The Little Worm That Is Destroying Capitalism

Posted by Jason Apollo Voss on Jun 15, 2015 in Best of the Blog, Blog | 0 comments In response to the Great Recession, central banks continue to engage in massive monetary stimulus to artificially depress the costs of capital. Many commentators have expressed concerns (and I concur) about the inflationary forces they believe must naturally be building up because of this stimulus. Yet, very few commentators have discussed the consequential little worm that is destroying...
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The Top Five Accounting Mistakes Analysts Make

Posted by Jason Apollo Voss on May 12, 2015 in Best of the Blog, Blog | 0 comments Prior to entering graduate school almost 20 years ago, I had a very important phone conversation with an analyst at the Dreyfus Founders Funds, Chuck Reed. That brief phone conversation changed my focus in graduate school — and hence my life. One of the questions I asked Chuck was, “What skills should I acquire that most analysts overlook?” He answered unequivocally, saying, “Most analysts do...
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Margin of Safety: The Lost Art

Posted by Jason Apollo Voss on Apr 7, 2015 in Best of the Blog, Blog | 0 comments In another era, Benjamin Graham, one of history’s greatest investors, opined in The Intelligent Investor about the importance of including a margin of safety in assessing the quality of any investment: “to distill the secret of sound investment into three words, we venture the motto, MARGIN OF SAFETY.” Graham’s many adherents, including the fabulously successful Warren Buffett, Bruce...
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Skills That Separate You as an Investment Manager: Curiosity

Posted by Jason Apollo Voss on Feb 17, 2015 in Blog, Skills That Separate You as an Investment Manager | 0 comments Over the last year I shared many of the skills that separate you as an investment manager that are not covered in formal contexts, such as business school, firm-level training, or even as a part of the CFA Program. In this installment I discuss the benefits of curiosity for investment management success. Tangent to this discussion are my articles on the importance of discernment and context...
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Skills That Separate You as an Investment Manager: Context Creation

Posted by Jason Apollo Voss on Jan 6, 2015 in Best of the Blog, Blog, Skills That Separate You as an Investment Manager | 0 comments For nearly a year now I have been discussing skills that separate you as an investment manager. Wide territory is covered in other articles in the series, ranging from introspection to scaling. Context creation, this month’s subject, takes advantage of intuition, creativity, and a person’s knowledge. Like other topics discussed so far, I address context creation at length in my book The...
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The Intuitive Investor: How to Translate Intuitive Sensations

Posted by Jason Apollo Voss on Dec 9, 2014 in Best of the Blog, Blog, Intuitive Assessment | 0 comments In last month’s piece on intuition I shared tips on how to tune into intuitive sensations. Specifically I focused on the importance of distinguishing between specific consciousness and its emphasis on naming and quantifying sensations, and holistic consciousness and its emphasis on experiencing sensations directly. Yet, for intuitive sensations experienced to be useful to investors, it is...
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