My Investing Muse

  In the world of investing, I believe that most of us have our own heroes or gurus. It would not be a surprise to start our investing journey with materials from some of our investing heroes. I started out as a reckless trader ~ making textbook mistakes. “Fortunate does not always favour the brave and defeat awaits our folly.” - Benson Kong It will not be surprising if we are starting learning with icons like Warren Buffett, Charlie Munger. For a season, I was following “cloning” ~ advocated by Mohnish Pabrai. I do not think that it is the only strategy but we can take some of our references from our investing heroes. Before we blindly copy their buys and sells, let us do our research and due diligence. Here are some of their 13F filing (for US equities) for Q1/2023 ~ with a focus on their buy & sell activities. We buy for one reason but could sell for a million reasons. Not every sale should be treated with concern or negativity. I have shared my observations about their Q1/2...

1 interesting name that came out during the recent Q1/2023 13F submissions is a bank by the name of Capital One Financials (COF). From Dataroma, COF is listed as one of the top buys in Q1/2023 based on the latest 13F submissions from a list of 70+ superinvestors. Superinvestors who have invested into COF in The popularity of COF in Dataroma What intrigued me was that 2 of my favourite investors ~ Mr Warren Buffett and Mr Michael Burry have invested in this company for the first time. This led me to reach out to Google Bard to deep dive into the performance of COF. I started by checking on the recent background of COF, the unique selling points of COF, the Q1/2023 performance and the earnings summary from 2017 to 2022. I have also asked for qualitative factors like an increasing pool of customers, increased loan originations and strong credit quality. <The following section is extracted from Google Bard AI.> Who is Capital One Financial Corp? 1 year performance of COF Capital One ...