We bought our Mutual Fund for $1 when we started Cove Street. It might have been overvalued on an NPV weighted for back-office commitment. This
It is no secret that a cadre of mega cap tech stocks have had a spectacular run so far in 2023. And while the “Magnificent
We are pleased to announce the 9th and arguably last Women in Finance Intern at Cove Street Capital: Sophie Zeng. I don’t think we can
“First shalt thou take out the Holy Pin. Then shalt thou count to ten, no more, no less. Ten shall be the number thou shalt
Cove Street just celebrated its 10th anniversary as a firm and we are celebrating by re-launching our website. We hope you like the new format
FDR is regarded as one of the most effective communicators in radio history. Although the fireside chats are often thought of as having been a
Dear CSC Partner: In this uncharted mess of circumstances in which we are presently all immersed, unless requested otherwise, we will try to keep our
Every December our firm is excited to spend time and money toward a charitable cause that is chosen by a different CSC team member each
‘The Second’ Is Best: How El Segundo Grew Into LA’s Premiere Office Market: Commercial Observer
Continuing on the corporate governance theme, we are posting this oldie but goodie. A couple of years ago, I was interviewed by The Manual of
– Second Read: Writers Look Back at Classic Works of Reportage by James Marcus – In Our Mad and Furious City by Guy Gunaratne –
ESG investing is all the rage today. For any of you not familiar with ESG, it has become synonymous for socially responsible and sustainable investing.
I have known Toby Carlisle for close to 10 years now. Toby is a deep value investor who runs a firm called Acquirers Funds. At
“We make a living by what we get, but we make a life by what we give.” —Winston Churchill Each year, Cove Street gives both
Click here for our 2018 presentation.
— Download this post as a PDF — “Until one is committed, there is hesitancy, the chance to draw back. Concerning all acts of initiative
— Download this post as a PDF — by Dean Pagonis | Research Analyst Intelligent investors can always come up with a slew of reasons
The Cove Street Capital Women in Finance Program—Summer Edition—welcomes Beatrice Woodruff to the team. After an intensive CFA week of training, and to paraphrase Vince
This was Cove Street Capital’s 2015 holiday book gift: From: Thomas N. Mahoney, CFA, CAIA, UBS Private Wealth Management To: Jeffrey Bronchick, CFA, Cove Street
Properly speaking, there are only three reasons why someone should allocate capital to a money manager: 1. New funding or capital inflows. 2. An existing
We have habitually re-counseled clients (and ourselves) that financial markets go down as well as up and that is actually a good thing as we
CLICK HERE to download our supporting charts for going forward in 2016.
All the Light We Cannot See — Anthony Doerr Churchill — Paul Johnson Hitch-22: A Memoir — Christopher Hitchens How Life Imitates Chess: Making the
RECENTLY ADDED: Conservative Investors Sleep Well – Philip A. Fisher Good Strategy Bad Strategy: The Difference and Why It Matters – Richard Rumelt Organizational Intelligence:
Every December, the Cove Street Capital team spends both time and money on behalf of a charity. This year we spent an afternoon at the
Warren Buffett: Former Executive Offices – 97 Cove St, New Bedford MA 02744
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
“The fault, dear Brutus, is not in our stars, but in ourselves…” The latest in a long line of thought provoking pieces by investment consultant guru
Good investing is a continuous evaluation of business characteristics, valuation and judgement about the people running the show. Valuation is math and perseverance. The changing
