Nuggets of Investing Wisdom

Nuggets of Investing Wisdom

A website for serious investors in common stocks

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What it takes to be a successful investor

  • by Rodney Smith
  • Posted on December 13, 2020December 13, 2020
  • Part 3: Thoughts for the Individual Investor

The personal qualities necessary for success can be nurtured. In time, the personal qualities will fully develop.

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The impact of Millennials on the stock market

  • by Rodney Smith
  • Posted on December 6, 2020December 6, 2020
  • Part 1: The Field of Play

Today the Millennial generation is engaged in earning, saving and investing.

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Stock valuation in an age of intangible assets

  • by Rodney Smith
  • Posted on November 29, 2020December 1, 2020
  • Part 7: Building and Managing a Portfolio

About forty years ago Buffett experienced a Damascene conversion

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How to identify companies that make lots of money for shareholders

  • by Rodney Smith
  • Posted on November 22, 2020November 22, 2020
  • Part 6: The Hallmarks of Superb Businesses

Economic performance focuses on effective use of the capital invested in the company

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Your investment style may be stuck in a bad grove in a changing world

  • by Rodney Smith
  • Posted on November 15, 2020November 15, 2020
  • Part 2: Human Foibles and Investment Decision Making

It’s not that the contrary views aren’t there. We just ignore them.

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Let’s cut to the heart of how risk and uncertainty impact diversification

  • by Rodney Smith
  • Posted on November 9, 2020November 10, 2020
  • Part 1: The Field of Play

Diversification is inadequate as a risk management technique and too primitive for the new environment of volatility and uncertainty.

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An all bank portfolio, ETFs and mistaken notions of diversification and balance

  • by Rodney Smith
  • Posted on November 1, 2020January 12, 2021
  • Part 7: Building and Managing a Portfolio

As the play, The Merchant of Venice, unfolds, all of Antonio’s ships sink, his business collapses and Shylock demands his pound of flesh.

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Active investing is the only way to superior returns

  • by Rodney Smith
  • Posted on October 25, 2020February 22, 2021
  • Part 1: The Field of Play

A small percent change in total returns achieved both before and after retirement can make a huge difference in your standard of living after retirement

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The rise of passive investing and opportunities for active investors

  • by Rodney Smith
  • Posted on October 18, 2020February 6, 2021
  • Part 1: The Field of Play

The rise of passive investing and systematic investing may lead to greater stock market inefficiency. It will have little negative impact on active investors.

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Does Wisdom of Crowds apply to earnings estimates, price targets, value estimates and stock prices?

  • by Rodney Smith
  • Posted on October 11, 2020January 14, 2021
  • Part 2: Human Foibles and Investment Decision Making

The behavioral tail can wag the statistical dog

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