Investing Oasis Contrarian Treasure in the Capital Markets Desert
Produktdetaljer
Biografisk notat
J.T. MASON, CFA, CFP, is an independent Portfolio Manager registered with Fieldhouse Capital Management, Inc. in Vancouver, Canada. Twenty-five years of progressive asset management experience working with several national firms brought him ultimately to launch the Oasis Growth Fund based on client-centric principles. He grew up on a farm where neighbors helped neighbors and a handshake was your contract. Today, these timeless elements of trust underpin both the business model and the investment model of his practice.
A guided journey revealing hidden values and buried treasures while negotiating the investing landscape.
A metaphorical journey through the hot, shifting sands of the capital markets ‘desert’ to awaken readers to the urgency of the "Behavior Gap"—a chronic gap of under-performance relative to the markets experienced by investors worldwide.
This is a roadmap of portfolio management concepts and contrarian tactics that can turn misbehaviors, undue risks, and short-term gambles into longer-term strengths. Through 27 chapters and four tiers, the author progressively introduces more powerful tools & techniques used in the founding and ongoing management of the Oasis Growth Fund, a North American Hedge Fund.
About the Author xi
List of Abbreviations xiii
Introduction xv
Foundation 1
Chapter 1: Eyes Wide Open 3
Chapter 2: Choosing the Right Path 13
Chapter 3: Risk 101 31
Chapter 4: Setting the Asset mix 45
Chapter 5: Firming Our “Backbone” 59
Chapter 6: The Case for a Planner/Advisor 69
Foundation Comments 83
The Investing Oasis: Tier 1 85
Chapter 7: The Oasis Growth Fund (OGF) Model 87
Chapter 8: Stock Selection: Quantitative Filters 97
Chapter 9: Stock Selection: Brains and the Brawn 111
Chapter 10: Stock Selection: Qualitative Filters 119
Chapter 11: Stock Selection: 3+ Degrees of Diversification 131
Chapter 12: Portfolio Construction: Equal- Weighting a Portfolio 145
Chapter 13: Beware Those Temptations 153
Tier 1 Summary 161
The Investing Oasis: Tier 2 163
Chapter 14: The Buy- in 165
Chapter 15: Contrarian Rebalancing 183
Chapter 16: A Hidden Well of Income 193
Tier 2 Summary 203
The Investing Oasis: Tier 3 205
Chapter 17: Warren B – The Ultimate Contrarian 207
Chapter 18: Contrarian Cash and Leverage 213
Chapter 19: Digging for Buried Treasures 227
Chapter 20: Emotion-free Selling 247
Tier 3 Summary 255
The Investing Oasis: Tier 4 257
Chapter 21: “Storm” Forecasting 259
Chapter 22: “Rounding Up the Camels” 267
Chapter 23: Portfolio Protection 281
Tier 4 Summary 301
Chapter 24: Putting It All Together 303
Chapter 25: The Next- Gen Financial System 311
Chapter 26: A Case for Active Management 321
Chapter 27: Tools and Resources 325
About the Website 333
Index 335
Before making that very next decision, stop and reflect.
An investing adventure into the vast capital markets “desert” requires more than just a trading platform and gut instincts. Trying to create value through short-term trading tactics is a mismatch proportionate to running a marathon by sprinting consecutive 100 meter segments. It’s exhausting and eventually leads to stumbling results.
Hedge fund manager, J.T. Mason shares his professional investing roadmap deployed successfully in the Oasis Growth Fund, a core North American Growth Fund based at Fieldhouse Capital Management in Vancouver, Canada. It’s difficult enough to know what we don’t know, let alone to learn when and how to capitalize on select investment opportunities strewn across the capital markets landscape. Yet, becoming a more effective investor begins with self-reflection and building awareness.
“If you know neither the enemy nor yourself,
you will succumb in every battle.”
—GENERAL SUN TZU, THE ART OF WAR
Without having to reinvent the wheel, The Investing Oasis will give you a running start:
- Discover your true warrior self and the investing route of best fit
- Learn valuable differences between retail and professional investors
- Discover the many value-creating layers of a well-designed growth portfolio
- Learn to generate income surplus to your dividends
- Discover how to unearth treasures never far from the beaten path
- Learn to deploy your cash and debt like strategic weapons
- Discover the untold advantages of being a contrarian
- Learn the art of portfolio protection
Since the investing journey is life-long, it’s never too late to embrace a new path. With a focus on improving the processes, including oneself, accessing the right tools, and staying close to the path, the results will follow. Truth is that the riches we seek, lie within us.
Every investor starts their capital markets journey believing they can beat the market. Yet, if you’re reading this, you’re likely not happy with the results. That technology offers such easy access into the world’s most competitive arena, is an invitation that deserves a better plan.
Except for the rare few, deploying short-term trading as the primary method of creating wealth places an investor against the odds. Chronic underperformance relative to the professionals, and “Mr. Market”, is irrefutable proof of the “Behavior Gap”. With 70% of trading deployed by efficient, unrelenting algorithms, investors are forever vulnerable. Undisciplined, reactive trades are quickly and ruthlessly exploited. Yet, there are many ways to generate better results more consistently.
The Investing Oasis seeks to level the playing field and improve an investor’s destiny. Progressing pragmatically through 27 chapters and four progressive tiers, a learning journey will be revealed. Readers are invited to embrace, at their own pace, proven investing methodologies, while being introduced to effective tools and behaviors to further refine their investment game. Layered in between will be investing tips, pertinent examples, contrarian tactics and effective psychological techniques that every investor deserves to know. Readers will also be provided complimentary access to web content, including templates, checklists, educational materials, and bonus chapters.
To achieve consistently better results over the long haul requires stepping back to take a more comprehensive and mindful approach. Ultimately, an investor is responsible for forging their own best path forward, but the journey can be made easier and more effective with time at The Investing Oasis.
Produktdetaljer
Biografisk notat
J.T. MASON, CFA, CFP, is an independent Portfolio Manager registered with Fieldhouse Capital Management, Inc. in Vancouver, Canada. Twenty-five years of progressive asset management experience working with several national firms brought him ultimately to launch the Oasis Growth Fund based on client-centric principles. He grew up on a farm where neighbors helped neighbors and a handshake was your contract. Today, these timeless elements of trust underpin both the business model and the investment model of his practice.