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Learning that drives better investment decisions

Korean Gas Monopoly and World’s Largest Gas Importer

By Become a Better Investor | Jul 19, 2018

Korea Gas Corporation was incorporated by the Korean government in 1983 and is the world’s largest liquefied natural gas (LNG) importer. Profitable Growth had sunk to the bottom in 2015 and stayed there until a slight improvement in the past 12 months.

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Asia ex Japan Is Trading around Its 10-yr Average Price-to-Book

By Andrew Stotz | Jul 18, 2018
| #ChartOfTheDay

Chart of the Day: Global markets are expensive, not bubble yet. US 10-year bull run hitting its peak. Unlike the US, Asia valuations are not stretched. Developed Asia ex Japan appears cheap.

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VMC: How to Decide Between the CFA Program vs. an MBA Program

By Andrew Stotz | Jul 17, 2018
#ValuationMasterClass

When it comes to choosing CFA or MBA, it’s important to check out what will be required of you to attain it in terms of time and study, and what competitive edge each qualification will give your career. Here is how each type of certification will help you advance your skills, so that you can decide which one is right for you.

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Developed Markets Have Rebounded Recently, Emerging Markets Have Not Followed

By Andrew Stotz | Jul 16, 2018
#Korea still appears most attractive in Asia, followed by #China and #Thailand | #ChartOfTheDay

Chart of the Day: Developed markets have outperformed Emerging markets over the past decade and recently. Outperformance has been driven by the strong performance of the US market. US could be at risk, though.

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Is Loss Aversion the Answer?

By Become a Better Investor | Jul 13, 2018
Top 5 of the Week of July 9 - Become a #betterinvestor

In our Top 5 this week, we examine Value’s recent subpar performance, catch up with the ongoing debates about index investing, and discuss loss aversion’s impact. All this and more…

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Yuzhou Properties Ranked in the Top 40% among Real Estate Companies Globally

By Become a Better Investor | Jul 12, 2018

Yuzhou Properties Company Limited is a property development company with all of its revenue coming from major regional Chinese cities in the East. Profitable Growth returned to #4 in the past 12 months and ranked in the top 80 out of 200 large Real Estate companies worldwide.

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Fila Korea Controls Global Sportswear and Golf Equipment Brands

By Become a Better Investor | Jul 11, 2018

In 2007, Fila Korea Limited acquired the global FILA brand. In 2011, a majority stake in Acushnet, with well-known golf brand Titleist, was acquired. Profitable Growth has been fluctuating and dropped to #9 in the past 12 months which is in the bottom 256 out of 1,280 large Consumers Discretionary companies worldwide.

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VMC: Mistake #3 – Growing Fixed Assets Slower than Revenue

By Andrew Stotz | Jul 10, 2018
#ValuationMasterClass

When forecasting, a good rule of thumb is that fixed asset growth should roughly match revenue. We know that investment and fixed assets are generally lumpy. Read more here on how to avoid the common valuation mistake #3 here…

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China Oriental Group Is Backed by the World’s Top Steel Producer

By Become a Better Investor | Jul 9, 2018

China Oriental Group Company Limited is the largest non-government-owned fabricator and trader of steel products by volume in China. In the past 12 months, the company ranked in the top 83 out of 830 large Materials companies worldwide on Profitable Growth.

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When to Rely on Heuristics

By Become a Better Investor | Jul 6, 2018
Top 5 of the Week of July 2 - Become a #betterinvestor

In our Top 5 this week, we look at when we shouldn’t dismiss heuristics, explain that there’s more to life than compounding money, and examine Vanguard’s active funds. All this and more…

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