I will post links to pages on this page in case there are multiple posts on specific ideas; this can be tricky to track on a blog. This is sort of like a manual “categories” section offered by other blog platforms.
[ THIS PAGE IS NOT UPDATED AFTER MIGRATION OFF OF BLOGGER IN JUNE 2023. USE SEARCH INSTEAD ]
YHOO LUK GS
Yahoo Worth More Than $20/Share! LUK at Book Value Goldman Sachs is Cheap!
Alibaba Worth $32 Billion LUK Buys More JEF
Yahoo Deal? LUK: Some Quick Notes
Yahoo – Alibaba Group Leucadia National Annual Meeting Notes 2012
National Beef
Leucadia FMG Note Resolution
Leucadia-Jeffries Merger
Leucadia-Jeffries Merger Loose Ends
Leucadia National Annual Meeting 2013
GOOG GLRE
Is Google Cheap? GLRE: Hedge Fund Exposure at Book
GLRE: David Einhorn at Book
Greenlight Re Investor Meeting Notes
Einhorn’s Macro Trades
Greenlight 2012 Results
What GLRE is Worth to Einhorn
TPRE
Third Point Reinsurance Ltd. (TPRE)
AAPL IBM
Why Value Investors Like Apple Harold!
Goodbye Steve Jobs
I Am Out
Why I Left Apple (Apple is a Speculation)
Apple is No Polaroid, But…
Create Your Own Apple Stub
Newton’s Apple
JPM JNJ
JPM at Tangible Book Tweedy Browne on Johnson & Johnson
Bank TARP Warrants
JPM Investor Day
JPM Annual Report 2011
JPM: Oops…
JPM 2Q Conference Call
JPM Investor Day 2013
JPM 2012 Annual Report
JPM Investor Day 2014
JPM Annual Report 2013
Dimon is Right!
JPM Investor Day 2015
JPM Annual Report 2014
Jamie Dimon for Dummies
JPM Annual Report 2015
JPM Annual Report 2016
JPM Annual Report 2017
JPM 2018 Annual Report, Website etc.
SNE
SNE
The Problem with Sony
Deconstructing Sony: Some of the Parts Have Value
Sony Disaster Continues
GSVC CCH
GSV Capital Coca-Cola Hellenic Bottling Co
GSV Capital: Exposure to Facebook Update
GSVC Update
FRFHF
Fairfax Financial’s Interesting Bet
Watsa’s Massive Bet
Fairfax India Holdings (FFXDF)
BRK
Berkshire Hathaway at Book Value?
Berkshire Hathaway Share Repurchase!
Berkshire Hathaway Price-to-Book
So What is BRK Really Worth? (Part 1)
So What is BRK Really Worth? (Part 2)
So What is BRK Really Worth? (Part 3)
So What is BRK Really Worth? (Part 4)
Berkshire Hathaway Annual Meeting Notes (of Notes) 2012
Recapitalizing Berkshire Hathaway
Buffett on CNBC
Buffett Letter 2012
Value of Investments per Share (Berkshire Hathaway)
Berkshire Hathaway Annual Report 2013
Buffett on CNBC with 3T’s
Berkshire Hathaway Annual Report 2014
Has Buffett Lost It!?
Why BRK?
MSFT BTF, BIF, DNY
Microsoft BRK at a Discount?
Softbank
What is Softbank Worth?
HRG
HRG: Harbinger Group
HRG: Harbinger Group, Negative Stub Value
MKL
Markel at Book?
Markel 2011 Annual Report
Markel – Alterra Merger
Markel 2012 Annual Report
Markel 2013 Annual Report
Markel 2014 Annual Report
Markel Ventures
6201: Toyota Industries
6201: Toyota Industries
L
Loews Corp
CNA: One of the Parts (of Loews)
Loews Corp: Recent Returns, Adjusted Book Value etc…
Loews Adjusted Book Value Update
More Adjustment to Loews Book Value
Loews 2012 Annual Report
Loews 4Q 2014 Conference Call
Loews Annual Report 2014
Y
Y: Alleghany Corp
Alleghany – Transatlantic Merger
Alleghany Corp Investor Day
Alleghany Annual Report 2013
Y So Cheap?
Alleghany Annual Report 2014
FOFI
FOFI: Hedge Funds at a Discount?
RNSDF
Renault-Nissan: A Stub Trade from Hell
CRESY
CRESY: Emerging Market, Farmland, Real Estate
OZM
OZM: Och-Ziff Capital Management Group
12% Dividend Yield?! (OZM: Och-Ziff Capital Management)
Perpetual Option: Och-Ziff Capital Management Group (OZM)
KKR
KKR Cheap?
OAK
OAK: Oaktree Capital Management IPO
Oaktree’s Grand Slam
DoubleLine Capital Valuation Hint
Solid Results at Oaktree, But…
Memo from Brooklyn (OAK’s Preferred Rate)
NMR
How Do You Solve a Problem Like Nomura
Possible Downgrade of Nomuras Credit
Nomura Update
Olympus
Olympus
Olympus Kills Japanese Stock Market?
Olympus Continued
JEF
Stunningly Bad Analysis
JEF Up 20%
HPQ
Seth Klarman Buys Hewlett Packard?
PZN
Pzena Investment Management (PZN)
Active Play: Pzena Investment Management (PZN)
2492
2492: Infomart
7974
Nintendo for Free?!
AMZN
Is Amazon a Short?
BH
Biglari Holdings: Real Deal or Phony?
Cracker Barrel – Biglari Holdings
Biglari Holdings Annual Report
Biglari Holdings Annual Meeting
Biglari Compensation Plan
FB
So What is Facebook Actually Worth?
BAC
Taking a LEAP into BAC
Stubbing Bank of America
Merrill Doing Good, What’s Wrong with GS?
RHDGF
Retail Holdings
Bangladesh and Sri Lanka
JCP
America’s Favorite Store Part 1
America’s Favorite Store Part 2
JCP: Johnson Premium Gone
SEB
SEB: Seaboard Corporation
Seaboard Corp (SEB): The Other Protein Trade
CKH
CKH: Seacor Holdings Inc. Annual Report 2011
8766
Tokio Marine Holdings: Japan Fund with Negative Management Fee?
LAZ
Lazard: Countercyclical Finance Play?
WFC
Wells Fargo-Goldman Sachs Merger
Wells Fargo is Cheap!
Mr. Market versus Mr. Buffett
WETF
WisdomTree Investments (WETF)
KCG
Knight Capital Group (KCG)
SPE
Special Opportunities Fund (SPE)
CHTR
Charter Communications (CHTR)
LMCA
Liberty Media Investor Day 2013
CWGL
60% Yield! (CWGL: Crimson Wine Group)
TDY
Is the Next Teledyne the Old Teledyne?
FRMO
FRMO Corp. (FRMO)
DVA
DaVita HealthCare Partners
POST
Post Holdings (POST)
Post Holdings Annual Report 2013
Platform Specialty Products
Platform Specialty Products
DTV
DIRECTV (DTV)
ARES
Ares Management, L.P. (ARES)
BUD
Big Dream: Anheuser-Busch Inbev (BUD) / Coca-Cola (KO) Merger
KO
Is Coke Undermanaged!?
Heinz
Heinz Update: Who’s Next?
Kraft-Heinz
TETAA
Teton Advisors, Inc. (TETAA)
WLRH
WL Ross Holding Corp (WLRH)
SHAK
Shake Shack Inc. (SHAK)
COWN
Cowen Group, Inc. (COWN)
GRBK
Green Brick Partners, Inc (GRBK)
BAM
Brookfield Asset Management (BAM)
MDLZ
Mondelez International (MDLZ)
SCHW
The Charles Schwab Corporation (SCHW)
AME
AMETEK, Inc. (AME)
BKS
Barnes & Noble (BKS)
General Comments on Investing
The Perils of Trying to Time the Market
Are Stocks Still Good Investments?
Theme Investing, Good Idea?
Buffett Editorial in the NYT
Where Will the Markets Go?
Second-level Thinking
Joel Greenblatt on CNBC
The Rube Goldberg Portfolio
Crash?!
Crude Oil Prices
VIX: The Fear Index
Are Stocks Expensive Now?
Ungold!
Stocks No Good? (Superinvestors)
Real Economy OK?
BPS Growth at Banks versus S&P 500 Index
VIX: Fear Index Update
Bullish For Next Ten Years
Some More Bullish Stuff
Market Volatility
Investing as a Skill
Eliminate Wall Street Bonuses?
Cheap and Cheaper
Bill Miller Steps Down
Profit Margins Headed Down?
Gold Standard?
Quick Comment on the Market
Financials Still Cheap
On Gold and Inflation
What’s Important
Natural Gas Prices
Duquesne Family Office: Druckenmiller Likes Gold
Banks’ Real Nightmare
Market Volatility
Net Interest Margins etc.
The Real Cause of the Financial Crisis: Money Market Funds
Howard Marks on Macro etc.
Wall Street Firms Only For Employees?
World War III and the Stock Market (and other random thoughts)
DF Spinoff, Mr Market, When to Sell etc.
Quick Comment on Fundamental Analysis
The Big Secret, Magic Formula, WisdomTree etc.
The Deep Value Cycle (and the Case for Value Investing)
Crash!!?
Fiscal Cliff Doesn’t Matter
Financials Still Look Good: Part 1
Financials Still Look Good: Part 2
Corporate Profits-to-GDP: Why Doesn’t Buffett Care?
Greatest Investment Book Ever Written
13% and 15% Pretax Returns Now!
Tapering, Market Overvaluation etc.
The Market is Fairly Valued!
A Really Great Book: The Outsiders
What To Do In This Market
Pzena Quarterly Newsletter: Record Profit Margins?
Greenblatt on CNBC: Markets Reasonably Valued
Perils of Trying to Time the Market II
Buffett the Market Timer Part 1: The Partnership Years
Buffett the Market Timer Part 2: The Berkshire Years 1965-1980
Buffett the Market Timer Part 3: The Berkshire Years 1981-1990
Buffett the Market Timer Part 4: The Berkshire Years 1991-2004
Buffett the Market Timer Part 5: The Berkshire Years 2005-2013
10x Pretax Earnings! Case Studies: KO, BNI etc.
$24 Billion Wealth Transfer?!
What To Do in this Market II: Gotham Funds
Cost Cutting, R&D etc.
Catmull’s Mental Models
Value Stocks in Market Corrections
Good to Great: The Stockdale Paradox
Buffett on Market Valuation
The Halo Effect
The Perils of Trying to Time the Market III
Overvalued Market?!
What To Do In This Market: Gotham Funds Update
Market Timers vs. Macro Hedge Funds
Buffett is Right! (About Bitcoin)
Zero-based Budgeting Book
the missing manual: Berkshire Hathaway / Warren Buffett
Market Valuation (Scatter Plot)
In Search of a Stock Market Bubble
In Search of Value
Quick Update on SuperPortfolios
China Crash -> U.S. Crash?! and Great Book
Record Valuation Spreads!
Scary Chart!
Scary Chart Part II
Scary Chart Part III: Missing the Trees for the Forest
13F Fun
More 13F Fun
Gotham’s New Fund
Bonds Down, Stocks Up!
Overbought!!?
Bogle Book, Indexing etc.
Six Sigma Buffett, Taxes, Fund Returns etc…
Buffett on Valuation
High Fees
Bubble Watch
Bitcoin, Marks
Bubble Watch X
Is Buffett Bearish?!
BRK Corporate Governance, MSFT, Market Volatility etc.
Bubble Yet?
What It Takes, Dimon, Twitter etc.
Malone Interview (CNBC), Iger Book, Bubble Watch
Coronavirus, Munger etc.
great work
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