I’ve just been re-reading one of my favorite investing books of all time, The Dhando Investor, written by Mohnish Pabrai. In Chapter 7, Dhandho 102: Invest in Simple Businesses, Pabrai provides... read more

Are value returns higher when the value spread is large? If so, what happens at these times? Do value returns reflect rational compensation for risk, behavioral over-reaction, or pure... read more

There is a controversial alternative investment technique known as investing in a good manager after they experience a drawdown.  Investing in activist hedge fund manager Bill Ackman could be... read more

Though the nominal dollar value of auto loans outstanding is above its pre-recession level, the loans to disposable income ratio and interest rates are below their 2007 level, and... read more

  OVERVIEW Trading at only 3.7x 2012E EBITDA and 5.8x 2012E Net Income, Perion Network Ltd (NASDAQ:PERI) (“PERI” or the “Company”) is a misunderstood, underfollowed company whose stock has declined in large part... read more

Portugal's troubled Banco Espirito Santo SA (ELI:BES) is suffering a lot of hurt these days. Based on filings from the Portuguese regulatory website CMVM, BES has now said goodbye... read more

After much delay owing to issues in getting mutually convenient dates, I have finally finished my interview of Prof. Sanjay Bakshi. Here is the first part of the interview. As... read more

In an era of dramatic battles for management control of a corporation, Ford Motor Company (NYSE:F) today marked a smooth transition when it announced Mark Fields would replace Alan Mulally... read more

Buybacks Part 3: Washington's Warning by 720 Global Get The Full Series in PDF Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it... read more

U.S. presidential candidate Donald Trump's dreams to bring back lost manufacturing jobs such as those at Apple Computer manufacturing are just that, dreams, according to financial players. Trump wants to... read more