tag:blogger.com,1999:blog-5389144729834496735.post4650413805893661457..comments2024-03-17T05:15:55.634-04:00Comments on The Brooklyn Investor: More 13F FunUnknownnoreply@blogger.comBlogger13125tag:blogger.com,1999:blog-5389144729834496735.post-3680224287951705692016-10-03T08:39:14.575-04:002016-10-03T08:39:14.575-04:00Government is considering roping in two-three bank...Government is considering roping in two-three banks, including SBI and PNB, to pick up stake in IIFCL-anchored Rs 500-crore Credit Enhancement Fund announced by Finance Minister Arun Jaitley in the budget this year, as per reports.<br /><a href="https://www.linkedin.com/in/capitalstars-financial-services-46288b26" title="Capitalstars" rel="nofollow">Capitalstars</a><br />CapitalStars07https://www.blogger.com/profile/07269620674078045826noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-10256394041443714612016-08-27T09:25:48.218-04:002016-08-27T09:25:48.218-04:00Thanks! I will take a look at these. The best thin...Thanks! I will take a look at these. The best thing about writing this blog is the info I get back in the comments section. kkhttps://www.blogger.com/profile/06299974418283948333noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-72060357404465035212016-08-27T03:57:11.492-04:002016-08-27T03:57:11.492-04:00more: https://www.reddit.com/r/algotrading/comment...more: https://www.reddit.com/r/algotrading/comments/4y6ede/new_fundamental_stock_data_api/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-77698618719604282522016-08-27T03:52:18.333-04:002016-08-27T03:52:18.333-04:00For tickers/CIK maybe try : https://gist.github.co...For tickers/CIK maybe try : https://gist.github.com/ddd1600/3934032<br />https://dan.vonkohorn.com/2016/07/03/cik-ticker-mappings/<br />(http://quant.stackexchange.com/questions/8099/central-index-key-cik-of-all-traded-stocks) <br />May be also of interest:<br />https://api.tiingo.com<br />http://usfundamentals.com/downloadAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-57152484359785075042016-08-26T09:16:08.921-04:002016-08-26T09:16:08.921-04:00Thanks. Yeah, maybe I will do some short, simple b...Thanks. Yeah, maybe I will do some short, simple bio at some point. kkhttps://www.blogger.com/profile/06299974418283948333noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-87560824785942905422016-08-26T09:14:46.015-04:002016-08-26T09:14:46.015-04:00Yeah, I think I looked at that before. I should ta...Yeah, I think I looked at that before. I should take another look. There're a lot of interesting little things in some these filings... kkhttps://www.blogger.com/profile/06299974418283948333noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-7740029754016710892016-08-26T09:14:13.497-04:002016-08-26T09:14:13.497-04:00Cool. Thanks for that. I was thinking about makin...Cool. Thanks for that. I was thinking about making a performance proxy using the 13F's too. Shouldn't be that hard. Maybe next coding project. But one thing that got me was that ticker symbols aren't included as an xml field in the filings so I would have to match ticker symbols with issuer names (or otherwise get stock price information). I could get prices, I suppose, by searching corporate names but it wouldn't be as simple as grabbing prices from the Yahoo Finance API; maybe there is a way to get prices using issuer names. <br /><br />Anyway, I'd be curious how you went about doing that. Thanks for any input. kkhttps://www.blogger.com/profile/06299974418283948333noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-71551233256322196192016-08-26T02:24:56.700-04:002016-08-26T02:24:56.700-04:00Nick Train is interesting because he is extremely ...Nick Train is interesting because he is extremely slow to purchase and then holds his investments for many years. I can't remember the last time he has bought anything new in his investment trust, but it has been years. It trades at a >60% premium, incidentally, due to owning a stake in the asset management company, which has done very well. His funds have added Remy-Cointreau and Pepsi over the last few years - nothing else that I know of.<br /><br />Terry Smith of Fundsmith is interesting too. He buys high ROC companies with lots of free cash flow and, if you look at what he owns, you will see lots of overlaps with Jensen. So many overlaps, in fact, you wonder whether they talk to each other! He was a brilliant bank analyst, in a past life, and wrote an influential book about accounting jiggery-pokery, but has never owned a bank since starting Fundsmith. He is a great speaker and communicator and if you visit his website you can find footage of him holding court and dispensing pearls of wisdom on various subjects.<br /><br />Have enjoyed the blog for years, by the way, especially the tangents!RKnoreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-83344030796919598412016-08-25T11:05:25.281-04:002016-08-25T11:05:25.281-04:00Emergent Capital may be interesting. Goldstein is...Emergent Capital may be interesting. Goldstein is the Chairman, it's trading around 1/2 of book, and it announced on Aug 1 that it's exploring strategic alternatives. Goldstein mentions it in all of his annual/semi-annual reports going back to 2012. It looks like Horizon also has a position.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-694107218654861602016-08-25T01:44:42.625-04:002016-08-25T01:44:42.625-04:00Fundsmith and Lindsell Train are a great follow, U...Fundsmith and Lindsell Train are a great follow, UK investors that don't do much but have a very sound philosophy. They're mostly in the big consumer staples everybody decries as too expensive but the reasoning behind is really well thought out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-35756488671078100682016-08-24T23:07:46.458-04:002016-08-24T23:07:46.458-04:00Hi KK,
I have been doing something similar and wo...Hi KK,<br /><br />I have been doing something similar and would like to share with you what I got. My idea is that since beating SPX is so hard, I want to look at why some can do it consistently and how (not just a blackbox HF). I know 13F is just a quarterly 45-day-delayed snapshot and of course past performance is meaningless (also survivorship bias etc), I have sort of played with the 13Fs using real-life conditions (assuming all portfolios can only buy/sell on Feb 15, May 15, Aug 15 and Nov 15 using those prices) to pick out those with consistent performance (say 15%+ CAGR over time).<br /><br />1. There were 4,315 13F filings for 2Q16<br />2. Filter out those are too small (at least $500mn AUM), too concentrated (at least 10 holdings, but no single holding >20%), too diversified (no more than 100 holdings to filter out closet funds), too new (at least 3 year of 13F history), too high turnover (don't like constantly buy/sell)<br />3. Evaluate historical performances of those 13Fs based on 45-day-delayed buy/sell prices<br /><br />Below are some of the diversified 13Fs (filtered out pure tech / healthcare portfolios) that caught my eye, not surprisingly, many are under the radar value funds. <br /><br />FUNDSMITH LLP<br />VERITAS ASSET MANAGEMENT LLP<br />LINDSELL TRAIN LTD<br />TREMBLANT CAPITAL GROUP<br />EGERTON CAPITAL (UK) LLP<br />LYRICAL ASSET MANAGEMENT LP<br />CONATUS CAPITAL MANAGEMENT LP<br />AKRE CAPITAL MANAGEMENT LLC<br />BROAD RUN INVESTMENT MANAGEMENT, LLC<br />STARBOARD VALUE LP<br />FPR PARTNERS LLC<br />VALUEACT HOLDINGS, L.P.<br />RGM CAPITAL, LLC<br />SANDS CAPITAL MANAGEMENT, LLC<br />RAGING CAPITAL MANAGEMENT, LLC<br /><br />Of course everyone running the above will have different picks/conclusion, just a thought...<br /><br />Cheers<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-26617244373245852352016-08-24T19:18:37.151-04:002016-08-24T19:18:37.151-04:00Happy to see you posting again. Happy to see you posting again. Unknownhttps://www.blogger.com/profile/04282984007308986659noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-57410145439892196252016-08-24T19:10:11.106-04:002016-08-24T19:10:11.106-04:00KK,
Thanks for starting posting again. Maybe it&#...KK,<br /><br />Thanks for starting posting again. Maybe it's because I agree with what you say, but your blog is unrivaled. Have you considered including a brief bio in a future post? Obviously not specifics as don't mean to encroach on your privacy, but I think people would be interested.<br /><br />-JeffAnonymousnoreply@blogger.com