Now for part two of my series on my investment philosophy, asset-based/low expectations investing. In part one I described how investing in excellent companies and letting them compound over time can produce very attractive returns. Problem: these companies are very … Continue reading
My series on investing strategy will continue next week. Until then, let’s examine an aggressive manufacturing company, International Wire Group. International Wire is the largest bare wire and copper wire products manufacturer in the United States with revenues of $870 million … Continue reading
Note: What follows is the first entry in a multi-part essay on my basic investment philosophy. If you’re here mostly for individual stock commentary, let me save you some time by telling you to come back next time you see … Continue reading
Great Lakes Aviation is a regional air carrier serving 47 airports and operating 34 aircraft. Though Great Lakes is strongly profitable and produces copious free cash flow, the market values the total company at a mere 2.16 times EBITDA and … Continue reading
Tropicana Entertainment Inc. was formed from the remnants of Tropicana Entertainment, LLC which went bankrupt in 2008. Famed investor Carl Icahn brought the company out of bankruptcy in 2010 and used a company subsidiary to purchase the Tropicana Casino in Atlantic … Continue reading
Hello and happy 2013! To start this year off right, I present to you a high quality unlisted industrial company – Quality Products Inc. Quality Products is a true rarity: a tiny company that manages enormous gross and operating margins, … Continue reading