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Episode 23: Keep it simple, stupid!

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Manage episode 271966798 series 2660668
Content provided by Low Rates High Returns, Pete Wargent, and Stephen Moriarty. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Low Rates High Returns, Pete Wargent, and Stephen Moriarty or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this week’s episode we discuss systematic simplicity, and how more moving parts can mean that there are more things to go wrong.Here’s what we cover and discuss:•Why discounted cashflow calculations are difficult•What’s the best way to value a company?•How the great investors can end up with simple systems and variables•Do computers add any value for investors?•Why simple doesn’t mean thoughtless•Some simple models for investing•Calm and circumspect: how systems can reduce emotional reactions•Repeating behavioural investing•Good decades and not-so-good decades•Why are investors drawn to complexity?•Our 8 timeless principles for investingBooks referred to:Ben Graham - Security AnalysisBen Carlson – A Wealth of Common SenseBen Graham – The Intelligent InvestorJames Montier – Value InvestingThanks for listening!Download a free chapter from our book ’Low Rates, High Returns’https://www.lowrateshighreturns.com/podcastPete Wargent:www.petewargent.com/www.linkedin.com/in/pete-wargent-37228322/Stephen Moriarty:twitter.com/SGM63

Hosted on Acast. See acast.com/privacy for more information.

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71 episodes

Artwork
iconShare
 
Manage episode 271966798 series 2660668
Content provided by Low Rates High Returns, Pete Wargent, and Stephen Moriarty. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Low Rates High Returns, Pete Wargent, and Stephen Moriarty or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this week’s episode we discuss systematic simplicity, and how more moving parts can mean that there are more things to go wrong.Here’s what we cover and discuss:•Why discounted cashflow calculations are difficult•What’s the best way to value a company?•How the great investors can end up with simple systems and variables•Do computers add any value for investors?•Why simple doesn’t mean thoughtless•Some simple models for investing•Calm and circumspect: how systems can reduce emotional reactions•Repeating behavioural investing•Good decades and not-so-good decades•Why are investors drawn to complexity?•Our 8 timeless principles for investingBooks referred to:Ben Graham - Security AnalysisBen Carlson – A Wealth of Common SenseBen Graham – The Intelligent InvestorJames Montier – Value InvestingThanks for listening!Download a free chapter from our book ’Low Rates, High Returns’https://www.lowrateshighreturns.com/podcastPete Wargent:www.petewargent.com/www.linkedin.com/in/pete-wargent-37228322/Stephen Moriarty:twitter.com/SGM63

Hosted on Acast. See acast.com/privacy for more information.

  continue reading

71 episodes

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