March 31, 2015

Inside This Issue


After the Fall

Robert Robotti, Robotti & Co.; William Fries & Rolf Kelly, Thornburg Investment Management; William Costello, Westwood Holdings; Terry Fitzgerald, Longbow Capital Partners; Mark Curnin, White River Capital

Robert Robotti, William Fries, William Costello, Terry Fitzgerald and Mark Curnin describe the energy-related areas that attract and repel them, how their views on oil prices are informing investment decisions, and why they see considerable upside in Subsea 7, Canadian Natural Resources, PDC Energy, Energy Transfer Equity and Texas Capital Bancshares.

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Turning Points

Richard Vogel, Patrick McNeill, Antoine Firmenich, Alatus Capital

Richard Vogel and Patrick McNeill of Alatus Capital explain why Europe’s economic malaise isn’t an impediment to finding good investment ideas, where they look for downside protection, what triggers often precede a positive “inflection” in a company’s performance, and why they see strong upside in Solvay, Kaba Holding, Atlas Copco and SES.

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Uncovering Value: WCI

Is the market being too reticent in recognizing this housing-bust flameout’s rise from the dead?
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A Fresh Look: Juniper

How to respond when even the best-laid plans are slow to translate into investment success.
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Editors’ Letter

Examining the primary virtues of short selling; The folly of market-related snap judgments.
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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.