Energy covers everything from the oil majors to small alt-energy start-ups. This is a tricky sector. If you don’t pick and choose carefully, you could easily lose your shirt.

This short post by Todd Sullivan includes a video of Warren Buffett and Bill Gates being interviewed on Fox Business. The topic is missed acquisition opportunities.

Link to Consuelo Mack's most recent edition of WealthTrack - with author of the Warren Buffet Way, and Fund Manager, Robert Hagstrom.
Also includes some personal thoughts

This article links to the video interview with First Eagle Global's Jean-Marie Eveillard on Wealthtrack. It also takes a look at his long term performance, examines his current positions and what they suggest about his near-term market outlook.

Following a simple update of Buffet's holdings would have resulted in strong outperformance, with no down years since 2000.

John Byrne, at the time the chairman of Geico, hired Lou Simpson in 1979 to run Geico's investments as CIO. Byrne sent several candidates to Warren Buffett to be interviewed, but following a four hour interview, Buffett called on Byrne to stop the process, "That's the fellow."

The "fellow" has one of the great records in investing, like Buffett, looking for great businesses with a sustainable competitive advantage. He operates independently of Buffett with somewhat higher turnover but similar discipline.

A nice explaination on valuing equities like you would a bond. Enjoy.

I know some value investors stay away from the finicky retail sector, but superinvestor Peter Lynch made a killing there and this a nice complilation of retail same store sales vs. analyst estimates.

Several of these companies have been at attractive valuations in the past year or so. Hopefully this is of interest to you.

Asif Suria always knew Costco (COST) was a good business. However, the stock had always looked a little overpriced. Three weeks ago, Costco's stock fell when the company warned it expects lower fourth quarter earnings. So, is now the time to start a position in Costco?