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Learning that drives better investment decisions

Invest at Market Peaks in Asia and It Could Take a Decade to Recover

By Andrew Stotz | May 29, 2018

Chart of the Day: Imagine you managed to invest in Asia ex Japan at an absolute market peak. How long would it take until your initial investment would be recovered?

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VMC: Questions to Expect in a Case Competition

By Andrew Stotz | May 28, 2018
#ValuationMasterClass

Read the first part in a series about the questions you should expect as a participant in such case competitions. Get prepped today!

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Timing the Market: Now or Later?

By Become a Better Investor | May 25, 2018
Top 5 of the Week of May 21 - Become a #betterinvestor

In our Top 5 this week, we examine the benefits of stocks over real estate, consider the risk of caution, and see if the market will be better in five years or not. All this and more…

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Continued Challenging Environment for Chinese Telecoms

By Become a Better Investor | May 24, 2018

China Equity FVMR Snapshot: China is expected to grow earnings faster than the World. The market appears to be cheaper than the World, however, excluding banks the Chinese market trades above the World.

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Emerging and Developed Markets Have Been Equally Volatile

By Become a Better Investor | May 23, 2018

Global Equity FVMR Snapshot: Emerging markets and Developed markets show 2018CE* EPS growth that is more or less in line. Emerging markets trade below Developed markets at a PE of 12.2x and this is still the case if we exclude US that has the highest PE.

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VMC: Your CFA Result Is Void: How Not to Fail

By Andrew Stotz | May 22, 2018
#ValuationMasterClass

Don’t put in all those hours of studying and revision to fail on an exam technicality! Discover how not to fail the CFA exams with Andrew Stotz.

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Chroma ATE Tests Technology around the Globe

By Become a Better Investor | May 21, 2018

Chroma ATE Inc. is a Taiwan-based manufacturer of test and measuring instruments, automated test systems and automation solutions. The company is ranked No.1 in the world for market share of power electronics test solutions. Profitable Growth has been consistently above average, boasting its best ranks in recent years.

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There’s No Such Thing as a Free Lunch in Investing

By Become a Better Investor | May 18, 2018
Top 5 of the Week of May 14 - Become a #betterinvestor

In our Top 5 this week, we examine Warren Buffett’s “edge,” look at what is optimal for portfolio concentration, and improve the tax efficiency of the Value factor. All this and more…

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Hanatour Service Is a Cash-Loaded Korean Tour Operator

By Become a Better Investor | May 17, 2018

Hanatour Service Inc. is the largest travel company in Korea selling over 140,000 travel products primarily including outbound and inbound package tours. In 2017, Hanatour had about 23% market share in departures from Korea. Profitable Growth has dropped considerably since 2013-2015 but showed a slight recovery in the past 12 months.

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HIWIN Technologies Has Shown a Solid Improvement in Profitable Growth

By Become a Better Investor | May 16, 2018

HIWIN Technologies Corporation, based in Taiwan, is the world’s second-largest supplier of linear guideways and ball screws. HIWIN derives most of its income from Asia and Europe. In the past 12 months, the company ranked among the top 294 of 1,470 large Industrials companies worldwide.

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