SA Article on Arlington Value

[Parsad]

Short article on Arlington.  Cheers!

 

http://seekingalpha.com/article/1753932-learning-from-arlington-values-picks?source=yahoo

[Guest longinvestor]

Short article on Arlington.  Cheers!

 

http://seekingalpha.com/article/1753932-learning-from-arlington-values-picks?source=yahoo

 

Nice to see the ~ 60% holding in BRK. Now, that is concentration, especially by a fund manager. I enjoyed their presentation more than anything else at the pre-FFH dinner meeting this year, it appears that they are living true to their stated beliefs. Wonder how long they have held the BRK position and for how much longer?

[JBird]

I enjoyed their presentation more than anything else at the pre-FFH dinner meeting this year, it appears that they are living true to their stated beliefs.

 

Can you talk a little about that presentation?

[Guest longinvestor]

I enjoyed their presentation more than anything else at the pre-FFH dinner meeting this year, it appears that they are living true to their stated beliefs.

 

Can you talk a little about that presentation?

Don't have my notes handy but what I remember is that they are against the herd mentality;like concentration a lot and refreshingly used the line "We are envious of the individual investor".  I've never heard that before and like their candor. The institutional & regulatory paradigms are so heavily stacked against concentration that this statement of theirs so well captured.

[ZenaidaMacroura]

I have an interesting query - I've read that Mecham was a dropout who often stayed up til 3 AM devouring investment related reading materials and left school (anyone know which school?) to focus on launching his fund.

 

But then the article cites his Wasatch Security boss mentioning that he was a mediocre senior security analyst before he left the firm to start his own company. 

 

What exactly is his background?

[JBird]

When I asked his partner Ben Raybould where Allen learned accounting, he simply said that overall, Allen is 90% self-taught.

[educatedidiot]

Arlington Value's Q4 13-F is out.  They added to Advance Auto Parts, Alliance Data, Rent-A-Center, and Munro Muffler Brake.  Sold out of Foot Locker, Molson Coors, and Valmont.

http://www.rocketfinancial.com/Holdings.aspx?id=256421&fC=1

[educatedidiot]

Arlington Value's Q1 13-F is out.  They bought Molson Coors again and significantly increased their position in Alliance Data.  It looks like they are continuing to reduce their Cimpress position into share price strength, but with the per share value climbing the sales are hardly putting a dent in the value of the position -- Cimpress is a staggering 19% of US invested assets.

http://www.rocketfinancial.com/Holdings.aspx?id=256421&fC=1