In case you missed a post that might interest you, here are the links to the Quality Value Investing (QVI) newsletter articles for the week ending July 24, 2025. Each post includes text and audio options. Remember to visit the QVI Substack App for audio access.
Get more from David J. Waldron in the Substack app
The best of the QVI newsletter series on how the quality-driven value investing strategy prevails for those seeking to outperform their market benchmark.
The goal of this post is to examine best practices for building a self-managed portfolio of high-quality stocks purchased at reasonable prices through dividend value investing, mastering the art of behavioral investing, understanding why most investors underperform their market benchmark, and how achieving alpha is a challenging pursuit.
Note: The full-text Part 4 post, linked above, includes the links to Parts 1, 2, and 3 in the series.
Beginning next week, I will transition to comparable research and analysis posts, focusing on updates of existing QVI Stock Picks for brevity.
First up: Walmart (Sam’s) vs. Costco Wholesale.
Remember, new initiations of companies in the QVI Stock Picks are rare, as alpha-achieving stock picking requires extreme selectivity. For example, QVI has begun covering a new stock, on average, only 3 to 4 times a year.
A few subscribers have left QVI because they want a “new pick every week.” My response: Be my guest and join the crowd in the money-making (for the advisor or newsletter writer) game of analysis paralysis, where extreme stock-picking wastes investable capital on false dreams of fast money instead of generating absolute returns on capital and income over a long-term horizon.
For better or worse, we concentrate on slow money at Quality Value Investing. That is how a vast majority of generational wealth is made in the stock market.
Visit the Quality Value Investing website on Substack to read new articles or to explore QVI’s archives of over 350 investment narratives and research.
For comments or questions, please reply to this email to reach me directly.
About Quality Value Investing (QVI)
Written by contributing editor David J. Waldron, a private investor, nonfiction author, and former expert advisor to Wall Street hedge funds, mutual funds, private equity, and investment banks.
In its quest to achieve alpha through fundamental valuation, Quality Value Investing employs a proprietary checklist-driven analysis to identify the winning stocks of enduring enterprises.
QVI’s mission inspires subscribers to build portfolios of shares in quality companies purchased at value prices to fund their life’s essential milestones, such as buying a home, paying college tuition, sponsoring a wedding, pursuing a passion, starting a business, or enjoying a comfortable retirement.
About the Writer
Gene Hutnak Photography
David J. Waldron is the contributing editor of Quality Value Investing andthe author of the international-selling book Build Wealth withCommon Stocks: Market-Beating Strategies for the Individual Investor, as well as his upcoming fifth book, Quality Value Investing: How to Pick the Winning Stocks of Enduring Enterprises.
He is a private investor and a former expert advisor to hedge funds, mutual funds, private equity firms, and investment banks.
David’s mission is to inspire his readers to achieve their financial goals and dreams. His work has been featured in Substack Finance, Substack Business, Seeking Alpha, MSN Money, TalkMarkets, ValueWalk, Yahoo Finance, QAV—Australia’s #1 Value Investing Podcast, Money Life with Chuck Jaffe, LifeBlood with George Grombacher, The Acquirer’s Multiple, Capital Employed, and on platforms like Amazon, Barnes & Noble, Apple Books, The BookLife Prize, and Publisher’s Weekly.
David enjoyed a 25-year career as an executive in postsecondary education services. He earned a Bachelor of Science in Business Studies as a Garden State Scholar at Stockton University and completed The Practice of Management Program at Brown University. Learn more at davidjwaldron.substack.com.
“Investing advice is fairly commonplace, but here the author shares his own unique investment wisdom that readers will not find elsewhere.”—Critic’s Report, The BookLife Prize (Publishers Weekly)
Lifetime Founding subscribers can receive an author personalized jacketed case laminated hardcover edition of David’s fourth book.
Founding subscribers supporting QVI on Substack Finance also receive a complimentary permanent subscription renewal for the service’s lifetime. After the first paid year, no renewal is necessary. Please consider upgrading today.
I am completing the final draft of the manuscript for Quality Value Investing — the book — on my Substack author website. You can catch up here, including audio.
