Investment Philosophy
The first issue of The Rivkin Report was published on 21 April 1997 by Rene Rivkin. It was created to provide independent advice that led to solid absolute returns on trades, saving investors money by using discount stockbrokers and removing the reliance on full-service stockbrokers, many of whom suffer from a conflict of interest when recommending what to buy and sell.
Over the last decade, many competitors in the independent advice space have emerged; some have survived, some have not. What has maintained our brand as the preeminent provider of weekly stock advice is our track record and the simplicity of our product: we tell you exactly what to buy, what to sell and at what price. While others may provide you with piles of research and then use words like 'accumulate' or 'lighten holdings', we recognise that hiding behind vague terms and excessive amounts of reading is a confusing practise. Our process is simple:
- Scan the ASX 'universe' and distil into three buckets that fit our philosophy, skills and experience: Event-Driven Trades (such as takeovers); long-term value (such as bombed-out blue chips); and diversified portfolios (low-maintenance, model-driven portfolios with long track records of strong market outperformance).
- Recommend our best ideas in the form of clear and concise buy recommendations by SMS, email, mail or fax (e.g. Buy XYZ at no higher than $1.10) via the weekly Report or mid-week updates.
- When the stocks have reached a price that represents a great exit opportunity or we do not have a reason to keep holding, we issue a clear sell recommendation (e.g. Sell XYZ at no less than $1.70).
- Most importantly, we do not claim a recommendation until Rivkin Report members have had a chance to sell (i.e., the stock price trades through the recommended buy/sell price).