Seeking Alpha by Adding Beta

In the world of Cricket, history was made on Friday March 16  when Sachin Tendulkar made his 100th century in international cricket - 51 in test cricket and 49 in one-day format. The significance of this record is that it will never be broken for potentially next 100 years or ever! This goes right in the league of Sir Don Bradman's record of average of 99 runs per match which had not been broken till now and will never be broken. Sachin's century of centuries came after 22 years of cricket (he started playing when he was 16 years old). Last year he and Indian team made history by winning Cricket World Cup and since then all of India was eagerly waiting for this milestone. It was a long wait but worth every moment of it. Congratulations The Little Master for making India proud. We love you! What's next for Sachin? Given his form over last 2-3 years, he still has quite a bit of cricket in him (even if he is 38 years old). But given that many senior players (Rahul D...

Few weeks back I saw Brad Pitt's movie about Moneyball and I was really impressed with the concept, results and actual movie! If statistics can be applied to baseball and create a team of "undervalued" players which can break 106 year old record of continuous wins, why can't same principle be applied while selecting stocks to invest. I did Google on "Moneyball Investing" and not surprisingly found many well-written articles. So you must be wondering - why one more blog on same topic? Well - it's my take on this concept since I have been doing this in practice for last few years and in fact that's how I started my investing back in India. Here is my take on Moneyball approach to investing: Do detailed analysis and trust your analysis even if market signals are telling different story. That's how you discover "undervalued" stocks Don't go for "star" stocks e.g. Internet stocks in 2000, financing/housing stocks in 2005 and...