In a couple of weeks, I plan to head out to Vail, Colorado for the VALUEx Vail conference that Vitaliy Katsenelson puts together for value investors each year. The invitation only conference is modeled after VALUEx Zurich organized by Guy Spier and John Mihaljevic and includes multiple days of presentations and fun activities. This is my first time attending VALUEx Vail and I look forward to presenting my work on regional bank First Citizens (FCNCA), reconnecting with old friends and making new ones.
I was discussing Vitaliy’s book Active Value Investing: Making Money in Range Bound Markets with a friend a few days ago in response to his question about a framework for selling stocks and was also reminded of an article I wrote a little three years ago about this topic for our sister personal finance site PowerCompounding.com (currently inactive). The following article is being reproduced on InsideArbitrage with minimal edits.