Comments for http://valuehuntr.net Thu, 30 Jul 2009 19:04:07 +0000 hourly 1 http://wordpress.com/ Comment on Berkshire Hathaway 2009 Meeting Notes by Tom Tolles http://valuehuntr.net/2009/05/04/berkshire-hathaway-2009-meeting-notes/#comment-314 Thu, 30 Jul 2009 19:04:07 +0000 http://valuehuntr.com/?p=849#comment-314 The notes no longer seem to be complete?

]]> Comment on Introducing the Capital Asset Value Model (CAVM) by Our Alternative to CAPM « http://valuehuntr.net/2009/05/06/introducing-the-capital-asset-valuation-model-cavm/#comment-256 Fri, 26 Jun 2009 12:21:34 +0000 http://valuehuntr.com/?p=868#comment-256 [...] According to Edward Thorp, the fundamental problem in gambling is to find positive expectation betting opportunities. The analogous problem in investing is to find investments with excess risk-adjusted expected rates of return. This simple premise is what allowed us to develop the Capital Asset Value Model (CAVM), which we first explained on a previous post. [...]

]]> Comment on Introducing the Capital Asset Value Model (CAVM) by Monthly Update: Valuehuntr Portfolio Gains 89% in May « http://valuehuntr.net/2009/05/06/introducing-the-capital-asset-valuation-model-cavm/#comment-216 Mon, 01 Jun 2009 03:50:09 +0000 http://valuehuntr.com/?p=868#comment-216 [...] We select stocks which are undervalued and with a catalyst in place. However, as a group, our stocks are managed based on their price advances relative to intrinsic value using CAVM, a model we have developed as an alternative to the CAPM model used by analysts and professors today. CAVM allows us to account for risk by defining it as the probability of loss rather than as volatility.To read more about CAVM, see our explanation here [...]

]]> Comment on Introducing the Capital Asset Value Model (CAVM) by History of ACF Fiorentina » Blog Archive » Mean and predicted response http://valuehuntr.net/2009/05/06/introducing-the-capital-asset-valuation-model-cavm/#comment-166 Tue, 12 May 2009 07:36:28 +0000 http://valuehuntr.com/?p=868#comment-166 [...] Introducing the Capital Asset Valuation Model (CAVM) [...]

]]> Comment on Introducing the Capital Asset Value Model (CAVM) by ValueHuntr http://valuehuntr.net/2009/05/06/introducing-the-capital-asset-valuation-model-cavm/#comment-151 Thu, 07 May 2009 19:06:16 +0000 http://valuehuntr.com/?p=868#comment-151 Thanks Widemoat. T is a variable which we have no control over. I suggest coming up with a worst-case scenario T for each position and averaging them. Notice that if T is large, you would have to compensate with a greater MOS to get the same expected returns.

]]> Comment on Introducing the Capital Asset Value Model (CAVM) by widemoat http://valuehuntr.net/2009/05/06/introducing-the-capital-asset-valuation-model-cavm/#comment-150 Thu, 07 May 2009 17:34:11 +0000 http://valuehuntr.com/?p=868#comment-150 Absolutely excellent. Very well presented and illustrated. Better submit it to a finance journal.

I’m curious about your assumptions for T. 1 year would be great–but few price/value discrepancies get resolved that quickly, without a catalyst. In the case of David Einhorn and Allied Capital, it was many years.

Any additional thoughts about picking a value for T?

]]> Comment on Berkshire Hathaway 2009 Meeting Notes by Sandesh http://valuehuntr.net/2009/05/04/berkshire-hathaway-2009-meeting-notes/#comment-144 Tue, 05 May 2009 18:19:58 +0000 http://valuehuntr.com/?p=849#comment-144 Nice one..
thanks for posting.

kind regards,
Sandesh Kumar

http://sandeshkumard.wordpress.com

]]> Comment on Berkshire Hathaway 2009 Meeting Notes by Jason http://valuehuntr.net/2009/05/04/berkshire-hathaway-2009-meeting-notes/#comment-143 Tue, 05 May 2009 00:26:59 +0000 http://valuehuntr.com/?p=849#comment-143 Very nice summary, keep up the good work.

]]> Comment on Berkshire Hathaway Shareholder Meeting Itinerary by Jason http://valuehuntr.net/2009/05/01/berkshire-hathaway-shareholder-meeting-itinerary/#comment-137 Sun, 03 May 2009 15:46:48 +0000 http://valuehuntr.com/?p=830#comment-137 It would be interesting to get an update if you attended Berkshire Hathaway’s annual meeting. I was considering going but visits from relative changed that plan.

]]> Comment on The Renaissance of Value by Jae Jun http://valuehuntr.net/2009/04/21/renaissance-of-value/#comment-85 Tue, 21 Apr 2009 17:22:16 +0000 http://valuehuntr.com/?p=743#comment-85 I just tried making this change but it seems like the fair value comes out to be much more optimistic than what the current formula already provides.

Is this what you saw?

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