Wednesday, January 7, 2009

Old School Value

Finding Intrinsic Value | Value Investing | Graham, Fisher, Buffett,FWallStreet | Special Situations

Archive for the ‘Book Reviews’ Category

Book Review: The Art of Short Selling

Posted by Jae Jun On January - 6 - 2009

The Art of Short Selling, by Kathryn Staley, is by no means about short selling. If I had to sum it up in a few words, I would say the book is focused on hardcore fundamental analysis. It points all readers in the direction of discovering and analysing fundamental problems with a company. The book clearly states that one should never short a good company with temporary issues or just because a company seems overpriced.

There is no mention of technical analysis, trends or volume. The true method of short selling described is based on an extremely detailed fundamental analysis, which is why I immediately purchased the book. The book describes everything that enterprising investors should do.

Book Review: Good to Great

Posted by Jae Jun On October - 25 - 2008

As a young guy interested in business and wanting to start my own, I found Good to Great interesting and the ideas, although not new, to be thought provoking. C.S. Lewis once wrote that the best teachers are the ones that are able to remind you rather than try and teach you new things.

You Can Be A Stock Market Genius!

Posted by Jae Jun On September - 25 - 2008

You can be a stock market genius! No this isn’t a review of one of those Dummy series books on getting rich. The book is in fact written by Joel Greenblatt, the author of everybody’s favourite, The Little Book That Beats The Market. With the markets in turmoil, I’m sure there are so many good opportunities out there and many investors are probably busy going through all the financial statements of potential buy candidates for their portfolio. But what about special situations?

Margin Of Safety - Seth Klarman

Posted by Jae Jun On July - 21 - 2008

Before all else, I am in no way endorsing or encouraging what I am about to post. However, if information is available on the net, I don’t see why you can’t take a look at it.

Wall Street: Got What it Takes?

Posted by Jae Jun On June - 17 - 2008

As I was reading Where Are the Customers’ Yachts, there was a little aptitude test which I found amusing that looks at whether you have what it takes to do well in Wall Street, Old School Style. Ready to take it yourself?

Economic Moats (The Little Book That Builds Wealth)

Posted by Jae Jun On June - 7 - 2008

Warren Buffett mentions moats all the time in his talks and writings and emphasizes the importance of finding a company with moats. The thing is, I haven’t come across anything specific from Buffett where he explains how to distinguish and categorize moats but The Little Book That Builds Wealth provides a practical framework that helps any investor to identify economic moats/competitive advantages. Let’s take a look at some of the ideas from the book.

Book review: Warren Buffett Speaks

Posted by Jae Jun On May - 7 - 2008

Warren Buffett Speaks; Wit and Wisdom from the World’s Greatest Investor is an fun, easy to read, relaxing book, that organizes what Buffett has said in speeches and written in his annual letters into a neat little package.

Book Review: Financial Statements

Posted by Jae Jun On April - 27 - 2008

Financial Statements: A Step-By-Step Guide to Understanding and Creating Financial Reports is a great book for those that want a deeper understanding of financial statements or are starting out in accounting. It is concise and straight to the point with lots of clarity. It focuses on explaining the basics, how all parts of the financial statements interact and provides examples of how it works.

How to Think like Benjamin Graham and Invest Like Warren Buffett

Posted by Jae Jun On January - 27 - 2008

What’s In The Title?Readers like me would think that this book will outline and guide the reader into thinking about Graham and Buffett’s principles. Although there is some content regarding these two great investors, that is where it ends.