Greg Canavan

Greg Canavan is the Editorial Director of Fat Tail Investment Research and Editor of the flagship investment letter, Fat Tail Investment Advisory.

The underlying philosophy of the service is that there is a difference between a stock price and the company’s underlying value. Investor emotions of greed and fear push share prices well above or below their underlying value.

Greg seeks to take advantage of these swings in investor emotions. That means avoiding popular and ‘hot’ stocks and buying what the crowd is fearful of.

With more than 20 years in financial markets, Greg brings a unique investment philosophy centred on the value of acknowledging one’s limitations. Investing is all about stories and narratives. Investors get into trouble when they believe those narratives too deeply.

It stops them from seeing the danger signs and leads to irrational behaviour. Putting your ego aside and acknowledging your ignorance is a good way to avoid this trap.

As a seasoned value investor, Greg constantly looks for momentarily out-of-favour companies that offer good prospects for long-term returns. He looks for companies with attractive returns on tangible capital, trading below ‘intrinsic value’.

This approach has served Greg’s subscribers well. Over the past 10 years (to October 2024) his average gain (all winners and losers) averaged over 18%. This compares to an average market return over the same time frame of around 9%.

Subscribers to his premium service, Fat Tail Investment Advisory, not only benefit from stock selection. Greg regularly discusses investor psychology and shows members how to benefit from it rather than be a victim of it.

Greg’s book (available to members) You, Your Brain and the Stock Market, has a particular focus on this topic.

For an in-depth understanding of financial markets, we encourage you to explore Greg Canavan’s latest articles listed below.

To further enhance your investment strategy, consider subscribing to Fat Tail Investment Advisory, available at an annual rate of $499 for the first year.