What's in the Latest Issue?
Earning Your Keep
Harris Associates’ Bill Nygren and Michael Nicolas describe what they look for in a good investment idea, why they’re more clearly articulating their “mistake management process,” what thoughts come to mind about Warren Buffett, and what they believe the market is missing today in Airbnb, First Citizens Bancshares, Keurig Dr Pepper and Phillips 66.
Pillars of Strength
Steven Scruggs and Benjamin Mellman of Bragg Financial Advisors explain how their strategy grounds them during times of market dislocation, why “boring” ideas are often the best bet, how they’ve learned to let their winners run, and why they see mispriced value today in RLI Corp., Advance Auto Parts, Vishay Intertechnology, TD Synnex and UGI Corp.
Uncovering Value: Alcohol
Questioning whether the party is over for out-of-favor global purveyors of alcoholic beverages.
Uncovering Value: Diamondback Energy
Seeing investment opportunity in the best house in a not currently great neighborhood.
Editor's Letter
A note from Warren Buffett; Updating a "can't-miss" stock; When old-fashioned wins the day.
Investment Highlights
Diamondback Energy, Advance Auto Parts, Airbnb, First Citizens Bancshares, Keurig Dr Pepper, Phillips 66, RLI Corp., TD Synnex, UGI Corp., Vishay Intertechnology
Other Companies in this Issue:
Becle, Berkshire Hathaway, Boston Beer, Brown-Forman, Diageo, Occidental Petroleum, Remy Cointreau, Alphabet, Altria, Cisco, Constellation Brands, GE Healthcare, General Motors, Graco, Meta Platforms, Netflix, REV Group, Upbound