We usually don’t include quotes from investors, but these do an amazing job at measuring the market’s tone. A high yield portfolio manager at Diamond Hill Capital Management
What Is Value Investing? Value investing is an investment philosophy that consists of buying stocks that are trading for less than their intrinsic value. This simple yet effective
Do you know what the most successful companies in the world, such as Amazon, Facebook, Netflix, and Tesla have in common? They are founder-led companies (i.e., companies where
While increasing regulations on financials have made investment far safer and less volatile, it has also made seeking alpha far more difficult. To earn higher returns on their
Recently, Finbox users have been asking us to add a metric called the Beneish M-Score to help them quickly identify companies that are likely manipulating their earnings reports.
The popular model on Wall Street is an asset light business which utilizes software. At first glance, you might be confused about why an investor would want less
The economy as a whole certainly hasn’t fully recovered from this recession, but some housing stats already have. The housing market came into this recession in fantastic shape
When inflation sets in, savings lose value, which can be devastating if it happens too quickly. Economists like to see a bit of inflation in an economy, since
The U.S. stock market is in a highly unusual state even though there has been little movement in the past couple days. In the AAII individual investor sentiment
It’s human nature to be biased towards constantly reinforcing prior beliefs. That’s why investing is so difficult. Even when you are invested in a company, you need to
Narratives tend to trail the market, meaning people come up with explanations of why the market moved after it happened. Effectively you can justify why any move happened.
We are always looking at valuations because that’s the backbone of investing. With extreme market volatility, the only way to stay sane is to have an understanding of
As we mentioned in a previous article, there was some contention over the unemployment rate. On the one hand, it should have been 3 points higher. On the
The level of speculation from retail traders has reached unreal levels. On Twitter we polled our followers asking if they know someone who just started trading this year
Throughout this recession we have been looking at the high frequency consumer spending data. Typically, it’s not as important because it can meander away from retail sales which
There were 2.509 million jobs created in May which was above the 20.687 million jobs lost in April and dramatically above expectations for 7.725 million in losses. Similarly,
The stock market drives the media narrative. Some argue that the decline in the stock market in March caused governments to take COVID-19 more seriously. Public health shouldn’t
*Last updated on 5 June 2020 Greetings investors, and welcome to the Q1 2020 list of hedge fund letters and reports! Learn from the top investors on Wall
On the one hand, the consumer had deleveraged this past economic cycle. However, many people were still hurting. The bottom 50% which don’t own stocks are mostly struggling.
We rarely mention near term stock action unless it has been extreme. This market is the polar opposite of March. The financial media went from discussing a potential
The stock market is laser focused on the economy recovering as it sees COVID-19 as an issue that is behind us. Investors are also ignoring the now international
True Rags to Riches stories are actually few and far between. We often hear of the biggies; the Jeff Bezos’ story, the Bill Gates story, the Steve Jobs’
