One of the key elements to investing is to figure out what you know that the market is missing. The efficient market hypothesis taught in academia is incorrect. It states that all available information on any stock is available to the market as a whole and is continually reflected in its stock price. If that … Read more
There’s a story on Bloomberg News saying Houghton Mifflin ($HMHC) is exploring a sale. The company has hired an advisor, and Private Equity firms are doing due diligence. HMHC has been on the Deep Knowledge Investing buy list since January of 2021, and we continue to own a position. The stock has traded up in … Read more
We’d like to thank the team at Invested.dk for hosting us at their World’s Best Stock Traders investment conference. Link to the conference here: https://www.invested.dk/bedsteaktier Link to the interview here: https://www.youtube.com/watch?v=WIvyeFkMXSc In particular, we’d like to thank Christian Kongsted for a great interview, Erik Bork for organizing, and the highly-engaged audience who asked the right … Read more
