A Great Letter from Shareholders to Management
(Except for the 25 year holding period part.)
(Except for the 25 year holding period part.)
This was once our largest holding before it grew up on us. — This report is published for information purposes only. You should not consider
From the 2016 Liberty Media Annual Report Dear Fellow Shareholders, The past twelve months have seen the continued structural evolution of Liberty Media. Most notably,
At Cove Street we are constantly weighing three key variables: business, value, and people. In the case of Belmond Ltd., we are confident in the
Our man, Dean Pagonis, visited Sun Hydraulics last week under the heading of “How Does This Really Work?” Here is what they told us about
Forestar Announces CEO Transition, Management Promotions and Board Retirements ************************ September 28, 2015 06:45 AM Eastern Daylight Time AUSTIN, Texas–(BUSINESS WIRE)–Forestar Group Inc. (NYSE: FOR)
Related: Plus ça Change, Plus C’est La Même Chose.; The Fire is Burning Leading Proxy Advisory Firms ISS and Glass Lewis Recommend OM Group Stockholders
Related: Plus ça Change, Plus C’est La MêMe Chose. The following is a letter by Wynnefield Capital Management to fellow shareholders of OM Group (Ticker:
(Translation: Another Weasel-like Deal Where Public Shareholders are Sold-Out.) The topic for today is the deal announcement on May 31st that the OM Group (Ticker:
A friend of ours who works for a well-known activist firm summed it up perfectly when he said, “We are living in the era of
The “Entertainment Business” is well known for having a callous disregard for other people’s money. The origins of Live Nation (LYV) and some of the
by Jeffrey Bronchick | Chief Investment Officer Fender tried to go public in 2012. It failed and here is why. In how the world should
I am not sure I am 100% in alignment with “Gold is the Answer” but this ramble is worth reading on a number of fronts
Our premise is simple: we bought Tessera because the stock was cheap and we received nearly free optionality on either the development of a new
by Ben Claremon | Research Analyst Under normal circumstances, the prospect of leaving sunny Southern California to travel to a place where the day-time temperature
A few weeks ago, Cove Street was asked to present a small cap stock idea for the 2013 Small-Cap Investing Summit. Our analyst Ben Claremon
Central Garden and Pet (Ticker: CENTA) has been in and out of the portfolio several times over the last eleven years with results varying from
Funny things often happen on the way to the bank. It is also fair to say that sometimes you never reach the bank, or you
Despite having twenty-eight years in the investment management industry and the natural cynicism that comes with experience, I nonetheless retain the ability to be amazed
Following last week’s Fender post: Why Fender Pulled Its IPO
In my analytical career, there is a laundry list of things I have studied for investment purposes, including such topics as life insurance, cement, pet
Dear Value Investors, This was my fourth trip to the so-called Woodstock for Value Investors and my latest attempt to capture the majority of the
by Eugene Robin | Research Analyst The title of this blog post borrows a line from an Agent Orange song that I loved listening to
by Eugene Robin, CFA | Research Analyst Approach Resources, Incorporated (Ticker: AREX) is an independent oil and gas exploration company located in west Texas. As
So, we have very recently been a buyer of Jefferies (Ticker: JEF) stock, which anyone following the financial headlines would know has been pummeled in
SEI Investments — This report is published for information purposes only. You should not consider the information a recommendation to buy or sell any particular
Many things can aggravate someone who is invested in a very cheap stock. This one is particularly irking. For reasons unbeknownst to those rationally running