Webinar: How to find value with Portfolio Manager Nathan Bell

According to Portfolio Manager Nathan Bell, finding undervalued stocks in a bull market involves looking for special situations like recapitalisations and CEO changes, which can create significant opportunities.

Insider ownership is crucial because it aligns the interests of the company's management with those of the shareholders, potentially leading to better company performance and investment returns.

Spin-offs occur when a company creates a new independent company by selling or distributing new shares. They are beneficial because they often lead to better performance as the new entity can focus on its core business.

Nathan Bell sold James Hardie after a short holding period due to specific strategic reasons discussed in the webinar, which are not detailed in the article.

Yes, at Intelligent Investor, a 'hold' recommendation might still be considered a buy idea, depending on the investor's specific circumstances and market conditions.

China is seen as a significant opportunity for long-term investors due to its large and growing economy, which presents numerous investment opportunities across various sectors.

Buybacks are usually done at the worst possible time because companies tend to repurchase shares when prices are high, rather than when they are undervalued, which can be detrimental to shareholder value.

Nathan Bell manages the Intelligent Investor Equity Growth Portfolio and the Intelligent Investor Equity Income Portfolio. The latter is also available as an active ETF on the ASX under the code INIF.