Saturday, August 7, 2021

Matterhorn

Matterhorn is one of the best books I've read in a while. It's a novel that puts you in the trenches of the Vietnam War.

Wednesday, July 28, 2021

New Home Buyout

Three years ago, I discussed The New Home Company as a potential value stock. Last week, the company announced that it has accepted a buyout offer.

Thursday, July 15, 2021

Perdoceo Is One Of My Favourite Stocks

Perdoceo (NASDAQ:PRDO) is extremely cheap any way you look at it. The market cap is $820 million, but the company has a net cash position of $400 million, for an enterprise value of $420 million.Read more...

Friday, July 9, 2021

Karsan Value Funds: 2021 Q2 Results

Karsan Value Funds (KVF) is a value-oriented fund, as described here. Due to securities regulations, the fund is not open to the public at this time. Should that change in the future, there will be an announcement on this site.

Monday, July 5, 2021

Cosmos

Cosmos is one of those timeless books that remains relevant despite its age. This 1980 gem by Carl Sagan explores the universe and life.

Tuesday, May 25, 2021

Friedman Back in Favour

A few months ago, I wrote about Friedman Industries (FRD) as a reasonably profitable (over the years) company that was currently in disfavour. It was a net-net and traded for less than half of its tangible book value. In a shocking turn of events, Friedman now trades at a double-digit premium to book value!

Monday, May 17, 2021

Viacom

I recently purchased shares of media giant Viacom. They pretty much do everything from creating/licensing content to distributing it across cable and internet platforms. Rarely do I own shares in companies this large, because valuations tend to be high. But some market shenanigans have created an opportunity here, in my opinion.