UPDATE: How this investing pro handles 3 challenges in finding quality-value stocks
By Todd Wenning
Beware quality traps, turnaround traps and quality at any price
One night a few weeks ago, I sketched out my investment philosophy in a "one-pager" format.
I found the process to be useful, so I shared it on Twitter before heading to bed, thinking others might give it a try themselves.
In the morning, I discovered the post was going viral -- at least FinTwit's version of viral.
The feedback on the post was overwhelmingly positive, which, while appreciated, also made me a little nervous. A cheery consensus around a company or a strategy doesn't lend itself well to outperformance.
That said, there's a difference between prescription and practice. Advocating regular exercise is sound and noncontroversial, yet the temptation to be remain sedentary can be hard to overcome.