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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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Issues82Founded2 years agoLast Issue13 days ago
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Latest Issues

The Armitage Approach, One Year Later & A Closer Look at Amphenol (APH)

“There’s a difference between a good company and a good investment.” —John Armitage

Welcome back!

One year ago, in Guru Gems #26, I wrote about John Armitage and Egerton Capital, the London fund he co-founded in 1994.

Last week Nicolai T...

13 days ago
4
2

Gem Spotlight: Uber (Armitage sold half, Ackman added)

Gem Spotlight is a new monthly post: I pick one company from the Guru Gems portfolio and collect the most interesting things that came out about it in the past month.

I'm starting with Uber, which I added in February and which is now abou...

17 days ago
10

Visa or Mastercard? What the Gurus are saying.

Welcome back!

Last week I started a small position in Visa (read here in case you missed it).

An obvious follow-up question is: why Visa and not Mastercard?

The Gurus don’t seem to agree on that one either. In today’s post I’ll take a c...

21 days ago
13

18 Months of Guru Gems: An Honest Report Card & a New Gem

Welcome back for a new edition of Guru Gems. After putting out an article every Sunday for a year and a half (I have not missed a single one for 77 weeks straight!), today's post is a moment to look back, and also to look ahead.

On the men...

a month ago
9

Magic Formula Round 12: 13% YTD Return

Welcome to Round 12 of the Magic Formula Portfolio!

This is a series within Guru Gems where I test whether Joel Greenblatt’s Magic Formula still works.

The rule for the Magic Formula portfolio is straightforward: hold each name for a year...

a month ago
9

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