Valuentum Exclusive Analysis for the Discerning Investor

The Wisdom of Oaktree's Howard Marks
Image Source: emmolos. The latest memo from Oaktree's Howard Marks here should be read and then read again. The section on passive investing is an absolute treasure. "Passive investing is done in vehicles that make no judgments about the soundness of companies and the fairness of prices. More than $1 billion is flowing daily to “passive managers” (there’s an oxymoron for you) who buy regardless of price. I’ve always viewed index funds as “freeloaders” who make use of the consensus decisions of active investors for free. How comfortable can investors be these days, now that fewer and fewer active decisions are being made?" -- Howard Marks, Oaktree Capital

Sep 7, 2017

Adviser Fees on Indexed Assets Can Eat Up Your Nest Egg?
Indexing sounds like an easy way to track the market's performance, but if your indexed assets are held in financial advisors' accounts, it can come with a big cost: significant underperformance. Over 20 years, we estimate in this hypothetical example that the cumulative cost as a result of a 1% annual financial advisor fee on indexed assets can amount to as much as 66% of a saver's initial investment -- just for holding an index fund. Please be careful out there!

Jul 14, 2017

Systemic Risk in These Frothy Times
Image shown: Nelson's Syllogism of the Stock Market. Let’s talk about index investing, market valuations, and mention how a few ideas in the portfolio of the Best Ideas Newsletter are doing.

Jun 20, 2017

Best Ideas, Dividend Growth Newsletter Alerts and More
Image shown: The stock price performance of Boeing. Let’s take a look at recent news from newsletter portfolio holdings. We’re also parting with a “trade” we never should have made in the first place, and we’re letting go of one of our favorite restaurants in light of deteriorating technicals. This and more...

May 18, 2017

ETF Analysis: Utilities
Utilities sector ETFs diversify away firm-specific regulatory uncertainty, geographic concentration risk, and the unregulated business volatility of any one particular operator.

Apr 1, 2017

First Quarter 2017 Comes To A Close
“Be sure to continue to study the difference between price and value—just because a stock’s price has advanced doesn’t make it more expensive if the value of its enterprise has increased at a faster rate. If you understand this concept, you may be smarter than 99.9% of the investing population.” – Brian Nelson, CFA

Feb 23, 2017

Is Clean Energy Just Burning Cash?
Image Source: Chuck Coker. Clean or renewable energy sources will undoubtedly be a part of how we generate power in the future, but how investible is the space? The answer is largely dependent on your risk tolerance.

Dec 13, 2016

Utilities and Telecoms to Benefit Most from Corporate Tax Reduction?
Image Source: Michael Vadon. Speculation over which sectors may be the biggest beneficiaries of the incoming Trump administration has been running rampant in recent weeks. Let’s get our brief thoughts on two specific sectors, the utilities and telecom areas. What impact might a potential reduction in corporate tax rates provide for companies operating in these two segments?

Dec 10, 2016

Image: Returns Following the Trump Victory
The stock market is at all-time highs…again. Optimism about what the Trump administration might bring is the main driver, and many are pointing to reduced corporate taxes, translating to higher dividend payments, as reasons to be even more optimistic.

Dec 7, 2016

Valuentum Weekly Web Commentary
Let’s take a look at some of the Valuentum Team’s commentary from the past week.

Valuentum Exclusive Analysis for the Discerning Investor Symbol Keyword

Member Login

Newsletters/Portfolios

Dividend Cushion

Stock Screens

Products & Tools

Value Trap

The Buying Index, VBI

Dividend Changes

Valuentum Exclusive Analysis for the Discerning Investor