In these posts I list articles and ideas from the most insightful investors I know. Articles & ideas The Reformed Broker exposes the ?Easy Money? Myth. ?What they?re saying now is that ?It's been easy money? over the last five years, and that ?anyone could?ve made profits.? Forgive me, [...]
In these posts I list articles and ideas from the most insightful investors I know. Cisco blamed a quarterly fall in sales on customer concerns because of NSA surveillance ? another example of difficult to foresee impacts on your investments (Financial Times) In Germany bankers are personally liable if [...]
Are you a classic value investor?
Do you get excited the lower the share price of an undervalued good company falls?
Do you love sifting through the 52-week low, lowest PE or highest dividend yield list?
Something I used to do
I'm also a hard-core value investor but this is not something I do any more as I found an even better way to generate market beating returns.
Lead me explain.
Started the worst way possible
If you are a long time reader of my newsletters you will know that I started investing in the worst possible way.
Because of this I made every possible mistake an investor can make.
I started using technical analysis and lost money. I then followed brokers recommendations (traded a lot) but never made any real money until I discovered value investing which I have been studying and practicing over more than the past 20 years.
A new way of looking at value investing
However last year my approach to investing changed substantially.
Neither have I but this is how The Economist described one of the few hedge fund managers worth following. That is if you can find something about him because he keeps such a low profile. I am of course talking about Seth Klarman founder of the Baupost Group which manages [...]
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'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 recently came across an excellent blog post called The Handicap of Experienced Investors by JJ Abodeely in his excellent blog called the Value Restoration Project. The article looks at successful fund managers identified by Fortune magazine in 1989. And with 22 years of real investment performance evaluates the success [...]
Nothing to do with investing but something interesting on demographics, something I follow with a keen interest. According to the current world birth-rate the United Nations has estimated that the 7th billion person on the planet will be born at the end of October 2011. That is 7 000 000 [...]