by John Huber | Dec 13, 2013 | Case Studies, General Thoughts, Industry-Banks, Superinvestors, Think Differently, Warren Buffett
I wrote a post about screening for quality bank stocks and another one here about Wells Fargo vs Cheap Community Banks and thought I’d post on some other comments I have here. Some of these thought might sound contradictory (everyone wants to separate stocks...
by John Huber | Dec 5, 2013 | Case Studies, General Thoughts, Industry-Banks, Investment Ideas & Company Research, Think Differently, Warren Buffett
Charlie Munger once said that he compares every possible investment to Wells Fargo… Why buy company X if it’s not as good/cheap as WFC? For weeks I’ve been slowly and steadily working my way through hundreds of small community bank stock filings looking for bargains....
by John Huber | Nov 25, 2013 | Case Studies
Over the weekend I was reading through some Charlie479 posts on VIC (who I’ll introduce below). He recommended a company called Winmall & Co (WNMLA), a small, illiquid, management-controlled stock in 2001 that was selling for about 43% of net cash. Below is an...
by John Huber | Nov 18, 2013 | How to Improve Results, Investment Philosophy, Investment Quotes
“(The Intelligent Investor) taught me how to think about a stock and the stock market. It taught me the market was there not to instruct me but to serve me. – Warren Buffett, 2013 Berkshire Hathaway Annual Meeting Ben Graham taught us that it is crucial to...
by John Huber | Oct 25, 2013 | Investment Philosophy, Superinvestors, Think Differently, Walter Schloss, Warren Buffett
Earlier this week I responded to a comment that centered around the role of luck in long term outperformance. Feel free to read my response to the comment in Part 1 of this post where I list the #1 main reason why most people don’t replicate the results of...
