Value investing

This page dedicated to articles about value investing. Feel free to browse the value investing archive below.

Three years of value investing: a review

In 2018, after over a year of reading books and articles on value investing, I thought I was ready to tackle the deceptively easy craft of stock-picking. How wrong I was. This article gives a quarter-by-quarter performance review of my value investing activities since 2018 and shares some of my personal reflections. [Estimated reading time:…

How important are dividends?

Dividends are quite a holy grail in investing in Singapore. But how much should dividend yields influence our investment decisions? In this article, we present a discussion of some points relating to the role of dividends in value investing. [Estimated reading time: 8 mins] Many Singaporeans (embarrassingly, at times including myself) seem to think of…

How to start a modest value investing portfolio (with just S$5k)

If you are enthralled by the idea of “buying dollar bills for forty cents” and cannot wait to get started, this article is for you. We give a step-by-step guide to starting your own value investing portfolio with a relatively small initial investment. [Estimated reading time: 5 mins] Suppose that you had S$5k which you…

Intrinsic value of a business

Value investing is all about buying shares of businesses at steep discounts to intrinsic value. But how does one go about calculating intrinsic value? We share our opinions about valuation in this article. [Estimated reading time: 10 mins] In our previous article What is value investing?, we briefly introduced the idea of the intrinsic value…

What is value investing?

The term ‘value investing’ has long been associated with legendary investors such as Warren Buffett, Peter Lynch, Seth Klarman, and Joel Greenblatt. But what exactly does value investing entail? Warren Buffett described value investing as “buying dollar bills for forty cents”. Read on to find out what this means. This article, intended for the reader…