Farnam Street October 2019: On Investment Faith and Building a God Portfolio

Jacob Wolinsky

Published onOctober 4, 2019

Farnam Street letter to investors for the month of OCtober 2019, titled, "On Investment Faith and Building a God Portfolio."

Q2 hedge fund letters, conference, scoops etc

Every investment approach requires faith. If you’re buying a hot new IPO, you’re praying the company will find traction and grow to become a blue-chip behemoth. If you’re buying a rental property, you’re praying the tenants don’t trash the place and the air conditioner doesn’t conk out. If you’re buying 50-year Swiss government bonds at negative yields… I’m not sure what you’re praying for. In a moment, I’ll describe what value investors rest their faith on.

But first, a fun thought experiment. What if you had perfect investment foresight? With a snap of...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

Jacob Wolinsky

Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob worked as an equity analyst covering small caps, a micro-cap analyst, doing member development a large hedge fund community and freelance financial writing. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal id. Other methods of secure communication are also available. FD: I almost exclusively avoid the purchase of equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds. I will disclsoe if I have a stake in any company, but in general avoid

Farnam Street October 2019: On Investment Faith and Building a God Portfolio

Login required to continue reading.

Get Your Business News