Ideas Sourcing

[justinbaka]

Hey guys,

 

As a first post, appreciate it if I can obtain some opinions regarding a few sources for ideas generation. What do you guys think of these and if any have used these sources? These are probably the more affordable ones albeit MOI being slightly more expensive.

 

1. Value Investor Insight

2. Manual of Ideas

3. Old School Value (more of a quick analyser)

4. Guru Focus

 

Appreciate your thoughts!

 

Thank you.

 

Regards,

[innerscorecard]

Start with 13Fs. Fresh batch out today. Munger told Pabrai this as one of his three tips. And Jim Chanos has said that funds shouldn't have to release 13Fs as they provide an unfair advantage to copycats. With 13Fs, you can sort of be like the guy who outraged Walter Schloss by thanking Graham for all the money Graham made the guy unintentionally by making his ideas public.

[peter1234]

www.cornerofberkshireandfairfax.ca

www.valuewalk.com

www.valueinvestorsclub.com

 

13F is great for tons of raw ideas. Works best for longer time holders.

 

Try to figure out which investors' ideas you like.

 

Read and listen to investors talking about their ideas so you understand the thesis.

 

Get free samples of publications and subscribe if you like them.

 

:)

[bookie71]

One of the best is Forbes 400 fastest growing small companies, BUT you have to be very picky as most are already overpriced, but you can usually pick up one or two winners.

[Guest notorious546]

i subscribe to manual of ideas. i think its decent despite it being pricey. I'm still in early stages of learning where i've started to go through 13-F's of managers that i like to learn about or from.

 

i dont plan to pay for it again until i'm done reading all the buffetts annual reports

[Guest Schwab711]

As obvious as it sounds, after reading this article I started doing this every 6 months or so (you'll be surprised how qiuck you can go through them if you limit your investigations to US companies with operations). I have gained so many ideas over the past 18 months from going through everything by looking up financials and google search. You can complete a company/second on average with a good enough internet connection and you can skip nearly 50% based on very loose criteria of trading above a nickel and has operations.

 

You'll learn a lot, see companies you never thought were public (probably some local favorite is available), and truly learn what your circle of competence is.

 

http://www.valueuncovered.com/a-journey-through-the-pink-sheets-3698-stocks-later

[augustabound]

Similar to what Adam did but this person screens them down first,

http://valuelifestyle.wordpress.com/2014/01/12/the-search-for-unusual-mispricing/

 

[Travis Wiedower]

Several good answers so far. I'll add:

[*]openinsider.com - easy to scan for recent insider purchases.

[*]52-week highs and lows - some people like the high list for growth companies, I personally like the low list. I use barchart.com for these but they can be found in many places.

[*]Blogs, blogs and more blogs. whopperinvestments, otcadventures and basehitinvesting are a couple of my favorites but there are a ton. I just discovered Glenn Chan's blog recently (thanks to this site) and have been impressed so far.

[justinbaka]

Thanks for all the tips and recommendations! Appreciate it!

[KCLarkin]

 

• 52-week highs and lows - some people like the high list for growth companies, I personally like the low list. I use barchart.com for these but they can be found in many places.

 

 

The 52-week low might have some diamonds but you need to be selective due to momentum effects:

 

http://www.bauer.uh.edu/tgeorge/papers/gh4-paper.pdf

 

The results indicate that a strategy based on the 52-week low is not profitable. Some of the regression coefficients on the 52-week low loser dummy are

significant in the upper panel, but they pale by comparison to those of the JT strategy. More importantly, none of the returns to the 52-week low strategy

reported in the bottom panel are significant. The JT and MG strategies earn significant profits. For (6, 6) strategies in raw returns, JT and MG earn 0.71

and 0.24% per month, both significant, while the 52-week low strategy earns an insignificant 0.13%. This is in sharp contrast to the profits reported in Table V.

The 52-week high strategy’s return is a significant 0.65% and dominates the 0.38% of JT and the 0.25% of MG.

[AzCactus]

I use:

 

1. 13F's-Usually I do not look at ideas unless they are more than 5% of the portfolio

2. Corner of Berkshire and Fairfax

 

Also, Seekingalpha can be useful for analysis and spinoffmonitor works well too.

 

 

[UNF2007]

I use several things, WSJ, Barrons (has a section for 13-F), Manuel of Ideas, Value Investor Club, Value investor insight, lots of blogs set up in a news aggregator to make it easier to look through them all , and of course here. Also I have an alert from the SEC for the SC-TO I and C filings for the occasional odd lot tender( still have yet to participate in one though ). I have a sub to the magic formula site, and will run that screen every 6 mo or so to see what comes up.  One thing I have been thinking about incorporating into the routine is looking at the Piotroski score portfolio stocks, which I learned about through the model portfolios that the AII puts out.

[LC]

i use whalewisdom to quickly see 13f changes. does anyone know of a more intuitive one?

 

also, does anyone have a good website for insider trades?