Category Archives: Book Review

The value investors: Lessons from the world’s top fund manager (Part 2) Author: Ronald W. Chan Mark Mobius  (Templeton Emerging Markets Group) “Never take other people’s advice when making an investment decision. Always make decisions based on what you have … Continue reading →

Fisher Investments on Financials        Characteristics of financial industry:   1. A relatively volatile sectors that is highly correlated with broader markets  – high beta that is second only to IT industry    2. Sensitive to interest rates  – … Continue reading →

The value investors: Lessons from the world’s top fund manager (Part 1) Author: Ronald W. Chan Walter Schloss (Walter & Edwin Schloss Associates) “I learned that if I can simply survive in the market, just like surviving in the war, and … Continue reading →

Health-Care investing: Profiting from the new world of pharma, biotech and health care services  Author: Les Funtleyder   Introduction  – health care demand is relatively inelastic  – diverse range of businesses in health care (pharmaceutical, biotechnology, hospitals and many more)  … Continue reading →

Templeton’s way with money Author: Jonathan Davis & Alasdair Nairn 1. Invest for maximum real total return  Real total return–> factor in tax, inflation, trading costs 2. Invest, don’t speculate or trade  3. Remain flexible and open minded about types of investment … Continue reading →

The Warren Buffett way:   Author: Robert G. Hagstrom 1. Companies he understand 2. Consistent earnings history 3. Favourable long term prospects 4. Good return on equity with little debt, 5. Operated by honest and competent people 6. Available at … Continue reading →

 Value Investing: From Graham to Buffett and Beyond Author: Greenwald, Kahn, Sonkin, Biema Intro First book dated back to Feb 1999, it defines what value investing is and Graham and Dodd approach towards analysing securities by relying on asset valuation … Continue reading →

Fisher investments on energy:   Introduction  Industry is split into two main groups: 1. Oil & gas industry  2. Energy equipment & services industry  1. Oil & gas industry  (Upstream, Midstream, Downstream, Integrated) Upstream: -Exploration of oil and natural gas … Continue reading →

The business of value investing:  By Sham Gad  6 essential elements for value investing: 1. Develop a sound investment philosophy  2. Have a good search strategy  3. Know how to value a business and assess the quality of management  4. … Continue reading →

Fisher Investments on Consumer Staples  Characteristics of consumer staples: 1. Have a common end market – consumers 2. Products many folks use daily 3. Frequency of usage tend to be consistent irregardless of economy 4. Tend to be recession resistant.. … Continue reading →