This is a ChatGPT-free Zone
Buffett was on CNBC the other day and it was very interesting as usual. Well, most of what he says is not new. Not in Bubble Territory Anyway, he was asked about the stock market and since so many people keep saying that the stock market is overvalued or that it’s in a bubble, I…
Whenever I read about Buffett and other great managers, what I tend to see all the time are things like, “xx has beaten the market y out of z years; the odds of that happening are 1 in 5,000!” or some such thing. Not too long ago, there was an article about managers with outstanding…
I have watched and listened to John Bogle for years and always thought he was great, but I never read any of his books. I understand his message and agree with him for the most part. But the other day while I was browsing the library, I came across this book and just grabbed it…
So, the market has been going crazy after the election and people keep talking about how ‘overbought’ the market is. Well, the market certainly has gone up a lot in a short time. But is this important or relevant? Back in my technical days when I was doing a lot of research on technical indicators,…
So bonds are ‘crashing’ and stocks are going up. Some say that this can’t continue; you can’t have stocks and bonds go in opposite directions for long before something snaps. Well, this is true to some extent. But it sort of depends on which way the ‘snap’ is happening. What if bonds were way overvalued…
So, continuing with the theme of active investing, I decided to take a look at Pzena Investment Management again. I’ve been watching it for a while and have posted about it in the past, but the stars are lining up more now than before. I think the sentiment against active investing is at sort of…
In his book, You Can Be a Stock Market Genius, Greenblatt talks about using LEAPs to make leveraged bets. The book included his trade in Wells Fargo (WFC, another topic for a future post, I suppose). But sometimes, stocks get down so cheap that they become priced like options. In the Genius book, the WFC LEAPs…
Joel Greenblatt was in Barron’s recently. He is one of my favorite investors so maybe it’s a good time for another post. Anyway, this new fund is kind of interesting as I am sort of a tinkerer; this is like the product of some financial tinkering. I don’t know if it’s the right product for…
So here’s another name that we like to follow around here. Loews Corp is a respected (not by all, I know… there are people who think L needs a big shakeup) value investor and has a good long term track record. Recently, things haven’t looked too good, but it’s still worth tracking what they are…
So, for fun, I wrote a script that grabs manager holdings and compares the portfolio since the last time a 13F was filed. This is available at places like dataroma.com but I wanted to be able to check out my own institutions that may not be superinvestors. When I wanted to diff the 13F files, I…