Tag Archives: quantitative value

Quantitative Value Lecture in NYC, Announcements for DEEP VALUE


I am temporarily using this email (jac007csi@gmail so check your spam filters) until I have my bulk email issues sorted out with AOL.com.  If YOU enrolled in the course and did not receive the email mentioned below, then email me at Aldridge56@aol.com and request the course materials for lesson 1.

I sent this book out before so delete if you have it. For those newly enrolled, please place in your research library. Not required reading.   Enrollment is NOW closed!

Attached is a book, M of Safety by Seth Klarman.  Over this course, I will be sending out other books/cases/notes and then asking for volunteers to do more in-depth research on the book, then we will share with the other students.  For example, I ask for one volunteer to critique that book.  Why is it a classic (on Amazon for $2,000) and what lessons for the investor? Is it similar to The Intelligent Investor?  You may wish to wait before volunteering because I will be sending out other projects by early next week and then you may choose a subject/topic of greater interest.

After reviewing Lesson 1 by Friday, we will watch a deep value investor/activist in action. Then for the advanced students, they can advise a company through a case study.  Then we will move onto liquidation values and Net/Nets.  We will circle back later (with the help of a volunteer) to further analyze Behavioral Portfolio Management (a reading from lesson 1).   Does investing in stock with NEGATIVE net worth makes sense?

There are 450 students enrolled. If only 10% volunteer for the twenty or so “special projects” then up to two people will be adequate.

Please consider DROPPING OUT if you are not a fanatic, Phanatic 

NOTICE: I can’t go, but can you or someone you know wish to attend?

Wesley Gray, co author of Quantitative Value Lecture on Wed. Jan. 7th at NYSSA in New York City

Wednesday, January 7, 2015

6:00 p.m.-7:30 p.m. | Presentation

7:30 p.m.-8:00 p.m. | Networking

NYSSA Conference Center
1540 Broadway, Suite 1010, (entrance on 45th Street)
New York, NY 10036

Member $20     Nonmember $40     Student Member $15
($10 surcharge for walk-ins)

Registration Deadline

Wednesday, January 7, 2015

CFA CEs= 1.5

Wesley R. Gray, Ph.D.

Janet Mangano
Chris Goulakos
Michael Livian, CFA

Additional Information
If you are unable to register for this event online, please call (212) 541-4530 for assistance.

Register via Mail/Fax 
Policies and Procedures

Quantitative Value Investing Lecture Video; Cartoon Book on Why an Economy Grows

Quantitative Value Investing

Money Ball: To get into the mood of quantitative analysis view these short videos on baseball: http://www.youtube.com/watch?v=xn7C6jgl0RI and http://www.youtube.com/watch?v=emwkhGjTWcY

Quant Value Investing: http://greenbackd.com/2012/08/31/presentation-to-uc-davis-mba-value-investing-class-on-quantitative-value-investing/

Also go to www.greenbackd.com

Why an Economy Grows

Thanks to a reader for this cartoon book on how-an-economy-grows

Third Avenue Fund 3Q Letter:TAVF_3Q_2012 Letter


Free Lectures on Austrian Economics; Do Value Investors Add Value? Investing Wisdom for the Young

Austrian Economics

Mises Academy at www.mises.org (click on academy tab) is offering a free lecture on microeconomics. Register and attend the free lecture by Peter Klein. You will get a flavor for the courses. I have taken several and have enjoyed the interaction. Go here: http://academy.mises.org/courses/microeconomics/

The book for the course is an excellent primer on Austrian (real world) economic thinking. I suggest you read this book, Foundations of the Market Price System by Milton Shapiro before you tackle Man, Economy and State by Rothbard or Human Action by Mises.


Lecture on the Austrian Theory of the Business Cycle by Dr. Roger Garrison : ttp://youtu.be/jFqtTj7TeO0

Visual Study of the Austrian Trade Cycle (“ABCT”). Read this before seeing the above lecture to gain more insights into booms and busts.Visual Explanation of the Austrian Trade Cycle By Garrison I would never invest in commodity cyclical businesses unless I understood ABCT.

The Case For Quantitative Value Investment

My favorite investing blog has a white paper on active vs. passive investing.


Investing Wisdom for the Ages



The Secret to Losing Weight

American Prisoner Alan Gross after fours years in Castro’s Gulag

Casualties of War