As 2012 comes to a close, we are revisiting some of Enterprising Investor's blog posts in the area of equities. While some stories, like that of the Facebook IPO, figured more prominently in the news than others, each of the articles featured below offer some timeless lessons for investors that may warrant another look.
- As we enter the "silly season" of predictions of what's to come in the year ahead, a timely reminder of the value of annual market predictions is in order.
- When it comes to intrinsic value calculations, it always pays to question your assumptions.
- As equity investors continued to reach for yield in 2012, we paid homage to "the father of dividend investing," John Burr Williams.
- What's Warren Buffett's secret? He buys low risk, cheap, and high-quality stocks, adds a little leverage and lots of patience. "Chasing Warren Buffett's Alpha" explains it all.
- Few anticipated the debacle that was the Facebook (FB) IPO. Indeed, Graham and Dodd might have called this "The Unintelligent Investment."
Best wishes for the new year. We look forward to continuing the dialogue.
Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.