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switesh

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Everything posted by switesh

  1. On my flight back from Omaha after the BRK AGM this May I was reading an old edition of Standard & Poor's 500 Guide. Thoroughly enjoyed it, felt great leafing through the pages one by one. Sadly they no longer publish it. I live in Melbourne (Australia). I like flipping pages one by one and making notes [Microsoft OneNote] on investment ideas, and setting price targets [Google Sheets] rather than using screener. This way I can set prices based on what I'm willing to pay and forget about market movements, which allows rest of the time to be spent on Annual Reports and Industry Reports (IBIS World). For researching Australian companies I use DatAnalysis Premium. I use a Chrome Plugin to bulk download PDF summaries of ALL companies, and then another program to stitch those PDFs into one big PDF. Then I print them out and flip pages. I do the same for USA companies using Morningstar. I have subscription to these publications. I would be keen on ordering ValueLine publication in the future knowing that Charlie Munger, Warren Buffett, and Walter Schloss leafed through it when they ran their partnerships. I ordered the Japan Company Handbook a few months back. Read about half of it and then lost interest. Found tons of companies selling well below tangible book value, but poor free cash flows. Just couldn't understand the economics. Perfectly good business but poor returns on equity. I also have subscription GuruFocus. I love the 15 year Financial Statement data available there, but apart from that the website repels me because it tends to complicate things more than necessary with tons of visual clutter screaming at you. They created a 'Stock Report' section on their website at my request a few months back, but it's still more clutter than I need. I've been pushing them to publish a more simplified and informative version rather than the visually grabbing eye candy that it current publishes. Thanks to oddballstocks for the mention of the New Zealand Investment Yearbook. I've just placed my order for it for some Christmas time reading :) There are other markets that I would like to study such as Korea, Singapore, China, and certain African countries (that are experience tremendous economic transformation), but I haven't come across publications for any of these markets. GuruFocus does cover these countries, but not in a form that ValueLine does for US companies. Hope to hear if anybody is probing these markets with any reliable publications.
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