Category Archives: Investing Process

A model to check earnings manipulation

Posted on August 16, 2010 by Adib Motiwala

Professor Messod Beneish at Indiana University created a mathematical model that uses financial ratios and eight variables to identify whether a company has manipulated its earnings.. In many ways it is similar to the Altman Z score, but optimised to … Continue reading →

Posted in screener, Useful resources | 1 Comment

Using Google Docs To Track Your Watchlist Stocks

Posted on August 15, 2010 by Adib Motiwala

Google Docs has made it very easy to track your portfolio and stocks online. They provide a simple way to retrieve the latest stock price, P/E ratio, Market cap and other attributes. You need a Google account to use this. … Continue reading →

Posted in Portfolio Management | 3 Comments

Option Strategies For The Value Investor – Part I (Writing Put Options)

Posted on August 8, 2010 by Adib Motiwala

In this first post, I present my favorite option strategy – Selling Put Options. Yes, I am talking about options on a value investing website. Please read on and I am sure you will find it interesting. I will follow … Continue reading →

Posted in Option Strategy | 2 Comments

Mohnish Pabrai’s use of checklist in investing

Posted on July 19, 2010 by Adib Motiwala

I have been listening to the Guru Investors lectures and presentations on Columbia’s website.Today, I listened to a talk given by Mohnish Pabrai early this year. He talked about the idea of using a checklist that he runs against each of his new … Continue reading →

Posted in Checklist, Mohnish Pabrai, portfolio sizing | 2 Comments

Use of EBITDA in valuation

Posted on July 18, 2010 by Adib Motiwala

This summer I have taken a Private Equity course at the University of Texas at Dallas as part of my MBA coursework. In this course, the instructor employs case based discussions along with industry speakers. In the first few cases, we … Continue reading →

Posted in Tom Russo, valuation | 4 Comments

Walter Schloss: 16 Golden Rules of Investing

Posted on July 12, 2010 by Adib Motiwala

Walter Schloss is a well regarded value investor. Schloss took courses under Ben Graham and then worked for him in the Graham-Newman Partnership. In 1955, Schloss started his own investment management firm. Schloss averaged 15.3% compound returns over the course of … Continue reading →

Posted in Investing Rules, value investing, Walter Schloss | Comments Off on Walter Schloss: 16 Golden Rules of Investing

Lessons from “The Little Book of Behavioral Investing” by James Montier

Posted on July 7, 2010 by Adib Motiwala

Behavioral finance recognizes that there are psychological reasons for all investor decisions. Most seasoned investors will tell you that finding good companies is only part of the investing discipline. The tougher aspects of investing are controlling your emotions ( greed, fear) … Continue reading →

Posted in Behavioral Finance, Ben Graham, Books, Bruce Berkowitz, DCF, George Soros, James Montier, Sir John Templeton, value investing | 2 Comments

GuruFocus.com : Become a better investor by learning from Guru Invesors.

Posted on July 5, 2010 by Adib Motiwala

“A guru (Sanskrit: ????) is one who is regarded as having great knowledge, wisdom and authority in a certain area, and who uses it to guide others (teacher)” – Wikipedia.com GuruFocus.com is a value investing oriented website that focuses on the stock picks, portfolios and … Continue reading →

Posted in DCF, screener, Useful resources, value investing | Comments Off on GuruFocus.com : Become a better investor by learning from Guru Invesors.

Old School Value – Best Valuation spreadsheets

Posted on July 2, 2010 by Adib Motiwala

OldSchoolValue.com has some of the best resources for investors. Jae Jun who runs this excellent website has no formal education in Finance. He started by reading the classic book “The Intelligent Investor” by Ben Graham. From there he kept on … Continue reading →

Posted in DCF, screener, Useful resources, valuation, value investing | Comments Off on Old School Value – Best Valuation spreadsheets

Tenets of Investing – James Montier

Posted on July 2, 2010 by Adib Motiwala

As I try to develop my investing philosopy and style, I read about other investors and thought leaders. I like the material put out by James Montier at GMO. In an earlier post, I provided a link to an article … Continue reading →

Posted in Investing Rules, James Montier, value investing | Comments Off on Tenets of Investing – James Montier