Been thinking a lot about the homebuilder NVR lately but realized most of my thoughts are not original. It is down about 26% (using Aug 8th 2018 close price) from its all time high. No extra points for originality in the investing game. I am not so arrogant as to believe I can generate every … Continue reading Laying the Foundation
Respond to questions from randoms like me!! Of course I am being facetious but I have gotten many more non responses from people of lesser stature. I sent a couple questions to Mark Leonard along with my presentation and he replied!!! Apparently this is much more common than you'd expect. The other questions should be … Continue reading What do billionaires do on weekends?
Hi folks, it has been a few months. I was busy with the CFA Level 3 exam. Hope I pass. As you see from the previous post, I am in full Mark Leonard groupie mode right now. Still though, one must beware of hero worship. Anyway, I gave a short presentation at an investment firm … Continue reading Constellation Software
Wow, it has been 3 months since I last posted on here. Time really does fly. I am finding it progressively difficult to find new ideas and I am currently toying with other ways to still bring value to the value community. Anyway see below for my latest ramblings. Detour to Africa: So I was … Continue reading Updates & Detours.
Note: Fiat Chrysler has run up quite a bit since the new year (up 30%). I was buying over the course of Sept to Dec last year so my average cost is significantly below the current price. Anyway, I think there might still be a little bit of runway on this one but not … Continue reading Fiat Chrysler / Sergio’s Last Hurray?
So tis’ that time of the year again. You know, the time of the year when we take stock (get it? Taking Stock? As in STOCKS? Nevermind) and make promises on resolutions we vow to not keep. On a personal level getting over some not too ideal roadblocks this year has probably made me more … Continue reading Taking Stock
Update: So, as I was about to publish the post below, ADW Capital dropped this bombshell of a press release. I left my post as it was in order to allow you to compare my rationale to his. To be radically honest, I think his press release is definitely better. You can jump straight to … Continue reading Deal or No Deal