Value Investing News

Longleaf's Q3 portfolio has been filed. New or increased positions include DTV, BK, IHG, WSH, TWTC, YUM, LVLT, MKL, FIC, RE, WEN, AOC, DELL, and CHK.

Yum! Brands Inc. (NYSE: YUM), owner of fast-food joints KFC, Taco Bell, and Pizza Hut, is scheduled to release its fiscal fourth quarter 2010 earnings after the closing bell on Wednesday, February 3, 2010. Analysts, on average, expect the company to report earnings of 48 cents a share on revenue of $3.33 billion.

Yes, it's the company that sponsors the hot dog eating contest. It's also a Magic Formula small-cap stock worth biting into, with a cheap valuation, good business model, and strong balance sheet.

Longleaf's Q3 portfolio has been filed. New or increased positions include IR, CHK, YUM, DTV, FFH, DIS, TWTC, RE, MKL, BRK.A, FIC, AOC, and FAF.

We’ve heard bullsh_t in our day, but never has it been so eloquently presented. It is statements like that which lead us to believe, that management is not only clueless about the world economy, but clueless about the company’s place within that world economy.

I always enjoy this time of year. The Christmas music, decorations, family gatherings, holiday plays and stock picks. Stock picks? Yes, 'tis the season for stock predictions! Here are some excerpts and picks from several of the experts:

William Patalon III has a four-point plan to beat the bear this time round: 1) Load up on high dividend stocks; 2) Buy gold; 3) Stick to ‘global titan’ companies; and 4) Stay relaxed…

William Patalon III says there are four solid ways to protect your portfolio from these forces: 1) Buy dividend-paying stocks; 2) Buy gold; 3) Buy companies focused on overseas market; and 4) Don’t panic…

The following extract is taken from a research report published over the weekend by Money Morning…

Like many other value investors, Bill Nygren’s performance has been hurt by owning financials and not owning energy. His Oakmark Fund fell 4%, and Oakmark Select Fund lost 7% during the second quarter. He has made YUM! Brands the largest position, and bought Bank of America and Walgreen.

2006 Annual Report from Mason Hawkins' Longleaf Partners. (This is a link that will bring you to Vinvesting where you can click on the actual PDF link - I didn't want to surprise anyone with a PDF!).