Mohnish Pabrai is Managing Partner of Pabrai Investment Funds. Pabrai started with $1 million in 1999, and the Pabrai Funds has grown to over $400 million in assets under management. Pabrai also wrote The Dhandho Investor: The Low-Risk Value Method to High Returns, which is a comprehensive value investing framework for the … Read More
How To Find Good Businesses Using A Three-Legged Milking Stool – Chuck Akre
(Image Credit, dailymotion.com) Chuck Akre is the founder of Akre Capital Management LLC. His firm has $4.8 Billion in Assets Under Management (Form ADV from 2015-11-01). Akre uses a classic value approach in selecting companies for his portfolio. He likes to buy companies with strong business model demonstrating consistent earnings growth, high … Read More
What Makes a Great Value Investor – Richard Pzena
(Image Credit, cnbc.com) Richard “Rich” Pzena is the founder and chief investment officer of Pzena Investment Management, a New York-based deep value investment firm with over $20 billion in assets under management. According to Graham and Doddsville, Pzena Investment Management’s Value fund has compiled an annualized compounded return of 16.3% … Read More
Jack Bogle: The Undisputed Champion of the Long Run
John ‘Jack’ Bogle is the founder and retired CEO of The Vanguard Group. He was also named one of the “world’s 100 most powerful and influential people”, by Time magazine in 2004. Bogle’s innovative idea was creating the world’s first index mutual fund in 1975. Bogle’s idea was that instead … Read More
Oaktree’s Howard Marks Warns: Invest, But With Caution
Last month I read a great article on Howard Marks where he warned investors about the current investing climate saying, “For the past five years my mantra with Oaktree has been move forward, but with caution”. He believes that the world is still suffering from the post traumatic stress of the global financial … Read More
How Can ‘Scandal’ Provide the Best Opportunities – Christopher Davis
Christopher Davis is a portfolio manager for the Davis Large Cap Value Portfolios. According to Amazon, the Davis Dynasty begins in 1947, the year Shelby Davis quit his job as a state bureaucrat and, armed with $50,000 of his wife’s money, took the plunge into stock investing. By the time he … Read More
The Three Toughest Words In The Investment Business, “I Don’t Know” – Chris Browne
(Image Credit, bc.sas.upenn.edu) Chris Browne was best known as the Managing Director of the legendary investing firm Tweedy Browne & Co. Tweedy, Browne Company LLC, a successor to Tweedy & Co., was first established by Forrest Birchard Tweedy in 1920 as a dealer in closely held and inactively traded securities. The firm’s … Read More
If Value Investing Was Easy, Everyone Would Be Doing It! – Jean-Marie Eveillard
(Image Credit, investmentnews.com) Jean-Marie Eveillard is an investing legend. He’s widely recognized as one of the first truly global value investors. Eveillard became a senior advisor to the First Eagle Investment Management Global Value team in March 2009 and now serves as board trustee to First Eagle Funds. From 1993–2004, … Read More
Returns to The Acquirer’s Multiple® Screeners and The Best Value Stocks
[View the story “Week Beginning September 5th, 2016” on Storify]
Find Quality Businesses and Pray That They’re Cheap – Charles de Vaulx
(Image Credit, youtube.com) Another value investor that I like to watch closely is Charles de Vaulx. De Vaulx joined International Value Advisers, LLC (IVA) in May 2008 as a partner and portfolio manager, and serves as chief investment officer and portfolio manager. Until March 2007, de Vaulx was portfolio manager … Read More
100 of the best investing blogs on the planet, plus a couple more (2016)
(Image Credit, www.theodysseyonline.com) A couple of weeks ago I wrote an article called, 50 of the best investing blogs on the planet, plus a couple more (2016). As expected, I was inundated with emails from folks highlighting blogs that I’d left out. So I’ve updated the list to include another 50, … Read More
How To Pick Good Stocks By Trying To Kill The Business (Strategy) – Bruce Berkowitz
(Image Credit, institutionalinvestor.com) One investor I like to follow closely, is Bruce Berkowitz. Berkowitz is the Founder and Chief Investment Officer of Fairholme Capital Management, and President and a Director of Fairholme Funds, Inc. In 2010, Berkowitz was named as the 2009 Domestic-Stock Fund Manager of the Year by Morningstar as … Read More
How to Find Undervalued Stocks Using the 80/20 Rule – Bill Nygren (Part 2)
(Image Credit, fortune.com) This is Part 2 of How to Find Undervalued Stocks Using the 80/20 Rule – Bill Nygren. To read Part 1, click here. The following is a continuation of the speech given by Bill Nygren at the Thirteenth Annual Louis Rukeyser Investment Conference, in 2005. Let’s take a look…
Undervalued Stocks | Bridgepoint Education Inc (NYSE:BPI)
As Tobias reported yesterday, Bridgepoint Education Inc (NYSE:BPI) is the best value stock in All Investable Screener. Bridgepoint are a provider of post-secondary education services. Its academic institutions, Ashford University® and University of the RockiesSM, offer associate’s, bachelor’s, master’s and doctoral programs. As of June 30, 2016, the company’s combined institutions offered approximately … Read More
Returns to The Acquirer’s Multiple® Screeners and The Best Value Stocks
[View the story “Week Beginning August 29th, 2016” on Storify]
How to Find Undervalued Stocks Using the 80/20 Rule – Bill Nygren (Part 1)
(Image Credit, fortune.com) Bill Nygren has been a manager of the Oakmark Select Fund (OAKLX) since 1996, Oakmark Fund (OAKMX) since 2000 and the Oakmark Global Select Fund (OAKWX) since 2006. He joined Harris Associates in 1983 and served as the firm’s Director of Research from 1990 to 1998. Harris … Read More
The Lehman Brothers $1.1 Billion Discrepancy, “Accounting Ingenuity” – David Einhorn
(Image Credit, forbes.com) David Einhorn is one of most famous hedge fund managers on the planet and a master of company analysis. He’s the founder and president of Greenlight Capital, a “long-short value-oriented hedge fund”, which he started in 1996 with $900,000. The fund now has $9.27 Billion in assets under … Read More
The Lost Art of Contrary Thinking – Seth Klarman
Just about every investor has heard of Seth Klarman. According to Forbes, “Investing legend Seth Klarman runs Boston-based firm The Baupost Group. With $27 billion under management, Baupost is one of the largest hedge funds. It posted small losses in 2015. An avid philanthropist, his foundation’s assets hit $350 million … Read More
How Do You Know When a Company is in “The Value Zone” – Arnold Van Den Berg
(Image Credit, gurufocus.com) Value investor, Arnold Van Den Berg founded Century Management in 1974. He is a principal of the firm, the Chief Executive Officer, and co-Chief Investment Officer. According to investment-advisors.credio.com, Century Management has $1.03 Billion in Assets Under Management. Van Den Berg has no formal college education but gained his market … Read More
How to Develop a Simple Investing Strategy, and Don’t Try to Calculate Intrinsic Value – Charles Mizrahi
(Image Credit, twitter.com) A lot of investors have never heard of Charles Mizrahi. Mizrahi is editor of the Hidden Values Alert and the Inevitable Wealth Portfolio newsletters. Hidden Values Alert has been named one of Marketwatch.com’s 10 Best Advisors from October 2007 to January 2015…a period that included the Financial Crisis of 2008 and … Read More