Deep Value Investing: Dangerfield in a Finance Class/Search Strategy by CSInvesting
Why do the typical MBA classes teach Beta, Capital Asset Pricing Theory, Value at Risk? Do those terms and theories have anything to do with REAL investing? What would Benjamin Graham say about the typical MBA finance class? We will delve into those terms in another reading (Discussed in Montier’s book, Value Investing–which was emailed to YOU.)
If you wish to take MBA-level finance courses for free go here: http://pages.stern.nyu.edu/~adamodar/
Nomad Investment Partnership: Keep An Eye On The Unseen Risks
There are many ways to define risk. Warren Buffett has said that "risk comes from not knowing what you're doing." Q3 2020 hedge fund letters, conferences and more His mentor, Benjamin Graham, believed that risk should be measured as the chance of a permanent capital impairment of an investment. Seth Klarman also holds this view. Read More
The next link contains an offensive video about picking-up women (please, those of sensitive dispositions ignore/delete). However, there is a lesson here for deep value investors–a hint of where to look for value. In places where other investors are experiencing anguish.
Video: Deep Value Search Strategy
Tomorrow/Saturday I will post the lecture notes for Lesson 1. Then we will view a Deep Value Activist in action.
You may enjoy reading an interview of Deep Value’s author
Deep-Value-at-authorsgoogle/ An excellent video of Deep Value Investing.
www.greenbackd.com is worth scrolling though and viewing past videos.