Bill Nygren: Investing without a catalyst
In a recent interview, Bill Nygren from Oakmark reflects on his 40-year investment career, highlighting the significance of both financial metrics and management quality in selecting companies.
You are here: Home || All posts || InvestorNews || Guy Spier: I changed my password so I wouldn’t forget this point
Guy Spier from Aquamarine Capital talks about his experiences and challenges with the feeling Fear Of Missing Out (FOMO) in the period leading up to and during Covid-19. During this period, new tech companies with SaaS (Software As A Service) boomed and no price was really too high.
As the classic value investor Spier is, he had great difficulty buying into the stories and companies with such high multiples. Nevertheless, he wanted to understand the new business models, so he was absolutely sure that he did not overlook something that on the surface looked too expensive, but which was actually a new type of business and if you actually understand them, they are cheap. One of the examples he uses is Netflix.
I changed my password to remind myself that I had to learn these new rules of business – if you like. Thats the degree it got to me. […] The phrase [I used as new password] was “new economy”.
Share the news
The above has been prepared by Børsgade ApS for information purposes and cannot be regarded as a solicitation or recommendation to buy or sell any security. Nor can the information etc. be regarded as recommendations or advice of a legal, accounting or tax nature. Børsgade cannot be held liable for losses caused by customers’/users’ actions – or lack thereof – based on the information in the above. We have made every effort to ensure that the information in the above is complete and accurate, but cannot guarantee this and accept no liability for errors or omissions.
Readers are advised that investing may involve a risk of loss that cannot be determined in advance, and that past performance and price development cannot be used as a reliable indicator of future performance and price development. For further information please contact info@borsgade.dk
In a recent interview, Bill Nygren from Oakmark reflects on his 40-year investment career, highlighting the significance of both financial metrics and management quality in selecting companies.
In his latest article titled “Ruminating on Asset Allocation”, Howard Marks discuss the key concepts and strategies related to asset allocation in investment portfolios.
In a recent interview, Joel Greenblatt emphasized that becoming a successful investor requires hands-on experience and, inevitably, losing money along the way.
In this video and accompanying article, NYU professor Aswath Damodaran discuss the possibility of the US Department of Justice breaking up the big US tech companies. Other antitrust remedies include operating restraints and regulated monopolies.