General Thoughts

John Huber Background Info Part II

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This is part II of a 2-part post. I got a request from a reader to discuss some info on how I started my firm. My readers have plenty of other things going on, so I thought I’d break the post up into two parts, to make it easier to read. The first part had more of a background on me, this post will briefly discuss how I structured my investment firm. As I said in part I, I don’t […]

General Thoughts

John Huber Background Info Part I

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I got a request from a reader to discuss some details on how I started my investment firm, so I thought I’d write a post with some brief background info. Most readers don’t know much about me, so I thought this might be a good idea. I’ll divide this post into two parts, and I’ll try to make this brief, but if readers ask for more info, I’m happy to elaborate. My main goal with this blog is to share […]

General Thoughts

Value Investing: All Roads Lead to Rome

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I read an article this morning by John Mihaljevic, who runs the excellent ManualofIdeas.com. His article was called Value Investor or Value Pretender: Which are You? ┬áThe article is written in tongue-in-cheek fashion using 10 points that might tell you if you’re not a true value investor. David Merkel, fellow blogger and excellent value investor, then wrote an interesting counterpoint at his Aleph Blog. I got to thinking how it’s interesting how two value investors who both write about the […]

General Thoughts

The Market Hit an All Time High, So Now What?

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Happy Easter! I’m spending time at the North Carolina coast with my wife this weekend. We’re waiting for family to arrive from out of town, and we’re currently spending some time relaxing and reading. I got some good reading in yesterday and came across this excellent article by Toby Carlisle at Greenbackd about the state of the overall market and thought I’d share thoughts… Focus on Stocks, not Markets I don’t usually pay a significant amount of attention to where […]

General Thoughts

Update on Business

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I’ve been very busy over the last week as I’ve been working on the formal launch of my investment firm. I started Saber Capital Management, LLC last fall as a way to manage client capital using the same methods I use for my own investing. I use separately managed accounts for maximum transparency for the client, and we have a $50,000 minimum initial investment. We are beginning with a number of accounts on Monday, which I chose as the formal […]

General Thoughts

Is Mila Kunis John D. Rockefeller’s Modern Day Shoeshiner?

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CNBC has one goal: viewers. They don’t care if they bring value to their viewers as long as their viewers continue to watch. I’m talking about the network itself. I’m not saying the people there don’t want to help their viewers, but their job is to get people to watch, not improve investment results. I believe Jim Cramer, at least in part, wants to help the small do-it-yourself investors, even though I think his show and his methods do nothing […]

General Thoughts

To Arbitrage, or Not to Arbitrage

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I just spent all afternoon reading through all of Warren Buffett’s original partnership letters. These are the letters that he wrote to his investors when he was managing his private partnership from 1956-1969 prior to taking control of Berkshire Hathaway. I’ve read through these letters numerous times, and I recommend them to anyone who is serious about truly understanding the methods of Buffett. A while back I printed them and bound them so I have them collected in one place […]

General Thoughts

On the Importance of Long Term Thinking

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One of the things I’ve been thinking about over the past few days is how important it is as an investor to engage in patient, long-term thinking. Most of us are either individual investors managing our own portfolios or maybe small professional managers like myself with a few like minded partners/investors. The edge we have over larger and better equipped institutions cannot be understated. Our edge lies in our ability to be able to think, and more importantly act, with […]

Ben Graham

Value vs. Growth Investing-Which Method is Best?

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As an investor who studies in great detail the strategies and investment philosophies of the great value investors, I have always been intrigued by the debate of value vs. growth. I just wrote this post on qualitative vs. quantitative analysis. The discussion between growth and value is similar: the best growth investors are good business analysts… they have to be. It’s easy to find a company that’s growing, but the hard part is determining if that company will continue to […]

General Thoughts

Quantitative vs Qualitative Methods for Stock Analysis

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There has always been an ongoing debate about the pros and cons of quantitative and qualitative methods for picking stocks. Which way works better? Is one better than the other? Should an investor use both “quant” and “qual” factors when making investment decisions? I’m not sure… but I’ll give you my opinion. Two of the investors that I’ve learned the most from had completely different viewpoints on these two schools of thought. Ben Graham was a quantitative analyst, choosing only […]