value investing
Introduction
I am not always a contrarian, but an opposite view from the crowd often gives an investor a safer perspective. Thus the lackluster performance of the US stock market in the first half of January is a prod to… READ MORE ›
Today’s most shared: Every currency can’t be weak… Wall Street’s chat rooms a hive of villainy? … German hard-money faction displeased with ECB rate cut… When you’re cryin’ you should be buyin’ – the investors… READ MORE ›
In the spirit of last week’s feature, which asked a few of our contributors to speak about things that they believe to READ MORE ›
Value investing is about finding and buying a bargain, a dollar selling for 70 cents or less. One of the most tantalizing apparent bargains offered by the stock market is the negative enterprise value (EV) stock: a stock that… READ MORE ›
Financial statement analysis and security valuation are a big part of our training as CFA charterholders; for many of us, they are the most important part. We pride ourselves on the thoroughness, sophistication, and level of detail of our… READ MORE ›
In the previous post about Bestinver Asset Management’s annual meeting this year, I spoke about its origins, investment style, and efforts to educate its clients so… READ MORE ›
Bestinver’s chief investment officer, Francisco García Paramés (labeled the European Warren Buffett), has become an icon for the Spanish investment and business community. Even though he is not yet a household name in Spain, as Buffett is in the United States, the financial media pay special attention to what he has to say. Bestinver’s flagship fund, Bestinfond, has yielded a 16.1% annualized return since its inception.
As investors, one of the things that we hear consistently is that it’s important to “Invest like an Owner.” This is especially true to value investors, who will sometimes own companies for years. Warren Buffett has famously said that… READ MORE ›
The legendary Berkshire Hathaway is scheduled to release earnings on the first of May, so we caught up with an investor who has followed the Omaha-based company and its founder Warren Buffett for years. The subject of our conversation:… READ MORE ›
I wouldn’t be too negative about Europe. I think a lot of the issues result from Europe dealing with its problems now — by restructuring the weaker economies and getting state budgets on a sustainable level — rather than deferring them. Second, as I mentioned, European companies aren’t entirely dependent on European consumers because many companies are global.