Invest with the best
The reason of the increase of ownership from only a number between 2% and 3% in 2004 to 63 in 2006 are investment of the best US-investors.
Greatest owner of Internet Capital is one of the best US-investors:
Owner Name Select a name below for more information. Date Shares Held
GENDELL JEFFREY L 6/30/2006 3,262,780
Gendell Jefferey hold between 8 and 9% of the outstanding shares of Internet Capital. And now read, what someone said about the investor: "The most important “screen” I use is this: Does a great investor already own the stock I’m thinking of buying? If not, I’ll pass. I don’t think I’m the smartest guy on Wall Street, so if no one else I respect thinks the stock is undervalued, then I won’t try to be a hero and go it alone. The great investors I follow include Warren Buffett, Marty Whitman of Third Avenue Value, Jeffrey Gendell of Tontine Partners and Larry Robbins of Glenview Capital, among many others.”
What I Need to See Before Buying a Stock
By Andrew Feinberg
January 09, 2006
The older I get, the more carefully I refine my stock selection process. This is one aspect of life in which you really can get better with age.
3:35 PM
Text zur Anzeige gekürzt. Gesamtes Posting anzeigen...
Quick performance note: I’m off to one of my best starts ever. I’ve beaten the market every day this year and am now up one and a quarter percentage points (125 basis points) on the S&P 500 as of this moment. So far so good.
A reader asked me to describe my research process and discuss how long it generally takes. I’ll give it a shot, with an emphasis on what I think I do differently from other investors.
The most important “screen” I use is this: Does a great investor already own the stock I’m thinking of buying? If not, I’ll pass. I don’t think I’m the smartest guy on Wall Street, so if no one else I respect thinks the stock is undervalued, then I won’t try to be a hero and go it alone. The great investors I follow include Warren Buffett, Marty Whitman of Third Avenue Value, Jeffrey Gendell of Tontine Partners and Larry Robbins of Glenview Capital, among many others. And I’m not just interested in people who beat the market. They have to beat it by more than three percentage points a year for a significant period. Two days a ago the Wall Street Journal profiled a manager who had beaten the market by about one and a half percentage points a year. That’s far better than average -- and his kids can be justifiably proud of their daddy -- but it’s not nearly enough to get me interested. I didn’t care what he had to say, and I barely even skimmed the article. He’s just not good enough.
The reason of the increase of ownership from only a number between 2% and 3% in 2004 to 63 in 2006 are investment of the best US-investors.
Greatest owner of Internet Capital is one of the best US-investors:
Owner Name Select a name below for more information. Date Shares Held
GENDELL JEFFREY L 6/30/2006 3,262,780
Gendell Jefferey hold between 8 and 9% of the outstanding shares of Internet Capital. And now read, what someone said about the investor: "The most important “screen” I use is this: Does a great investor already own the stock I’m thinking of buying? If not, I’ll pass. I don’t think I’m the smartest guy on Wall Street, so if no one else I respect thinks the stock is undervalued, then I won’t try to be a hero and go it alone. The great investors I follow include Warren Buffett, Marty Whitman of Third Avenue Value, Jeffrey Gendell of Tontine Partners and Larry Robbins of Glenview Capital, among many others.”
What I Need to See Before Buying a Stock
By Andrew Feinberg
January 09, 2006
The older I get, the more carefully I refine my stock selection process. This is one aspect of life in which you really can get better with age.
3:35 PM
Text zur Anzeige gekürzt. Gesamtes Posting anzeigen...
Quick performance note: I’m off to one of my best starts ever. I’ve beaten the market every day this year and am now up one and a quarter percentage points (125 basis points) on the S&P 500 as of this moment. So far so good.
A reader asked me to describe my research process and discuss how long it generally takes. I’ll give it a shot, with an emphasis on what I think I do differently from other investors.
The most important “screen” I use is this: Does a great investor already own the stock I’m thinking of buying? If not, I’ll pass. I don’t think I’m the smartest guy on Wall Street, so if no one else I respect thinks the stock is undervalued, then I won’t try to be a hero and go it alone. The great investors I follow include Warren Buffett, Marty Whitman of Third Avenue Value, Jeffrey Gendell of Tontine Partners and Larry Robbins of Glenview Capital, among many others. And I’m not just interested in people who beat the market. They have to beat it by more than three percentage points a year for a significant period. Two days a ago the Wall Street Journal profiled a manager who had beaten the market by about one and a half percentage points a year. That’s far better than average -- and his kids can be justifiably proud of their daddy -- but it’s not nearly enough to get me interested. I didn’t care what he had to say, and I barely even skimmed the article. He’s just not good enough.
