Value Investing

Jim Grant has issued a complimentary issue of Grant’s Observer (Winter edition). I personally heard  the following story from a former … Read more

I think I had some good things to say in the last post, but one commenter disagreed, and he had some good … Read more

Before I start this evening, I wanted to point out something that the Googlebots dragged in.  It’s a list of all … Read more

The question about whether to short or not, is common among value investors (as well as non value investors). We … Read more

One day in March, I got an e-mail from an older gentleman, and he said, “Hi, my name is XXXXXX.  … Read more

In general, most value investors like indexing.  Warren Buffett and many others agree on this.  But why? 1) Most value … Read more

By Greenbackd Zero Hedge has an article Buy Cash At A Discount: These Companies Have Negative Enterprise Value in which Tyler Durden argues … Read more

  Western investors and Latin American are the “odd couple” of value investing. In terms of geography, culture and even … Read more

Mason Hawkin’s LongLeaf Partners is out with its third quarter letter. Hawins has some interesting comments on how he evaluates … Read more

Didn’t think anyone could be as arrogant as Nassim Taleb? He seems to have met his match. Taleb attacked Steven … Read more

Taken Oct. & Nov. 2012 by Kyle Mowery, Founder of GrizzlyRock Capital, notes from The Psychology of Intelligence Analysis by Richards Heuer, … Read more

From Cliff Asness of AQR, discussing the Shiller PE, also known as CAPE. Interesting third quarter commentary from the fund on … Read more

Recently, Globeinvestor (Canada’s leading business publisher) converted to a paywall which got a lot of people angry but with declining … Read more

In a Q&A session at the 2006 Berkshire Hathaway (BRK.A/BRK.B) annual meeting, Charlie Munger, Berkshire’s vice chairman, was asked about Jeremy Siegel’s perma-bull theories, … Read more