kab60

This might be a stupid question but how do you figure out your return if you add funds everything month? I suppose it makes sense to just look at the total commited funds at year end which sorta compares to being in cash thoughout the year, ie it lowers the returns on both the upside and down side. I think I did 15-20 percent but will have to check the numbers.

i started looking at videocon d2h, it reported decent metrics but the stock did not react as positively as I would have imagined Agreed. I also thought guidance was really strong. There might be macro/India fear involved?

Videocon d2h, Radiant Logistics

What's your short thesis on WPT? I don't have one - I'm long @ 12.10. What's your take?

Videocon d2h Indian DTH satellite TV provider trading at 8xEBITDA growing +30 percent with lots of runway through volume and pricing. Two American media execs on the board.

Glad to have you on board, Jonas. I love reading your blog. Merry Christmas

WPT- World Point Terminals

I sold all my stocks about two weeks ago (luckily before OUTR crashed) because of a real estate investment I couldn't pass on. Today I bought Clarke Inc and Corus Entertainment for my pension account.

I think it's very interesting; he dumped BAC, his #1 or #2 position, and went massively after BRK and Cimpress (which was hammered in August) and to a less degree DNOW (which he sold down a bit in Q2) and MSM. Cimpress has already payed of handsomely, while BAC has beformed better than BRK. MSC hasn't been good, but DNOW probably has depending on when exactly he bought it. I like this guy and his picks (and started cloning him earlier this year).

It's up. Sold down BAC, added big to Brk, Cimpress, MSC and Dnow

It's not out

Goodwin PLC, Fossil Inc

I think I would just look at it on a rough FCF yield and then add expected growth/decline (4%?). And make sure you don't double count FCF by adding in FCF/share growth due to buybacks. We should probably move the discussion to the investment board but you might also want to have an opinion on the credit cycle.

More OUTR

Not sure if it's open or possible to dollar cost average but I'd look at Argos (Argos Argonaut) - they're from Switzerland and seem to have a very good track record.

More BRK, BAC and Fossil (and thanks for all the BRK loving)!

Not really sure since I added most of my money halfway through the year but around 20 percent. It's my first year of investing so I'm somewhat happy about the outcome and proces but I made a shitload of minor mistakes re position sizing and trading costs. Still trying to figure out a somewhat structured process since I'm not very systematic. Need to keep it very simple though.

Bought my first BRK@130

Bought more Cimpress and Outerwall in recent days.

Vulcan Value, Greenhaven Road, Arlington Value, Argos Argonaut

Thanks for the link, gio. It led me to this interview with Thomas Piketty;http://thewire.in/2015/07/08/thomas-piketty-germany-has-never-repaid-its-debts-it-has-no-right-to-lecture-greece-5851/ Really worth a read to get a historical perspective

Not exactly what you are looking for but Tobias Carlisles book Deep Value references different studies on different investment approaches - also regarding 'glamour stocks'.

Doubled Ntelos position and doubled Wilh. Wilh. Holding ASA - both around 15 percent positions

Just wanted to bump. It seems like the Chinese meltdown has hit HK and therefor Galaxy as well. I have no position but others might find it worth a look. Other interesting ideas hit by Chinese development?

Bought Ntelos again