I will categorically deny that I have ever hired anyone for the simple reason that I did not want take a turn at voting CSC
From time to time, there are some decent questions raised about investing that emanate from the academic world of investment research. You should always dig
As the designated proxy analyst this spring, I had the recent pleasure of pouring over nearly 100 proxies – between both companies we do and
This is from an X shareholder in CNX Resources we mentioned in a previous blog. “I was recently reading or listening to something – I
Get sucked into this “crazy” mentality which works for every industry but oil and gas. Own assets near the largest “users” of natural gas in
WB is running around Japan meeting his “Big 5” Japanese investments and raising nearly free capital to fund it, which is another neat way of
Said another way – bank blow-ups are garden variety stupid. The collective “we” rarely change. Said at least one other way, Man is a deterministic
…if you are thinking about spending literally trillions of dollars on a new policy imperative. A Recent conference clip from Seifollah Ghasemi, Chairman, President &
Our experience says no. This is math behind it.
We don’t “do” a lot of macro – see last Berkshire annual for the 11,000th repetition why. But we like contrary thinking. And this remains
Sitting in the seat and collecting equity grants is highly discounted “ownership.” “As for the future, Berkshire will always hold a boatload of cash and
Our beloved Logo springs to life like an Ivy League Pinocchio. The following is an in-depth interview conducted during lunch hours at CSC Global Headquarters.
We don’t know either of the parties. We don’t own the stock. But we certainly agree with X premise: social media has enabled any breathing
One of the most common questions you hear when professional investors are being interviewed is “what do you think is interesting in the current market
I am only half kidding with the title above. This article adds some historical perspective to the Small vs. Large debate. Throw in the Value
Commentary on a June 23rd article in the WSJ. Our industry loves to quantify and categorize. It’s not that easy in real life. Our presentation
The following is an excerpt from Cove Street’s Q1 2022 Small Cap PLUS letter to clients: If there is any stereotype about value investors that
We own a small concrete company in our micro-cap portfolio. We have more than doubled our money and we think we can double it again.
Our very own Eugene Robin was published in the Q1 2022 Issue of the MicroCap Review Magazine. In the article Eugene covers the issues facing
A growing pie, established and leading technology, and a defense business that is worth more than the price of the stock. Rinse, repeat. (Yes we
Amazon has launched a decarbonization investment fund worth $2bn, financed entirely from its balance sheet. As such, says Matt Peterson of Amazon, investments need not
We have spent a lot of time over many years seeking to employ technology to free up time to focus on “thinking big thoughts” and
Originally published in the Wall Street Journal. When a 59% Annual Return Just Isn’t Enough Investors appear to be growing more and more optimistic about
We manage other people’s money so it is only fair that we are compared to something. The Russell Index mafia is that something and calling
As an investor, if you spend the majority of your time looking at larger cap companies, it is truly hard to appreciate the wacky and
If there is something upon which anyone in the world can agree, it’s that there is simply an overwhelming amount of “information” out there that
The following is an excerpt from Cove Street’s Small Cap PLUS Q1 2021 letter. It represents a totally fictional, certainly not autobiographical, account of what
No, this is not a spinoff of Tim Ferriss’s The 4-Hour Workweek. There are in fact no shortcuts to great investing. Having said that, it is very
This past week I had the distinct privilege of presenting to Titan Capital Management undergraduate students at Cal State Fullerton. Kelly Ko, who is a
This exchange is lifted from the recent DISH earnings call. DISH is attempting an “interesting/controversial/expensive/risky?’ build of a software-defined 5G network. They don’t promote, they
