The Best Ideas fully online conference brings together the best minds from the MOI Global network of intelligent investors, with a focus on timely and actionable investment ideas. Members enjoy complimentary and exclusive access.
Best Ideas 2018 took place on January 11-13 and featured more than one hundred instructors. Browse the sessions below.
Nitin Sacheti of Papyrus Capital presented his in-depth investment thesis on EchoStar (Nasdaq: SATS) at Best Ideas 2018. EchoStar is an underfollowed satellite business run…
Phil Ordway of Anabatic Investment Partners will discuss the dynamics of a U.S.-based industry and highlight selected companies at Best Ideas 2018.
Elliot Turner of RGA Investment Advisors presented his in-depth investment thesis on Walgreens Boots Alliance (Nasdaq: WBA) at Best Ideas 2018. Says Stefano Pessina, “Many…
Arvind Mallik and Jonathon Fite of KMF Investments presented their in-depth investment thesis on TransAtlantic Petroleum (NYSE/American: TAT) at Best Ideas 2018.
Ben Terk of Active Owners Fund presented his in-depth investment thesis on PRGX Global (Nasdaq: PRGX) at Best Ideas 2018. PRGX Global is the largest…
Serge Belinski of Value Holdings presented his in-depth investment thesis on Orca Exploration (Canada: ORC) at Best Ideas 2018. Orca Exploration, through one of its…
Sid Choraria, an Asian Equities Portfolio Manager, presented his in-depth investment theses on NESCO (India: 505355) and Vinamilk (Vietnam: VNM) at Best…
Nathaniel Leach of LBW Wealth Management presented his in-depth investment thesis on Liberty Ventures (Nasdaq: LVNTA) at Best Ideas 2018. Liberty Ventures trades as a…
Bill Chen of Rhizome Partners presented his in-depth investment thesis on LAACO (OTC: LAACZ) at Best Ideas 2018. LAACO is an undervalued and under-levered…
Dustin Johnson of Pala Investments presented his in-depth investment thesis on Ivanhoe Mines (Toronto: IVN) at Best Ideas 2018. Ivanhoe is a Canadian-listed mining company…
Glenn Surowiec of GDS Investments presented his in-depth investment thesis on General Electric (NYSE: GE) at Best Ideas 2018. GE offers compelling risk-adjusted appreciation for…
Willem Schilpzand of Alpine Capital Research presented his in-depth investment thesis on Embraer (NYSE: ERJ) at Best Ideas 2018. Embraer is the third-largest aircraft OEM…
Howard D. Punch of Punch and Associates presented his in-depth investment thesis on B. Riley Financial (Nasdaq: RILY) at Best Ideas 2018. B. Riley is…
Bogumil Baranowski of Sicart Associates presented his in-depth investment thesis on Proshares Short High Yield ETF (NYSE: SJB) at Best Ideas 2018. About the instructor:…
Luis García Alvarez of MAPFRE AM presented his in-depth investment thesis on Merlin Properties (Spain: MRL) at Best Ideas 2018. Merlin Properties is the…
Bob Robotti of Robotti & Company presented his in-depth investment thesis on SEACOR Marine (NYSE: SMHI) at Best Ideas 2018. SEACOR Marine was formed…
Naveen Jeereddi of Jeereddi Partners presented his in-depth investment thesis on KKR & CO. L.P. (NYSE: KKR) at Best Ideas 2018. KKR is one of…
Stefan Culibrk of Culibrk Partnership presented his in-depth investment thesis on Discovery Communications at Best Ideas 2018.
Luis Sanchez of Overlook Rock Asset Management presented his in-depth investment theses on Lear (NYSE: LEA) and Heidrick & Struggles (Nasdaq: HSII) at Best Ideas…
William Heard of Heard Capital presented his in-depth investment thesis on Fair Isaac Corporation (NYSE: FICO) at Best Ideas 2018.
Jonathan Isaac of Quilt Investment Management presented his in-depth investment thesis on Cass Information Systems (Nasdaq: CASS) at Best Ideas 2018. Cass Information Systems is…
Gabriel Grego of Quintessential Capital Management presented his in-depth investment thesis on Discovery Communications (Nasdaq: DISCA) at Best Ideas 2018. Discovery Communications is a broadcaster…
Harsha Gowda of BlueShore Capital Management presented his in-depth investment thesis on AV Homes at Best Ideas 2018.
Steve Gorelik of Firebird Management presented his in-depth investment thesis on Olympic Entertainment (TSE: OEG1T) and AMC Entertainment (NYSE: AMC) at Best Ideas 2018. Olympic…
Michael Rome of Long Focus Capital presented his in-depth investment thesis on US Concrete (Nasdaq: USCR) at Best Ideas 2018. US Concrete is a construction…
Rick Fujimoto of Silverado Investment Partners presented his in-depth investment thesis on Credit Acceptance (Nasdaq: CACC) at Best Ideas 2018. Credit Acceptance provides financing programs…
David Fleer of Bristlecone Value Partners presented his in-depth investment thesis on Steel Partners Holdings LP (NYSE: SPLP) at Best Ideas 2018. Steel Partners Holdings…
Dan Roller of Maran Capital Management presented his in-depth investment thesis on Clarus Corp. (Nasdaq: CLAR) at Best Ideas 2018. Clarus is an NOL-rich holding…
Javier Echevarria of Invexcel Patrimonio presented his in-depth investment thesis on C&C Group (Ireland: GCC) at Best Ideas 2018. C&C is a small European company…
Patrick Retzer of Retzer Capital Management presented his in-depth investment thesis on Franklin Covey (NYSE: FC) and School Specialty (OTC: SCOO) at Best Ideas 2018….
Amit Chokshi of Doshi Capital Partners presented his in-depth investment thesis on AU Optronics (NYSE: AUO) at Best Ideas 2018. AU Optronics is a Taiwan-based…
V.P. Rajesh of Banyan Capital Advisors presented his in-depth investment thesis on Infinite Computer Solutions (India: INFINITE) at Best Ideas 2018. The IT services industry…
Thomas Bushey of Sunderland Capital Partners presented his in-depth investment thesis on eDreams Odigeo (Spain: EDR) at Best Ideas 2018. eDreams Odigeo is a leading…
Jean Pierre Verster of Fairtree Capital presented his in-depth investment thesis on Naspers (South Africa: NPN) at Best Ideas 2018. Naspers is a global internet…
Rodrigo Lopez Buenrostro of KUE Capital presented his in-depth investment thesis on KKR & Co. (NYSE: KKR) at Best Ideas 2018. KKR & Co. is…
Brian Brosnan of Crystal Amber Advisers presented his in-depth investment thesis on Ocado (London: OCDO) at Best Ideas 2018. Ocado is an online grocery pioneer…
Patrick Brennan of Brennan Asset Management presented his in-depth investment thesis on Liberty Global Group (Nasdaq: LBTY) and Lilac Global (Nasdaq: LILA) at Best Ideas…
Mike Boroughs and Paul Misleh of Fortis Capital Management presented their in-depth investment thesis on Ashford Inc. (NYSE: AINC) at Best Ideas 2018. Ashford is…
A.J. Noronha of Desai Capital Management presented his in-depth investment thesis on Intelsat (NYSE: I) at Best Ideas 2018. While A.J. typically avoids leveraged companies…
Christopher Bloomstran of Semper Augustus Investments Group presented his in-depth investment thesis on Dollar General (NYSE: DG) at Best Ideas 2018. Dollar General is a…
Reno Giancola and Jeff Hales of Alignvest Capital Management presented their in-depth investment thesis on Great Canadian Gaming Corporation (Toronto: GC) at Best Ideas 2018.
Amil Bera of Advaya Investment Management presented his in-depth investment thesis on XPO Logistics (NYSE: XPO) at Best Ideas 2018. XPO Logistics is a high-growth,…
Samir Mohamed presented his in-depth investment thesis on Varex Imaging (Nasdaq: VREX) at Best Ideas 2018. Varex Imaging was spun off from Varian Medical…
Matthias Teig of Rothorn Partners presented his in-depth investment thesis on S&U (London: SUS) at Best Ideas 2018. S&U is a family controlled British…
Murray Stahl of Horizon Kinetics presented discussed cryptocurrencies and equity markets at Best Ideas 2018.
David Tawil of Maglan Capital presented his in-depth investment thesis on Madalena Energy (Canada: MVN) at Best Ideas 2018. Madalena Energy is the only independent,…
Tito Avila of LIS Capital presented his in-depth investment thesis on Unipar Carbocloro (Brazil: UNIP3)at Best Ideas 2018. Unipar Carbocloro is a chemical holding company….
Chris McIntyre of McIntyre Partnerships presented his in-depth investment thesis on Telesites (Mexico: SITES) at Best Ideas 2018. Telesites is a regulatory-forced spin of a…
Jeff Sutton of ValueTree Investments presented his in-depth investment thesis on Treehouse Foods (NYSE: THS) at Best Ideas 2018. Treehouse Foods is the largest provider…
Taslim Ahmed of Eximus Partners presented his in-depth investment thesis on Transnational Corporation of Nigeria (Lagos: TRANSCORP) at Best Ideas 2018. Transnational Corporation of…
Gaurav Aggarwal of Metis Capital Management presented his in-depth investment thesis on Time Technoplast (ISIN: INE508G01029) at Best Ideas 2018.
Rimmy Malhotra of Nicoya Capital presented his in-depth investment thesis on Nelnet (NYSE: NNI) at Best Ideas 2018. Nelnet may appear to be a leveraged…
Ashish Kila of Perfect Group presented his in-depth investment thesis on Thomas Cook India (India: TC) at Best Ideas 2018. Thomas Cook India offers an…
Mathew Klody of MCN Capital Management presented his in-depth investment thesis on Guess (NYSE: GES) at Best Ideas 2018. Guess is a branded licensor, wholesaler,…
Joe Magyer of Lakehouse Capital presented his in-depth investment thesis on Afterpay Touch (Australia: APT) at Best Ideas 2018. Afterpay Touch is a little-followed, fast-growing…
Danilo Santiago of Rational Investment Methodology presented his in-depth investment thesis on Cemex (NYSE: CX) at Best Ideas 2018. Danilo estimates that the shares…
Stanley Lim of Slimhawk Partners presented his in-depth investment theses on Taiwan Semiconductor Manufacturing (Taiwan: 2330) and Tencent Holdings (Hong Kong: 0700) at Best Ideas…
Steven Wood of GreenWood Investors presented his in-depth investment theses on Telecom Italia (Italy: TIT) and TripAdvisor (TRIP) at Best Ideas 2018.
William Thomson of Massif Capital presented his in-depth investment thesis on Haw Par (Singapore: H02) at Best Ideas 2018. Haw Par is a deeply undervalued,…
Keith Weissman of Sibilla Capital Management presented his in-depth investment thesis on Sinclair Broadcast Group (Nasdaq: SBGI) at Best Ideas 2018. Sinclair Broadcast Group (Nasdaq:…
Mike Kruger of MPK Partners presented his in-depth investment thesis on IES Holdings (Nasdaq: IESC) at Best Ideas 2018. IES Holdings installs electrical wiring for…
Robert King of Baskerville Capital Management presented his in-depth investment thesis on Discovery Communications (Nasdaq: DISCA) at Best Ideas 2018. Discovery is a media and…
Eric DeLamarter of Half Moon Capital presented his in-depth investment thesis on BlueLinx (NYSE: BXC) at Best Ideas 2018. BlueLinx is a home-building products…
Fred Liu of Hayden Capital presented his in-depth investment thesis on Zooplus (Germany: ZO1) at Best Ideas 2018. Zooplus is a leading online retailer of…
Clement Loh of Lion Rock Partners presented his in-depth investment thesis on Saigon Cargo Services (Vietnam: SCS) at Best Ideas 2018. Saigon Cargo Services is…
Chris Crawford of Crawford Fund Management will present his in-depth investment thesis on Diamond Hill Investment Group (Nasdaq: DHIL) at Best Ideas 2018.
Kaushal Majmudar and Sam Namiri of Ridgewood Investments presented their in-depth investment thesis on Farmer Brothers (Nasdaq: FARM) at Best Ideas 2018. Farmer Brothers is…
Curtis Jensen of Robotti & Company Advisors presented his in-depth investment thesis on FRP Holdings (Nasdaq: FRPH) at Best Ideas 2018. FRP Holdings is a…
Juan Matienzo of Mercor Investment Group discussed deep value investing and presented his investment thesis on Oriental Watch (Hong Kong: 398), Vietnam Manufacturing and Export…
Eric Gomberg of Dane Capital Management presented his in-depth investment thesis on Andina/Lazydays (Nasdaq: ANDA) at Best Ideas 2018. Andina/Lazydays is among the largest RV…
Francisco Olivera of Arevilo Capital Management presented his in-depth investment theses on Restaurant Brands International (NYSE: QSR) and Charter Communications (Nasdaq: CHTR) at Best Ideas…
James Fletcher of APG Asset Management presented his in-depth investment thesis on Autohome (NYSE: ATHM) at Best Ideas 2018. Autohome is a business with a…
Tim Eriksen of Eriksen Capital Management presented his in-depth investment thesis on Customers Bancorp (NYSE: CUBI) at Best Ideas 2018. Customers Bancorp is a regional…
Scott Phillips of Templeton & Phillips Capital Management presented his in-depth investment thesis on Ontex Group (Brussels: ONTEX) at Best Ideas 2018.
Doug Ott of Andvari Associates presented his in-depth investment thesis on Micro Focus International (NYSE: MFGP, LSE: MCRO) at Best Ideas 2018. Micro Focus is…
Matthew Peterson of Peterson Capital Management presented his thesis on an undervalued portfolio hedge for value-oriented investors at Best Ideas 2018.
Jeremy Deal and Seth Lowry of JDP Capital Management presented their in-depth investment thesis on Teekay Offshore LP (NYSE: TOO) at Best Ideas 2018….
Aaron Edelheit of Mindset Capital presented his in-depth investment theses on Cousins Properties (NYSE: CUZ) and Scheid Vineyards (OTC: SVIN) at Best Ideas 2018. Cousins…
Francisco Carrillo of Mexico Value Partners presented his in-depth investment thesis on Grupo Mexico (Mexico: GMEXICOB) at Best Ideas 2018. Grupo Mexico not only has…
Zack Buckley of Buckley Capital Partners presented his in-depth investment thesis on GTT Communications (NYSE: GTT) at Best Ideas 2018.
Alex Bossert of Bossert Capital presented his in-depth investment thesis on Cambria Automobiles (London: CAMB) at Best Ideas 2018. Cambria Automobiles is a UK-based auto…
Daniel Baldini of Oberon Asset Management presented his in-depth investment thesis on School Specialty (OTC: SCOO) at Best Ideas 2018. School Specialty is a well-managed,…
Gautam Baid of Summit Global Investments presented his in-depth investment thesis on Future Enterprises (India NSE: FEL, BOM: 523574) at Best Ideas 2018. Future Enterprises…
Randall Abramson of Trapeze Asset Management discussed his investment process at Best Ideas 2018.
Anuj Didwania of Redart Capital Advisors presented his in-depth investment thesis on KNR Constructions (India: KNRCON) at Best Ideas 2018. KNR Constructions engages in…
Peter Rabover of Artko Capital presented his in-depth investment thesis on Viad (NYSE: VVI) at Best Ideas 2018. Viad is a combination of two unrelated…
Keith Rosenbloom of Cruiser Capital discussed his investment approach, reviewed and updated ideas presented at past online conferences hosted by MOI Global, and presented his summary thesis on Tetragon Financial (Amsterdam: TFG) at Best Ideas 2018.
Jeff Stacey of Stacey Muirhead Capital Management presented his in-depth investment thesis on CPL Resources (Ireland: CPL) at Best Ideas 2018. CPL is a leading…
Brian Pitkin of URI Capital Management presented his in-depth investment thesis on Barclays (NYSE: BCS) at Best Ideas 2018. Barclays trades at roughly 60%…
Chris Karlin of Aquitania Capital Management is presenting his in-depth investment thesis on Avaya Holdings (OTC: AVYA) at Best Ideas 2018. Avaya provides unified…
Mark Walker of Seven Pillars Capital Management presented his in-depth investment thesis on McCarthy & Stone (London: MCS) at Best Ideas 2018. McCarthy & Stone…
Robert Leitz of iolite Partners presented his in-depth investment thesis on Bakkafrost (Oslo: BAKKA) at Best Ideas 2018. Bakkafrost is a best-in-class, vertically integrated salmon…
Michael Lee of Hypotenuse Capital Management presented his in-depth investment thesis on Tucows (Nasdaq: TCX) at Best Ideas 2018. Tucows provides simple, useful services that…
Stephen Dodson of Bretton Fund presented his in-depth investment thesis on Continental Building Products (NYSE: CBPX) at Best Ideas 2018. Continental Building Products is…
Shawn Kravetz of Esplanade Capital presented his in-depth investment thesis on Bridgepoint Education (NYSE: BPI) at Best Ideas 2018. Bridgepoint is priced for distress but…
Amit Wadhwaney of Moerus Capital Management discussed asset-based investing and presented his in-depth investment thesis on BR Properties (Brazil: BRPR3) at Best Ideas 2018….
Chris Swasbrook of Elevation Capital Management presented his in-depth investment thesis on Tiffany & Co. (NYSE: TIF) at Best Ideas 2018. Tiffany is an American…
John Heldman and David Hutchison of Triad Investment Management presented their in-depth investment thesis on Allison Transmission (NYSE: ALSN) at Best Ideas 2018. Allison is…
Niraj Gupta of GCI Partners presented his in-depth investment theses on Walt Disney (NYSE: DIS) and Twenty-First Century Fox (Nasdaq: FOXA) at Best Ideas 2018. Niraj outlined a compelling opportunity to become a long-term shareholder in Disney at an attractive implied valuation through FOX.
Artem Fokin of Caro-Kann Capital presented his in-depth investment thesis on TripAdvisor (Nasdaq: TRIP) at Best Ideas 2018. Both the sell-side and buy-side are myopically…
Ryan O’Connor of Crossroads Capital presented his in-depth investment thesis on Sears Hometown and Outlet (Nasdaq: SHOS) at Best Ideas 2018.
Abhay Deshpande of Centerstone Investors presented his in-depth investment thesis on O’Reilly Auto Parts (Nasdaq: ORLY) at Best Ideas 2018. O’Reilly is a leading retailer…
Gary Mishuris of Silver Ring Value Partners presented his in-depth investment thesis on Discovery Communications (Nasdaq: DISCA) at Best Ideas 2018. Discovery is undervalued because…
Ian Clark of Dichotomy Capital presented his in-depth investment thesis on Atlantic Power (NYSE: AT) at Best Ideas 2018. Electrical grids are becoming increasingly complex…
Barry Pasikov of Hazelton Capital Partners presented his in-depth investment thesis on Hanesbrands (NYSE: HBI) at Best Ideas 2018.
James Choa of Valiant Ocean Capital presented his in-depth investment thesis on Asia Financial Holdings (Hong Kong: 662) at Best Ideas 2018. Asia Financial Holdings,…
Michael Melby of Gate City Capital Management presented his in-depth investment thesis on Dawson Geophysical (Nasdaq: DWSN) at Best Ideas 2018. Dawson Geophysical is the…
Raphael Moreau of Amiral Gestion presented his in-depth investment thesis on Reno De Medici (Italy: RM) at Best Ideas 2018. Reno de Medici, with…
John Lewis of Osmium Partners presented his in-depth investment theses on Spark Networks (NYSE: LOV), Franklin Covey (NYSE: FC) and Redbubble (ASX: RBL) / Leaf…
Jim Roumell of Roumell Asset Management presented his in-depth investment thesis on Medley Capital (NYSE: MCC) at Best Ideas 2018. Medley Capital is a Business…
Sean Stannard-Stockton of Ensemble Capital Management presented his in-depth investment thesis on First Republic Bank (NYSE: FRC) at Best Ideas 2018. First Republic Bank is…
Jim Zimmerman of Lowell Capital Management presented his in-depth investment thesis on HCA Healthcare (NYSE: HCA) at Best Ideas 2018. HCA is the largest for-profit…
Adam Sues of Yacktman Asset Management presented his in-depth investment theses on Wilson Sons (Brazil: WSON33) and Ocean Wilsons (London: OCN) at Best Ideas 2018….
Matthew Sweeney of Laughing Water Capital presented his in-depth investment thesis on Greenhill & Co. (NYSE: GHL) at Best Ideas 2018. Greenhill is a boutique…
As early as my first job interview in the investment field, I was focused on avoiding risk. In that encounter I wasn’t very curious about my future boss’s all-time best investments; I wanted to know about the decisions he had made before the biggest market crashes.
…while brands might seem a natural part of the economic order, they are a relatively new invention. 150 years ago, canned food companies learned that by building a trusted brand, consumers would pay a premium price in exchange for avoiding the spoiled food common in canned food.
“Thirty four years ago, a handful of us here in the room started a business with the concept that by doing fundamental bottom-up stock research, we could identify companies that would outperform the market. That is what we have done and it has always been the mandate of the business.”
My partners, Tim and Dan, like to tell prospects and clients that they can meet with me anytime and ask any questions that they may have or simply see what I’ve been thinking about lately. In the same breath, they then caution the listener to carefully consider whether or not they want to go down that rabbit hole.
At the core of every investment is the capability of the people who are going to execute the plan. Great managers make average situations great and poor managers make great situations poor. The definition of “great” can be backward-looking and hard to evaluate prior to a manager doing “great things.”
MCC’s objective is to generate income and capital appreciation by lending to privately-held middle market companies ($25 million to $250 million enterprise value), primarily through directly originated transactions. The portfolio consists of senior secured first lien term loans and senior secured second lien term loans.
Systems thinking is a method of trying to understand a system by examining the linkages and interactions between components that comprise the entirety of the defined system. You try to understand each unit of the system in relation to its environment so you can understand whatever complex interactions might be happening within that system.
One of our biggest mistakes was not investing in Amazon shortly after reading Josh Tarasoff’s 2012 presentation, instantly recognizing the appeal and dismissing a potential purchase on account of the stock being “too expensive.”We will forever hold ourselves accountable for this mistake, while simultaneously self-reflecting on what we can do to avoid this mistake in the future.
Among SGX listed firms, roughly 60% can be described as family firms. These businesses have historically outperformed those of non-family owned companies on the SGX with a return on assets of 3.7% vs. 0.9%. Roughly a third of these firms are still run by the first generation of the family, and 54% are run by the second generation.
Investing in natural resources is often excluded from the investment mandate of value investors due to the inherent volatility and need to forecast macro factors. I am a value investor at heart, however my professional investment mandate at Pala focuses largely on investments within the metals and mining sector.
…our investments generally have valuations which are low and this helps reduce risk. The market does not expect much from the business in the future or is worried about current earnings or free cash flow sharply declining. These may also be situations where a business is simply misunderstood or undiscovered.
Over the past three-and-a-half years TripAdvisor has successfully built two platform businesses with winner-take-all dynamics – “attractions” and “restaurants” – and TripAdvisor is the winner. These two businesses make TRIP an attractive company regardless of how TRIP’s hotel business evolves.
Cambria Automobiles is a UK based auto dealership group that was founded by current CEO Mark Lavery in 2006 to pursue a dealership roll up strategy. Lavery owns 40% of the outstanding shares and from a starting capital base of only £10.8 million has built Cambria into a business with operating earnings of £11.8m in 2017.
In striving to buy as cheaply as possible, we estimate intrinsic value using conservative estimates that weigh a company’s balance sheet and what is known today much more heavily than projections of future earnings and cash flow, which may (or may not) materialize. Our asset-based investment approach stands in contrast to the approach of those who focus more heavily on earnings and cash flows.
We recently recorded a conversation with value investor and philanthropist Mohnish Pabrai. We are grateful to have Mohnish as an active member of — and mentor to — the MOI Global membership community. Shai Dardashti, managing director of MOI Global, spoke with Mohnish about the philanthropy, Dakshana Foundation, having lunch with Buffett, and more.
On any given day, the market just doesn’t present dozens and dozens of great investment opportunities, unfortunately. If you want to own 50 positions, the only way to do so is to lower your standards until you’re putting money into lower-value options. Instead, look for 15 to 20 different or uncorrelated positions.
