The Story ends different when you know how to Invest
If you were born before the 90’s and had any interest in cinema and finance then it’s likely you watched “Wall Street” directed by Oliver Stone (‘87).
In this movies, Bud Fox (Charlie Sheen) is a stockbroker full of ambition, doing whatever he can to make his way to the top. Admiring the power of the unsparing corporate raider Gordon Gekko (Michael Douglas), Fox will be tested and pushed away from where his morale compass is telling him to go.
Gordon Gekko exploits Fox for the quick buck. The movie portraits him as a real shark using his influence to take advantage of insider trading and such illegal practices. The attached video is a modified footage of what could have happen if Mr. Fox knew better. In the original footage, Gordon is pushing his will to Fox who is young, hungry and clueless. Desperate to be the new ‘Hot Shot’ in Wall Street. I find the contrast between the two very amusing, and although both are fictional, are great representations of two realities on how business is done. The story would have ended very differently if Bud Fox knew how to Invest. (I won’t make any spoilers here, if you haven’t watched the movie, go and enjoy the classic).
Far from speculative and illegal practices, Value Investing stands for integrity, patience, logic and long term strategies. Warren Buffet is the best representation of Value Investing, with an impressive track record and impeccable reputation.
As far as I can remember I always loved the stories about successful companies and how they reached their status, product, culture, leaders, and the decisions they made along the way. Buffet and his partner, Charles Munger, are geniuses in assessing all these variables as we can tell from their successes.
For the rest of the mortals those are very hard variables to assess when valuing a company. That’s why I’m building Valopps. There’s a lot of value to be discovered when people with great insights, expertise and different backgrounds get together and share knowledge.