Unloved micro-cap Wayside Technology Group Inc, strong balance sheet, solid free cash flow $WSTG

Johnny HopkinsStocksLeave a Comment

One of the stocks  currently listed in out Deep Value Small & Micro-Cap Screen is Wayside Technology Group, Inc. (NASDAQ:WSTG). Wayside offers an extensive line of products from leading publishers of software and tools for virtualization/cloud computing, security, networking, storage and infrastructure management, application life-cycle management and other technically sophisticated … Read More

What’s most often forgotten about one of the greatest Superinvestors – Charles Munger

Johnny HopkinsCharles Munger, Research, Resources2 Comments

(Image Credit, dealbook.nytimes.com) If you’re a value investing nut like me you’ll have read everything you can on Charles Munger, Warren Buffett, Rick Guerin, Tom Knapp, Ed Anderson, Stan Perlmeter, Bill Ruane and Walter Schloss. The so called “Superinvestors of Graham & Doddsville”. But, we often forget that these investing megastars had ordinary … Read More

How to Value a Company and, Everyone Should go Shark Fishing [metaphor] – Mario Gabelli

Johnny HopkinsMario Gabelli, Research, ResourcesLeave a Comment

(Image Credit, wsj.com) If you follow this blog regularly, you’ll know that I’m a big fan of The Columbia Business School and their student newsletters. These newsletters are an awesome resource for value investors. Every newsletter contains a number of interviews with some of the smartest value investors on the planet. … Read More

50 of the Best Value Investing Resources (plus a few more)

Johnny HopkinsResources1 Comment

(Image Credit, whytoread.com) People always ask me, what are my favorite investing resources. Things like articles, videos, bloggers, books etc. So today I’ve put together a list of 50+ investing resources that I’ve found very useful on my investing journey. It’s by no means complete but, it will give you a … Read More

FreightCar America, Inc. trading at a discount to its tangible book value $RAIL

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Last week FreightCar America, Inc (NASDAQ:RAIL) released its Q2 2016 quarterly report. FreightCar is a diversified manufacturer of railcars and railcar components. The company designs and manufactures a broad variety of railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including open top hoppers, covered hoppers … Read More

There are three central elements to a value-investment philosophy – Part 1 – Seth Klarman

Johnny HopkinsResearch, Resources, Seth Klarman1 Comment

(Image Credit, advisoranalyst.com) One of the best books on investing is Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor, by Seth Klarman. According to Forbes: Investing legend Seth Klarman runs Boston-based firm Baupost. With $27 billion under management, Baupost is one of the largest hedge funds. It posted small … Read More

Lame and boring value stocks outperform ‘glamour’ stocks – Patrick O’Shaughnessy

Johnny HopkinsPatrick O’Shaughnessy, Research, ResourcesLeave a Comment

Another one of my favorite bloggers is Patrick O’Shaughnessy. Patrick is a CFA and portfolio manager at O’Shaughnessy Asset Management. He also has an awesome blog called The Investors Field Guide which is a must read for all investors. Last year he did an excellent piece on the comparative performance between value stocks … Read More

Does the current climate make markets vulnerable to a black swan event? – The Royce Funds

Johnny HopkinsResearch, Resources, The Royce FundsLeave a Comment

(Image Credit, www.mirror.co.uk) This month The Royce Funds Portfolio Manager, Charlie Dreifus discussed how the current climate of slow growth, high valuations, and interventionist monetary policy makes the markets potentially vulnerable to black swan events. Charlie Dreifus manages the firm’s Special Equity mutual funds that attempt to combine classic value … Read More

If contrarian strategies do so well, why doesn’t everyone use them? – David Dreman

Johnny HopkinsDavid Dreman, Research, ResourcesLeave a Comment

(Image credit – authors.simonandschuster.co.uk) I was recently re-reading one of my favorite investment books by David Dreman, Contrarian Investment Strategies – The Next Generation. David Dreman is the founder and Chairman of Dreman Value Management. He’s published many scholarly articles and has written four books. Dreman also writes a column for Forbes … Read More