Get Better by Reading

Get Better by Reading-2/6/13 Links

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On my Outlook task list is a recurring task that pops up each weekday that says “Get Better by Reading”. One of my objectives each day is to make a point to read something that will help me improve my investment skill. I try to find practical things to read that are focused on specific ideas, investment methods/strategies, general value investing concepts, or profiles of investors I follow. Occasionally I’ll post links that I find valuable enough to share: Lane […]

Ben Graham

Video Tribute to Ben Graham

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I came across a video on Ben Graham over the weekend that was put together by the Heilbrunn Center at Columbia Business School. The Heilbrunn Center website is itself a great source for value investing, and they did a great job with this video. It’s about 15 minutes long and is filled with short interview highlights with heavy hitter investors such as Warren Buffett, Irving Kahn, and Edwin Schloss (Walter Schloss’ son and investment partner) to name a few. The […]

Investment Ideas & Company Research

Couple Thoughts on Wells Fargo (WFC)

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I was reading one of my favorite blogs that I just only recently discovered called Brooklyn Investor. He does a great job at doing thorough analysis on companies, and some of the posts are good case studies to learn from. He had a couple posts last week on Wells Fargo (WFC), which I found interesting. Of course, WFC is one of the top 4 largest banks in the country, and with a market cap just shy of $200 Billion, it’s […]

Investment Philosophy

The Value Portfolios I Track

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The market has been on a tear, similar to the start it got last January in 2012. The problem is that we’re 16% higher than last January, and valuations are stretched, making life difficult for investors who focus on finding bargains. However, I don’t believe the market is extremely overvalued… at least I’m finding some investment ideas in smaller stocks, and there are still enough cheap stocks out there to allocate some, if not all, of your capital. Of course, […]

Investment Ideas & Company Research

Top 25 Compounders that are Cheap; & Some Thoughts on Investment Process

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Investors use all kinds of inputs to make investment decisions. When looking for individual stocks to buy, “bottom up” investors use balance sheet, income statement, and cash flow data to make decisions on whether or not to buy the stock in question. Over the years my investment strategy has shifted to focus more on balance sheet numbers. Probably half of my screens and scans revolve around cheapness relative to assets, and the other half still use multiples of earnings/cash flow/sales, etc… […]

Investment Ideas & Company Research

Jos. A Bank at a 2-year Low & Some Thoughts on Momentum vs Mean Reversion

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I was going through my daily routine of looking through stock lists and scans, and one of the lists I like to watch is the 52 week low list. Buffett and Walter Schloss have both said that they look at this list each and every day, so I thought it would be good to copy that part of their routine. However, I will mention a few warnings to heed if anyone wants to use this list as a watchlist. There […]

General Thoughts

Successful Investing Comes in All Shapes and Sizes

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I’ve been reading through Money Masters of Our Time by John Train. I’m about halfway through the book, which covers 17 great investors with long term performance records including the likes of Buffett, Graham, Soros, Steinhardt, Neff, Robertson, Templeton, Lynch along with a number of others. One of the things I do on a regular basis is read and review books and articles written by or about successful investors such as the ones mentioned above. It’s the best way I […]

Investment Philosophy

Mohnish Pabrai on Patience, Advice from Buffett, and What Ever Happened to Rick Guerin?

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I just came across an interview that the Motley Fool did with Mohnish Pabrai earlier this month. Pabrai is one of my favorite investors to learn from. He is very smart, but he uses simple strategies, simple logic, and common sense ideas, which are main objectives of mine here at Base Hit Investing. Pabrai is well known for being the winning bidder for a charity auction where the winner got to have lunch with Warren Buffett. In this short interview […]

Uncategorized

Simplicity and Efficiency in 2013

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Wanted to write a quick post on some thoughts regarding simplifying my investment routine and becoming more efficient… I took a few weeks off from posting over Christmas and New Years to finalize some goals and business plans for the upcoming year. I’m going to continue writing down ideas on this blog going forward. I’ve always felt writing can improve clarity and understanding, and that is a key objective for this blog: to improve investment results. My hope is to […]

Ben Graham

The Best Work Harder Than Everyone Else

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I was just going through my twitter feed and reading a few blog posts that caught my eye while watching the Dallas Cowboys come back to beat the Steelers in overtime in a crucial matchup of 7-6 teams. I came across this post from one of my favorite bloggers Goeff Gannon and in the post, he discusses a very underrated and rarely talked about character trait of Buffett, Graham and some of the greatest investors in history. The secret is […]