jacobwolinsky

Denamrk has a huge housing bubble. No one really has focused on this besides Luxor capital. We lay out a short thesis here-http://www.valuewalk.com/2012/01/why-denmark-is-not-aaa/#.TxmV1W-CkhU. Their biggest bank, Den Danske has 2x the assets of Denmark. It would be like JPM, C, BAC or whoever having $30T of assets. Banking assets to GDP is 90% in America vs 450% in Denmark.

I guess not. I LOVE this forum but Im not too active here. Your right the longs were just ok, but Id take 200% over my -3% return for 11 any day.

Thank you! I fixed it, its also here-http://www.valuewalk.com/2012/01/seth-klarman-purchases-new-stake-in-samchully-co-ltd/ If any1 knows why he bought this besides it being dirt cheap please feel free to hypothesize.

http://www.valuewalk.com/2012/01/seth-klarman-purchases-new-stake-in-samchully-co-ltd/

Some of the best value investors have made their money off shorting frauds; Einhorn, Ackman, many others. Does that make it any less impressive?

This is a presentation by Joseph Calandro, Jr., author of Applied value investing. Although Joe denies it, he is close friends with Klarman, and Klarman supports his work. Joe has stayed in the corporate world to try to spread value investing there. I am trying to publicize (no commission, except free lunch regardless!) his recent presentation of Buffett's acquisition of GEICO at NYSSA. It was also pretty interesting. You could tell by how many times he quoted Seth not from MOS or any event, that the two are close-http://www.valuewalk.com/2012/01/graham-dodd-and-modern-financial-analysis-by-joseph-calandro-jr/#.Txg4Sm-CkhU

Value investing still worked for some in 2011 http://www.valuewalk.com/2012/01/kerrisdale-capital-up-200-in-2011/#.Txgy42-CkhU

looks like no one linked to it yet, here it is http://www.valuewalk.com/2012/01/breaking-david-einhorns-greenlight-returns-9-7-in-2011/#.TxcxRm-CkhU

Thanks I do the European ones also every month. I have more carts if you want. I also wish p/b, p/s, EV/EBITDA was available more for American markets. There was a wierd problem with that article. Its on my homepage right now as a sticky bc it has disappeared in the archives http://www.valuewalk.com/

This article has generated huge controversy thought the readers might enjoy-http://www.valuewalk.com/2012/01/21634/

I do an update every month on eight valuation metrics. I have been doing one for two years and it has evolved. I discuss Shiller pe in depth. Please let me know your thoughts http://www.valuewalk.com/category/stock-market-valuations/http://www.valuewalk.com/2011/01/stock-market-valuation-january-2012/#.TwtScm-CkhV Steven Romnick looks at market valuations. I also have Europe here- http://www.valuewalk.com/2012/01/european-stocks-are-now-half-as-expensive-as-us-equities/very cheap, even Norway.

My bad, someone who helped write it (Booth MBA!) made the millions/billions mistakes. I amended them as some1 already pointed them out. Thank you though. Ill check on VSAT as well know.

Dont mean to self promote but thought u guys would like this http://www.valuewalk.com/2011/12/exclusive-seth-klarmans-secret-holdings/

I thought you guys might be interested in this. Joe is supposedly close with Seth Klarman, even more than the article indicates. I am going to hear him speak at NYSSA on Dec 8th (if anyone wants to meet up let me know), he is going to be talking about GEICO's purchase by Berkshire. Joe also wrote Applied Value Investing, I have not read it, but heard great things about it. I will be posting more on Joe but in the meantime, here is our interview-http://www.valuewalk.com/2011/11/interview-famous-author-joseph-calandro-jr/#.TtWpOWMr2so

Which fund are you referring to? Flagship? Let me know and Ill check the original version and tell you what I find.

Your welcome. Sorry if its blurred. I had to remove a watermark.

Enjoy. No one has actually posted the full letter until I have-http://www.valuewalk.com/2011/11/full-john-paulson-q311-shareholder-letter/#.TtVziWMr2so

This is news to me but appears it is invested with Loeb Ackman and others. I just posted it but have a feeling that Einhorn might ask me to remove it. Check it out while you can-http://www.valuewalk.com/2011/11/gm-semiannual-2011/

LOL. When I make $7b in one year like Tepper (or EVER) well talk!

CNBC has now confirmed my report on Tepper (IMHO-one of the best distressed value investors)-http://www.cnbc.com/id/45325905

I just posted some exclusive information on what David Tepper is buying (including MF Global CREDIT). In general he likes credit over equity. If anyone is interested-http://www.valuewalk.com/2011/11/david-tepper-buys-mf-global-credit-debt-portugal-telecom-bonds/#.TsLnTcMr2so

Okay here is the full thing from 10, still relevant today, much longer about 20 pages. Plz dont mention names here. Enjoy guys and http://www.facebook.com/note.php?note_id=285190594854221 http://www.facebook.com/note.php?note_id=285190594854221

Look under the first comment. I couldnt fit it all on status.

Please dont mention names or it might have to be removed, but here is a link to what many people requested http://www.facebook.com/pages/Value-Walk/144640855575863 http://www.facebook.com/note.php?note_id=285190594854221

Thank you guys! Btw I just posted MUCH more in-depth notes, if you want to read them. A lot more meat in them. Its almost a transcript http://www.valuewalk.com/2011/11/indepth-notes-tom-russo-leon-cooperman-marc-lasry-invest-kinds-conference/#ixzz1dJvP7228