Greenwood Investors Q1 2017

[no_free_lunch]

Good read from greenwood investors.  If nothing else check out their portfolio summary, including point form investment thesis, on the last page.  I recognize many of the names on their list and own a few as well.

 

https://www.gwinvestors.com/wp-content/uploads/2017.04.06-Q1-2017-Letter-Conscious-Capitalists-w-Appendix.pdf

[arcticfox]

Thank you for sharing. Some good ideas and a couple of good thoughts. I know the road hasn't been easy for value investors and managers that chart their own course, but their performance the last 5-6 years has been below average.

[no_free_lunch]

Honestly, I don't know too much about them.  I just view these types of letters as a source of ideas, it is especially helpful when there is some explanation/thesis behind the ideas.  You definitely still need to do due dilligence.

[Phaceliacapital]

"their" seems like a far reach for someone who is 90% of the time doing all the work himself. Steven is one of those guy's whose track record currently does not reflect his true capabilities.