Fliujniligui's Blog : Latest entries

Philip Fisher --> Common Stocks and Uncommon Profits
Ben Graham --> Security Analysis
Ben Graham --> Intelligent Investor ( I felt like the Stupid Investor last March
but it seems that everything is a question of context...)

I think with those 3 you can do a reasonable job. My portfolio in Zacks is based on the experiment consisting of applying the teachings in those books. I think this improves over time and with regular use and I understand more deeply how…

A lot of water ran under the bridge since my last post. Water runs and now it seems credit does so again. This seems to be visible on many of my bank picks. Picking banks is not the easiest thing to do, especially last March, but with good fundamental analysis and attention paid to past manager actions while times were good, fat and easy.

There are still a lot of exploitable aberrations in the market. We had a lot of media action about investment banks recently and filtering noise out of …

I have been with mutual funds for 10 years, from teenager to young professional and last September and October, when I saw most of my professional managers did not foresee anything and were very performing at losing as much or more than whole market and charged me 2.5 to 3 % annual fee for doing this, I just began my investing career by selling all of this and trying to do better pick by myself for better short term and long term results.

I got decapitated by my short term results, but as he…

I like to read from all over the websites and blogs about stock investments. I found a lot of ideas in them and more important is they help me develop a critical appraisal of any information I get. It is not more possible to "test" an information by doing a counter check about critical points.

However I end up owning almost nothing of what is rated buy and recommended. The reason is that it is recommended for a while and it has not fallen in price. So at best, you get exactly what you pay…

Everyone seems to be selling everything at any price to buy expensive T-bills which have a very low yield.

By definition, doing lately what everyone has been doing for a sustained period of time is often the worst possible move. Stocks had to be sold one year ago, rush selling now is to be called into question except for its psychotherapeutical properties of favoring sleep and illusory comfort.

I wonder if this is a sound move to sell a valuable company with a wide moat and no debt, giv…