Hottest links for Saturday and Sunday November 16th – 17th, 2013 the weekend edition see Friday's edition of hottest links. Get our free daily newsletter which HAS BEEN RECENTLY UPDATED and never miss a single linkfest. Also… soon if you sign up you will get a free copy of our new e-book on value investing. Stay tuned for the news.
Top stories for today are included below. Lots of great stories today, a new value piece from the famous Geoff Gannon; Here is one point which everyone is missing in the debate over the new tech bubble; Buffett explained; Geithner heads into Private Equity despite his lack of credentials in intelligence or military; All that and much more below.
Geoff's Avid Hog Watchlist: Catering International & ServicesA few things appealed to me immediately about Catering International & Services SA EPA:CTRG. The business sounded both mundane catering and niche extreme conditions. It's a business support services provider. Gross profitability was adequate. [ Geoff Gannon, Gannon and Hoang on Investing]
An Introduction to the Balance Sheet: Non-Current LiabilitiesThis article is the fifth lesson in the ModernGraham Academy beginner's course, An Introduction the the Balance Sheet. The ModernGraham Academy is a place to learn about the basics of investing, with an emphasis on the ModernGraham approach. [ Benjamin Clark, ModernGraham] Why Go Buffett? The market’s greatest spokesman, and one of the world’s richest men doesn’t help, Warren Buffett’s folksy explanations of value investing are simple, but I feel miss the point. [ Nate Tobik, Oddball Stocks] Our Investment Case for Axia NetMedia Axia NetMedia Corporation (AXX)'s flagship asset is a contract to manage the Alberta SuperNet, a fiber optic network launched in 2005. The contract is generating approximately 70% of the company's EBITDA, and the market has long been concerned about a non-renewal. [ Vanshap Capital, BeyondProxy]
FundsBarron's Gets the Bubble Meme Exactly Right Today's Tech and IPO bubbles are symptoms of the economic improvement this time around - people feeling good about the future - but they are not the drivers of it. [ Joshua M Brown, The Reformed Broker]
The Best Bets in a Dangerous Global Market
Lucky sevens? Not so fast. Asset manager GMO’s seven-year forecast doesn’t show investors having much luck over that span, much less big returns. [Lawrence C. Strauss, Barron's]Geithner Heads to Private Equity Former U.S. Treasury Secretary Timothy Geithner, one of the architects of the federal government’s rescue of the financial system, is joining private-equity firm Warburg Pincus LLC. [ Ryan Dezember, The Wall Street Journal] Hedge funds Hedge funds get 'too cosy' with prime brokers. [ Ellen Kelleher, FT]