Category Archives: Modern value investors

Video lectures at Columbia Business School

I found some excellent educational material on Columbia’s website. They have archived videos of guest lectures by world renowned investors such as Thomas Russo, Chris Browne, Michael Price, Glenn Greenberg, Mohnish Pabrai, Li Lu. The lectures are about 60-90 minutes … Continue reading

Posted in Mohnish Pabrai, Podcast, Tom Russo, Tweedy Browne, value investing | 2 Comments

Mohnish Pabrai’s use of checklist in investing

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

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

Lessons from – “The five rules for successful stock investing” by Pat Dorsey.

Pat Dorsey is the Director of Stock Analysis at Morningstar. ·        Picking individual stocks requires hard work,discipline and an investment of time (and money) ·        You need patience, an understanding ofaccounting and competitive strategy and a healthy dose of skepticism ·        Buying … Continue reading

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

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

Tenets of Investing – James Montier

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

Value investing in Europe

EuroShareLab is a good website that I came across recently. Tim du Toit who runs this website, has an MBA from the US and he works in the banking and fund management industry in Germany. He puts outs a free … Continue reading

Posted in James Montier, Seth Klarman, value investing, Zeke Ashton | 1 Comment

Magic formula for stock investing

Have you ever wondered if there was a magic formula that you could use to find winning stocks and invest in them and make handsome gains? Well, the good news is there is indeed such a formula. In the book … Continue reading

Posted in Books, Joel Greenblatt, Magic Formula, value investing | 2 Comments

The Dangers of DCF – with an example

James Montier who is a member of GMO’s asset allocation team (formerly at Societe Generale) had published this excellent piece about “The Dangers of DCF” in 2008. I came across this article last night. These and other excellent articles can … Continue reading

Posted in DCF, James Montier, Margin of safety, Stock analysis, valuation | Comments Off on The Dangers of DCF – with an example