by John Huber | Nov 7, 2017 | Charlie Munger, Warren Buffett
I recently came across a letter that Buffett sent to Chuck Huggins, the CEO of See’s Candies in 1972 (thanks to Marcelo Lima at Heller House for posting it). See’s is a case study that has been dissected from every angle, but this was a letter I hadn’t...
by John Huber | Jul 10, 2017 | General Thoughts, Investment Philosophy, Investor Letters, Saber Capital Management
I recently wrote an investor note on some thoughts I have on customer value, and why I think it’s important when analyzing businesses. I thought I’d share that letter here: Saber Capital Investor Note: “Most Important Moat” (6/13/2017) In the note, I outline why I...
by John Huber | Jan 12, 2017 | Case Studies, Charlie Munger, Investment Philosophy
A few months ago we had an interesting post/discussion on the site where Matt Brice and I share some of our research and investment ideas. The topic was Munger’s ability to quickly discard an investment opportunity if it was something he didn’t understand or a...
by John Huber | Nov 29, 2016 | Investment Philosophy, Portfolio Management
I was recently reading through some old investor interviews from the excellent Graham and Doddsville newsletter from Columbia Business School, and I came across an interview from Glenn Greenberg of Brave Warrior (formerly Chieftain Capital). A couple years ago I...
by John Huber | Nov 1, 2016 | Case Studies, General Thoughts, Investment Philosophy
I gave a talk at an investing conference in Philadelphia last week where I discussed my overall approach to investment along with three broad categories where I think investors could focus to gain an edge (I’ll share the slides in a later post). I don’t attend many of...
