January 31, 2017

Inside This Issue


Pitches to Hit

Chuck Akre, John Neff, Tom Saberhagen, Chris Cerrone, Akre Capital

Chuck Akre, John Neff, Tom Saberhagen and Chris Cerrone of Akre Capital describe how they distinguish truly exceptional companies from pretenders, why they concentrate their number of holdings, how they’re planning for succession, and why they see long-term compounding potential in Mastercard, Dollar Tree, American Tower and Roper Technologies.

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Maintaining Perspective

Robert Robotti, Robotti & Co.

Robotti & Co.’s Robert Robotti explains when he’s most comfortable making forecasts, when he’s willing to accept a not-immaterial chance of a zero, what concerns him as an investor about the new U.S. administration, and what he thinks the market is missing in Builders FirstSource, Atwood Oceanics, Westlake Chemical and Panhandle Oil & Gas.

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Uncovering Risk: Hotels

Could looming excess supply and disruptive new competition spell trouble for hotel stocks?
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Uncovering Value: Abbott

Why the market’s cold shoulder to healthcare may be misplaced in this transforming company.
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Editors’ Letter

On active-manager outperformance and the virtue of patience.
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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.