What does the French transaction tax mean for you as a personal investor? I just received a note from my broker here in Germany detailing the impact of the French transaction tax on the shares of French publicly traded companies. Implementation date 1 August 2012. The main points are: 1. [...]
I can’t remember exactly how I found his blog but I think I stumbled over it when he wrote about finding attractively priced companies in Italy.
I wanted to interview Nate to find out more about his investment approach and because he can help you if you are a US investor that would like to invest in Europe as he has found a way of investing worldwide from the USA at reasonable brokerage rates.
If you are not US based I you will also find the interview and his blog interesting as his investment ideas are so far removed from what you see or read in the mainstream media.
Make sure you read to the end of the interview as Nate has got an interesting investment idea for you.
In January 2012 the Brandes Institute once again published a very interesting 32 page research paper called "Boomers Behaving Badly: A Better Solution to the “Money Death” Problem" that you will most definitely be interested in because it affects your retirement.
The paper tells you what you have to do to avoid "money death" - the risk that you run out of money during your retirement.
I'm sure you have also spent a great deal of time thinking about what would happen if Greece finally called it a day and leaves the Eurozone. I am sure you have also come up with banking collapse, pension collapse, hyperinflation and even more hardship for the Greek population but [...]
Here is something you will find useful. Last week one of my favourite bloggers Barry Ritholtz wrote a blog post called 5 most useful website and tools I knew most of the things he mentioned but in the comments the readers of this blog came up with a lot of [...]
Since I recommended Linedata to my newsletter subscribers in August 2010 its share price is up 52.7% (58.1% including dividends). Remarkable is that the company is still very undervalued. At the current share price of €14.4 the company is valued as follows: 9.9 times 2011 earnings 8.5 times 2011 free [...]
I'm sure you'll agree that the Internet is a wonderful thing, specifically as an investor.
The amount of information you can find on the company is truly astounding, investment opinions, newspaper and magazine articles as well as in a lot of cases analyst reports.
But does all this information equal knowledge? Do you believe that in order to generate market beating investment performance you need to know more than everybody else?
Less is more
This is what I always thought but to make sure this is right I looked for studies to confirm this. But I could not find any. In fact the studies I found said the exact opposite.
Even worse the studies found that as the amount of information increases it increases confidence rather than accuracy.
If a company in your portfolio issues a profit warning should you sell, buy more or just stay invested?
That is exactly the question I asked myself after experiencing quite a few profit warnings recently. I wondered if there wasn’t a tested rule I could follow that for example says sell immediately after a profit warning is announced and buy the position back in a few months’ time.
I decided to take a look at a research studies on profit warnings to see if there is not a strategy that will make you come out ahead.
I have been an avid reader of Jae Jun’s blog Old School Value since at least 2009.
From a modest start, writing about his own value investing experiences, and companies he was investing in he has built his blog and website into real treasure trove of information you can use.
And best of all it’s nearly all free.
As you will see in the interview below Jae is a Benjamin Graham type of investor, preferring to invest when a company trades at less than net current assets or meets the classic Ben Graham checklist.
And to help you identify this type of companies he has a free screener on his website you can use.
If you have been receiving my newsletter for some time you may have noticed that I am very fond of articles written by Tim Price Director of Investment at PFP Wealth Management in London.
Past articles I have shared with you are:
Printing money - A warning from history
A case for gold
Happy New Fear
Hitting it out of the park
All articles are definitely worth a few minutes of your time.
Tim was recently kind enough to agree to an interview where he talked about his investment philosophy, mistakes and explains how you can invest with a focus on capital preservation.
Here's the interview (emphasis mine).