Value Investors by Chan

We hear a lot about the most famous value investors. But there is a group of very successful value managers who fly under the radar, many of whom are profiled in Ronald Chan's Value Investors.

Capital Cities

Tom Murphy started out managing a tv station after graduating from Harvard Business School. Over the ensuing decades, he would come to run/own the media company Capital Cities, which bought ABC and eventually sold itself to Disney, earning shareholders who hung in there from the start 10,000 times (not a typo!) their original investment. Here is a terrific interview transcript where he talks about what allowed him to be successful:

Naked Statistics

If all statistics text books were as entertaining as Charles Wheelan's Naked Statistics, I don't think statistics would be considered a boring subject.

More Than You Know

I very much enjoyed Michael Mauboussin's book The Success Equation a few months ago, so when a reader recommended another of his books, More Than You Know, I was happy to give it a try.

IBI Group Plummets Some More

A few weeks ago, I discussed IBI Group's debt as a potentially attractive risk/reward. Unfortunately, the company has since issued a very ugly quarterly report that has resulted in IBI's debentures falling to less than 40 cents on the dollar.Read more...

I Am Malala

While I take my freedom for granted, others have to fight for it every day. Malala Yousafzai was a young teenager when she spoke out against the Taliban taking over her community in Pakistan, as they banned education and other freedoms she previously enjoyed. So at the age of 15, she was shot in the head on her way home from school. Somehow she survived, and has written a book about how life changed in her community once the Taliban rolled in.

Nortech Offers Investors A Selling Opportunity

Just over 3 months ago, Nortech Systems (NSYS) was brought up here as a potential value investment. Last week, the company's shares traded as high as 100% above their levels from just 3 months ago, offering investors the opportunity to sell this company for more than its book value. Read more...