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Invest with Style - GuruFocus.com
What are we left with? Investing for emotional reasons. Or for reasons that cannot be supported by data. This is likely to be difficult for bigger funds with more institutional decision-making processes managing more AUM. Gut feel is easier for angels, micro-VCs and maybe solo-GPs. Emerging managers to tend to outperform peers in terms of returns, ... See more
Lawrence Lundy-Bryan • data-driven VC is over
Value investing, the strategy of buying stocks at an appreciable discount from the value of the underlying businesses, is one strategy that provides a road map to successfully navigate not onlythrough good times but also through turmoil. Buying at a discount creates a margin of safety forthe investor—room for imprecision, error, bad luck or t... See more
Seth Klarman • Seth A. Klarman remarks at MIT
As he listens, he keeps pondering the same underlying questions: “What am I missing? Who’s doing something that no one else is doing? How can I get better?” His aim is never to replicate other investors’ behavior. “You can’t mimic them because you’re not them,” he says. “Learn it and adapt it and modify it into your own process.”