Synopsis This is a book review of The Little Book that Beats the Market by Joel Greenblatt. The basic concept of the book is that it's quite simple to beat the market. So simple in fact, that a specific magic formula can be used to beat the … [Continue reading]
Asymmetric Risk and Reward: GameStop 2018 (Episode005)
GameStop in 2018 is a prime example of an investment with asymmetric risk and reward. The company offers a greater than 10% dividend yield with a payout ratio less than 50%. As long as the dividend can be paid we'll make a good return. (NYSE: … [Continue reading]
NACCO Industries spin-off of Hamilton Beach Brands: September 2017 Investor Presentation Review
The NACCO Industries spin-off occurred in September 2017. You can find the investor presentation I am reviewing on NACCO's website through this link. The presentation is dated September 18th, 2017. NACCO Industries, Inc (NYSE: NC) spin-off of … [Continue reading]
My first year investing – How to Start Investing (Personal Case Study)
I have studied investors with a great long-term investing track record on multiple occasions. Often, I noticed that investment failures are not given the same coverage as investment success stories. I believe this practice of limiting exposure to … [Continue reading]
How forced liquidation of Short Volatility ETNs (XIV) could cascade into a Stock Market Crash
If you're anything like me, you might have been surprised at the 4% drop in the S&P 500 (SPY) and the DJIA today when you got home from work. However, that is nothing compared to the massive volatility spike that occurred in the CBOE VIX index. … [Continue reading]
