💡 Value Investing Book Club
From the latest edition of Unvalidated Ideas:
Have you heard of our lord and savior John "Jack" Bogle? If you haven't, check out r/bogleheads and prepare to have your mind blown.
As of now nearly 208,000 people are excited about passive investing via index funds, based on the theory and philosophy of Jack Bogle. They're a super engaged community, but they could be more.
💼 🧠Create a parallel value investing community, focused around reading, thinking about and discussing classic value investing books.
(Read the rest in the latest edition!)
Have you ever heard of Value Investing app called Company 360 https://apps.apple.com/us/app/company-360/id1464857130 ?
If you haven’t, I suggest that 200k bogleheads download the app and sign up for subscription.
They will be excited about:
Valuation based on key indicators, P/E Ratio and prof. Benjamin Graham (Warren Buffett’s teacher) formulas for intrinsic value.
Formulas and input data are explained in detail.
Dividend Yield calculation.
Formulas below are based on academic research:
Magic Formula Screener.
Financial Strength (Piotroski F-Score): Formula that identified financially strong companies even during crisis of 2007-2008.
Bankruptcy Test (Altman Z-Score): Formula to check if company is heading for bankruptcy.
Earnings Fraud Test (Beneish M-Score): Formula that exposed earnings manipulation by Enron.
Sentiment:
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And I will be excited about early and well deserved retirement.
Hahah, looks like the idea is already well validated and working :) Best of luck with Company 360!