Some Links For The Week

Motley Fool-Monish Pabrai’s Lunch With Buffett and Munger.

Value Investing Blog-Alpha Pro Tech And The Value Of Optionality.

Cant Eat Value-Why You’re Undervaluing Good Capital Allocation.

Student Of Value-Investment Analysis Of Quality Products $QPDC The Mysterious.

Zero Hedge-Guest Post: A Short Lesson In Bad Decision Making.

The Daily Beast-Don’t Go To Business School!

Wexboy-The Great Irish Share Valuation Project (Part 1).

Oddball Stocks-CIBL is Undervalued Again, Is The Valuation Gap Enough?

Business Insider-Vitaliy Katsenelson Presentation On Why The Market Will Move Sideways For Another Decade.

Distressed Debt Investing-The High Yield Market “Is Completely Out Of Control”.

Philip Beeching-Why Companies Fail–The Rise And Fall of HMV.

Value Walk-Charlie Munger And The Art Of Stock Picking.

Sahara Investing-The Hour Glass.

OTC Adventures-Great Lakes Aviation Is Not Your Typical Airline $GLUX.

Grizzly Rock Capital-Why Selling Methodology Differs For Average Versus Great Companies.

Seraphin Group-When Do I Sell Stocks? Drawing Wisdom From Buffett To Zuckerberg.

CS Investing-Reading On Moats And Competitive Advantages.

Whopper Investments-Why Is Buying A Rising Stock So Hard?

Guru Focus-Geoff Gannon On How To Learn Everything You Need To Know About A Stock.

25iq.com-Charlie Munger On Investment Concentration Versus Diversification.

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Weekend Reading Links

Oddball Stocks-What’s Your Real Business? The National Stockyard Story.

Geoff Gannon Guru Focus-Always Use Normal Numbers.

Shares and Stock Markets-How To Value A Business Like A Professional Money Manager.

The Aleph Blog-If You Want To Be Well Off In Life.

The Meta Picture-Learn To Read Korean In 15 Minutes.

Geoff Gannon Guru Focus-What Is The Best Way To Learn Accounting?

Oddball Stocks-Investing Like A Lender.

Graham And Doddsville-The Value Investing Gene-Buffett, Klarman, and Evolution.

The Guru Investing-Small, Illiquid, and Cheap: A Winning Combo.

Greenbackd-Quantative Value: A Practitioner’s Guide To Automating Intelligent Investment and Eliminating Behavioral Errors.  Have not read the book yet but plan to.

Micro Cap Club-Alter NRG Corp: Disposition Case Study With Ending Unknown.

Businessweek-Ryan Morris, 28-year-old Activist Investor.

Gannon And Hoang On Investing-My Investment Process.

OTC Adventures-Calloway’s Nursery $CLWY.

Aswath Damodaran Musings On Markets-Acquisition Accounting II: Goodwill, More Plug Than Asset.

 

Seeking Advice, Offering My Services, And Sharing Links

Seeking Advice

If you have ever read the goals page on this blog you know that I plan to open up my own investment partnership or work at a value fund as an equity research analyst as soon as my health gets completely better.

My health is still not completely better so opening my own firm will have to wait, and unless I can get an outsourced research analyst job where I can stay at home that also will have to wait a bit longer.

Thus far I have sent emails to some value investment firms showing them my work in the hopes of becoming an outsourced research analyst for their firms and have so far received no replies.  Thinking about getting some packets together and sending physical information to them because I am sure these firms get hundreds or thousands of emails per day.

As I have been gaining experience, knowledge, and confidence in my ability to analyze companies, I have been looking more and more into what I can possibly do to make some money while I wait for my health to get completely better.

So far I have come up with two ideas while I wait to open my firm:

  1. Starting some kind of research firm where I could sell my ideas and analysis articles to value investment firms, or work for them from home doing research on specific companies that they want me to look into.
  2. Some kind of consulting firm where I could offer my services to local businesses offering to analyze their businesses to see where they could maybe cut costs, and give them some ideas about how they could become more profitable.

So far I have gone over the various pros and cons of both and wanted to ask if any of you have any experience doing either of those two ideas above, what those experiences have been like, and if you might be able to offer any advice about potentially starting one of those firms.  Also if you might have any other ideas of how I could put my knowledge to use while I wait for my health to get better please let me know.

If any one of you are looking for someone who loves to research and dig deep into companies please let me know as I would be very interested in learning about your company and hearing those opportunities as well.

Any advice or help would be very much appreciated as I think I could be an asset to companies and help make them money.

Weekend Reading Links

Greenbackd-The Brick Valuations and Analysis Report.

Oddball Stocks-The Problem With Linear Thinking.

CNN Money-The Best Investor You Have Never Heard Of.

Geoff Gannon at GuruFocus-What Is Your Investing Goal?

Geoff Gannon at GuruFocus-How Would Warren Buffett Invest If He Was Starting Over Today?

Farnam Street-General Failure.

Old School Value-How To Invest In The Stock Market-Reflections.

Barel Karsan-Insight Into A Buffett Moat.

Microfundy-Buybacks Vs Dividends.

OTC Adventures-IECH Corporation.

Weekend Reading Links From Geoff Gannon, Oddball Stocks, The Value Perspective, Farnam Street, Pick The Brain, and Others

While I have to go back over all of the annual, quarterly, and proxy reports of the company I am researching to get my notes back on the article I am preparing to write, here are some weekend reading links.

Benzinga-Cash Flow Sheninigans: Salesforce.com Edition

Value and Opportunity-Gronlandsbanken AB: Sleepy Eskimo Bank, Or Moat Company With Natural Resource Option

The Value Perspetive-Value Investors Distinguish Between Safety And The Perception Of Safety

25i1.com-Charlie Munger On Mistakes

Oddball Stocks-A Profitable Cash Box Or A Cash Box With Profits?

Pick The Brain-3 Ways To Reduce The Chances That You Are Deluding Yourself

Geoff Gannon-What’s Your Investing Routine?

Farnam Street-The Role Of Skill And Luck

Farnam Street-What We Suffer From Today

The Value Perspective-Investors Are Often Unable To Visualise Potential Upsides For Struggling Sectors Such As Retail

Update, Learning a Language in 22 Hours and Links from Geoff Gannon, Student of Value, Distressed Debt Investing, Valuewalk, OTC Adventures, and Others.

I have been doing research on another company over the weekend and to my surprise I have found it to be undervalued by at least 30%, which is my required minimum margin of safety, and a hurdle that has been hard to clear this year.

The company is a micro cap with daily volume of around 2,000 shares being traded, it is profitable, has decent margins, and looks to have at least minor sustainable competitive advantages up to this point in my research.  The company appears to be very promising thus far and I have been continuing my research by reading every annual report since 1999 and looking into its competitors.  I hope to have an update as soon as possible and until then will be posting links.

How I learned A Language In 22 Hours.  I have always wanted to learn a language and after reading this article I decided to try out Memrise.  After only an hour or two, I can already recognize more than 100 Chinese words, committed them to my long term memory, and have been learning how to say them.  I am enjoying this site immensely so far and would highly recommend the site to anyone looking to learn a language.

Student of Value-Studying With The Help of Free Online Courses

Geoff Gannon-The Most Time Efficient Way To Find Cheap Stocks

Geoff Gannon-What Is Your Required Rate of Return

Distressed Debt Investing-OSG, A Lot Of Questions

Valuewalk-Interview With Dan Miller, PM Of The Gabelli Focus Five Fund

Geoff Gannon-What To Do When Good Stocks Aren’t Cheap

OTC Adventures-Mexican Restaurants Inc-CASA

WEKU.FM-Why Coke Cost A Nickel For 70 Years

Geoff Gannon-How Much Time Do You Spend Researching A Stock?

Links From Geoff Gannon, Oddball Stocks, Greg Speciher, OTC Adventures, GuruFocus, MicroCapClub, and Others

I hope everyone had a great Thanksgiving weekend.  Other than eating great food and spending time with family I also got a lot of work done.  I spent a lot of this weekend looking into Wendy’s as a possible investment and my article about them should be up later this week.  I also spent a lot of time catching up on articles that I have been saving to read, some of which I will be sharing with you below.

Oddball Stocks: My Investment Process Applied To eOn, a net net trading at 3X FCF.

Geoff Gannon: When To Sell A Stock.

OTC Adventures: Retail Holdings NV $RHDGF

Pick The Brain: The One And Only Law Of Success

Columbia Business School: Think Small, A Different Perspective On Economies of Scale.

MicroCap Club: 8 Habits of Highly Effective Micro Cap CEO’s

Greg Speicher: Comprehensive Resources On Charlie Munger

MicroCap Club: The Case For Micro Caps

Geoff Gannon: The Most Time Efficient Way To Find Cheap Stocks

Value Uncovered: Tessi, High Quality Owner Operator