Hammers and Hanging Men
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Hammers and Hanging Men » Lessons from Value Investor Mark Sellers
Mark Sellers is the managing member of Sellers Capital LLC. His fund averaged 30%+ over a 5 year period. The principles below are from one of his 2007 letters to his shareholders. In 2008, he retired and announced that he will be liquidating his fund. How the fund operates • The fund is divided into two specific classes of stock … [Link]
Hammers and Hanging Men » Leadership Lessons from a Dancing Guy
Derek Sivers gave an eyeopening talk on this year's ted conference on how the first follower turns a nut into a leader. [Link]
Hammers and Hanging Men » A Daunting Challenge
"It is tedious to review company after company, only to find that most are neither really special nor greatly undervalued. It is equally tedious to hold shares in a good company for an extended period. Even if the investment does well, most of the time it feels like the stock is treading water or even going down. Part of the … [Link]
Hammers and Hanging Men » Rory Sutherland: Life lessons from an ad man | Video on TED.com
Rory Sutherland: Life lessons from an ad man | Video on TED.com [Link]
Hammers and Hanging Men » No title
Its been months since i wrote anything in here, i took a break and totally forgot i even had a blog. 2009 was a busy but good year, a new venture i started is doing well and investments in the local stock market have paid off bigtime for me, with the entire portfolio going over 150%. Thank you GMA7, AC, … [Link]
Hammers and Hanging Men » MythBuster Adam Savage's Colossal Failures
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Hammers and Hanging Men » Secrets of the Sleeping Brain
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Hammers and Hanging Men » Inverted H&S Breakout
traders must be celebrating right now as the DOW has broken out of an inverted head and shoulders pattern- a powerful bottoming and trend reversal pattern. many could take this as a sign that the worst is over and a bull run will start once more. without any positive developments in the real economy, any bull run could be short … [Link]
Hammers and Hanging Men » Buffetts 3 rules
WEB's 3 rules for the average person.If it seems too good to be true, it probably is.Always look at how much the other guy is making when he is trying to sell you something.Stay away from leverage. Nobody ever goes broke that doesn't owe money.There's no mention of intrinsic values, durable competitive advantages, or even buy-and-hold. Well, if you are … [Link]
Hammers and Hanging Men » Beating Goliath
People see David's victory over Goliath in the biblical account as a fluke, maybe its not. Maybe every underdogs' upset win over the favorite is not always due to luck. David came at Goliath with a sling shot and a staff, lets not forget that he was a shepherd. These were the tools that he knew. So instead of fighting … [Link]
Hammers and Hanging Men » On Perfomance
Why should you care if you underperform the market year-to-date, if you have beaten it on average performance for the last 5 years right? Besides, the year isnt over and your holdings still isnt over valued.Ofcourse one cant completely disregard managing the short term for above average long term performance, after all, no one ends the year with a profit … [Link]
Hammers and Hanging Men » Quotes
We believe that according the name "investors" to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a "romantic". [Link]
Hammers and Hanging Men » To sell or not to sell
During the course of any bear market, value investors gain confidence and grab the opportunity of buying "cheap" under valued stocks knowing full well that they will be holding on to these atleast for the next five years. Thats the usual value investor time line. Give businesses time to move and for gains to compound.We see that as early as … [Link]
Hammers and Hanging Men » Quote
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.-Buffet [Link]
Hammers and Hanging Men » Nobelist Daniel Kahneman On Behavioral Economics
Daniel Kahneman – Daniel Kahneman is Eugene Higgins Professor of Psychology and Professor of Public Affairs Emeritus at Princeton University. He was educated at The Hebrew University in Jerusalem and obtained his PhD in Berkeley. He taught at The Hebrew University, at the University of British Columbia and at Berkeley, and joined the Princeton faculty in 1994, retiring in 2007. … [Link]
Hammers and Hanging Men » thoughts: Dubai's Sand Castles
Dubai's Sand Castles from Time.comDubai's "world" project is getting scrapped as the world economy sinks deeper into camel poo and their extravagant realestate dreams are getting shattered. 
i've always wanted to get a small country. should we be expecting a sudden surge of balikbayan architects from the oasis?. maybe. [Link]
Hammers and Hanging Men » An Investing Principles Checklist: from Poor Charlie’s Almanack
Risk – All investment evaluations should begin by measuring risk, especially reputational Incorporate an appropriate margin of safety Avoid dealing with people of questionable character Insist upon proper compensation for risk assumed Always beware of inflation and interest rate exposures Avoid big mistakes; shun permanent capital loss Independence – “Only in fairy tales are emperors told they are naked” Objectivity … [Link]
Hammers and Hanging Men » The Science of Shopping
After stubling upon that lenghty video from Gladwell, i found my self wanting more from the guy aside from his books. I eventually found an old goldnugget from way back in 1996, written for the New Yorker. >>>Science of Shopping – Malcolm Gladwell Science of Shopping – Malcolm Gladwell Taige Zhang Publish at Scribd or explore others: How-to-Guides & Manu … [Link]
Hammers and Hanging Men » Gladwell on Outliers
Malcolm Gladwell (born September 3, 1963) is a British-born Canadian journalist, author, and pop sociologist,[1] based in New York City. He has been a staff writer for The New Yorker since 1996. He is best known as the author of the books, The Tipping Point (2000), Blink (2005), and Outliers (2008). – wikipedia.comBlink is possibly the best book on our … [Link]
Hammers and Hanging Men » PSEi breaks out of a downtrend
The PSE's main index has broken a major downtrend for the first in 8 months. Last September, the index broke the trend , but macd and rsi indicators then were weak. Prices fell back into it a month later and plummeted even lower. This morning, after weeks of a rising macd and rsi trend, the index broke a major downtrend … [Link]