August 2023
Two high-conviction ideas to profit from “sticky” inflation (from Kuppy’s Korner on August 7)…
Warren Buffett famously told investors that if they wanted to prosper during periods of inflation, then they needed to buy companies with high returns on capital and pricing power. As a result, it should be no secret why a company like Coca-Cola (KO – USA) trades so richly—it’s being priced as an inflation resistant Treasury,
This tiny homebuilder is arguably among the most undervalued stocks in North America (from Mindset Value on August 2)…
The above chart from Mexico’s housing registry, RUV, is quite telling. Mexico has been producing fewer and fewer homes every year and is on track to produce a remarkable 50% fewer homes than was produced in 2013. The average age in Mexico is 29. The combination of the nearshoring of manufacturing and being the US’
Why asset-light (or “capital efficient”) businesses are among the world’s best compounders (from Invest in Quality on July 30)…
Why asset-light (or “capital efficient”) businesses are among the world’s best compounders (from Invest in Quality on July 30)… An essential part of the analysis of a business, we need to look at the business model. How the business makes money, what the growth drivers are, and whether or not the business model is asset-light
In 2006, value investor Bruce Greenwald invited Li Lu – sometimes referred to as the “Chinese Warren Buffett” – to speak to his Columbia University class about his investment philosophy. Here are highlights from his 90-minute “masterclass” on value investing (from Brandon Beylo via Twitter on August 23)…
Bruce Greenwald invited Li Lu to speak to his class on value investing. The result is a 90 minute masterclass on how to be a value investor. If you haven’t watched the video, do it now. If you have, it’s worth re-watching. Here is a list of my favorite quotes from Li Lu 👇 PERSONALITY