While many value investing sites sing platitudes about the usual suspects — Buffett, Munger, Klarman, Berkowitz, Lampert, Pabrai, et al — one name seems to slip under the radar: Robert Rodriguez of First Pacific Advisors. Of all my 13F filing breakdowns, Rodriguez’s is one of the least viewed. For what reason, who can say? It [...]
Unlike some of the managers I reviewed yesterday, Bruce Berkowitz and his cohorts at the Fairholme Capital have been buying. A scan of their Q3 2009 holdings spreadsheet suggests they favor healthcare companies and Berkshire Hathaway (BRK-A, BRK-B).
Fairholme opened two new positions, both in the healthcare industry: Wyeth (WYE) and Cardinal Health (CAH). However, Berkowitz [...]
A reader asks if there is a way to monitor non-equity positions for Seth Klarman’s Baupost Group. The short answer is no, I know of no way to track non-equity holdings for any money manager unless they disclose that information voluntarily via a report or letter. As mentioned on this blog last week, Klarman doesn’t [...]
Meryl Witmer is back as it appears Eagle Value Partners is building its stock portfolio.
If you have a strong case for other managers I should include, send me an email or post in the comments below. Also, keep in mind that I use a perl script to parse these filings into the spreadsheet format [...]
OK, that has to be one of the most misleading post titles ever but I couldn’t resist. Seth Klarman recently held the first-ever Baupost Group annual meeting after two-plus decades of existence. At the meeting, Klarman shared his views on the markets, housing, investment strategies and more.
For those who may need an introduction to Seth [...]
The folks at Legg Mason must have some pull as Bill Miller features are making the rounds this week:
Bloomberg: Legg Mason’s Miller Helps Win Clients as Returns Rise
Barron’s: It’s Miller Time
The Barron’s article, in particular, seemed embarrassingly gushy for a manager who ranks in the 99th percentile for fund managers over 3 and 5 years. [...]
