Saber Capital Investor Note – Thoughts on the Election

Posted on 1 CommentPosted in Investor Letters, Saber Capital Management

I wrote a note to my clients last week regarding my general thoughts on the presidential election, some broader historical reference points, as well as how I tend to think about these major political and macro-oriented events from my perch as an investor in stocks at Saber Capital Management. I spend most of my free time doing the same thing I do when I’m working: reading and thinking about businesses and possible investments. But I keep tabs on sports and […]

Lessons Learned from A History of Oil

Posted on 21 CommentsPosted in General Thoughts, Industry-Oil, Macro

Since oil prices were in the headlines yesterday after an 8% fall, I thought it might be a good time to comment on something I’ve been working my way through while putting in the miles after a day of looking for bargains. I’m about halfway through the excellent series of podcast called “A History of Oil”. It’s an outstanding series that starts by introducing George Henry Bissell—the father of the oil industry—who in 1853 began experimenting with “rock oil” that […]

Can George Soros’ Methods Be Replicated?

Posted on 11 CommentsPosted in General Thoughts, Investment Philosophy, Investment Quotes, Superinvestors

I received this comment on one of my recent posts. The George Soros question got me thinking about how interesting the different philosophies are. Soros had an incredible career, but is it possible to replicate his general strategy? Here is the basic comment from the reader: Your posts have given me a great deal of information.  What is your opinion on George Soros’ theory of reflexivity? I was reading Seth Klarman’s Margin of Safety, and it mentioned how in rare […]