Monthly Archives: October 2011

Value Versus Growth

Value Investing and Growth Investing are variants of the greater school of Fundamental Investing.  Quoting Buffett from his 1992 Shareholders Letter: Our equity-investing strategy remains little changed from what it was fifteen years ago, when we said in the 1977 annual report:  “We select our marketable equity securities in much the way we would evaluate […]

Weighing Beats Voting

Correlations are high.  Risk-on, risk-off drives the market as market players trade ETPs and baskets rather than individual stocks.  Market players worry about policy, and whether it will be inflationary (bullish) or deflationary (bearish). What an ugly time to be a value investor, and a long-term industry rotator.  The time cycle has shrunk to tiny […]