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Category: Value Investing 101

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Value Investing 101

Working Hard At Doing Nothing

Posted on November 29, 2022October 28, 2024 by mispriced markets

What you don’t buy is just as important as what you do.

Owl With Tilted Head
Value Investing 101

Focusing On Profits, Not Price

Posted on March 13, 2020October 28, 2024 by mispriced markets

By focusing more on the profits that I expect my portfolio companies to generate and less on their stock prices, big stock market drops become much less intimidating.

1929-1949
Market Commentary

147 Years of Stock Market History

Posted on September 6, 2018October 28, 2024 by mispriced markets

Graphing the performance of the market over the past 147 years.

Sold sign
Value Investing 101

When To Sell

Posted on June 18, 2018October 28, 2024 by mispriced markets

Part 6 in a series of tutorials on value investing: Knowing when to sell can be hard. It doesn’t have to be.

Value Investing 101

How To Find Winning Stocks: The Brute Force Method

Posted on March 18, 2018October 28, 2024 by mispriced markets

You have to turn over a lot of rocks to find those rare hidden gems. Sometimes the best approach is to simply start with the ‘A’s.

Boy sitting on soccer ball
Value Investing 101

It’s Okay Not To Play

Posted on March 17, 2018October 28, 2024 by mispriced markets

Whether it be marijuana or bitcoin, you don’t need to be invested in the most talked-about sectors to still make very good long-term returns.

Green shoot
Value Investing 101

Advice for First Time Investors

Posted on March 2, 2018October 28, 2024 by mispriced markets

How much money do I need to start?  How much can I lose?  How do I make my first stock purchase? Which brokerage is best? Some basic advice for first time stock buyers.

Value Investing 101

If A Monkey Can Do it, So Can You

Posted on February 28, 2018August 28, 2024 by mispriced markets

How picking stocks at random can be a surprisingly effective strategy.

Library
Value Investing 101

Hitting The Books

Posted on January 20, 2018December 9, 2024 by mispriced markets

Part 5 in a series of tutorials on value investing: A step by step guide to the process I use to evaluate a new stock.

Building A Valuation Framework - Featured Image
Value Investing 101

Building A Valuation Framework

Posted on January 20, 2018October 27, 2024 by mispriced markets

Part 4 in a series of tutorials on value investing:  The ratios and formulas I use to find undervalued opportunities.

Toolbox
Value Investing 101

The Investor’s Toolkit

Posted on January 20, 2018October 27, 2024 by mispriced markets

Part 3 in a series of tutorials on value investing: Earnings, book value, debt, growth rates and market capitalization.

An old time general store
Value Investing 101

The General Store

Posted on January 20, 2018October 27, 2024 by mispriced markets

Part 2 in a series of tutorials on value investing: Putting theory into practice. How we might begin to value an old time general store.

Value Investing 101

My Investment Philosophy

Posted on January 20, 2018October 27, 2024 by mispriced markets

Part 1 in a series of tutorials on value investing, the mispriced markets way.

Letters From The Trenches

For 6 years, from the spring of 2018 to the fall of 2024, I blogged in real-time about every move I made in my own personal portfolio. This was a somewhat harrowing experience. It is not easy putting it all out there on the line for everyone to see. I had my share of missteps but fortunately, once the dust had settled, I enjoyed far more successes than I did failures. In the final accounting, my portfolio had tripled in size and I had outperformed the benchmark Russell 2000 index by 12% annually.

As you can see if you read through these posts, I did not hold back on the word count. My primary goal was to educate and inform. Theory is one thing but as Mike Tyson once said, "everyone has a plan until they get punched in the face." This applies very much to the world of investing. The market threw quite a few punches over these 6 years. The 2 years leading up to the covid pandemic were marked by a sluggish economy, the "retail apocalypse" and one of the worst relative showings for value investing on record. We then had the pandemic which threatened to sink us all back into a Great Depression. The market plunged by 40% over the course of a few weeks as investors radically adjusted their expectations downwards. But then governments around the world stepped in and launched a torrent of stimulus. Stock prices skyrocketed back up. Inflation surged higher. Some sectors boomed while others were left behind. War broke out in Ukraine. Oil prices fluctuated maniacally. The word "unprecedented" was thrown around an awful lot.

In retrospect, I couldn't have picked a better time to showcase all the real-world tribulations and triumphs that come from being a dedicated value investor. I hope that these posts will stand the test of time and will give new investors a valuable insight into how one person successfully managed a stock portfolio through the chaotic mess that is the real world.

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Disclaimer: I am a private investor with no official financial credentials whatsoever. Nothing on this site should be construed as advice to buy or sell securities. This is just me rambling on about my own personal experiences in the investing world. Hopefully someone out there will find something I say mildly interesting. There is a pretty good chance that I own shares in many of the securities I mention on this site. The markets are constantly evolving. A new piece of news could dramatically change the outlook on a stock the day after I post a report on it. So reader beware. The stock market is a dangerous place and you can lose a lot of money. Every investor’s situation is unique and you should consult with your own financial guru before making any investment decisions, including ones made after looking at this website. © Copyright 2018 – Mispriced Markets
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