(Image Credit, wsj.com) Leon Cooperman CFA, is another one of my favorite value investors. In 1967 he started with Goldman Sachs. He held a number of key positions in the firm, he was founder, Chairman and Chief Executive Officer of Goldman’s Asset Management division. For nine consecutive years while at Goldman Sachs, Cooperman was voted … Read More
The Superinvestors of Graham-and-Doddsville – (Freshly Transcribed 2016) – Part 2
This is Part 2 of The Superinvestors of Graham-and-Doddsville – (Freshly Transcribed 2016). If you missed Part 1, you can find it here, The Superinvestors of Graham-and-Doddsville – (Freshly Transcribed 2016) – Part 1.
The Superinvestors of Graham-and-Doddsville – (Freshly Transcribed 2016) – Part 1
“The Superinvestors of Graham-and-Doddsville” is an article by Warren Buffett promoting value investing, published in the Fall, 1984 issue of Hermes, Columbia Business School magazine. It was based on a speech given on May 17, 1984, at the Columbia University School of Business in honor of the 50th anniversary of … Read More
How to find undervalued businesses, and why you should ignore management – Robert Bruce
(Image Credit, management-ideas.com) One of the best value investor’s on the planet is Robert Bruce. Bruce graduated from Columbia Business School in 1970 and went to work on Wall Street as a securities analyst. Then he read about Walter Schloss in Forbes Magazine and it changed his life. He now runs … Read More
What’s most often forgotten about one of the greatest Superinvestors – Charles Munger
(Image Credit, dealbook.nytimes.com) If you’re a value investing nut like me you’ll have read everything you can on Charles Munger, Warren Buffett, Rick Guerin, Tom Knapp, Ed Anderson, Stan Perlmeter, Bill Ruane and Walter Schloss. The so called “Superinvestors of Graham & Doddsville”. But, we often forget that these investing megastars had ordinary … Read More
10 Top Value Investing Tweeters & Their Top Tweet (All Time)
(Image Credit, kotaku.com) Last week I compiled a list called (50 of the Best Value Investing Resources (plus a few more). It seemed to be quite popular with readers so today I’ve compiled a list of what I consider to be 10 of the Top Value Investing Tweeters and their top … Read More
How to Value a Company and, Everyone Should go Shark Fishing [metaphor] – Mario Gabelli
(Image Credit, wsj.com) If you follow this blog regularly, you’ll know that I’m a big fan of The Columbia Business School and their student newsletters. These newsletters are an awesome resource for value investors. Every newsletter contains a number of interviews with some of the smartest value investors on the planet. … Read More
Benjamin Graham and Security Analysis: A Reminiscence – Walter J. Schloss
One of my favorite investment classics is Walter Schloss reminiscing about Benjamin Graham and Security Analysis. It’s a timeless piece from one of the world’s greatest super-investors. Let’s take a look…
How to Succeed in Investing, and Why You Shouldn’t Listen to Analysts – James Chanos
I recently read an interview with James Chanos, which was conducted by The Heilbrunn Center for Graham & Dodd Investing, in the Spring of 2012. James Chanos is the founder and Managing Partner of Kynikos Associates, a firm he founded in 1985. Throughout his career, Chanos has identified and sold short the … Read More
How do we hand-pick the 90 best Deep Value Stocks for our Screens
(Image Credit, www.123rf.com) One question we always get asked is, how to we hand-pick the 90 best Deep Value Stocks for our screens? Hand-picking the 90 best Deep Value opportunities from 1000’s of stocks is like trying to find a needle in a haystack but, we know that historically once they’re found, … Read More
50 of the Best Value Investing Resources (plus a few more)
(Image Credit, whytoread.com) People always ask me, what are my favorite investing resources. Things like articles, videos, bloggers, books etc. So today I’ve put together a list of 50+ investing resources that I’ve found very useful on my investing journey. It’s by no means complete but, it will give you a … Read More
The Psychology of Human Misjudgment – Charlie Munger (Audio & Transcript)
(Image Credit, danshipper.com) Here’s the timeless speech by Charlie Munger, given to an audience at Harvard University back in 1995. The speech is titled, “The Psychology of Human Misjudgment”. I never get tired of listening to this classic orator.
There are three central elements to a value-investment philosophy – Part 1 – Seth Klarman
(Image Credit, advisoranalyst.com) One of the best books on investing is Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor, by Seth Klarman. According to Forbes: Investing legend Seth Klarman runs Boston-based firm Baupost. With $27 billion under management, Baupost is one of the largest hedge funds. It posted small … Read More
Lame and boring value stocks outperform ‘glamour’ stocks – Patrick O’Shaughnessy
Another one of my favorite bloggers is Patrick O’Shaughnessy. Patrick is a CFA and portfolio manager at O’Shaughnessy Asset Management. He also has an awesome blog called The Investors Field Guide which is a must read for all investors. Last year he did an excellent piece on the comparative performance between value stocks … Read More
Does the current climate make markets vulnerable to a black swan event? – The Royce Funds
(Image Credit, www.mirror.co.uk) This month The Royce Funds Portfolio Manager, Charlie Dreifus discussed how the current climate of slow growth, high valuations, and interventionist monetary policy makes the markets potentially vulnerable to black swan events. Charlie Dreifus manages the firm’s Special Equity mutual funds that attempt to combine classic value … Read More
Dividends are making you poorer – Meb Faber
One of my favorite bloggers is Meb Faber. Meb has an awesome blog at mebfaber.com. Back in May this year Meb released the results of his study into dividend stocks. He wanted to research the ‘real’ returns of a dividend strategy when we consider tax. “Dividends are taxed every year … Read More
Being contrarian is not enough, you must be very sure you are right – Philip Fisher
(Image Credit, youtube.com) One of my favorite investment books is of course, Common Stocks and Uncommon Profits and Other Writings, written by investing legend Philip Fisher. Philip Fisher was an investor best known as the author of Common Stocks and Uncommon Profits, a guide to investing that has remained in … Read More
If contrarian strategies do so well, why doesn’t everyone use them? – David Dreman
(Image credit – authors.simonandschuster.co.uk) I was recently re-reading one of my favorite investment books by David Dreman, Contrarian Investment Strategies – The Next Generation. David Dreman is the founder and Chairman of Dreman Value Management. He’s published many scholarly articles and has written four books. Dreman also writes a column for Forbes … Read More
The central principle of investment is to go contrary to the general opinion – Keynes
The year is 1543. Think about that! That’s 473 years ago. For most of us, something from the 1920’s is considered old! There was this guy called, Nicolaus Copernicus, Copernicus contended that the Earth revolved around the sun, rather than the other way around. At the time everyone thought he was … Read More
Contemporary Investing Gurus – Ray Dalio (Video + Research Paper)
(Image Credit: www.forbes.com) Recently I started an investing video series called, Contemporary Investing Gurus. Over the years I’ve spent loads of time reading articles, watching videos and listening to podcasts from some of the best investing minds in the world. Names like Joel Greenblatt, Mohnish Pabrai, Warren Buffett, Charlie Munger, Meb Faber, and Guy Spier, just … Read More