It's understandable. The truth is that there is nothing quite like the Newsletter – especially as we have expanded it over the past two years – and so we have put together a collection of sample pieces from the back catalog to demonstrate what the Newsletter is, or what it hopes to be: topical, philosophical, talking about companies that the market ignores, pounding the table for value investing while grappling with problems like rapacious managements that are consuming value.
The "Highlights Issue" is available here for purchase as a single Issue. If you have been curious about the Newsletter, this is the perfect opportunity to try about two Issues worth of content (much of which is still topical and interesting) at a low cost.
This is a "highlight reel," but it is not a victory lap or a tout of what we have written about. A lot of these highlights are our thinkpieces: on shareholder rights, on banking as a business model, on value investing. There are pieces about companies that got taken out at a premium but also about ones that are trading lower now some years later... of course, those may be the most interesting to pay attention to now. There are two companies – Scheid Vineyards and Enterprise Diversified (formerly known as Sitestar) – where we warned about significant risks that ended up materializing.
If you are a subscriber, the Highlights Issue should be in your inbox right now. (If you are not a subscriber yet, you can sign up right here.) Remember that we have made some back Issues of the Newsletter available à la carte, so you can try those before you sign up for a subscription: Issues 19, 20, 21, 22, 23, 24, 25, 26, and 27.
Some comments from happy subscribers:
- "You need to raise the price!"
- "I think you guys are selling yourself short on your company visits. Saying that you are visiting or reporting from a company in your marketing, doesn’t give justice to the insight and analysis you are providing."
- "The quality of the writing (even including your new contributors) is really top-drawer."
- "Great newsletter! - you guys are either providing too much info or not charging enough..."
The excerpts were on The Coal Creek Company, Tower Properties, Bank of Utica, small banks, Avalon Holdings, Boston Sand and Gravel, Conrad Industries, and Sitestar / Enterprise Diversified.
Don't miss the recent Oddball Stocks blog posts on: Pico Holdings and the Bank of Utica Annual Report (and investors' reactions to it).