Friday, January 15, 2021Volume 2, Issue 3 “You’re looking for a mispriced gamble. That’s what investing is. And you have to know enough to know whether the gamble is mispriced. That’s value investing.” — Charlie Munger Something of Value by Howard Marks,
Wednesday, November 4, 2020Volume 1, Issue 49 Picking Your Hunting Ground “Basically all investment is value investment in the sense that you’re always trying to get better prospects than you’re paying for. But you can’t look everywhere at once, any more
In The Joys of Compounding, Gautam Baid does an excellent job of taking several steps back from financial analysis and relating how his life story shaped who he is as an investor, how seeking a broad-based education and the “worldly wisdom” that comes from it formed his intellectual foundation, and describing how this has translated into financial independence.
“There is always something to do. You just need to look harder, be creative and a little flexible.” — Irving Kahn One of the interesting aspects of the stock market involves the peculiar attitude many investors have when it comes to reacting
The process that is required to get to know a company is relatively straight forward. Every investor is going to have a slightly different approach, but good investors typically begin with primary source material such as S.E.C. filings, news releases,