Value Investing: Introducing Enterprise ValueThe Enterprise Value-to-Sales is an enhancement to the Price-to-Sales Ratio, as EVS provides more information than PSR, so I prefer it.1d ago1d ago
Bitcoin and Gold (BOLD): Opposites AttractThe Bitcoin and Gold correlation has averaged 14% since 2018, making them a naturally diversifying pair — a key point for the BOLD…5d ago5d ago
Value Investing — The Story of Coca-ColaHaving covered momentum in the last series, I now look to value. It is a subject that becomes increasingly important with experience…Nov 24Nov 24
Opposites Attract — Gold Can No Longer Ignore BitcoinThese assets take it in turns, and gold has recently handed the baton back to Bitcoin.Nov 14Nov 14
My Journey in Finance: My Global Trend FundMy experience in running a global equity momentum fund during what later turned out to be the worst period for momo investing on record.Nov 10Nov 10
Understanding What Drives BOLDBlending Bitcoin and Gold on a risk-weighted basis leads to a more favourable outcome than Bitcoin or Gold alone.Nov 5Nov 5
My Journey in Finance: The Momentum CrashThis is a fabulous time to buy the past losers, as The Multi-Asset Investor clients have experienced several times.Nov 3Nov 3
My Journey in Finance: Riding the EscalatorsWith a trend-following strategy, momentum investors end up owning valuable stocks. But for the few that made it to the top, hundreds failed.Oct 27Oct 27
Glitter or GLTERThe World Gold Council (WGC) has tackled gold’s long-term “expected return” (GLTER), a forecasting method for the returns of an asset…Oct 21Oct 21
My Journey in Finance: How to Build a Momentum FundLast week, I kicked off this new series by introducing why momentum works. Please have a look at Why Momentum Works before you carry on.Oct 20Oct 20