Value Investing Sample valuation (and model) of a value investor |
- Sample valuation (and model) of a value investor
- Residual Accrued on Structured Products
- Our Thoughts On and Investment Ideas for 2018
- Question about (over)diversifications
| Sample valuation (and model) of a value investor Posted: 08 Jan 2018 11:48 AM PST Valuation is more an art than a science as they say and some investors use a variety of valuation methods to estimate ranges and not a specific value per share. Has anyone come across an insightful outlined valuation and ideally model of a successful value investor in the recent past? The literature makes the valuation look (too) easy and rather emphasizes the investment philosophy. Any recent real case would be greatly appreciated - looking at sell-side models that include 1000 rows and 50 sheets including 50+ assumptions is likely not replicated by a value investor. [link] [comments]  |
| Residual Accrued on Structured Products Posted: 08 Jan 2018 04:02 PM PST Hi, looking for a little help understanding a concept that has come across me. I am seeing an issuer of structured products (ABS/CDO/ect) - is leaving residual accrued following a coupon payment date. What I mean, is the issuer will have - for example - $50,000 in accrued to pay out to it's investors. However, they will only pay off a portion of this. For this example, say they pay out $30,000 of the accrued, leaving $20,000 residual accrued. This means rather than totally resetting their accrued (going back to zero) they are starting the next accrual period with $20,000 which they then accrue more on top of. In fact, it seems that they have to not only continue to accrue at the current rate, but there is additional accrued being applied just to the residual accrued. My question is, why would they do this? I'm not seeing a clear reason as to why they wouldn't want to pay this all outright? Has anyone seen or heard of anything like this? Or know of any resources I could turn to? Any thoughts or follow up questions would be appreciated. Thank you. [link] [comments]  |
| Our Thoughts On and Investment Ideas for 2018 Posted: 08 Jan 2018 06:27 AM PST |
| Question about (over)diversifications Posted: 08 Jan 2018 07:18 AM PST I think research has shown that anything more than 25 or 30 stocks will perform in line with the market. I'm trying to better understand the reason for that (not the theoretical or academic reasons). Suppose one has researched each of these 25 or 30 stocks and developed a view that they are undervalued meaningfully (at least 30% or more). Why would the portfolio then necessarily perform in line with the market? Why can't almost all of these positions deliver alpha and therefore outperform? [link] [comments]  |
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