As I make new personal finance discoveries, I’ll be sharing them here with you. My biggest discovery has been Warren Buffett’s writings, and I’ll be borrowing heavily from his incredible insight.
Who is George?
I am currently working as a resource economist. I have an undergraduate degree from Cornell University in Applied Economic and Business Management and I have a graduate degree from Yale University.
I am an amateur investor with no formal training in financial analysis or personal finance. I have never worked in the financial industry; however, I have read a lot of financial books, journals, and websites. I have been an active individual investor for 15 years, but I only saw the light of value investing five years ago. It was a major epiphany for me. I only wished someone had introduced me to Warren Buffett’s style of investing sooner. All I can say, it was a good thing I didn’t have much money in those early years.
My favorite books include: The Intelligent Investor
Hi George,
I wanted you to know how excited I was to discover your site. I have been reading and studying Phil Town’s book Rule#1 investing and working on learning it. I can see how helpful your site will be to learning more and I especially am grateful how clear you write, as a new comer to value investing and investing in general I find it a relief to read something outside of Phil’s book that makes sense.
Sincerely
Paul
I like the blog and the focus on value investing. If you get an opportunity, please check out a blog that I just started at http://buylikebuffett.com/.
Thanks.
Mark
Hey George,
Great site and keep up the excellent work. I am a fellow Western Sizzling shareholder and was wondering if I was seeing something that you have caught on to as well.
Based on their Sept 30, 2008 financial statements and today’s market cap of $24 M. On their balance sheet they have about 3.7 M in cash and equiv. $3 M in debt and $24 M in long term invesments.
Am i missing something here or purchasing shares at this level ($8.35) we are essentially getting the profitable restuarant/franchise business for free?
Let me know what you think!