Kim Shannon is a contrarian in more ways than one. She switched from being an anthropology/biology student to the finance field and started working in the investment industry at a time when women were in the minority. She also takes a contrarian approach to investing at her firm, Sionna Investment … Read More
Living Legends Bernstein, Bogle, Brinson, Buffett, LeBaron, Neff, and Templeton
It’s not often that you’ll get a number of the greatest investors on the planet in the same place at the same time. One of the best investing transcripts you will ever read came from a November 2002 conference call, moderated by former AIMR (Association for Investment Management and Research) Chair … Read More
The Best Airline Stock in the U.S. – Alaska Air Group, Inc. (ALK)
Alaska Air Group, Inc. (NYSE:ALK) is currently in talks with the U.S. Justice Department to see if it can reach a deal for approval to buy Virgin America Inc. On April 4, 2016, the company announced plans to acquire Virgin America. If approved by regulators, the merger with Virgin America is expected to … Read More
How Value Investing Works – Whitney Tilson and John Heins (Video)
Whitney Tilson and John Heins co-authored the book, The Art of Value Investing: How the World’s Best Investors Beat the Market. The New Yorks Times reviewed the book as follows, “John Heins and Whitney Tilson, co-founders of the Value Investor Insight newsletter, have done a thorough job of explaining how … Read More
Investing is the Intersection of Economics and Psychology – Seth Klarman (Video)
I can’t get enough of Seth Klarman, one of the best investing minds on the planet. Klarman is a value investing legend who runs The Baupost Group, one of the largest hedge funds in the U.S. He’s also the author of the best selling book, Margin of Safety: Risk-Averse Value Investing Strategies for the … Read More
Strong Balance Sheet & Free Cash Flow Yield | American Public Education, Inc. (NASDAQ:APEI)
One of the best stocks in The All Investable Screener has to be American Public Education, Inc. (NASDAQ:APEI). American Public provides online and on-campus post-secondary education to approximately 93,100 students through two subsidiary institutions. Its subsidiary institutions offer programs designed to prepare individuals for productive contributions to their professions and society, and to … Read More
Investors Underperform Because They Continue To Chase Returns – Joel Greenblatt
Joel Greenblatt is a Columbia University professor and co-founder of Gotham Asset Management. He’s also the author of the value investing best seller, The Little Book That Beats the Market. In his book, Greenblatt explains how investors can outperform the popular market averages by simply and systematically applying a formula that seeks out good … Read More
How Did Keynes Find The Courage To Invest In U.S Stocks Following The Crash – New Research
John Maynard Keynes, was an English economist whose ideas fundamentally changed the theory and practice of modern macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and is widely considered to be one of the most influential economists … Read More
Returns to The Acquirer’s Multiple® Screeners and The Best Value Stocks
[View the story “Week Beginning October 17th, 2016” on Storify]
Uncovering Value Using A Free Cashflow Strategy – Ken Burgess
Ken Burgess is a CFA and Managing Partner at Systematic Financial Management. He serves as lead portfolio manager for their Small Cap Value Free Cash Flow and SMID Cap Value Free Cash Flow portfolios. Systematic Financial Management has over $9 Billion in Assets Under Management. Burgess has a great eye for … Read More
To Be Exceptional You Have To Be Different – Joel Greenblatt with Howard Marks (Video)
For me, this is investing nirvana! Joel Greenblatt, the Managing Partner and Co-CIO of Gotham Asset Management being interviewed by Howard Marks, Chairman of Oaktree Capital Management L.P. Marks spends thirty two minutes interviewing Joel Greenblatt, the creator of the “Magic Formula”, an investing strategy that could be used by average investors to make money in the stock … Read More
The Fundamental Reason Buffett Beats the Market – New Research
Noah Smith at Bloomberg highlights some new research that suggests the possibility that there’s information sitting right there on corporate balance sheets and income statements, free for all the world to see, that aren’t being fully incorporated into market prices and therefore blowing a hole in the efficient market hypothesis (EMH).
How Can Average Investors Make Money In The Stock Market – Peter Lynch (Classic Video)
Peter Lynch is one of the greatest investors of all time. Lynch managed the Fidelity Magellan Fund from 1977 to 1990, during which time the fund’s assets grew from $20 million to $14 billion. More importantly, Lynch reportedly beat the S&P 500 Index benchmark in 11 of those 13 years, … Read More
Lessons From One of Charlie Munger’s Favorite Authors – Robert Cialdini (Podcast)
One of the best resources for investors are podcasts. One of the best investing podcasts on the planet belongs to our friends Preston and Stig at The Investors Podcast. These guys have compiled over 100 podcasts interviewing some of the best investors, authors and CEO’s, including our Founder Tobias Carlisle. Recently the … Read More
How to Find Out of Favor Stocks and Avoid Value Traps – William Martin (Graham & Doddsville)
William Martin is the Chairman and Chief Investment Officer of Raging Capital Management, an investment firm he founded in 2006. Prior to Raging Capital, he co-founded a number of financial information and media companies, including Raging Bull in 1997, Indie Research in 2002, and InsiderScore in 2004. Martin seeks out companies … Read More
Value Investing Works, Here’s Why – Jeffrey Stacey (Video – Ben Graham Centre)
Jeffrey Stacey is the founder of Stacey Muirhead Capital Management Ltd. Stacey has over 30 years of investment industry experience. Stacey utilizes time-tested principles of intelligent value investing. He says, “achieving a superior investment record is a lot harder than most people think and developing investment wisdom comes from both direct … Read More
Short Term Focus Provides Great Opportunities For Value Investors – Tom Gayner
Tom Gayner is another one of my favorite value investors. Gayner is Co-Chief Executive Officer of Markel Corporation. Markel is a holding company for insurance, reinsurance, and investment operations around the world. Headquartered in Richmond, Virginia and founded in 1930. The company has over $3 billion in Assets Under Management. Gayner … Read More
4 Reasons Why Value Might Be Making a Comeback in 2016 – Alliance Global Advisors
Just read a great article by Ben Fischer highlighting four reasons why value might be making a comeback in 2016. Fischer is a CFA and portfolio manager, managing director and CIO of NFJ, an Allianz Global Investors company. He has 50 years of experience in portfolio management, investment analysis and … Read More
Buffett Waiting For The Right Pitch, Cash Piling Up Faster Than He Can Invest It
What a problem to have. So much cash that you can’t invest it, or maybe he’s just waiting for the right pitch! That seems to be the problem for Warren Buffett as pointed out in an article at Bloomberg.
Value Investing; Fish in Markets That Can Make You Look Immensely Stupid! Nick Kirrage (Video)
One of my favorite value investors is Nick Kirrage. Kirrage joined Schroders in 2001, initially working as part of the Pan European research team providing insight and analysis on a broad range of sectors from Transport and Aerospace to Mining and Chemicals. In 2006, he and Kevin Murphy took over … Read More