Expected Returns Issues
A group of investors heeding the lessons of Graham, Babson and Nicholson has at least one leg up on the crowd and a better than average opportunity to generate exceptional returns.
“The only people who think buy-and-hold is dead are short-term thinkers frustrated by their inability to follow it.” -- Morgan Housel, The Motley Fool (2013)
We'll side with Graham in our quest for above-average performance ... dare to be a little different ... and lean on a heavy dose of skepticism about shortcuts.
This month we take a look at the drivers and benefits of industry studies, attempt to extract some lessons from Educational Services, feature Masimo (MASI) and celebrate $2,000,000 for the Bare Naked Million.
The methodology works. We take a look at your favorite stocks with a most widely-held update of the MANIFEST 40, how they've done over eight years and why we expect similar success from the next eight or 70 years.
In the spirit of one Sherlock Holmes, we believe that it’s elementary to remain vigilant … and centered on growth, profitability and valuation trends.
When markets get hot, prices surge ... and in some cases the stock prices are literally outpacing their foundation. This month we take a look at the big picture and visit the topics of capital preservation and/or ratcheting up selectivity.
As we monitor companies for signs of economic recovery, Hugh McManus shares specific operating characteristics that can provide warnings or precursors of expanding opportunity.
Patience is genius in disguise.
This month we visit some letters, questions and commentary ... celebrating your curiosity and achievements. Can old dogs learn new tricks? What about young dogs?
This month we take a look at the wind (speed and direction) of the stock market using our MANIFEST 40 and the Value Line return forecasts as featured recently in WSJ/MarketWatch.
“The most convincing proof of superior management lies in a superior comparative record over time.” -- Benjamin Graham. Going forward, we'll be using a percentile ranking for quality for powerful context.