Victor Wendl

Contributor since: 03 Jun 2014

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• Buying Stocks Trading Below Net Current Asset Value Versus Market Timing

  Published 27 November 2015 | viewed 0 times

  Given the fees derived from selling funds to the retail public, financial institutions have little incentive to be bearish on the stock market. These financial…

• Net Net Investors are The Knuckleball Pitchers of Value Investing

  Published 29 October 2015 | viewed 0 times

  Another postseason in baseball is here, and Bob Gale, the writer/producer of Back to the Future II, swings but misses on his forecast for a…

• Learn from Those Who Brew Beer How to be a Better Financial Advisor

  Published 02 October 2015 | viewed 0 times

  Wherever large enclaves of European immigrants settled in America, it would not take long for a handful of breweries to open for business in the…

• A Dim Light Shines out of the Deep Value Investing Cave

  Published 24 August 2015 | viewed 0 times

  One tea leaf indicator that is used to get a sense of the future direction of the overall stock market is the number of stocks…

• Deep Value Investing When Interest Rates are Zero

  Published 03 August 2015 | viewed 0 times

  While sitting next to the chief executive officer (CEO) of Blackrock on a panel at the recent Delivering Alpha Conference, billionaire Carl Icahn commented on…

• Benjamin Graham's Defensive Versus Enterprising Investor Performance Over the Dismal Decade of 2000-2009

  Published 23 July 2015 | viewed 0 times

  In a previous blog (see Benjamin Graham's Value Investing versus the Robo-advisor), I included a chart outlining the performance of the United States stock market…

• Learn from Ants on How to be a Better Value Investor

  Published 12 May 2015 | viewed 0 times

  Stanford University Professor Deborah Gordon spends her days analyzing the behavior of harvester ants that populate the dry desert of Arizona. She's observed how an…

• The Environment One Endures Defines the Value Investing Path Chosen

  Published 23 April 2015 | viewed 0 times

  Jared Diamond in his book Guns, Germs, and Steel: The Fates of Human Societies provided compelling evidence on why certain groups of people manage to…

• Go Ugly Early When it Comes to Benjamin Graham's Stocks

  Published 30 March 2015 | viewed 0 times

  Trading below Net Current Asset Value What percentage of students in a typical high school would be classified as part of the in-crowd? I'm confident…

• A Performance Summary of Previous Studies Analyzing Benjamin Graham's Net Current Asset Value Stock Selection Criterion

  Published 27 February 2015 | viewed 0 times

  The table below is a summary of various studies that analyzed the performance of Benjamin Graham's stock filtering criterion of purchasing stocks trading below net…

• The Magic of Deep Value Investing

  Published 03 February 2015 | viewed 0 times

  I always enjoyed magic tricks as a child, so when the movie The Prestige was released in 2006, I was eager to see it. Early…

• Benjamin Graham's Value Investing versus The Robo-advisor

  Published 24 December 2014 | viewed 0 times

  We live in a time period where the "winner-takes-all" outcome is no longer restricted to a handful of industries. Actors and professional athletes are two…

• A Bird's-eye View of Value Investing Conceals its Superior Performance

  Published 04 December 2014 | viewed 0 times

  During the mating season, the male Iberian emerald lizard changes color from the neck up. This transformation from green to turquoise is a double-edged sword…

• The Faustian Contract of Deep Value Investing

  Published 18 November 2014 | viewed 0 times

  Imagine someone who is interested in pursuing a career as a money manager. Let's assume he's not a rich kid from Greenwich, Connecticut, and has…

• Value Investing in an Environment of Accelerating Technological Change

  Published 03 November 2014 | viewed 0 times

  The director of research at Google, Ray Kurzweil, wrote a book a number of years ago titled The Singularity. It is a point in the…

• The Financialization of Value Investing

  Published 16 October 2014 | viewed 0 times

  When the New York Stock Exchange first set up shop, stocks traded in minimum increments of 1/8 = $0.125 dollars. This system was probably a…

• The Biggest Loser of Value Investing

  Published 26 September 2014 | viewed 0 times

  My investment advisory firm is located within a five-minute drive of the Mississippi River here in the St. Louis metropolitan area. Not long ago, I…

• Oil Versus Deep Value Investing Smack-Down

  Published 09 September 2014 | viewed 0 times

  The latest U.S. Census Bureau statistics show more people currently on some form of means-tested public assistance than working full-time. Fortunately, that dismal employment statistic…

• What Small Businesses Can Learn About Diversification From Ferguson

  Published 26 August 2014 | viewed 0 times

  I've been running my investment advisory firm here in the St. Louis area for the last twenty years. My physical proximity to other businesses struggling…

• Who Is John Galt and What Stocks Would He Buy? Part II

  Published 12 August 2014 | viewed 0 times

  Ayn Rand's novel, Atlas Shrugged, describes a world that was on a slow but steady path toward ever more central planning by meddling bureaucrats interfering…