James Montier
20 posts
James Montier: Value Investing Provides ‘Behavioral Self-Defence’During this interview with Schroders, James Montier explains why value investing provides behavioral self-defence. Here’s an excerpt from the interview: Montier: That value appr…
James Montier: Value Stocks Are Like Free Inflation InsuranceA staggering 77% of Americans fear soaring inflation. James Montier has a more sanguine view of inflationary risks. In this session at the GMO Fall Conference, James explored so…- James Montier: Growth Stocks Are The Attractive Defendants Of The Finance WorldIn his book – Value Investing: Tools and Techniques for Intelligent Investment, James Montier provides a great illustration of the human bias towards growth/glamour stocks. Here…
- James Montier: The Dangers Of DiversificationIn his book – Value Investing: Tools and Techniques for Intelligent Investment, James Montier discusses the dangers of diversification. Here’s an excerpt from the book: If relig…
- James Montier: Investors Sell More Winners Than LosersIn his book – The Little Book of Behavioral Investing, James Montier discloses that investors sell more winners than losers. Here’s an excerpt from the book: Putting the dislike…
- James Montier: Anyone Can Create Their Own CurrencyIn his latest white paper titled – Part 2: What to Do in the Case of Sustained Inflation, James Montier discusses hedges against sustained inflation. He also discusses a simple …
James Montier: Upsurge In Inflation Angst Is Much Ado About NothingIn his latest paper titled – Part 1: Inflation – Tall Tales And True Cases – Much Ado About Nothing, James Montier discusses why the upsurge in inflation angst is much ado about…- James Montier: Dare To Be Different – Value Stocks In Emerging MarketsJames Montier recently wrote a great memo titled – Dare To Be Different, in which he discusses the idea of focusing on value stocks in emerging markets to generate outsized retu…
- James Montier: Why Does Everyone Hate MMT?James Montier recently released a great paper titled – Why Does Everyone Hate MMT?, Groupthink in Economics. In the paper he argues that MMT is misunderstood by the ‘great and t…
- James Montier: What’s The Key Lesson Investors Can Learn From Templeton, Soros, Berkowitz and SteinhardtOne of the best books ever written on Behavioral Investing is – The Little Book of Behavioral Investing by James Montier. There’s a great passage in the book in which Montier em…
- James Montier: How To Protect Yourself From Wall Street’s ‘Self-Serving’ BiasesIn his book – The Little Book of Behavioral Investing, James Montier wrote a great passage on how investors can identify and protect themselves from becoming victims of Wall Str…
- James Montier – The World’s Dumbest Idea – Shareholder Value MaximizationSome years ago, James Montier wrote a great paper called – The World’s Dumbest Idea, that explored the problems surrounding the concept of shareholder value and its maximization…
- James Montier: You Can Turn Behavioral Biases Into An Advantage Using A Valuation-Based FrameworkWe’ve just been listening to a great interview with James Montier on Meb Faber’s podcast. During the interview Montier provides some great insights to help investors protect the…
- James Montier – Here’s How Soros Successfully Safeguards Against Making Recurring MistakesAs investors we all pat ourselves on the back, telling ourselves how smart we are when a stock that we picked outperforms. At the same time we can find dozens of reasons, exclud…
- Successful Investing Means Living With Discomfort – Montier, MauboussinThere is no question that the life of a successful investor can be an uncomfortable and solitary one. Hence the reason why so many investors underperform by picking the ‘good ne…
- If You’re Having Trouble Finding Undervalued Stocks Today, Here’s One Reason Why – GMOGMO recently released a white paper titled The S&P 500: Just Say No, by Matt Kadnar and James Montier. The paper questions the validity of throwing in the towel and simply index…
- James Montier – There Are No Silver Bullets In Investing (Just Old Snake Oil In New Bottles)According to the Cambridge dictionary a snake oil salesman is: someone who deceives people in order to get money from them: He was dubbed a “modern day snake oil salesman” after…
- James Montier: Markets Are Behaving Like The White Queen (Alice In Wonderland)James Montier of GMO recently wrote a great paper called Six Impossible Things Before Breakfast, in which he discusses current market conditions and how we can make sense of tod…