Category

Tim Travis’ Commentary
Below is a great article about the changing dynamics in the mortgage industry where smaller companies are stealing market share from the big banks’.  The biggest reason for this are the new capital rules and regulations that effect the largest financial institutions.  They make it unattractive to originate loans and slowdown the process.  Retained or...
Read More
When Blackstone took Hilton private in 2007, it was a time of extreme optimism in the LBO market.  The deal was funded with a low percentage of equity and in the depths of the financial crisis, the deal looked to be a complete loser with bond prices plummeting.  I give a lot of credit to...
Read More
Below is the most recent research report on Hewlett-Packard (HPQ). I hope that you enjoy! http://seekingalpha.com/article/1867211-hewlett-packard-no-longer-distressed-investing-upside-remains?source=email_rt_article_readmore&app=1  
Read More
This was a really great letter to investors from value investor Tweedy Browne. He touches on a lot of great issues including how quickly perceptions about various markets or stocks change, and how little value is created by short-termism. There is a great rundown of many of the significant events over the last 20 years,...
Read More
It is with great pleasure that we are able to release the latest performance figures for T&T Capital Management (TTCM).  To put it in perspective, we manage roughly 220 accounts currently and while we hold our stock and bond positions for a long time generally, we have thousands of options trades that must be accounted...
Read More
  At T&T Capital Management, we have long-believed that GM has offered significant value since emerging from bankruptcy.  The bankruptcy process cleansed the company of some of the excessive liabilities and costs, while new management has improved the efficiency of the company.  In addition, pent-up demand from the Great Recession has caused car sales volumes...
Read More
Wal-Mart made the decision today to reduce Mike Duke with long-term Wal-Mart executive Doug McMillon.  This is a rather abrupt move considering Wal-Mart’s history of retaining CEO’s for long periods of time.  I still believe that Wal-Mart is the best positioned retailer to fight off Amazon.  It is my opinion, that the company should offer...
Read More
We are now 5 years past the Great Recession of 2008, yet governments’ in both the United States and the United Kingdom are still obsessing about banks’ sins of the past.  The most recent headline is that the U.K. believes that RBS intentionally allowed viable businesses to go bankrupt to gauge them for advisory fees...
Read More
The resurgence of the American oil and gas industry has been nothing short of breathtaking.  The Peak Oil Theory had filled Americans with anxiety that the country would remain forever tied to importing oil from governments that are often hostile towards U.S. interests.  The development of hydraulic fracturing and horizontal drilling has dramatically reduced natural...
Read More
Teva has been one of my most frustrating investments over the last several years.  The business is the largest generic drug manufacturer in the world and benefits from tremendous scale advantages.  There has been a considerable amount of concern pertaining to the pending expiration of Copaxone in May of 2014, which accounts for 20% of...
Read More
1 43 44 45 46 47 49

Recent Comments

    Archives

    [vc_separator type=’transparent’ position=’center’ color=” thickness=” up=’6′ down=’6′]

    7242 East Cortez Rd
    Scottsdale, AZ 85260
    Phone: 805-886-8140
    Fax : 949-335-9784

    [vc_separator type=’transparent’ position=’center’ color=” thickness=” up=’6′ down=’6′]