Our Mission
About Fusion Investing
There are many paths to investing success. There are many tools to assist with your investing journey. Fusion Investing is all about choosing which path and tools are best for you. Many investment advisors and experts claim their path is the only path to investment success or long term wealth accumulation. Their path may be right for them, but it is folly to believe it is the only path. There is a best path for each person and we aim to help you find your path.
Whether You're Starting Out |
or Moving on Up |
Fusion Analysis and Investing will provide a different perspective. We'll provide and link to the best free portfolio management software, the best Excel spreadsheets, the top options trading spreadsheets and the best investment articles and ebooks on the web. |
Growth or Value
Fusion investing combines elements from many investment schools; the combination is varied depending on the practitioner. We view differentiations like growth and value as meaningless and prefer to combine aspects of both. This is not an original thought. Warren Buffett commented on this in his 1992 Shareholders Letter. Rather than paraphrase Buffett we'll let him speak for himself.
" In answering this question, most analysts feel they must choose
between two approaches customarily thought to be in opposition:
"value" and "growth." Indeed, many investment professionals see
any mixing of the two terms as a form of intellectual cross-dressing.
We view that as fuzzy thinking (in which, it must be
confessed, I myself engaged some years ago). In our opinion, the
two approaches are joined at the hip: Growth is always a component
in the calculation of value, constituting a variable whose
importance can range from negligible to enormous and whose impact
can be negative as well as positive.
In addition, we think the very term "value investing" is
redundant. What is "investing" if it is not the act of seeking
value at least sufficient to justify the amount paid? Consciously
paying more for a stock than its calculated value - in the hope
that it can soon be sold for a still-higher price - should be
labeled speculation (which is neither illegal, immoral nor - in our
view - financially fattening)."
If you have not read Buffett's Berkshire Hathaway Shareholder Letters we strongly encourage you to do so.
So fusion investing combines growth and value, but our cross dressing doesn't end there. We also seek the best tools and methods from fields which analysts consider diametrically opposed. We combine elements from fundamental and technical analysis. While many investment professional view this as a marriage destined to fail, we view fusion analysis as a marriage made in heaven. A quick example of this marriage is using fundamental analysis to select a company and then using technical analysis to assist in the actual purchase.
Another important tool in fusion analysis is investor sentiment. In this article Inya Ivkovic discusses integrating fundamental analysis with investor sentiment. Ivkovic notes how "noise traders" often push assets prices great distances from their intrinsic values. Benjamin Graham, the father of security analysis, said "In the short run the market is a voting machine, and in the long run it is a weighing machine". Fusion investing is about profiting from understanding both the voting and the weighing.
In summary fusion analysis and investing combines fundamental, technical and behavioural investing with no regard to traditional asset classes.
Our view on wealth was summarised by Tony Robbins when he said, “The key is not the mere pursuit of wealth, but changing your beliefs and attitudes about it so you see it as a means for contribution, not the end-all and be-all for happiness.” You can read more on our view on wealth and happiness here.