a list of this week’s best investing reads: The Optimal Portfolio (A Wealth of Common Sense) Pershing Square up 45% in the first half of 2019 as Bill Ackman win streak continues (CNBC) Financial Twitter Loses a Source of Humility and Wisdom, but Good Voices Remain (Jason Zweig) Playing the Odds (csinvesting) … Read More

Steven Romick – Top 10 Holdings Q1 2019

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One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More

Walter Schloss: It’s An Irrational World, So You Can’t Always Do Things Logically

Johnny HopkinsValue Investing, Walter J. SchlossLeave a Comment

Here’s an excerpt from a 1989 article featuring Walter Schloss titled – Searching for Value. In the article Schloss provides some great insights into the difficulty of investing logically in an irrational world: A value-minded investor. Schloss views his business as rational—finding securities that are objectively undervalued compared to their … Read More

Investors Can Bundle Multiple Trend Strategies To Smooth Out Returns And Reduce Volatility

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https://www.youtube.com/watch?v=pEX-UlEfEBU?start=3272 In his recent interview with Tobias, Adam Butler, CIO of ReSolve Asset Management discusses how investors can bundle multiple trend strategies to smooth out earnings and reduce volatility over time. Here’s an excerpt from the interview: Tobias Carlisle: So then how do you then work out how much you … Read More

Warren Buffett: How Investors Lose Millions – If It [The Stock Price] Ever Gets Back There, I’ll Buy It!

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Here’s a great excerpt from a CNBC interview with features Warren Buffett, Bill Gates, and Charlie Munger. During the interview Buffett illustrates how investors miss out on great opportunities because they stay anchored on a stock’s previously lower price, instead of focusing on the current price, which may still represent … Read More

Why Do Investors, That Are Given Proven Strategies That Work, Still Underperform

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https://www.youtube.com/watch?v=pEX-UlEfEBU?start=1452 In his recent interview with Tobias, Adam Butler, CIO of ReSolve Asset Management discusses why investors that are given proven strategies that work, still underperform. Here’s an excerpt from the interview: Adam Butler: Absolutely. And I just love the story of … Oh, what was his name? Greenblatt, right? … Read More