tag:blogger.com,1999:blog-7294165939647321702.post9132010800197844083..comments2024-03-11T10:31:06.107-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: Stealing from Steel PartnersSaj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7294165939647321702.post-1605536114173977202016-10-05T08:20:37.093-04:002016-10-05T08:20:37.093-04:00Do you know the tax consequences for owning SPLP?
...Do you know the tax consequences for owning SPLP?<br /><br />I don't want to trigger US tax filing requirements if I don't have to.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-46068074941100591562016-10-04T15:39:00.298-04:002016-10-04T15:39:00.298-04:00Hi Juan,
If I were to come across such a situatio...Hi Juan,<br /><br />If I were to come across such a situation, it would probably make me think twice. However, I can't think of a case like that. I didn't notice any problems with SPLP's letter, so maybe I'm not discerning enough.<br /><br />One of the most disorganized reports I read is from Glacier Media, but I still own it despite my opinion.Saj Karsanhttps://www.blogger.com/profile/04493152766022812984noreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-48727963501784933302016-10-03T12:37:31.710-04:002016-10-03T12:37:31.710-04:00Very interesting write-up, Saj. Thanks for posting...Very interesting write-up, Saj. Thanks for posting. <br /><br />The company does looks cheap. <br /><br />The annual letters, though, seem somewhat disorganized and sloppily written. That's always disconcerting. It makes one wonder whether the CEO is a careful and methodical guy. If he's a bad writer, is he also a bad thinker? And why doesn't he ask a friend to edit his letters? <br /><br />I don't give much weight to such speculations, though, and so am long SPLP too. But I'd very much like to hear what you do when the annual letters of a company you otherwise like turn out to be a dog's breakfast (I wouldn't call SPLP's that).juannoreply@blogger.com