Money and Finance
- Links
Total Addressable Market: Methods to Estimate a Company’s Potential Sales - by Michael J. Mauboussin and Dan Callahan [H/T @trengriffin] (LINK) Is Silicon Valley in Another Bubble . . . and What Could Burst It? (LINK) Bill Gross' September...
- The Quality Dimension Of Value Investing - By Robert Novy-marx
Link to: The Quality Dimension of Value Investing Buying high quality assets without paying premium prices is just as much value investing as buying average quality assets at discount prices. Strategies that exploit the quality dimension of value are...
- Dwelling On Quality
In an oped in the FT two years back, Nick Train asks a great question - "what is the right price for quality shares?" That's a deceptively important and potentially difficult problem actually. Its important because of Munger's three laws of investing...
- Neil Woodford Bbc Interview
Neil Woodford does not get covered all that much in the US, but there is a lot to like about his approach. Todd Wenning's excellent Income Investor Manifesto post really gets at the heart of the subtle yet crucial difference in the Income investor...
- High Yield Reads - 5/17/14
Summary of recents posts and pieces of interest, sometimes enduring, to investors: Consuelo Mack interviews Chuck Akre on the importance of compounding. He uses Markel as a case study. More compounding machines: Base Hit Investor mines the intersection...
Money and Finance
GMO whitepaper: Profits for the Long Run: Affirming the Case for Quality
With a wide array of low-risk equity strategies now available, Chuck Joyce and Kimball Mayer, members of GMO’s Quality Investment Team re-state the case for a fundamental approach to low-risk investing. In making the case for Quality Stocks, they argue that a focus on profitability remains the best way to minimize the true risks that equity investors face.
- Links
Total Addressable Market: Methods to Estimate a Company’s Potential Sales - by Michael J. Mauboussin and Dan Callahan [H/T @trengriffin] (LINK) Is Silicon Valley in Another Bubble . . . and What Could Burst It? (LINK) Bill Gross' September...
- The Quality Dimension Of Value Investing - By Robert Novy-marx
Link to: The Quality Dimension of Value Investing Buying high quality assets without paying premium prices is just as much value investing as buying average quality assets at discount prices. Strategies that exploit the quality dimension of value are...
- Dwelling On Quality
In an oped in the FT two years back, Nick Train asks a great question - "what is the right price for quality shares?" That's a deceptively important and potentially difficult problem actually. Its important because of Munger's three laws of investing...
- Neil Woodford Bbc Interview
Neil Woodford does not get covered all that much in the US, but there is a lot to like about his approach. Todd Wenning's excellent Income Investor Manifesto post really gets at the heart of the subtle yet crucial difference in the Income investor...
- High Yield Reads - 5/17/14
Summary of recents posts and pieces of interest, sometimes enduring, to investors: Consuelo Mack interviews Chuck Akre on the importance of compounding. He uses Markel as a case study. More compounding machines: Base Hit Investor mines the intersection...