If you read the book the Intelligent Investor, then I guess you’re already familiar with Chapter 14: Stock Selection for the Defensive Investor, where he discussed his famous “Graham number“. You’ve probably realized that if you follow the criteria of the Defensive Investor, you’ll not find many stocks that’ll pass the screening. We can, however, … Read more
I have read books, articles, podcasts and other resources about Warren Buffett, Benjamin Graham, Seth Klarman and Mohnish Pabrai. The common thing about their investment philosophies is that they emphasize the importance of a margin of safety and moat. In this post, I’ll discuss about why these 2 factors are important in determining a good investment. What … Read more
Buffett started out investing using the principles he learned from Graham. Graham made millions of dollars but Buffett made billions. Now why is that? Did Buffet mixed a secret sauce to Graham’s principles? Well sort of. Buffett’s partner, Charlie Munger told him not just pay attention to value, but to pay more attention to business … Read more
Valuating a stock price is based on intelligent assumptions. To find the intrinsic value of a stock, we have to make assumptions in the future based on past performance. It is in these assumptions that we find an ‘estimate’ of what the stock will be worth. We can’t really predict what will happen in the … Read more
One of my goals is to make one million pesos in the stock market before I reach 40 years old. It’s my dream to become rich and everyone else’s dream too. The only question is how do we essentially do it? So here are some tips that I do to reach my million peso dream. … Read more