by John Huber | Jun 27, 2016 | General Thoughts, Investment Philosophy, Overall Stock Market, Portfolio Management
I thought I’d put up a quick post with an interesting chart that might provide some food for thought. Considering the volatility in the past few days that was created by the surprising results of the “Brexit” referendum where the U.K. voted to leave the European...
by John Huber | Jun 6, 2016 | Education, Investment Philosophy
“Leaving the question of price aside, the best business to own is one that over an extended period can employ large amounts of incremental capital at very high rates of return.” – Warren Buffett, 1992 Shareholder Letter I received a lot of feedback, comments and a few...
by John Huber | May 23, 2016 | Investment Philosophy
I’ve talked a lot about the importance of the concept of return on invested capital (ROIC), and how it is a key driver of value in a business. Feel free to go back and read some of those posts here. In this particular post, the discussion is continued. This post...
by John Huber | May 9, 2016 | General Thoughts, Investment Philosophy, Investment Quotes, Superinvestors, Warren Buffett
I spent some time traveling in the car last week. Whenever I am driving by myself, I always listen to something—usually related to business or investing. I keep a long list of videos of interviews or talks that I can pick from whenever I am in the car. On this...
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 | Dec 6, 2015 | Case Studies, Investment Philosophy
In general, I find reading short reports to be a very valuable exercise. I don’t do much shorting in my partnership, but I find that for the most part, short sellers provide a useful service to the capital markets and I think that the good short sellers (who are few...
