by John Huber | Mar 20, 2014 | Case Studies, General Thoughts
“The single most important decision in evaluating a business is pricing power. If you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business. And if you have to have a prayer session before raising the price by 10...
by John Huber | Mar 10, 2014 | Investment Philosophy, Shareholder Letters & Reports, Superinvestors, Warren Buffett
“Investment is most intelligent when it is most businesslike”. – Ben Graham, The Intelligent Investor This is the time of year that I always look forward to for a variety of reasons. Spring is near in my area of the United States, college basketball...
by John Huber | Feb 25, 2014 | Case Studies, Investment Ideas & Company Research, Think Differently
I came across an excellent presentation that I wanted to share because it sparked some thoughts. It is not about a current—or even prospective—investment, but one that exemplifies the art of thinking differently. I spend a fair amount of time reading annual reports...
by John Huber | Feb 20, 2014 | Education, How to Improve Results, Warren Buffett
I am in the midst of writing a few posts on the importance of Return on Invested Capital (ROIC). I wrote two posts last week discussing Greenblatt’s formula and some thoughts on the topic (Here and Here). I’ll have one or two more posts next week...
by John Huber | Feb 11, 2014 | Investment Philosophy, Joel Greenblatt, Superinvestors, Warren Buffett
In part 1 of this post, I mentioned I caught a video interview with Joel Greenblatt at Morningstar. In the video, Greenblatt talks about indexing, and things that are not necessarily interesting to me and my investment strategy, but he also had some brief comments on...
