Value Investing Performance records of famous investors |
- Performance records of famous investors
- The Temptation Of St. Warren
- Recent interview/sit down with Jim Chanos - 12/13/2017. Discussion starts around the 6 minute mark.
- Practical example for 1) replacement value and 2) liquidation value
- Triangulating financial estimates for companies
- Tix Corporation - a micro cap value play not possible for big investors
- Google Sheets for Global Stocks
- [Request] Where to find the market cap of NYSE companies in 1980?
- Ten years in, nobody has come up with a use for blockchain
- Competing with BigCo: 2018 Edition
- Buying deep OTM options with long time to maturity
| Performance records of famous investors Posted: 29 Dec 2017 01:53 AM PST Is it possible to find these? Do they only have to be disclosed at the asset managers' discretion? We often pay close attention to the 13-Fs, letters and interviews of these investors, but their records aren't always obvious to me (I could very well be missing something obvious). The records of some are disclosed in their letters, and some have public vehicles that make it easy to get performance figures. But this doesn't appear to be the case for all? There are a ton of investors' whose records I'd love to see, but I'm particularly looking for the returns over time of Baupost Group (Seth Klarman). Kynikos (Jim Chanos). Bridgewater Associates (Ray Dalio). Any help would be greatly appreciated. [link] [comments]  |
| Posted: 28 Dec 2017 06:42 PM PST |
| Recent interview/sit down with Jim Chanos - 12/13/2017. Discussion starts around the 6 minute mark. Posted: 28 Dec 2017 10:35 PM PST |
| Practical example for 1) replacement value and 2) liquidation value Posted: 29 Dec 2017 03:30 AM PST Please I am looking for examples based on financial report/s for both a replacement and a liquidation valuation. Thanks [link] [comments]  |
| Triangulating financial estimates for companies Posted: 29 Dec 2017 03:12 AM PST I know this is a clear 'it depends' question/answer; however, how do you triangulate your estimates? Do you only focus on top line growth and operating margins? And what sources do you use to estimate them? The growth of the industry a company operates in and the company's historical financials serve as reference, but IMO rather serve as a first cut. Also, I am convinced that deriving the EPS / FCF is more important than simply tweaking the multiple for valuation purposes and having a potentially different view than consensus. Any forecast examples, also from known value investors, would be very much appreciated. [link] [comments]  |
| Tix Corporation - a micro cap value play not possible for big investors Posted: 28 Dec 2017 03:02 PM PST Hey All, I strumbled upon Tix Corporation in one of my recent screens. For many years pre-crisis they did not earn a net income. Since 2012 that changed for the better - or at least positive territory. This company sells tickets on discount for same-day shows and restaurants in Las Vegas. Current market cap is 6.2 mUSD. As of 3Q 2017 they had 5,844,000 in current assets, mostly cash. Office equipment, furniture and lease improvements totaled 3,792,000 before depreciation in the 2016 annual report. And they had a Deferred Tax Asset of 10,220,000 hence allowing them to lower future tax payments. On the liability side is mostly current liabilities of 1,701,000 and a Deferred rent obligations of 17,000. A back of the enveloped a 50 % discount to PP&E, taking cash at face value and liabilities at face value while applying a 15 % discount rate to the tax asset to estimate present value yields a estimated reproduction value-based NAV of 14,925,956 USD. It is hence selling at a discount of around 58 to reproduction value as defined by Calandros wonderful book "Applied Value Investing". In April 2015 they decided to pay regular quarterly dividend, which seemed to have been "left out" in the third quarter. MGM Resorts International decided in the third quarter to open their own booth and hence Tix cannot sell tickets for the Cirque du Soleil. They recently launched a online platform to mitigate the decrease in tickets sold. They seem keen on utilizing the NOL and realize the value of it. Is it overlooked because bigger investors have difficulties in establishing a meaningful allocation and hence the value not "corrected"? This is from their annual report "In general, an ownership change would occur if the Company's "5-percent shareholders," as defined under Section 382, collectively increase their ownership in the Company by more than 50 percentage points over a rolling three-year period.". Third quarter report: http://www.irdirect.net/prviewer/release/id/2805801 2016 annual report: http://cdn.irdirect.net/PIR/615/2096/Tix%20-%202016%20Annual%20Report.pdf Disclosure: I currently do not own any shares of TIX Corp. and I do not recommend buying based on this information alone. [link] [comments]  |
| Google Sheets for Global Stocks Posted: 28 Dec 2017 07:46 AM PST |
| [Request] Where to find the market cap of NYSE companies in 1980? Posted: 28 Dec 2017 09:16 AM PST I am looking for historical data about the 1980 market cap of companies listed on the NYSE. Can somebody recommend a source? I have access to Bloomberg Terminal if that is necessary. Thanks in advance! [link] [comments]  |
| Ten years in, nobody has come up with a use for blockchain Posted: 28 Dec 2017 07:55 AM PST |
| Competing with BigCo: 2018 Edition Posted: 28 Dec 2017 06:58 AM PST |
| Buying deep OTM options with long time to maturity Posted: 28 Dec 2017 04:38 AM PST Should a retail investor try tail hedging in this almost perfectly priced market ? [link] [comments]  |
| You are subscribed to email updates from Value Investing. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment