feynmanresearch

+1

Thanks for bringing the book to attention.I'll check it out

Thanks for the input,crocodon

We are conducting an interview with Tobias Carlisle, author of Deep Value and co-author of Quantitative value. Tobias has conducted other interviews, so we are looking for whatever insightful and unique questions you guys might have.

I agree with this.So many people thought Pabrai, Ackman, Einhorn etc were gods.Look where it got them

Our short thesis on CMG:http://seekingalpha.com/article/3850656-chipotle-fundamentals-suggest-even-stronger-downside-potential

https://www.cfachicago.org/apps/eve_detail.asp?eve_ID=1037 It's on Tuesday, January 26th

Hmm,I do not know the exact answer to that question, but a reasonable assumption would be that most investors are being taught income metrics at school, and a lot of value investors have read countless books who have touted the effectiveness of such metrics.In a sense, once you go past a certain point in time, concepts like the effectiveness of income type metrics become the standard for investors to use, almost reflexively and without much afterthought. Similar to how efficient market theory had and still has many adherents, despite being hogwash.It's like that saying"say it loud enough and often,and people will believe it to be the truth". That's my $0.02.Would love to hear your take on it.

+1

Take a look at our write up on ARLP for a deeper understanding of the coal industry:http://seekingalpha.com/article/3804196-why-alliance-resource-partners-is-not-as-attractive-as-it-seems ALRP isn't even safe in this environment. Consol coal is probably going to survive, but there is a serious decline of coal use in the US. Therefore, prices will continue to drop until demand stabilizes, Consol is hedged and has one of the lowest cost mines, even with transportation included. Because of the 30% yield, Consol the parent won't likely do any drop downs. That's the bad news, otherwise it could add some intriguing assets into the mlp. If seriously interested, read every major US coal company report from 2011. You'll see who the knucklheads are, were, and how only a couple are well run. Alrp earned good retunrns on capital, but the industry sucks. Also; keep an eye on Arch Coal following ch 11. That's the argument we put forth in the article-even ARLP isn't safe

Take a look at our write up on ARLP for a deeper understanding of the coal industry:http://seekingalpha.com/article/3804196-why-alliance-resource-partners-is-not-as-attractive-as-it-seems

http://feynmanresearch.com/2016/01/12/brian-grosso-episode/

http://feynmanresearch.com/2016/01/18/evebit-the-most-underrated-price-ratio/

PII is pretty cheap

Good point.I'll research further