September 29, 2017

Inside This Issue


Prime Locations

Jeffrey Kolitch, Baron Funds

Baron Funds’ Jeffrey Kolitch describes why he pursues an “all-inclusive” approach to real estate investing, why he thinks the commercial and residential real estate cycles have further to run than many expect, why he’s stepped up his research efforts outside the U.S., and what he thinks the market is missing in Vulcan Materials, InterXion and Mohawk Industries.

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In to Win

Clifford Sosin, CAS Investment Partners

Clifford Sosin of CAS Investment Partners explains how he handicaps companies’ very-long-term success, why he lets what interests him serve as a primary guide to the new ideas he pursues, the added precaution he’s taking to better respond to trouble, and why he sees significant upside in Ashtead Group, Credit Acceptance and Fogo de Chao.

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Nooks and Crannies

Pavel Begun, Cory Bailey, 3G Capital

Pavel Begun and Cory Bailey of 3G Capital describe why they have broadened their investing universe, why they don’t equate “difficult” with “risky” in investing in non-Western markets, why they typically own fewer than 10 stocks at a time, and why they see mispriced value in Turkey’s Halkbank, Estonia’s Silvano Fashion and Tatarstan’s Tatneft.

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Uncovering Value

Going through the back door to buy into cable’s Charter Communications at a bargain price.
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Of Sound Mind: Inactivity

Inaction may feel old-fashioned and slothful, but for investors it can be exactly the right call.
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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.