A guided journey revealing hidden values and buried treasures while negotiating the investing landscape.
A metaphorical journey through the hot, shifting sands of the capital markets ‘desert’ to awaken readers to the urgency of the "Behavior Gap" - a chronic gap of under-performance relative to the markets experienced by investors worldwide.
This is a roadmap of portfolio management concepts and contrarian tactics that can turn misbehaviors, undue risks, and short-term gambles into longer-term strengths. Through 27 chapters and four tiers, the author progressively introduces more powerful tools & techniques used in the founding and ongoing management of the Oasis Growth Fund, a North American Hedge Fund.
Table of Contents
About the Author xi
List of Abbreviations xiii
Introduction xv
Foundation 1
Chapter 1: Eyes Wide Open 3
Chapter 2: Choosing the Right Path 13
Chapter 3: Risk 101 31
Chapter 4: Setting the Asset mix 45
Chapter 5: Firming Our “Backbone” 59
Chapter 6: The Case for a Planner/Advisor 69
Foundation Comments 83
The Investing Oasis: Tier 1 85
Chapter 7: The Oasis Growth Fund (OGF) Model 87
Chapter 8: Stock Selection: Quantitative Filters 97
Chapter 9: Stock Selection: Brains and the Brawn 111
Chapter 10: Stock Selection: Qualitative Filters 119
Chapter 11: Stock Selection: 3+ Degrees of Diversification 131
Chapter 12: Portfolio Construction: Equal- Weighting a Portfolio 145
Chapter 13: Beware Those Temptations 153
Tier 1 Summary 161
The Investing Oasis: Tier 2 163
Chapter 14: The Buy- in 165
Chapter 15: Contrarian Rebalancing 183
Chapter 16: A Hidden Well of Income 193
Tier 2 Summary 203
The Investing Oasis: Tier 3 205
Chapter 17: Warren B - The Ultimate Contrarian 207
Chapter 18: Contrarian Cash and Leverage 213
Chapter 19: Digging for Buried Treasures 227
Chapter 20: Emotion-free Selling 247
Tier 3 Summary 255
The Investing Oasis: Tier 4 257
Chapter 21: “Storm” Forecasting 259
Chapter 22: “Rounding Up the Camels” 267
Chapter 23: Portfolio Protection 281
Tier 4 Summary 301
Chapter 24: Putting It All Together 303
Chapter 25: The Next- Gen Financial System 311
Chapter 26: A Case for Active Management 321
Chapter 27: Tools and Resources 325
About the Website 333
Index 335
