December 31, 2012

Inside This Issue


Above the Fray

Ed Wachenheim, Greenhaven Associates

Ed Wachenheim of Greenhaven Associates describes the key themes underpinning most of his largest positions, the sector he’s ignoring despite big potential upside, why he believes managers often increase portfolio risk as they further diversify, and what he thinks the market is missing in Air Products, United Parcel Service, EQT Corp., Lowe’s and Whirlpool.

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Braving the New World

Canon Coleman, Invesco

Invesco’s Canon Coleman, Jonathan Mueller and Jonathan Edwards explain how they try to make the critical distinction between secular and cyclical, how they respond when a position moves sharply against them, which surprising industry they find interesting, and why they believe AMN Healthcare, Quiksilver, Ciber and ManpowerGroup are mispriced.

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Uncovering Value

Shining light on possible inefficiencies in the pricing of the most-innovative companies’ ...
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Uncovering Value

What if today’s cyclical strength in oil refining turns out to be much less fleeting than usual?
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Editors’ Letter

Looking for positives in an investment gone terribly awry.
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Who's Behind VII?

John Heins, Co-Founder, Editor-in-Chief
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John Heins co-founded Value Investor Media, Inc. in 2004 and since then has served as its President and as the Editor-in-Chief of Value Investor Insight. In 2016 he took on an additional role as a Professor of Value Investing at the University of Alabama and is now the Director of the university's C.T. and Kelley Fitzpatrick Center for Value Investing.