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Learning that drives better investment decisions

VMC: What to Expect on the CFA Level 3 Exam

By Andrew Stotz | Jun 5, 2018
#ValuationMasterClass

Preparation is the key to success, so review what to expect ahead of you on the CFA exam level 3

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Monopoly Mass Transportation and Ads in Bangkok

By Become a Better Investor | Jun 4, 2018

BTS Group Holdings Public Company Limited has the government concession to operate Bangkok’s mass train and bus transit systems. Profitable Growth has fallen from a #1 rank in 2014 to #7 among 438 of 1,460 medium-sized Industrials companies worldwide. 

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“Active Management Is a Loser’s Game”

By Become a Better Investor | Jun 1, 2018
Top 5 of the Week of May 28 - Become a #betterinvestor

In our Top 5 this week, we argue the cost of waiting, discuss skill among analysts, and examine if value investing is really as dead as everyone believes. All this and more…

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High Profitability and High Volatility in the Vietnamese Stock Market

By Become a Better Investor | May 31, 2018

Vietnam Equity FVMR Snapshot: The return on equity in Vietnam is expected at 16.2% in 2018CE* and 18.6% in 2019CE*, well above the global average. However, Vietnam trades above the World on both PE and PB for 2018CE*.

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Sweden Appears Cheap but Earnings Growth Is Flattish

By Become a Better Investor | May 30, 2018

Sweden Equity FVMR Snapshot: The overall Swedish market trades below the World on 2018CE* multiples. But Sweden is not expected to see much earnings per share growth in 2018CE*, only 2.1%.

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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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