Uncovering lucrative investments and building your financial market knowledge
Active investors want to beat the market. But all the noise out there makes it impossible to know what to listen to. A Valuabl subscription will deepen your understanding of financial markets and reveal lucrative, untapped investment opportunities.
“Edmund publishes some of the most in-depth research on the overall global economy. Things you need to know, not just things that are good to know.”
— Paul Cerro, Portfolio Manager at Cedar Grove Capital
What is Valuabl?
Twice-monthly digital newsletter with expert financial analysis in a straightforward style
Every issue is packed with crisp, actionable insights
Frequency: Every second Friday at 5pm British time
Medium: Delivered to your inbox and available online
Read-time: 30-45 minutes per issue
A fluff-free zone
Valuabl is to the point and free of corporate-speak. Acronyms and buzzwords are annoying and confusing. So, I avoid them. Thousands of bankers, fund managers, and accountants read Valuabl each fortnight. But you don’t need a PhD to maximise your subscription. You'll fit right in if you’re an Economist, Financial Times, or Wall Street Journal reader.
Here are some sample articles to get you going:
”Laughing all the way to the bank” from Vol. 3, No. 14
”Bitcon: Why satoshis won’t replace fiat” from Vol. 2, No. 25
Track record of outperformance and delighted readers
Valuabl has a track record of delighting readers and beating the market. The stocks covered in the newsletter have beaten the market by 5% on average in the following year. Indeed, Valuabl has beaten the market every single year. And, as Conor MacNeil, author of the InvestmentTalk newsletter, said, Valuabl is “likely the most underrated Substack I read.”
Specific recommendations and target prices
No more time-wasting deep dives. Only actionable analysis of the most under or overvalued stock I found that fortnight. I scour global stock markets to find attractive trades for me and my readers. Every stock pitch has:
A summary of the investment idea
Company background covering what it does, where, and the financials
Investment thesis based on how my view differs from what the market has priced
Firm-specific catalysts over the next year that will close the price-value gap
A valuation of the stock and sensitivity analysis to determine buy/sell prices
Analysis of the principal risks and what happens in the worst-case scenario
Enjoy samples of these recent pitches of Merck & Co. from Vol. 3, No. 10, and HCA Healthcare Inc. from Vol. 3, No. 13.
“Mr Simms runs a proper fortnightly (two-week) value investing journal that picks apart just about anything that can be valued. With classic comics and all.”
— Johan Eklund, editor of PiggyBack
How does Valuabl outperform the market?
A modern style of value investing updated for the now
Value investing works
Value investing—a style of investing where you buy stocks for less than they’re worth—is a lucrative strategy. Over the last hundred years, value stocks outperformed growth ones 15 times over. For example, if you put $100 into a value index in 1927, you’d now have $9m more than if you’d put it in a growth index. Berkshire Hathaway, Warren Buffett’s holding company, has returned more than 3,800,000% since 1965. Value investing works.
But the old school of value is falling behind
The traditional value-premium is dead. Old-school value investors who focused on ratios have fallen behind. Over the past decade, the outperformance of value over growth has reversed—now, growth beats value. This is because the world has changed. Intangible assets like brands, knowledge, and expertise are more critical than ever.
Cutting-edge valuation techniques
Valuabl’s style of value-investing is future-oriented and updated for the modern world. No analysis of price-to-book or price-to-earnings ratios—these don’t work. The aim is to buy stocks for less than they’re worth. To do that, we need to calculate what a firm is intrinsically worth more accurately than other investors do. By incorporating oft-ignored but vital details like research, branding, and operating leverage, Valuabl’s methods outperform.
Who writes Valuabl?
An experienced investor and writer
A decade in financial markets
After working for other funds and banks, I set up a private investment partnership in 2015. Since then, I’ve managed others’ money alongside my own and beaten the market handily. But the only record that counts is the public one. See every stock I’ve covered in Valuabl, what I rated it, and how it performed in the next year.
Get exclusive insights from my financial models and data crafted and refined over a decade. I share my value-investing expertise through specially-crafted articles, charts, spreadsheets, and tables, glued together with a distinctive writing style.
I was made in Australia, but now I live in London. I wrote The Little Book of Big Bubbles: A History of Financial Greed and Collective Insanity in 2021. And I built IntrinsicValuationTools.com, a free online library of models and data to help you do intrinsic valuation, this year.
Getting in touch
I am grateful to receive a lot of coffee and Zoom call requests—your support is fantastic. I would love to take all of them, but I am afraid I cannot.
Suppose you have business enquiries, want more information about this newsletter, or have other questions. In that case, you can respond to any email from Valuabl, email me at valuabl@substack.com, or connect on Twitter (@ValuablOfficial).
