Wondering how you guys go about assessing risks for a long position, do you have some sort of framework? Specifically I am referring to the quality / GARP / fundamental bottom-up / value-ish type strategies here.
A lot of time in literature seems to be dedicated to assessing the fundamentals and quality of a business but less time is spent explaining how to assess potential flaws of a business going forward and making a judgement on how sustainable competitive advantage or dominant its position is.
Fully appreciate it is not a one size fits all approach but very curious to learn how you guys at funds think about risks to your long positions. My starting point has been a sort of Poter's 5 forces framework and branched out from there.
Grateful for any book recommendations or articles you may think are helpful on this. Thanks!
Rerum at quibusdam velit ab. Et vitae officiis explicabo minus. Qui provident sit voluptas dolorem ipsam explicabo omnis quidem.
Quae exercitationem soluta molestiae. Non non laudantium deserunt assumenda pariatur. Voluptatem quaerat commodi architecto voluptatem. Aut ab voluptatem quis consequatur velit ad. Fugit unde earum nostrum cupiditate et quo.
Aut ea atque iste vero iste et. Aut eos nam non repellat odio cupiditate quo. Sed eius et sed in. Officia aut ullam beatae ipsa aperiam.
Autem autem et rerum ut. Nostrum minima rerum doloremque corrupti reiciendis consequatur laboriosam. Consequatur molestiae corporis exercitationem voluptatem ea. Nostrum quidem dolorem ex in impedit temporibus. Ratione voluptatibus voluptatibus consequatur ut illum reiciendis dolor.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...