Berkshire’s German “Eyes and Ear” Scouts Acquisition Targets

Berkshire Hathaway is known to rely on outside input to identify potential acquisition targets, and one particular European-based scout has become Buffett’s “eyes and ears” in Germany. This according to a recent article in The Wall Street Journal. Zypora Kupferberg, who has run an independent consulting firm since 1997, gained a reputation as an “astute deal maker, but was largely unknown outside of the country,” the article says. In 2014, one of her clients asked Kupferberg to find buyers for their German motorcycle apparel company, and “she placed one name at the top of her list: Warren Buffett”—her rationale being […]

Warren Buffett Has Been Busy

The Oracle of Omaha has had a full dance card lately, as reported by CNBC and The Wall Street Journal: A CNBC article reports that, as of June 22nd, Buffett’s bets on four major airlines came in for a major landing, gaining $174 million from the market’s close the day before (according to SEC filings). The holdings are in American Airlines, Delta, United and Southwest Airlines. According to The Wall Street Journal, Berkshire Hathaway agreed to lend 2.4 billion Canadian dollars ($1.8 billion) to struggling Canadian mortgage banking company Home Capital Group—which has recently suffered an exodus of investors, the […]

Keys to Investing Success and Solid Picks

In a recent Forbes article, Validea CEO John Reese shared a list of core investing concepts outlined in an essay for the CFA institute by Vanguard founder Jack Bogle, and offered parallels with tenets of market gurus such as Warren Buffett, Peter Lynch, and Joel Greenblatt: Invest you must. Failure to earn an adequate return is riskier than short term market volatility. According to Joel Greenblatt: “The strategy of putting all your eggs in one basket and watching that basket is less risky than you might think.” Time is your friend. Benjamin Graham referred to compounding as the “eighth wonder […]

Keys to Success from Bogle, Buffett and Others

In a recent Forbes article, Validea CEO John Reese shared seven keys to investing success from such legends as Warren Buffett, Joel Greenblatt, Jack Bogle and Peter Lynch. Here are some highlights: Time is your friend—take advantage of compounding returns. Impulse is your enemy—emotional investing decisions are a bad idea. Basic arithmetic works—be mindful of transaction costs and fees. Stay the course—stick to your investment plan. Using his stock screening models, Reese identified the following high-scoring picks: ManpowerGroup (MAN), a provider of workforce solution and services, earns high marks for persistent growth in earnings-per-share and a favorable price-sales ratio. Nissan […]

Buffett and Thorp, and Five Stocks to Consider

 In yesterday’s Forbes, Validea CEO John Reese profiles the mathematician and author Edward Thorp, describing him as “masterful at integrating his vast knowledge of probability and statistics into the world of investing.” In the article, Reese highlights how Thorp shared Warren Buffett’s penchant for gathering and using data to unveil market opportunities in the form of mispriced equities. Using the stock screening models he created based on the strategies of Buffett and other investing gurus, Reese identifies the following five high-scoring stocks: TJX Companies (TJX) is an off-price apparel and home fashions retailer in the U.S. and across the world. […]