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Year: 2019

Extract From The Upcoming Hidden Value Stocks Q1 2019 Issue

Extract From The Upcoming Hidden Value Stocks Q1 2019 Issue

An extract from the Q1 2019 issue of Hidden Value Stocks. The issue features two interviews with emerging hedge fund managers, Gate City Capital Management and Breach Inlet. This is an extract from the interview with Breach Inlet. To discover more about Hidden Value Stocks scroll down. What traits are you initially looking for in an opportunity? To put it another way, what makes you say “yes” or “no that is too hard”? We are generalists, but avoid companies heavily…

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Lessons From The Collapse of Flybe

Lessons From The Collapse of Flybe

There are only two things investors can control when it comes to investing in the public equity markets. Firstly, the price paid for the security you have decided to include in your portfolio and secondly, costs. Virtually everything else is uncontrollable (apart from when you sell, but for the purposes of this example, that falls under price paid as they are both interlinked). We don’t know how long it will take for a company to reach our estimate of intrinsic…

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The Permanent Portfolio And Joel Greenblatt’s Big Secret

The Permanent Portfolio And Joel Greenblatt’s Big Secret

I recently wrote an article for Gurufocus.com on an asset allocation strategy called the ‘Permanent Portfolio’ (PP). For readers who don’t know, or who haven’t heard about this portfolio approach before, it was first published in the 1970s by Harry Browne, a U.S. writer and politician (book). Browne’s goal was to create a simple portfolio that would be easy to manage and protect his wealth in all market environments. The approach is simple, Browne recommended investors separate their wealth into…

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