by John Huber | Apr 5, 2016 | General Thoughts, Investment Philosophy, Investment Quotes, Walter Schloss
“Ship your grain across the sea; after many days you may receive a return. Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.” –Ecclesiastes 11:1-2 Investors have always discussed and debated the merits of...
by John Huber | Mar 23, 2016 | Investment Ideas & Company Research, Warren Buffett
I own Berkshire Hathaway stock. In fact, it’s a stock I bought recently for the first time ever, despite following it for years. I think earlier this year it became (and to a large extent still is) far too cheap. It’s not a stock that I think has huge upside, but it...
by John Huber | Mar 7, 2016 | Case Studies, Superinvestors, Warren Buffett
I was reading through the 2014 (last year’s) Berkshire Hathaway annual report and 10-K looking for a few things, and happened to reread Buffett’s letter from last year. I wrote a post a couple weeks ago concerning buybacks and Outerwall, and how a company that is...
by John Huber | Feb 22, 2016 | Case Studies, General Thoughts
Outerwall is a stock that has been struggling as the cash flows from Red Box are drying up much faster than investors have expected. Not only that, but Outerwall management has had the troubling habit of throwing good money after bad by “investing” in things like...
by John Huber | Jan 20, 2016 | Case Studies, Investment Ideas & Company Research
I wrote a post a few months ago on Fastenal’s quarterly results. As I mentioned then, it’s one of the few companies that puts out an earnings press release that is more like a quarterly investor letter than a typical corporate press release. As I did last...
