It looks like Kyle Bass sees the same value in GM that we at T&T Capital Management (TTCM) have been pounding the table on for quite some time. http://seekingalpha.com/article/453621-general-motors-stock-price-is-far-too-pessimistic  GM has traded at an extremely low multiple to earnings and on an EV/EBITDA basis.  The government ownership overhang has likely been a big contributor and I...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

Those who are familiar with me know that there are very few investors that I respect more than Bruce Berkowitz of Fairholme Funds.  His analysis is always cogent and persuasive, while he doesn’t cater to short-termism like 99% of Wall Street.  I was disgusted in 2011 when he had his only really rough year, when...Read More

Assured Guaranty (AGO) has been a wonderful investment for myself and clients of T&T Capital Management.  The municipal bond insurance industry is extremely confusing and it has taken a ton of work to really understand the complexities and nuances of the accounting treatment.  Basically, GAAP accounting is extremely limited and operating metrics tend to provide...Read More

Today Fiesta Restaurant Group (FRGI) announced that it is issuing $100MM of common stock to buy back some of its most expensive debt.  This is extremely intelligent because the stock is trading at extremely expensive multiples in relation to book, earnings and cash flow.  FRGI owns two incredibly promising quick service restaurants, Pollo Tropical and...Read More

Below is our most recent research report on AIG.  The stock sold off a little bit after earnings results but is still highly attractive in our estimation.     http://seekingalpha.com/article/1829992-ignore-wall-street-analysts-aig-is-still-a-compelling-valueRead More

Here is Tim Travis’ research report on Citigroup Inc. (C) on Oct 11th 2013.   http://seekingalpha.com/article/1747352-citigroup-should-not-be-trading-at-a-discount-to-tangible-bookRead More

Here is Tim Travis’ research report on JPMorgan Chase & Co. (JPM) on Oct 11th 2013.   http://seekingalpha.com/article/1741692-punitive-lawsuits-aside-jpm-is-still-a-buyRead More

Here is Tim Travis’ research report on Wells Fargo & Co. (WFC) on Oct 11th 2013.   http://seekingalpha.com/article/1741082-wells-fargos-compounding-machine-keeps-it-rollingRead More

Here is Tim Travis’ research report on Joy Global, Inc. (JOY) on Oct 3rd 2013.   http://seekingalpha.com/article/1726892-joy-globals-valuation-and-cash-flow-generation-make-it-a-compelling-buyRead More