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Thoughts

Exclusive commentary and insights from Team CSC's deep fundamental research, repeatable investment process, and culture of continuous improvement.

Category: Thoughts

CSC Strategy Letter | Number 16 | What Would You Do if You Were Prem Watsa?

Download Cove Street Capital’s March 2014 Strategy Letter Number 16, “What Would You Do if You Were Prem Watsa?”

Jeffrey Bronchick, CFA March 20, 2014

More Thoughts for the January 2014 Strategy Letter

Here are some thoughts that didn’t make it into our January Strategy Letter but that I wanted to clean off the plate for the New

Jeffrey Bronchick, CFA January 24, 2014

CSC Strategy Letter

CSC Strategy Letter | Number 15 | The Fear Pendulum: From End of the World to Market Melt-Up?

Download Cove Street Capital’s January 2014 Strategy Letter Number 15, “The Fear Pendulum: From End of the World to Market Melt-Up?”

Jeffrey Bronchick, CFA January 15, 2014

All About CSC

The Soft Stuff

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

Jeffrey Bronchick, CFA December 16, 2013

CSC Strategy Letter | Number 14 | Steve Jobs Didn’t Give a *!@% About the Debt Ceiling

Download Cove Street Capital’s October 2013 Strategy Letter Number 14, “Steve Jobs Didn’t Give a *!@% About the Debt Ceiling”

Cove Street Capital October 31, 2013

CSC Strategy Letter | Number 13 | Who Are You Going to Believe—These Non-GAAP Numbers or Your Lying Eyes?

Download Cove Street Capital’s August 2013 Strategy Letter Number 13, “Who Are You Going to Believe—These Non-GAAP Numbers or Your Lying Eyes?”

Cove Street Capital August 19, 2013

Holiday Reading – Dundee Annual Report

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

Cove Street Capital July 2, 2013

Attention Almost Every Public Company With an A/B Ownership Structure: How to Create 35% More Shareholder Value in a Single Day and Set a Course for Further Gains

Press Release Young Broadcasting, Media General to Merge RICHMOND, Va., June 6, 2013 /PRNewswire/ — Media General, Inc. (NYSE: MEG) and privately held New Young

Jeffrey Bronchick, CFA June 11, 2013

CSC Strategy Letter | Number 12 | Harleys and Leather Jackets

Download Cove Street Capital’s May 2013 Strategy Letter Number 12, “Harleys and Leather Jackets”

Jeffrey Bronchick, CFA June 5, 2013

Markets, Rationality & Decision Making

The Efficient Market Paradox

by Eugene Robin | Research Analyst I’d like to share with you a great book on the basic mathematics of the stock market written by John

Jeffrey Bronchick, CFA May 29, 2013

The Annual Pilgrimage to Omaha

by Ben Claremon | Research Analyst BERKSHIRE This past weekend’s trek to Omaha for the Berkshire Hathaway annual meeting represented the fifth consecutive time I

Jeffrey Bronchick, CFA May 13, 2013

Tessera: Our Vote is In

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

Jeffrey Bronchick, CFA April 23, 2013

Ben Claremon and the Great White North

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

Jeffrey Bronchick, CFA April 18, 2013

CSC Strategy Letter | Number 11 | Call Him Ishmael

Download Cove Street Capital’s March 2013 Strategy Letter Number 11, “Call Him Ishmael”

Jeffrey Bronchick, CFA March 26, 2013

Proxy Season and the Unusually Juicy Soap Opera at Tessera

We own Tessera at a cost of approximately $16 per share. Our thought process was simple: a conservative analysis of their IP portfolio’s current cash

Jeffrey Bronchick, CFA March 18, 2013

Hello Ruby Tuesday

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

Jeffrey Bronchick, CFA February 20, 2013

The Worst Piece of Corporate BS

The proposed management buyout of Dell is an abomination of corporate governance and decency on an extraordinarily large scale. While we have been too busy

Jeffrey Bronchick, CFA February 11, 2013

CSC Strategy Letter | Number 10 | The Lost Decade…Found?

Download Cove Street Capital’s January 2013 Strategy Letter Number 10, “The Lost Decade…Found?”

Jeffrey Bronchick, CFA January 31, 2013

What Were We Thinking—Central Garden and Pet

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

Jeffrey Bronchick, CFA January 15, 2013

The Nonsense Math Effect

Please insert the phrases “money manager,” “hedge fund,” “large pension plan,” and “underperformance” at will throughout this piece. The Nonsense Math Effect Mathematics is a

Jeffrey Bronchick, CFA January 7, 2013

All About CSC

Thoughts

Exclusive commentary and insights from Team CSC's deep fundamental research, repeatable investment process, and culture of continuous improvement.

Categories

Category: Thoughts

CSC Strategy Letter | Number 16 | What Would You Do if You Were Prem Watsa?

More Thoughts for the January 2014 Strategy Letter

CSC Strategy Letter | Number 15 | The Fear Pendulum: From End of the World to Market Melt-Up?

The Soft Stuff

CSC Strategy Letter | Number 14 | Steve Jobs Didn’t Give a *!@% About the Debt Ceiling

CSC Strategy Letter | Number 13 | Who Are You Going to Believe—These Non-GAAP Numbers or Your Lying Eyes?

Holiday Reading – Dundee Annual Report

Attention Almost Every Public Company With an A/B Ownership Structure: How to Create 35% More Shareholder Value in a Single Day and Set a Course for Further Gains

CSC Strategy Letter | Number 12 | Harleys and Leather Jackets

The Efficient Market Paradox

The Annual Pilgrimage to Omaha

Tessera: Our Vote is In

Ben Claremon and the Great White North

CSC Strategy Letter | Number 11 | Call Him Ishmael

Proxy Season and the Unusually Juicy Soap Opera at Tessera

Hello Ruby Tuesday

The Worst Piece of Corporate BS

CSC Strategy Letter | Number 10 | The Lost Decade…Found?

What Were We Thinking—Central Garden and Pet

The Nonsense Math Effect

Our Roots for Sale

CSC Strategy Letter | Number 9 | Idiosyncratic Risk…and the Other Kind

Increasingly Obvious Unintended Consequences

Jefferies: Possible Postscript

Well Worn and Well Worth Re-reading

This Is Seriously One of the Best Things I Have Ever Read on Investing

Somehow This Did Not Make It Into Our Presentation

What Is Really Wrong With This Country and the Economy?

Other People’s Thoughts – Jim Bianco of Bianco Research

CSC Strategy Letter | Number 8 | You Didn’t Build This Rally

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Thoughts

Exclusive commentary and insights from Team CSC's deep fundamental research, repeatable investment process, and culture of continuous improvement.

Categories

Category: Thoughts

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