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Graham's "Unpopular Large Caps" Part 2: Thoughts on Diversification
Follow up to my post on Graham's still-effective strategy on buying out of favor large caps; Graham's view on diversification and my own thoughts on…
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John Huber
1
NRP's Evolution and Future Distribution Potential
NRP is an example of outstanding shareholder stewardship. Nearing the end of simplification strategy that mgmt laid out in 2015 & successfully…
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John Huber
3
Thoughts on Ben Graham's "Unpopular Large Caps": A Still-Effective Strategy
Graham's view on how large caps can get mispriced, a time arbitrage investment approach that worked for Graham and still works today
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John Huber
2

January 2024

A Value Investor's Bank
Well-run bank with a multi-decade history of compounding earnings and tangible book value per share at 15% per year; trades at 7.6 P/E; well-capitalized…
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John Huber
3
A "Royalty on the Growth of Others" at 27% FCF Yield
Durable assets, high ROIC royalty model, 29% insider ownership, 15 years of sizable annual FCF in good and bad economies, at a 27% FCF yield
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John Huber
19
Charlie Munger's 100 Years of Wisdom
A small collection of insights I've gleaned over the years from Charlie
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John Huber

December 2023

John Neff, Peter Lynch, Portfolio Turnover and Growth Traps
Some thoughts on the book John Neff on Investing, his portfolio style, and some thoughts on value vs growth investments
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John Huber

November 2023

Munger Podcast Thoughts, Retail Stocks, and Munger the Bargain Hunter?
A great discussion where Charlie Munger outlines his views on Costco and other quality retailers, why Buffett doesn't like retail, and even some…
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John Huber

October 2023

Investing Strategy: "Don't Forget What You're Trying to Do"
There are lots of bargains in small stocks currently; I believe it's risky if you limit yourself to a specific, rigid style box; Remember Munger's words…
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John Huber
1

August 2023

Buffett's 44% CAGR and Various Types of High Quality Investments
I've noticed three common themes with Buffett's recent investments in energy and Japan: low valuations, improving capital allocation, and rising ROIC's.
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John Huber
13

June 2023

Attributes of a Great Business and a Simple Investment Checklist
A follow up on the Nebraska farmer's great investment and some takeaways: Two attributes that each great business needs, some examples of what matters…
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John Huber
3

May 2023

Why Didn't the Nebraska Farmer Sell His $BRK.A Shares?
The Berkshire meeting is filled with great conversations; one of those touched on why a long-term owner never sold his shares and what makes businesses…
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John Huber
8
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