One of the things essential to discovering your own investing strategy is discovering what people have tried before you. In the distant past, pre-web, people read books, because I am old fashioned, I still read them. And surprise, they are still valuable today. I have added a new section to Chroma Investing; A Value Investing […]
Given the downward trend in the market the past couple of weeks, I thought it was appropriate to re-quote some of Warren Buffett’s famous sayings that apply to time like these. We are, after all, value investors. Volatility is our friend, and nothing about this downturn was unexpected except the timing. Our government continues to […]
Everyone should keep some sort of value investing notebook. You don’t need to kill trees and put it in an old fashion three binder like I do, but you do need to keep track of several aspects of your investing endeavor. As individual value investors our time is a precious commodity, we can’t afford to […]
Value Investing is a mind set that guides you in your investing decisions. It does not involve technical analysis or trend following trading. Value Investing is fundamentally about buying a stock because you think the market has made a mistake and is undervaluing a company right now. The following is a simplified version of what […]
The Value Investing Congress is being held in New York on October 17 & 18th. It is a great value investing conference to learn from experienced investors with different approaches some general philosophical and some actionable. My readers are entitled to a $1900 discount if you purchase your pass by July 29th. I am very […]
We all have investing goals, but they can differ in substantial ways depending on when we are investing, how much capital we start with or add to our investments. It is important to determine our investing goals and write them down. O.k. you don’t have to write them down if you don’t want to, but […]
I haven’t posted recommended investing links in a while. But, first I wanted to highlight a couple of links that I have removed. Not because they aren’t worth your time but because the authors have shut down the sites or not updated to the point where it seems shut down. These include Valuehuntr.com (shut down), […]
Monish Pabrai famously discusses the importance of having an investing checklist. While he has been coy about what is on his checklist, proprietary information or some such notion, Jae Jun over at Old School Value has shared his investing checklist with us. You can find his website (highly recommended) and his checklist here. I am […]
the empirical research paper Can Individual Investors Beat the Market? by Coval. Hirshliefer, and Shumway (2005).
Individuals, even small investors, beating the market is what this site is all about. This study points out that previous studies showing that individual investors underperform the market, are misleading. It demonstrated that SOME individual investors can consistently out perform the market and their investing peers.
I am a fan of empirical evidence that supports investing strategies. This sounds like an obvious statement, but many people don’t care, or at least that is how seems if you view their actions. I have previously highlighted evidence that could potentially enhance returns like Low price to book, and help protect against loss like the Altman Z score.keep looking »