On Monday, Western Sizzlin (WSZL) announced the final results of its rights offering. As was discussed in my post announcing that I was buying Western Sizzlin for the Fat Pitch Financials Portfolio, Sardar Biglari issued 898,875 new shares of WSZL through a rights offering that started on October 17 and ended November 16, 2007. The rights allowed holders to purchase Western Sizzlin stock [...]
With the recent liquidity crisis in the subprime market, the formerly red hot housing sector has finally started to cool off. Home equity loans are costing significantly more now and future home price appreciation expectations are finally getting back to reality. These factors have caused investors and shoppers to curtail their demand for home improvement [...]
Apple Inc. (AAPL) is one of the most popular stocks followed on Wall Street. It is a classic glamor stock. It is followed by both institutional investors and the general public. Apple’s highly popular iPod media players and iTunes digital media store have captured the imagination of music lovers everywhere.Â
Many of those music lovers dabble in stocks. [...]
Several week’s ago a discussion broke out in the Fat Pitch Financials Contributor’s Corner forum regarding stocks selling below net current asset value. Geoff Gannon submitted several posts about stocks that were selling below net current asset value (NCAV). He even found one selling below Ben Graham’s 2/3 or less of NCAV criteria. This find was Concord Camera [...]
I was trying to figure out what is causing Mothers Work (MWRK) to climb more than 13% today. All I could find was James Altucher’s Daily Blog Watch, which mentions a blog article by Blogvesting questioning whether Mothers Work is a value trap. Altucher’s Blog Watch is always an interesting read but it’s not really [...]
The results are in from last week’s poll at Value Investing News on Delta Financial (DFC). Visitors of Value Investing News were asked:
Do you think shares of Delta Financial (DFC), a Mohnish Pabrai stock pick, will recover from its steep price decline last week?
This past week’s poll was the most popular one yet. Seventy-three visitors [...]
I had a Peter Lynch moment a few weeks ago at the mall. My wife and I noticed that many of the woman at the mall were wearing maternity style shirts. My wife pointed out a few tops that looked just like a maternity shirt she owned when she was pregnant with my daughter. However, these women did not [...]
I first spotted US Bancorp (USB) when reviewing Berkshire Hathaway’s stock holdings back in February. This past week I read about US Bancorp again when a member of Value Investing News posted a link to “The Complete User’s Guide to Warren Buffett’s Portfolio” by James Altucher. I have been meaning to analyze US Bancorp for [...]
The Berkshire Hathaway Annual Report for 2006 was released yesterday, March 1, 2007, after the close of the market. As always, Warren Buffett shares his amazing wisdom with us in his letter to shareholders. I’m going to attempt to capture some of the most interesting, revealing, and informative points that Mr. Buffett makes in this years [...]
It has been quite some time since I last discussed Unilever PLC (UL). I originally added shares of UL to the Fat Pitch Financials Port back on September 21, 2004. Adjusting for a stock split (9:5), my cost basis for this stock was $18.66.
Yesterday, UL closed the day at $27.66. According to Marketocracy statistics, UL has been [...]

