by John Huber | May 30, 2022 | Portfolio Management, Saber Capital, Shareholder Letters & Reports, Warren Buffett
In a recent interview, Ted Weschler described his investment process as an eclectic collection of different reading material that is likely unique to him. For example, he mentions reading USA Today, Furniture Daily, and Uranium Weekly, three completely different...
by John Huber | Jun 15, 2020 | Investor Letters, Saber Capital, Shareholder Letters & Reports
Below is partial content from a note sent to Saber Capital investors on March 23rd, 2020. To join Saber’s distribution list, please use the signup form on this page. Bear Market Notes The COVID-19 panic continues to wreak havoc on both the stock market and the...
by John Huber | Jan 15, 2020 | Investor Letters, Saber Capital Management, Shareholder Letters & Reports
Below is partial content from Saber Investment Fund’s 2019 annual letter. To join Saber’s distribution list, please use the signup form on this page. Marv Levy, my favorite all-time football coach often said “When it’s too tough for them, it’s just right for us!” The...
by John Huber | Jul 25, 2016 | Case Studies, Investment Ideas & Company Research, Scratch Notes, Shareholder Letters & Reports
I recently made a list of a few shareholder letters I want to read, and one that I completed a few days ago was Credit Acceptance Corp (CACC). This post is not a comprehensive review of the business, as I just started reading about the company. But I thought some...
by John Huber | Apr 7, 2016 | Case Studies, Shareholder Letters & Reports, Think Differently
I just got done reading Jeff Bezos’ annual letter to shareholders, which is outstanding as it always it. As I finished it, I spent a few minutes thinking about it. He references Amazon’s style of “portfolio management”. He doesn’t call it that of course, but this...
by John Huber | Sep 29, 2015 | Portfolio Management, Shareholder Letters & Reports, Warren Buffett
I was glancing through the Berkshire letters from the late 1990’s because I recall Buffett briefly mentioning his large silver position he acquired and I was trying to see if Buffett referenced the specific cash cost of production. He didn’t in the letter—only...
