Hello October! Links this week are jam-packed with value and insight reinforcing that value investing still works & why timing the market is still not a great idea.
This overlooked firm has been consistently making money over the last two decades while also maintaining a strong balance sheet in a recession-proof segment of the healthcare sector with a positive outlook.
This week. Will value stocks perform again? Follow your passion but still eat your frog. The broken promises of Elon Musk. And behavioral finance for our podcast of the week.
Mike’s left us with some of the links he’s been reading. 3 different takes on the WeWork IPO, tracking Klarman’s investments & is the US turning Japanese?
Bank valuations can be analyzed using price to tangible book value, price to earnings, and discounting dividends and buybacks to calculate intrinsic value.