June 30, 2018

Inside This Issue

Select Opportunty

Pat English, Jonathan Bloom, Fiduciary Management

Pat English and Jonathan Bloom of Fiduciary Management describe how they try to avoid getting bogged down in unproductive research, what they look for in a prototypical CEO, how they took their strategy global, what they’ve learned about doubling down, and why they see mispriced value in Whitbread, Merlin Entertainments, Amorepacific and Safran.

Read More

Plenty of Headroom

Randy Pearce, Brad Barth, Grandeur Peak Global Investors

Grandeur Peak Global Advisors’ Randy Pearce, Brad Barth and Keefer Babbitt explain why they have about as broad a geographic reach as investors can have, what they look for when doing field research, how they compare companies in diverse markets, and why they think First Republic, Ritchie Bros., Nihon M&A and Aalberts Industries are mispriced.

Read More

Uncovering Value: Lennar

Myopic investors still miss the point on U.S. homebuilders like this one, says Ed Wachenheim.
Read More

Uncovering Value: Seritage

Why the company's ties to Sears Holdings may not be as ominous as they initially appear.
Read More

Editor's Letter

Diffusing value investors' reliance on "dumb humans."
Read More

Who's Behind VII?

John Heins, Co-Founder, Editor-in-Chief
Project Image

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 the C.T. Fitzpatrick Professor of Value Investing at the University of Alabama.