Author Archives: Timeless Investor

About Timeless Investor

My name is Samual Lau. I am a long-term value investor and a zealous disciple of Ben Graham. And I am a MBA graduated in May 2010 from Carnegie Mellon University. My concentrations are Finance, Strategy and Marketing.

On vacation

Posted on December 17, 2011 by Timeless Investor

I will be on vacation and will travel to the west coast for the next two weeks. I might have not many chances to access computer and blog then.

Posted in Uncategorized | Leave a comment

Seize economic data in just one click

Posted on December 16, 2011 by Timeless Investor

We understand that intrinsic value of stock largely depends on the nature of business itself which, defined by Warren Buffet, includes four key aspects – business, management, financial and value.

Posted in Macroeconomics | 3 Comments

Book notes of chapters 3 and 4 of “The intelligent investor”

Posted on December 16, 2011 by Timeless Investor

continue the sharing of my book notes of “The Intelligent Investor”, Book_note_chap3_A Century of Stock-Market History Book_note_chap_4_portfolio_policy_defensive_investor

Posted in Presentations and Notes | 1 Comment

What are the big names who are now buying and/or owning BAC?

Posted on December 13, 2011 by Timeless Investor

Currently there are a lot of negative news and things about BAC and all banks in general. We are wondering what are the famed value investors’ takes on BAC:

Posted in Equity Analysis | 31 Comments

Valuation of BAC using Graham formula and relative valuation method

Posted on December 11, 2011 by Timeless Investor

Let us exercise some valuations of stock,  By using Ben Graham formula, In the book “The Intelligent Investor”, Benjamin Graham gives a formula to value intrinsic value of stocks. He disregarded complicated calculations and kept his formula simple. The original … Continue reading →

Posted in Equity Analysis | 3 Comments

Excellent readings and links about investment

Posted on December 8, 2011 by Timeless Investor

1. Outstanding value investing newsletter – Columbia_Biz_school_newsletter_2011 edited by students of Columbia Business School.

Posted in Presentations and Notes | Leave a comment

US Macroeconomic indicators with high impact

Posted on December 7, 2011 by Timeless Investor

How do we diaganose the health of US economy nowadays? The best way is to study the macroeconomic indicators.

Posted in Macroeconomics | Leave a comment

Is the curent market cheap? Part II – what does DCF model tell us.

Posted on December 5, 2011 by Timeless Investor

Is the current market cheap or expensive? Let us use two stage growth Discount Cash Flow (DCF) model to calculate the intrinsic value of SP500 in order to answer this question.

Posted in Equity Analysis | 2 Comments

Interesting stuff to read

Posted on December 3, 2011 by Timeless Investor

Are financial stocks dying or reviving? Financial stocks (e.g. BAC, WFC, JPM) are down double digits this year, it is the industry sector with the biggest drop. There is so much distaste for financial stocks in Market sentiment nowadays. So … Continue reading →

Posted in Equity Analysis | 2 Comments

Best Stock Screener on the web

Posted on December 2, 2011 by Timeless Investor

I stumbled into Robotdough from recommendation of one value investment blog last year.  Since then I fell in love with it. It is probably be the best freestyle formula based stock screener so far! Most other screeners like those from yahoo, msn … Continue reading →

Posted in Equity Analysis | 10 Comments