It’s not surprising that after last week Spain is looking for help from the ECB through the purchasing of bonds in the secondary market.  I think the ECB should definitely get involved while making sure Spain understands that their help is contingent upon them cutting the fat our of their budget.  The ultimate costs will...Read More

Arnold Van Den Berg is the Co-Chief Investment Officer and Portfolio Manager of Century Management and he recently gave a speech to the Texas Association of Public Employee Retirement Systems.  I don’t want to steal his thunder as the speech is wonderful and is well worth your time.  It’s pretty tough to argue against his...Read More

George Soros is an investor that I have a tough time following but that I respect a great deal due to his deep and thoughtful understanding of macroeconomics.  His notion of reflexivity and the impacts it can have on markets is fascinating yet difficult for my mind to totally grasp.  In this effort he makes...Read More

It doesn’t get much better than Lecuadia (LUK) when it comes to value investing.  These low profile investors have bought and sold a variety of different businesses in different industries and during the process have accumulated one of the best track records in the business.  Between 1979-2011 they have compounded book value by 19.1%.  This...Read More