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Guru Gems

I study the world’s best investors and manage two real-money portfolios based on their strategies. Join the search for high-quality 'Gems' hidden in their portfolios.

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Substack
PricingOnly free issuesPublishesWeekly
Issues68Founded2 years agoLast Issue2 days ago
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Latest Issues

Pzena at Halftime & A Fresh Look at Baxter (BAX)

Welcome back!

In today’s update

  • 🔭 Pzena’s Mid-year outlook for Value

  • 📈 Deep Discounts in Deep Value

  • ⚕️ Baxter - A closer look at one of my Guru Gems holding

New to Guru Gems? Start here.

Last week I revisited Bryan L...

2 days ago
5

The Lawrence Method, One Year Later & A Closer Look at Guidewire Software (GWRE)

For those of you that have been following Guru Gems for a while, you know that I am a big fan of the Richer Wiser Happier (RWH) podcast. A few weeks ago, William Green reshared clips from his interview with Bryan Lawrence, and the timing co...

9 days ago
9

1 Year Magic Formula Portfolio: 18% Return - Round 10

Welcome to Round 10 of building my Magic Formula Portfolio

This one is a bit special: this week marks exactly one year since I bought the first 3 stocks on 7 July 2025.


Quick reminder if you are new to Guru Gems: while studying inv...

16 days ago
6

Warning Signs, Downside Protection, and a Salvage Yard

Welcome back!

A few things on my mind this week:

  • ⚠️ Warning Signs - Some red lights are flashing in the stock market

  • 🛡️ Downside Protection - Legendary investor Seth Klarman on the one thing he cares about as much as upside...

23 days ago
15

Dennis Hong & ShawSpring's Ecosystem Control

In today’s edition:

  • 🕴️ The Guru: Dennis Hong — the shopkeepers’ son who grew ShawSpring from $10m to over $1bn, running just 5–10 stocks

  • 🌐 The Playbook: Ecosystem Control — Hong’s framework for defining quality

  • 💎 The Gem:...

a month ago
5

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  • Guru Gems

    Studying the world's best investors → Building 2 portfolios based on their wisdom → Sharing everything I learn | Weekly newsletter

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