VIC West Day 1: Part 4- Ken Shubin Stein; Robert Hagstrom; Carlo Cannell
Read the full article at: http://blog.valueinvestingcongress.com/2008/05/08/value-investing-congress-west-2008-iv/
Submitted by SilverSlime on Thu, 2008-05-08 23:34.
(via blog.valueinvestingcongress.com)
Ken Shubin Stein, of Spencer Capital, laid out his philosophy, which includes:
• Looking for asymmetric payoffs (limited downside, with much upside)
• Bottom-up fundamental analysis
• A “scientific” research process
• Belief that volatility is the key to successful long term investing
