value and opportunity

Good French Stock blog with an interesting French Squeeze out, Banque Tarnaud (via Red). Banque Tarnaud was in my Top 25 France Boss Score but I didn’t manage to have a look at it.

The Interactive Investor on Dart Group

Cassandra with a contrarian short gold – long Japanese bond or Cotton trade idea

Stable Boy is not a big fan of JC Penney any more

Damodoran on lockup expirations and stock prices (Facebook)

Chris Hohn likes Porsche. I guess I will have to update my Porsche analysis from 18 months ago.

Is it already the right time to short 3D printing stocks ?

Or rather short cloud computing, like Kerrisdale Capital does with ServiceNow ?

Bronte thinks Great Northern Iron is the proof that stupid investors do still exist….

Two very good posts about the Leucadia / Jeffries Merger: Cove Street Capital and the Brooklyn Investor

Great article about hedge fund strategies:“The end of arbitrage” (via Stableboy)

Highly recommended: NYT business story about ZARA / Inditex

Good analysis of the Bulgarian economy and stock market and an interesting Bulgarian company called Yuri Gagarin.

Some top hedge fund investment ideas form a recent investment congress in Chicago

Stephan at Simple Value analyzes an interesting French plantation company (only in German)

Wexboy like two German residential property stocks especially KWG kommunale Wohnen.

Since this week, short positions for German shares of large Hedgefunds can be accessed here. Most interesting: 15% in total of Aixtron are sold short….

Classic article from Charles D. Ellis against “Diworsification”

Good presentation from Katsenelson on investment process

Very interesting Tim McElvaine (Peter Cundill disciple) video interview about Japanese companies and investing (mental note: run screen as mentioned: Stock down 2/3, below tangible book and market cap > 1 bn )

Nate from Oddball is more into Japanese Net nets.

Does “catching the falling knife” maybe work on a sector level ?

David Einhorn is short Iron ore. Jim Chanos had this idea already 1 year ago.

Expecting Value about Severfield-Rowen, a stock on my Boss score UK top 25

Profile and interview with Willbur Ross

Ray Delio about deleveraging

Howard Mark’s latest comment

A small triumph for the excellent IBEX salad blog

Good write up for the short case Manchester United

Interesting analysis on a listed opportunity fund from the Brooklyn Investor

WexBoy is looking for uncorrelated investment ideas

Sequoia Funds shareholder day Q&A transcript

Toby Carlisle (Greenbackd blog) lecture about how to beat the magic formula

Bronte has a couple of great posts about Chinese company Focus Media as a potential short. Despite his mistake with Richemont, I think Bronte is still an outstanding investment blog, if not the best.

Great post from Damodaran about Apple’s short product life cycles

Don’t miss Nate’s take at diversification at Oddball.

Some interesting blogs I discovered lately:

Ragnar is a pirate Great blog about off-radar investments including reantal housing experiences etc.

Also sprach analyst: Hong Kong based blog with a lot of (critical) infos about China

Collection of Charly Munger’s shareholder letters 1983-2009 (via My investing notebook)

Dark pools and broken markets, the next book on my reading list. Thereafter, I will read that one.

Comprehensive list of great accounting books from the “Grumpies”

Very good commentary on the current status in high yield bond markets

Part 3 of a very comprehensive analysis of the Chinese real estate markets from Chovanec.