Investing

Seven Sins of Fund Management

Over a decade ago, James Montier penned a white paper titled Seven Sins of Fund Management. It covers the most common behavioural biases among...

Operating Defensiveness versus Capital Defensiveness in Stocks

Defensive stocks are known to be non-cyclical in nature, whose performance is relatively resilient to the economic cycle. Such stocks are often seen as...

The Problem with EBITDA

Popular as EBITDA is, here are some issues associated with using EBITDA that every investor should know. What is EBITDA? EBITDA stands for Earnings before Interest,...

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