100 Level

Are You Warren Buffett or Charlie Steadman?*

For every Warren Buffet there are a hundred Charlie Steadman's.  While nearly every investor has heard of Buffett, few remember Charlie Steadman. Is there a reason for this short memory? “Until he died at age 83 in 1997, Charlie Steadman burned through investors’ assets at a rate unseen in the fund business since the Great Depression–and, we hope, never to be seen … [Read More...]

Environmental, Social and Corportate Governance Performance Results

Socially Responsible Investing or what is now commonly called Environmental, Social, and Corporate Governance (ESG) was recently discussed over on Seeking Alpha.  Pure logic tells us that any time one applies any type of screen to investments it will have a negative impact on performance.  Is this true, and if so, what is the impact?  While these results are not intended to be a … [Read More...]

300 Level

“Creme List” – 24 June 2011

Twenty stocks made the "Creme List" this week.  There were no new-comers and no stocks were purged from the list.  That will happen in a few weeks if some companies do not make a comeback.  Examine the "Creme List" for stocks of interest.  Note that only one is priced to purchase despite the market decline this week. … [Read More...]

Momentum Percentage – Calculation and Interpretation

As promised in a recent comment I have prepared an explanation of how the Momentum Percentage number in the Ranking Spreadsheet is calculated and how it should be be interpreted. This may seem a little complex at first read, but I've tried to illustrate and make understanding as simple as I can. There's lots of ink that may require lots of think! … [Read More...]

200 Level

“Holy Grail” Portfolio: A Revised Look

QPP Analysis of "Holy Grail" Portfolio While I hope to have the focus of this blog post show up on Seeking Alpha, here is an advanced look at what I've been working on for Platinum members. This is quite a strong portfolio based on QPP analysis. Platinum membership is available for $5.00 per month.  Help provide capital for individuals starting their own business in developing … [Read More...]

Benjamin Graham and Index Funds

Benjamin Graham is considered by many to be the father of value investing.  For more information on one of his last conversations, go to this site. Interviewer:  Can the average manager of institutional funds obtain better results than the Dow Jones Industrial Average or the Standard & Poor's Index over the years? Graham:  No. In effect, that would mean that the stock … [Read More...]

400 Level

ITA Ratio Introduced

As I wrote in an earlier comment, I am moving from the Sortino ratio over to what I call the ITA ratio.  Let me go into detail as to why I am making the change.  I will explain how the new ITA ratio is calculated and how it will be programmed into later versions of the TLH spreadsheets.  It is not going to be all that difficult to make the change so stick with me. Before I launch … [Read More...]

Retirement Ratio: Portfolio Performance and Uncertainty Measurement

What is the Retirement Ratio (RR)?  I never heard of such a ratio, at least as it is defined below.  Before going into an explanation, let me digress and address similar ratios.  Portfolio performance measurements that combine both return and risk are readily available to investors.  The Sharpe ratio is perhaps the best known "efficiency ratio" where it measures the … [Read More...]