Surging to a Large Discount

Shares of Surge Components (SPRS) are extremely cheap. The company is profitable, but still trades not much above its net cash level. I first came upon the company following this tweet from value investor Paul Sonkin:

Meade Loses 1/3 of Market Cap Due To Mistake?

Meade (MEAD) shares fell by almost 30% today, seemingly on news that Hummingbird Management has cut its stake in the company from 7.63% to 3.24%. There may be reason to believe the filing is a mistake and that Hummingbird hasn't actually cut its stake, however.

Previously Unavailable Stock Info

Value investors know that the most inefficient part of the market at any given time is likely in the smallest companies. But getting the info on these companies that you need in order to make an investment decision can be hard to come by. Over-the-counter stocks don't always publish their financials; sometimes, such info is only made available in hard copy format to current shareholders, which is undoubtedly a small group. One site seeks to change all that!

The Innovator's Solution

The Innovator's Solution is one sequel that doesn't disappoint! Christensen follows up the popular The Innovator's Dilemma (previously summarized on this site here) with this new book that helps deepen the reader's understanding of technological disruption in business.

Get Notified When A New Transcript Is Available

Thanks for all your feedback regarding the conference call transcript site. To provide an update, I have added some more functionality to hopefully make it more useful.

QLogic: Likely Undervalued

Shares of QLogic (QLGC) have been thrashed over the last couple of years. But this is a well-capitalized company in a growing industry that is a market leader in many of its product segments.

The Black Book of Communism

I've known for a while (through understanding economics and some history) that communism lowers a society's standard of living, and thus kills unintentionally. What I did not realize until reading Panné's The Black Book of Communism is how much Communist leaders have killed intentionally!