This is a ChatGPT-free Zone
So it’s been a while since my last post (no pun intended). I didn’t mean take any time off. December was a busy month with some travelling, holidays and things like that (shopping etc.). But I intend to keep posting here as before. I know most blogs tend to peter out after a year or…
So, someone commented on another outsider-esque investment idea backed by some billionaires. Platform Acquisition Holdings is another Martin Franklin – Nicolas Burggruen SPAC (special purpose acquisition corporation, otherwise known as a blank check company). Bill Ackman also owns a stake. I think this is Ackman’s second investment with Franklin – Burggruen. The first was in…
OK, so nobody is going to believe me again. People will think I am just sitting here watching TV and then when I hear something interesting, I look stuff up and make a post about it. Well, there’s nothing wrong with that but that’s only part of the story. I was looking at POST in the…
OK, so this is really a strange coincidence. I was honestly thinking about making a post about Exxon Mobil (XOM) recently. Of course, noone will believe me; they will think I am just posting this because of Buffett. Well, yes. I like to post about Buffett’s picks because why not? He is the greatest investor ever. …
So Ted Weschler, one of Berkshire Hathaway’s (BRK) new investment managers made some news recently. He bought 3.7 million shares of DaVita HealthCare Partners (DVA) after their dreadful 3Q conference call in which Thiry (DVA’s current and long time CEO) said that the outlook for 2014 is worse than they had anticipated, and the hit to…
After such a huge rally since the great recession, and now after a huge runup this year people are wondering what to do with their money. Many are afraid that the markets will tank as they are getting bubbly and there will eventually be tapering that will most certainly be devastating to the markets. But…
So I read a book, make a post about it and all sorts of ideas start coming out. This is another thread that comes out of that and I am going to pull it to see where it goes (thanks to the person who mentioned this in the comment section in the other post). I…
OK, so this is another extension of the footnote to the book post. Someone mentioned in the comment section that Colfax (CFX) is the younger analog to Danahar (DHR) and it is owned by some Tiger cubs and BDT Capital, a firm run by Byron Trott (Buffett’s investment banker). Here’s the 2013 ownership section from the 2013…
OK, so I’ve known about Henry Singleton and Teledyne for a long time. Buffett has said that he was the greatest capital allocator of all time. Since I read the outsider CEOs book I got to thinking about Teledyne again. I am embarassed to say that I have the book, Distant Force: A Memoir of…
So this is sort of a footnote to the previous post about a really great book. (The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success. ) In chapter one (page 34), Thorndike mentions the TransDigm Group (TDG) as a contemporary analog for Capital Cities. TDG has grown cash flow at 25%/year since…