Launching Quality + Value Strategies: Outperform By Investing In A Company’s Current Wealth – Seeking Alpha
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Editor’s note: This article is meant to introduce David J. Waldron’s new Marketplace service Quality + Value Strategies.
On behalf of the Seeking Alpha Marketplace team, I am excited to announce the official public launch of Quality + Value Strategies. Using a proprietary analysis to uncover fundamental value, our mission is to inspire members to build and maintain portfolios of the shares of quality enterprises that fund life’s essential milestones.
As part of the official public launch, between now and May 31, 2022, in addition to Seeking Alpha’s 14-day free trial, as founding members of Quality + Value Strategies, new subscribers will receive a 55% savings on an annual subscription or just $215 versus the $40 month-to-month option.
Why Quality + Value Strategies?
For some background, in 2009, I transitioned to bottom-up value investing after struggling as a top-down growth investor for several years. By modeling the guiding principles of legendary investors, such as Warren Buffett, Benjamin Graham, Peter Lynch, and Howard Marks, I began to pick stocks driven by their influential collective wisdom, which became the foundation of Quality + Value Strategies.
Buffett on profiting from the magic of compounding:
The ideal business is one that earns very high returns on capital, and that keeps using lots of capital at those high returns. That becomes a compounding machine.
-Warren E. Buffett in an answer to an audience question at the 2003 Berkshire Hathaway, Inc. (NYSE:BRK.A) (NYSE:BRK.B) annual shareholder meeting.
Graham on owning stocks protected by a wide margin of safety:
Confronted with a challenge to distill the secret of sound investment into three words, we venture the following motto, ‘Margin of Safety.’
-Benjamin Graham, The Intelligent Investor (New York: Harper Collins, 1949)
Lynch on keeping investing super simple:
Never invest in any idea you can’t illustrate with a crayon.
-Peter Lynch (with John Rothchild), Beating the Street (New York: Simon & Schuster, 1993, 1994)
Marks on investing in present value instead of speculative growth:
The choice isn’t really between value and growth but between value today and value tomorrow. Growth investing represents a bet on company performance that may or may not materialize in the future, while value investing is based primarily on the analysis of a company’s current wealth.
-Howard Marks, …….