James Montier – Here’s How Soros Successfully Safeguards Against Making Recurring Mistakes

Johnny HopkinsJames Montier Comments

As investors we all pat ourselves on the back, telling ourselves how smart we are when a stock that we picked outperforms. At the same time we can find dozens of reasons, excluding our own poor judgement, when another stock pick gets hammered. The reason in behavioral investing terms is called self-attribution bias. Self-attribution bias is our habit of attributing … Read More

If You’re Having Trouble Finding Undervalued Stocks Today, Here’s One Reason Why – GMO

Johnny HopkinsJames Montier Comments

GMO recently released a white paper titled The S&P 500: Just Say No, by Matt Kadnar and James Montier. The paper questions the validity of throwing in the towel and simply indexing all of our equity exposure to the S&P 500. Of particular interest to us here at The Acquirer’s Multiple is Montier’s deep value screen, which he has regularly run over time … Read More

James Montier – There Are No Silver Bullets In Investing (Just Old Snake Oil In New Bottles)

Johnny HopkinsJames Montier Comments

According to the Cambridge dictionary a snake oil salesman is: someone who deceives people in order to get money from them: He was dubbed a “modern day snake oil salesman” after he ripped off thousands of internet customers. So why is it that so many investors are continually happy to part with millions of dollars to the latest snake oil … Read More

James Montier – This Is The Time To Sit There And Do A Winnie the Pooh. Here’s Why.

Johnny HopkinsJames Montier Comments

One of the firms we like to watch closely is Boston-based asset manager GMO, and one member of its asset management team, James Montier. Montier recently did an interview with Finanz und Wirtschaft (Finance and Economic) in which he discusses the current over-valuation in U.S. equity markets saying, “Equities are currently the third highest in valuation terms we have ever seen. … Read More

Forget Wall Street! 5 Stages of a Humble Investing Strategy – James Montier

Johnny HopkinsJames Montier, Resources Comments

James Montier is a member of GMO’s Asset Allocation team. Prior to joining GMO in 2009, he was co-head of Global Strategy at Société Générale. Montier is an expert in behavioral investing and the author of several books including: Behavioural Investing: A Practitioner’s Guide to Applying Behavioural Finance Value Investing: Tools and Techniques for Intelligent Investment The Little Book of Behavioural … Read More