A few more notes from the Value Investing Congress
Leave a comment Read MoreAre the Despised Dinosaurs Bargains?
Einhorn’s Interesting Longs, and More Fracking
I’m absolutely sure that you can find plenty of articles about David Einhorn’s presentation today at the Value Investing Congress — unlike the past couple years, he did not tear any companies apart or allege really gross misvaluations or fraud, but did present a couple shorts and a couple longs. The shorts were a repeat […]
5 Comments Read MoreTurnarounds and Cheap Industrials
Today we’ve had two good presentations at the Value Investing Congress so far — one from Lloyd Khaner with a pretty compelling argument that Jamba Juice (JMBA) has gone through the first three years of turnaround and is ready to ramp up again with much, much better management and strategy, including a presence in public […]
Leave a comment Read MoreCan’t resist a quick tease … Tycango’s Asian Gold and Gambling
Bryan Tycango is pitching some picks for his Asian Growth Stocks newsletter, and I thought I’d take just a few moments to fill you in on them before I get back into chattering about the Value Investing Congress. The pitch is that this is the “Jewelry company selling more gold than US Mint” — and […]
4 Comments Read MoreUnlocking Undervalued Real Estate
Just had an interesting presentation from Mick McGuire of Marcato Capital Management, he called out three different companies who have good operating businesses but also understated values that are hidden by their balance sheets … in this case because they are carrying real estate at purchase prices. The three are Alexander and Baldwin (ALEX), Gencorp […]
5 Comments Read MoreJANA partners wants to unlock Agrium value
Tilson still loves Warren, Howard, etc.
Whitney Tilson had a good update presentation on some of his ideas this morning — nothing earth-shaking, and not much “new” news beyond what he shared during our pre-conference seminar yesterday or in past conferences, but he did reiterate his pitch that Berkshire Hathaway remains a ridiculous bargain, he now puts roughly a 12 PE […]
Leave a comment Read MoreGoing Splunk
I’m tempted to buy some puts in Splunk (SPLK) following the presentation by Zack Buckley late this morning — he brought the shares down by 5%, but his brief look at the business model and the growth prospects, and the accelerated revenue recognition that makes the business look better than it is, point to some […]
1 Comment Read MoreIdeas already getting Value Investing Congress bumps
So far we’ve heard from two presenters, Guy Gottried from Rational Investment in Canada presented two Canadian small caps that clearly caught the attention of the attendees — ClubLink (CLK in Canada, CLKXF on the pinks) owns a trophy tourism asset in Alaska (a scenic railway and the port that cruise ships use to get […]
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