feynmanresearch

Thanks for bringing the book to attention.I'll check it out

Thanks for the input,crocodon

We are conducting an interview with Tobias Carlisle, author of Deep Value and co-author of Quantitative value. Tobias has conducted other interviews, so we are looking for whatever insightful and unique questions you guys might have.

Hmm,I do not know the exact answer to that question, but a reasonable assumption would be that most investors are being taught income metrics at school, and a lot of value investors have read countless books who have touted the effectiveness of such metrics.In a sense, once you go past a certain point in time, concepts like the effectiveness of income type metrics become the standard for investors to use, almost reflexively and without much afterthought. Similar to how efficient market theory had and still has many adherents, despite being hogwash.It's like that saying"say it loud enough and often,and people will believe it to be the truth". That's my $0.02.Would love to hear your take on it.

+1

http://feynmanresearch.com/2016/01/12/brian-grosso-episode/

http://feynmanresearch.com/2016/01/18/evebit-the-most-underrated-price-ratio/

PII is pretty cheap

Good point.I'll research further

Full presentation here:http://www.valuewalk.com/2016/01/mohnish-pabrai-boston-college-carroll-school-of-management-presentation-december-3-2015/

Our investing process:http://feynmanresearch.com/philosophy/

Here's their annual letter for 2015:http://www.mediafire.com/view/2sf2k2b5ya68akk/T11_-_2015_Annual_Letter.pdf

Is anyone familiar with T11 Capital Management? They have posted insane returns over the past 5 years

Anyone have, or know where to find a higher quality version of this talk? https://www.youtube.com/watch?v=DtjTKAHAxBw Thanks

Got an offer in the mail today($52 for 52 weeks) to subscribe to their magazine. Just wanted to share this opportunity with you all,as I think it is very reasonable given the quality of Barron's

I've seen others think this way and I have thought this way in the past, but no longer do. Why is high ROE a measure of a business with a moat? If you insist, what is the moat of, for example, COH? (I can post probably over 100 companies with >15% historical ROE that have pretty much no moat). Or are you saying that business with a moat should have high ROE? But that's not necessarily true either. BRK never had high ROE. Wouldn't ROC be a better measure?

If you had a significant amount of capital, who would you choose to invest your money with? Personally, I would choose Carl Icahn and Howard Marks

Welcome to the forum, We share a similar background, although I didn't master in forensic accounting. Do you think learning about forensic accounting has sharpened you as an investor, in regards to detecting BS games management is trying to play?

Toyota Camry

For those of you who are subscribed to the journal, is it worth it?

http://www.wsj.com/articles/at-theranos-many-strategies-and-snags-1451259629?mod=e2tw

Discuss

Absolutely.When a smile doesn't work, intimidation comes into play!

Really? - Please elaborate a bit, Jurgis. Isn't all investing active?Whether you're taking an action or being passive,you're acting either way.

A friend of mine watched the movie.He remarked that the finance is heavily dumbed down in the movie and it strays to far from the story on the book