{"id":148,"date":"2011-01-30T20:00:42","date_gmt":"2011-01-30T20:00:42","guid":{"rendered":"https:\/\/valueinvestorasia.com\/?p=148"},"modified":"2015-08-29T22:26:40","modified_gmt":"2015-08-29T22:26:40","slug":"january-2011","status":"publish","type":"post","link":"https:\/\/www.valueinvest.com\/hongkong\/january-2011\/","title":{"rendered":"January 2011"},"content":{"rendered":"<div class=\"column span-11 first\">\n<h4>January 2011       Issue 1<\/h4>\n<p>The Value Investor Digest is a listing of the most interesting articles and reference material on value investing we come across, providing you a brief synopsis and a link to the original source. We will publish this periodically as we collect relevant material.  If you come across anything that you think we should include in future updates, please send them to us.<\/p>\n<h4><strong><strong><span style=\"color: #993366;\">Warren Buffett on the secret of his success<\/span><\/strong><\/strong><\/h4>\n<p><a title=\"blocked::http:\/\/www.youtube.com\/watch?v=8MEcjgvT2FA\" href=\"http:\/\/www.youtube.com\/watch?v=8MEcjgvT2FA\" target=\"_blank\">http:\/\/www.youtube.com\/watch?v=8MEcjgvT2FA<\/a><br \/>\nThis is a 6 minute clip, in which Warren Buffett talks about what he thinks have been the key ingredients and building blocks of his success.  It\u2019s a good introduction to Buffett, in which he sets out the advantages of starting out early (he started reading investment books when we was 7 years old), the fact that you don\u2019t need a 160 IQ (130 will do) and the inspiration he drew from Benjamin Graham.<\/p>\n<h4><strong><strong><span style=\"color: #993366;\">Vitaly Katsenelson\u2019s recommended booklist \u2013 2010<\/span><\/strong><\/strong><\/h4>\n<p><a title=\"blocked::http:\/\/contrarianedge.com\/2010\/11\/09\/recommended-book-list-2010-part-1\/\" href=\"http:\/\/contrarianedge.com\/2010\/11\/09\/recommended-book-list-2010-part-1\/\" target=\"_blank\">http:\/\/contrarianedge.com\/2010\/11\/09\/recommended-book-list-2010-part-1\/<\/a><br \/>\nSome of you may have read Katsenelson\u2019s interesting book, Active Value Investing; in this article the author lists some of the best books that relate to Value Investing.<\/p>\n<h4><strong><span style=\"color: #993366;\">Warren Buffett interviewed by Carol Loomis<\/span><\/strong><\/h4>\n<p><a title=\"blocked::http:\/\/money.cnn.com\/video\/news\/2010\/10\/05\/n_buffett_MPW.fortune\/\" href=\"http:\/\/money.cnn.com\/video\/news\/2010\/10\/05\/n_buffett_MPW.fortune\/\" target=\"_blank\">http:\/\/money.cnn.com\/video\/news\/2010\/10\/05\/n_buffett_MPW.fortune\/<\/a><br \/>\nThis is a 40 minute interview in which Buffett covers, in typically lucid fashion, a broad range of topics:  the state of the BRK operating businesses, the challenges in the Euro zone, inflation, Wall Street, China, the gifts (ties!) he has received from Barack Obama and his long-term confidence in the US economy; he even throws in some amusing marital advice.  He is interviewed by Carol Loomis, the Fortune financial journalist who edits his annual Shareholder letter and who is on the panel that selects the public\u2019s questions at the AGM.<br \/>\n[Thanks to David Lau for forwarding this]<\/p>\n<h4><strong><span style=\"color: #993366;\">Why Some of the strongest firms disappointed investors<\/span><\/strong><\/h4>\n<p><a title=\"blocked::http:\/\/www.morningstar.com\/cover\/videoCenter.aspx?id=352549&amp;SR=EVZ128\" href=\"http:\/\/www.morningstar.com\/cover\/videoCenter.aspx?id=352549&amp;SR=EVZ128\" target=\"_blank\">http:\/\/www.morningstar.com\/cover\/videoCenter.aspx?id=352549&amp;SR=EVZ128<\/a><br \/>\nAuthor and analyst, Pat Dorsey, of Morningstar contrasts the 10 year performance of three stocks, Cisco, J&amp;J and Yum Brands to illustrate in a very simple way the importance of Margin of Safety and buying value.<\/p>\n<h4><strong><span style=\"color: #993366;\">Joel Greenblatt at the Value Investing Congress<\/span><\/strong><\/h4>\n<p><a title=\"blocked::http:\/\/www.valueinvestingcongress.com\/downloads\/p10\/greenblatt\/formula_investing_video.php\" href=\"http:\/\/www.valueinvestingcongress.com\/downloads\/p10\/greenblatt\/formula_investing_video.php\">http:\/\/www.valueinvestingcongress.com\/downloads\/p10\/greenblatt\/formula_investing_video.php<\/a><br \/>\nThis video of Joel Greenblatt presenting at the recent Value Investing Congress in New York, explains the underlying basis for and continued success of the \u201cmagic formula\u201d in the \u201cLittle Book that beats the market\u201d and illustrates just how psychologically difficult it is to consistently apply the formula over time.   It is worth downloading the PDF of the presentation before you watch the video.<\/p>\n<p><strong>Compiled by Metropolis Capital<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>January 2011 Issue 1 The Value Investor Digest is a listing of the most interesting articles and reference material on value investing we come across, providing you a brief synopsis<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/www.valueinvest.com\/hongkong\/wp-json\/wp\/v2\/posts\/148"}],"collection":[{"href":"https:\/\/www.valueinvest.com\/hongkong\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.valueinvest.com\/hongkong\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.valueinvest.com\/hongkong\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.valueinvest.com\/hongkong\/wp-json\/wp\/v2\/comments?post=148"}],"version-history":[{"count":0,"href":"https:\/\/www.valueinvest.com\/hongkong\/wp-json\/wp\/v2\/posts\/148\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.valueinvest.com\/hongkong\/wp-json\/wp\/v2\/media?parent=148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.valueinvest.com\/hongkong\/wp-json\/wp\/v2\/categories?post=148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.valueinvest.com\/hongkong\/wp-json\/wp\/v2\/tags?post=148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}