Aswath Damodaran: Risks of investing across the globe
Borsgade
August 2, 2023
Aswath Damodaran analyzes the country-specific risks of investing across the globe and gives each country a “country risk premium”.
Howard Marks: The future is unusually hazy
Borsgade
July 27, 2023
In a dialog with the students of INSEAD’s Investment Management Club, Howard Marks answers questions about his investment philosophy, the market right now and much more.
Aswath Damodaran: Above all else – avoid arrogance
Borsgade
July 27, 2023
Aswath Damodaran analyzes the development of the stock market over the past six months and what it tells us about where we are today.
Seth Klarman: The market will tell you from time to time that you are … less intelligent
Borsgade
July 27, 2023
In an interview on Capital Allocaters, Seth Klarman from Baupost talks about his investment process and why his approach is opportunistic and value-based.
Mario Gabelli: Investing over half a century
Borsgade
July 27, 2023
Mario Gabelli, CEO of GAMCO Investors, recently attended a conference at Columbia Business School where he talks about how markets have evolved over the years, the art of fundamental analysis and his advice for new investors.
Seth Klarman: The art of distinguishing between risk and volatility
Borsgade
July 26, 2023
During his interview with Grant’s Current Yield Podcast, Seth Klarman shares his views on risk. Klarman sees a tendency for the market to view risk as a positive and for risk management to lose its prominence.
Matt McLennan: Investors should look to Japan for value buys
Borsgade
July 12, 2023
In this short interview on CNBC, Matt McLennan from First Eagle talks about searching for value stocks outside the US and his thoughts on Meta’s new app, Threads.
Thomas Gayner: Fireside Chat at the annual Ben Graham conference
Borsgade
July 12, 2023
Thomas Gayner, Markel’s CEO, recently attended the annual Ben Graham conference, where he explains why you should never be in a hurry to sell a position.
Kurt Kara: June 2023 Update for May Invest Value Shares
Borsgade
July 12, 2023
In the monthly update for June 2023, Kurt Kara and the other managers give their short update on the Maj Invest Value Aktier fund.
May Invest: Quarterly News Q2 2023
Borsgade
July 12, 2023
Kurt Kara and the other portfolio managers give an update on the different portfolios in Maj Invest, including the Value Aktier fund.
Howard Marks: Seven ways to take the temperature of the market
Borsgade
July 12, 2023
In his latest memo from Howard Marks, he outlines the seven ways you as an investor can take the temperature of the market.
Seth Klarman: We’ve been in an ‘everything bubble’
Borsgade
July 4, 2023
Seth Klarman, CEO of Baupost, usually stays out of the spotlight. But the other day, he was a guest on CNBC for the new edition of Benjamin Graham’s Security Analysis, which he has been responsible for updating.
Guy Spier: The pain and learning of selling a “100-bagger” too early
Borsgade
July 4, 2023
In this short interview, Guy Spier shares the story of one of the biggest mistakes of his career – his sale of Laboritories Corporation of America, or simply LabCorp. A company that after his sale ended up increasing 100x his cost price.
Bill Nygren: It’s an excellent time to be a traditional value investor
Borsgade
July 4, 2023
Bill Nygren, Oakmark Funds CIO, talks about their investment in tech companies over the past year. These are not companies that would normally fall into the classic value category, but Nygren explains why these companies suddenly became relevant and how they valued the companies.
Aswath Damodaran: Valuation of stocks is still relevant
Borsgade
July 4, 2023
Aswath Damodaran talks about the classic value factors and how today they are often replaced by other but similar price-based metrics.
Trend following: New ingredient in your overall portfolio?
Borsgade
July 4, 2023
Despite their history as a value-based investment firm, Cliff Asness and AQR have over time become advocates of combining fundamental analysis with trend following. They have just published an article analyzing Trend Following as a component of an overall portfolio.
Mohnish Pabrai: Fear, Greed and Nvidia
Borsgade
July 4, 2023
In this Q&A session with SRCC Delhi, Mohnish Pabrai talks about how investors project current circumstances into infinity.
Aswath Damodaran: AI Winners, Losers and Wannabes: NVIDIA Valuation with an AI Boost
Borsgade
June 26, 2023
In this article, Aswath Damodaran, professor at NY University and dubbed ‘the dean of valuation’ by many on Wall Street, gives his assessment of the AI landscape with a focus on his own investment in NVIDIA.
Howard Marks: Key takeaways from Oaktree’s quarterly update
Borsgade
June 26, 2023
Howard Marks and the other portfolio managers give their top-down assessment of the different asset classes. From stocks to corporate debt and real estate.
Mohnish Pabrai’s: Investing in China, crypto and the art of finding multi-baggers
Borsgade
June 26, 2023
Mohnish Pabrai discusses a variety of investment issues, including investing in China, crypto and multi-baggers.
Poland Capital: There are excellent companies for sale outside the US at interesting prices
Borsgade
June 26, 2023
In their latest white paper, Polen Capital zooms in on investing in global companies. Here they specifically look at Dutch ASML, French LVMH, Argentinian Mercado Libre and Australian CSL Plasma.
Howard Marks: The worst thing you can do as an investor
Borsgade
June 20, 2023
John Nicola, CEO of Nicola Wealth, talks to Howard Marks, Co-founder and Oaktree Co-Chairman about investment strategies and topics such as growth versus value, deep value, interest rates, beta and alpha in the market and how to build a portfolio against the unknown risks in the market.
Poland Capital: The outlook for Digital Payments
Borsgade
June 20, 2023
One of the industries that has seen some headwinds lately is the payments industry. Dan Davidowitz from Poland Capitol zooms in on payments and looks at the dominance of Visa and MasterCard and whether their duopoly can be disrupted.
Nykredit: How inflation affects your cash and invested savings
Borsgade
June 20, 2023
Chief Economist at Nykredit, Palle Sørensen, takes stock of inflation and gives his assessment of how inflation affects our investments.
Arman Gokgol-Kline: How we view our investment in Alphabet, Meta and Netflix
Borsgade
June 20, 2023
Back in May, Ruane, Cunniff & Goldfarb held their annual Investor Day. They have now been kind enough to post a transcript of the meeting and presentation on their website, so those of us who are not investors can still follow their thoughts and assessment of companies.