The Journey to Increasing Investment Acumen & Book Recommendations (PART 3)
August 17th, 2010 at 10:56 am by CB | No CommentsSelected Book Recommendations A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Revised and Updated) by Burton G. Malkiel If the reader is very new to investing, then this is a great book. This book not only introduces the reader to investment lingo, but also surveys... [Read more]
Tagged with: Book Recommendations, Fundamental, Investing acumen, Learning Investing, Technical, Warren Buffett
The Journey to Increasing Investment Acumen & Book Recommendations (Part 2)
August 13th, 2010 at 11:50 am by CB | No CommentsFundamental Analysis and Technical Analysis In brief, the two primary strategies used when selecting stocks are fundamental analysis and technical analysis. Fundamental analysis examines a company’s operations, competition, financial statement results, strategy, future growth, and management (all... [Read more]
Tagged with: Book Recommendations, Fundamental, Investing acumen, Learning Investing, Technical, Warren Buffett
The Journey to Increasing Investment Acumen & Book Recommendations (Part 1)
August 12th, 2010 at 10:41 am by CB | No CommentsMany readers have expressed interest in learning more about equity (or stock) investing over the last few months and have asked for book recommendations that will allow them to build a strong foundation in the subject. Initially, one would believe such a request to be simple to fulfill. Yet, upon... [Read more]
Tagged with: Book Recommendations, Fundamental, Investing acumen, Learning Investing, Technical, Warren Buffett
Using the Excess Cash Margin as an Early Warning Indicator
July 14th, 2010 at 6:50 am by CB | No CommentsConsidering that a significant portion of our methodology at Chain Bridge Investing is focused on fundamental analysis, it should be no surprise that part of our evaluation process depends on the use of various metrics to develop a more complete evaluation of a company’s financial statements. Such... [Read more]
Tagged with: Accounting, Cash Flow, Excess Cash Margin
Market Lessons and an Evolution from a Long-Only Portfolio Strategy
June 27th, 2010 at 3:20 am by CB | No CommentsCompare that to making a single bet on the NYSE Composite Index. On average, for each year that you keep your money invested, you’ll make 8 – 10%. Why then do folks engage in practice of shorting stocks? They’ve effectively placed a bet where, right off the bat, the odds are... [Read more]
Tagged with: General Market Sentiment, Investment Strategy, Long, Short
The Value Investors’ Reliance on “This Too Shall Pass”
June 22nd, 2010 at 4:59 am by CB | No CommentsOne phrase that nearly every value investor and contrarian has encountered, or even used, in his/her career is, “this too shall pass.” While the origin of the phrase is not clear, its meaning is simple: the current situation/event is temporary. Recently, this phrase has re-emerged with... [Read more]
Tagged with: Contrarian, Investment Process, Investment Strategy, Survivorship Bias, This too shall pass, Value Investing
Investors’ Mentalities and Investment Decisions
April 29th, 2010 at 6:00 am by CB | No CommentsEveryday investors have the opportunity to invest in thousands of publicly-held companies. For most of these companies, the investor can craft a future success story that justifies the purchasing of a stake in a particular company – regardless of the price. The investor’s analysis of... [Read more]
Tagged with: Investing Strategy, Investors, Mentalities, Portfolio Construction
Value Investing: Bruce Greenwald Interview with the Financial Times
October 20th, 2009 at 12:39 am by CB | No CommentsJohn Authers, the FT investment editor, did a two part interview with Bruce Greenwald of Columbia Business School and First Eagle Funds regarding value investing and the current market environment. Greenwald is very well known within the value investment community and has written a great book detailing... [Read more]
Tagged with: Bruce Greenwald, Diversification, Financial Times, John Authers, Margin of Safety, Security Analysis, Uncertainty, Warren Buffett
