Value Investing News

While the press yells sell, Eddie Lampert bought back 4% of Sears in 3 months.

A look at why academics are wrong even today, and some excerpts from a paper that supports investment concentration.

A little look at what might have happened with Pinnacle Airlines and why Mohnish Pabrai might be selling his position. 

Steak N Shake reported Q3 numbers, their first under Sardar Biglari. A look at the numbers and how SNS might be simply valued.

Steak N Shake has a new CEO: Chairman Biglari.

Taking a look at some bargains I see floating around right now, from mechanical contractors to media.

Taking a look at some news pieces and items of interest related to Steak N Shake, from the past 2 weeks.

Recent interview with Geoff Gannon of gannononinvesting.com

A little numbers work with what Sears could be worth.

In an unprecedented move, the SEC tells short sellers they must close out their positions and re-allocate that capital to the short sale of commodity futures.

I attended the 2008 Western Sizzlin' Annual Meeting, and with help from a few other shareholders, put together a set of notes on what took place at the meeting.  Enjoy!

By the end of the year, Time Warner Cable (TWC), will be a stand alone entity after being spun off from Time Warner Inc. (TWX).   TWC is a publicly traded company as it currently stands, 84% owned by its parent, Time Warner Inc.    The carve-out occured early in 2007, trading between $36-43, but has plummeted down into the $20’s since.

Bruce Berkowitz has showed up on 4 major media outlets in the last month alone, discussing the Fairholme Fund and its approach.  I sum it all up.

I take a look at why multiples of book value and earnings don't make sense to use in valuation, while liquidation value and free cash flow are much more sensible numbers.

Western Sizzlin' announced a share buyback authorization today, which is terrific news for shareholders.  In this article I explain why that make sense for WEST and all undervalued companies.