Deep Value Investing

Leader Electronics Corporation Stock Code : 6867

  It has been a long time since I actually had the time to sit down and write. I would like to keep this article short and sweet. Perhaps, maybe this article will allow me to portray the "contrarian" in me.  And by the way, I am invested in Leader Electronics Corporation. So first and foremost, a little profile of Leader Electronics Corporation. About Leader Electronics Corporation Leader Electronics Corporation is in the business of developing measuring instruments and it is a small company  with only 79 employees. Its headquarters is in Japan. Some of the instruments which it develops are: (more…)

Benjamin Graham

The Case For Cosmosteel Holdings Ltd

  Feeling a sense of peace and calm in my life currently, I felt it was time for another article. The hustle of life does get to one sometimes . The chaos, the noise, the incessant flow of the river of life and meaningless, unnecessary unproductive going on's drain my limited life force. Until I find my centre again. And this is my centre. This is it right here. I am living the life I want. Oh! The annual reports. The daily chatter in my mind of earnings, assets, balance sheets and dividends. I start to love my life again immediately. I was born to do this! I love counting and the deepest echoes of my soul tell me this : That I Am Aware Once Again. (more…)

Hong Kong

Emperor Watch – An Undervalued Entity

[caption id="attachment_676" align="aligncenter" width="1280"] Emperor Watch & Jewellery stores line the streets of Hong Kong where tourists and locals abound.[/caption]   Emperor Watch - In my previous musings on investing and life, one of the topics which I wrote about was the idea on valuation. While one can do fancy valuation on a company, it is an extremely subjective exercise at times that can be fraught with inaccuracies. The reason why Buffet does it so darned well in my opinion is because his mental models allow him to validate the value that he is putting on the company. If you are up to Buffet's level of genius, sure, by all means do and invest in what he does. But if you feel that you may be lacking in that department, it may be wise to take another approach. Which is to look at companies through the lens of statistical cut off points. The frequentist in me looks for value through those very filters. And then, the deep dive into the annual reports before puling the trigger. (more…)