StevesStox

Boards Post

StevesStox replied to the Berkshire Hathaway board. 11:42 PM

Re: On the verge of "normal"

"Is the work required to beat Berkshire worth doing or is it better to direct those efforts elsewhere and just let it compound? Each investor really needs to honestly ask himself or herself that question."

I would say that yes, the [more]

Boards Post

StevesStox replied to the Mechanical Investing board. 5:04 PM

Re: Overlaps - A Three Month Forward Test

Hank,

Be careful with that. A gentleman by the name of 'Tpoto" did something similar to what you are talking about and happily reported back returns of 60%+ in something like 9 months. Naturally, those returns got the board very [more]

Boards Post

StevesStox replied to the Mechanical Investing board. 6:28 PM

Re: OT: To Those Interested in Special Dividends..

Just a quick follow up on this recommendation. A $13,200 investment when this thread was created is worth $21,190 today; not including reinvested dividends, a short 54 in a half months later.

Boards Post

StevesStox replied to the Berkshire Hathaway board. 2:33 PM

Re: 2010 Klarman Profile

Did you know the Seth Klarman underperformed the S&P 500 every year from 1994-2001?

Boards Post

StevesStox replied to the Berkshire Hathaway board. 5:16 PM

Re: Buffett on the Fed unwinding

I actually think there is a high probability of a black swan when the Fed budges interest rates, even just a little bit. A lot of big funds have been lulled into a state of complacency over last 5 years with the the Federal Reserve's hand [more]

Boards Post

StevesStox posted to the Mechanical Investing board. 11:44 AM

Way OT: Surprising deep value quant pick

I recently was reading the paper "What Has Worked in Investing" by Tweedy Browne and decided to follow of their approaches by sorting 3,200 stocks that already had positive earnings and sorted by low to high p/e ratio, keeping the cheapest [more]

Boards Post

StevesStox replied to the Berkshire Hathaway board. 7:20 PM

Re: Valuations

iShares Australian Index (EWA) sports a 5%+ dividend yield. Hard to imagine a scenario where Mr. Market allows the yield to get much higher than that on an index, unless of course global bonds absolutely tank over the next couple of [more]