Value Investing Q4 2018 Letters and Reports

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• Q4 2018 Letters and Reports
• Guide to the market Q1 2019
• Joel Greenblatt Talk (Yay!)
• Dalio says it’s 1937 all over again
• The 20%-a-Year Stock Picker Who Wishes His Edge Would Disappear
• Eddie Lampert Offers to Save Sears or Salvage Pieces in a Partial Liquidation
• Share Buybacks are...
• 2018 Annual Letter: Wiedower Capital
• Trouble Understanding Revlon Bull Thesis

Q4 2018 Letters and Reports Posted: 02 Jan 2019 02:05 PM PST Investment Firm Date Posted ARP - The Art of Defaulting January 2 Benjamin Graham Papers January 2 Crescat Capital January 2 East 72 January 2 GMO - Quality Equities January 2 James Montier - The Late Cycle Lament January 2 JPMorgan - Guide to the Markets January 2 Michael Mauboussin Papers January 2 Spruce Point Capital - XPO Logistics January 2 submitted by /u/Beren- [link] [comments]

Guide to the market Q1 2019 Posted: 02 Jan 2019 11:21 AM PST submitted by /u/_wheredidmymoneygo_ [link] [comments]

Joel Greenblatt Talk (Yay!) Posted: 02 Jan 2019 11:58 AM PST https://www.youtube.com/watch?v=abhritgs020 submitted by /u/Stuffmatters_123 [link] [comments]

Dalio says it’s 1937 all over again Posted: 03 Jan 2019 04:00 AM PST submitted by /u/manateesloveyou [link] [comments]

The 20%-a-Year Stock Picker Who Wishes His Edge Would Disappear Posted: 03 Jan 2019 02:48 AM PST submitted by /u/Beren- [link] [comments]

Eddie Lampert Offers to Save Sears or Salvage Pieces in a Partial Liquidation Posted: 02 Jan 2019 02:40 PM PST submitted by /u/Beren- [link] [comments]

Share Buybacks are... Posted: 02 Jan 2019 04:52 PM PST I've seen it mentioned in this sub a dozen times that share buybacks are always a good way to gauge an investment in a company. Although this is true it should be noted that other metrics need to be viewed as well. A good example is Apple. In Q3 they purchased 20Billion worth of stock at 210ish a share. But in Q4 they have basically purchased nothing when the stick is at all time lows. Apple failed to see the decline in China sales as well as US. I just find it pretty notable that a big "untouchable" company like Apple would miss something like that. And I'm sure there are other factors. It's just a general observation. Long story short, buybacks aren't always accurate with "company x feels their stock is the best investment." This shows how insider bias can have big negative impacts for outsiders looking in if they choose to follow blindly. Always do your own DD! submitted by /u/smellsmira [link] [comments]

2018 Annual Letter: Wiedower Capital Posted: 02 Jan 2019 11:15 AM PST submitted by /u/themarketplunger [link] [comments]

Trouble Understanding Revlon Bull Thesis Posted: 01 Jan 2019 05:18 PM PST Both Mittleman Brothers and Laughing Water Capital are strong bulls on Revlon. I'm struggling to see the logic behind projections for the investment thesis(other than insider buying/ownership) and was wondering if anyone could give me more insight. Mittleman's Letter with Thesis: https://www.docdroid.net/5kBJvGL/mittleman-brothers-q2-2018-letter.pdf#page=7 submitted by /u/BarakubaTrade [link] [comments]

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