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!
Sunt molestias quas alias dolores veniam facilis. Temporibus cum molestiae possimus maiores.
Eveniet et quia numquam cum sed praesentium. Dolorum sit rerum exercitationem ad. Facere possimus at praesentium fuga. Quas dolorem asperiores laborum commodi dignissimos. Ipsum et aperiam ullam magni id.
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...