14 posts tagged with "investing"

Investing in Financially Distressed and Bankrupt Securities

Investors have traditionally attached a stigma to the securities of financially distressed companies, perceiving them as highly risky and…

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Investing vs. Speculating

Mark Twain said that there are two times in a man’s life when he should not speculate: when he can’t afford it and when he can. Because this…

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Investment Research

While knowing how to value businesses is essential for investment success, the first and perhaps most important step in the investment…

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Margin of Safety

Individual and institutional investors alike frequently demonstrate an inability to make long-term investment decisions based on business…

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Paradigm Shifts

A core investment principle is: identify the paradigm you’re in, examine if and how it is unsustainable, and visualize how the paradigm…

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Passive Investing

Indexing is the practice of buying all the components of a market index, such as the Standard & Poor’s 500 Index, in proportion to the…

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Portfolio Management and Trading

Trading—the process of buying and selling securities—can have a significant impact on one’s investment results. Good trading decisions can…

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Productivity and Structural Reform

While many people have provided opinions about why countries succeed and fail economically, they have not shown linkages between causes and…

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Quantitative Investing

Quantitative investing consists of establishing a set of rules (perhaps with help from a computer) and having a computer carry them out…

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The Art of Business Valuation

Many investors insist on affixing exact values to their investments, seeking precision in an imprecise world, but business value cannot be…

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The Economic Machine

How the Economic Machine Works: A Transactions-Based Approach An economy is simply the sum of the transactions that make it up. Because…

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The Institutional Performance Derby

The Short-Term Relative Performance Derby The great majority of institutional investors are plagued with a short-term, relative-performance…

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The Nature of Risk

The risk of an investment is described by both the probability and the potential amount of loss. The risk of an investment—the probability…

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The Rise and Fall of Nations

Impermanence How, in an impermanent world, can we predict which nations are most likely to rise and which to fall? What are the most…

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