|
Nick Sleep |
Union Cement |
PSE:UCC |
1997-1997 |
Phillipines Cement |
Distressed/Replacement Cost |
Asian crisis shopping, 1/4 replacement cost |
500% |
500% |
Nomad Letters |
|
Nick Sleep |
International Speedway |
NASDAQ:ISCA |
2002-? |
NASCAR Tracks |
Pickaxe & Shovel |
Beneficiary of NASCAR boom |
25% |
10% |
Nomad Letters |
|
Nick Sleep |
Matichon |
BKK:MATI |
2002-? |
Thailand Newspaper |
Value/Asset Light Brand |
4x FCF |
100% |
15% |
Nomad Letters |
|
Nick Sleep |
Xerox |
NASDAQ:XRX |
2002-2005 |
Printer |
Stalwart/Despised/Accounting |
Myopic business but accounting underestimates earning |
75% |
15% |
Nomad Letters |
|
Nick Sleep |
Monsanto |
NYSE:MON |
2002-2002 |
Agriculture |
Legal |
Sold due to uncertainty around legal |
-% |
-% |
Nomad Letters |
|
Nick Sleep |
Conseco |
- |
2002-2002 |
Mortgages |
Deep Value |
Went bankrupt, underestimated loan book severity |
-100% |
-100% |
Nomad Letters |
| * |
Nick Sleep |
Stagecoach |
LSE:SGC |
2002-2003 |
UK Public Transportation (Bus) |
Turn Around/Debt Buyback |
Founder returns, divest non-core, cheap debt buyback |
700% |
700% |
Nomad Letters |
| * |
Nick Sleep |
Costco |
NASDAQ:COST |
2002-Present |
Discount Retailer |
Low Cost/Wonderful Management |
Wonderful business, cheap based on store/population density |
2,000% |
15% |
Nomad Letters |
|
Nick Sleep |
Lucent Preferred 8% |
- |
2002-2004 |
Telecommunications |
Special Situation/Despised |
Forced preferred shares buyback |
300% |
75% |
Nomad Letters |
|
Nick Sleep |
Weetabix |
OFEX:? |
2003-2003 |
UK Cereal |
Value |
Highly illiquid OTC but very strong business |
260% |
260% |
Nomad Letters |
| * |
Nick Sleep |
Amazon |
NASDAQ:AMZN |
2004-Present |
Online Retailer |
Low Cost/Wonderful Management |
Underestimated FCF, wonderful management |
8,000% |
25% |
Nomad Letters |
|
Nick Sleep |
Zimcem (& Others) |
- |
2005-2013 |
Zimbabwe Cement |
Distressed/Replacement Cost |
War-torn country but trading 1/70th replacement cost |
300-800% |
13-26% |
Nomad Letters |
|
Nick Sleep |
Games Workshop |
LON:GAW |
2006- |
Board Game/Figurines |
Strong Brand |
Not well discussed publicly |
-% |
-% |
Nomad Letters |
|
Nick Sleep |
AirAsia |
KLSE:CAPITALA |
2008- |
Asian Airline |
Low Cost |
Not well discussed publicly |
-% |
-% |
Nomad Letters |
|
Nick Sleep |
MBIA |
NYSE:MBI |
2008- |
Insurance |
- |
Not well discussed publicly |
-% |
-% |
Nomad Letters |
|
Nick Sleep |
ASOS |
LON:ASC |
2010- |
Online Retailer |
Growth |
Not well discussed publicly |
-% |
-% |
Nomad Letters |
|
Peter Lynch |
Maine Sugar |
OTC:MSUG |
1967-1969 |
Sugar Beet Refinery Plant |
Whisper Stock |
Whisper Stock |
-100% |
-100% |
One Up on WS |
|
Peter Lynch |
L'eggs/Hanes |
NYSE:HBI |
1969-1979 |
Clothing Manufacturer |
Growth |
Biggest Product of 70s |
600% |
18% |
One Up on WS |
| * |
Peter Lynch |
Service Corporation International |
NYSE:SCI |
1969-1987 |
Funeral |
Roll-Up |
Rollup mom and pops in a boring industry |
14,400% |
30% |
One Up on WS |
|
Peter Lynch |
Kaiser Industries |
- |
1971-1977 |
Conglomerate |
Sum of Parts |
$10 for $40 breakup value, dropped to $4 |
130% |
13% |
One Up on WS |
|
Peter Lynch |
Polaroid |
NSYE:PRD |
1973-1974 |
Camera |
Blue Chip |
Overpriced blue chip |
-89% |
-77% |
One Up on WS |
|
Peter Lynch |
Warner Communication |
NYSE:WCI |
1977-1977 |
Media |
Wonderful/Cultural |
Mistake of selling b/c of technical reason, not fundamental |
46% |
46% |
One Up on WS |
| * |
Peter Lynch |
Fannie Mae |
NYSE:FNM |
1977-1993 |
Mortgages & MBS |
Cyclical/Growth/Low Cost |
Cyclical play + low cost operator + growing a wonderful business |
1,570% |
17% |
Beating the Street |
| * |
Peter Lynch |
Toys R Us |
NASDAQ:TOYS |
1978-1985 |
Discount Toy Retailer |
Low Cost Operator/Wonderful |
Short-term market action underestimated strong fundamentals |
5,700% |
65% |
One Up on WS |
| * |
Peter Lynch |
La Quinta Motor Inns |
NYSE:LQ |
1978-1987 |
Hotel |
Growth/Niche |
Underpriced growth stock because of insider selling, early in growth |
1,100% |
27% |
One Up on WS |
|
Peter Lynch |
The Limited |
NYSE:LTD |
1979-1987 |
Clothing Retailer |
Growth/Cutting-Edge Fashion |
Ignoring what's in front of you |
10,500% |
80% |
One Up on WS |
| * |
Peter Lynch |
Chrysler |
NYSE:C |
1982-1987 |
Car |
Cyclical/Turn Around |
A low cost producer in a cyclical environment, turning it around |
1,500% |
75% |
One Up on WS |
| * |
Peter Lynch |
Blockbuster |
NYSE:BBI |
1984-1992 |
Video Rentals |
Growth |
A legendary story |
15,000% |
85% |
Beating the Street |
| * |
Peter Lynch |
Bildner and Sons |
- |
1986-1988 |
Premium Sandwiches |
Growth |
Great business, poor execution |
-95% |
-60% |
One Up on WS |
|
Peter Lynch |
CML Group (NordicTrack) |
NYSE:CML |
1990-1992 |
Exercise Machines |
Growth |
Do your homework! |
1,000% |
315% |
Beating the Street |
|
Peter Lynch |
Pier 1 Imports/Sunbelt Nursery |
NYSE:PIR |
1991-1993 |
Furniture |
Growth |
10x PE with growth |
300% |
12% |
Beating the Street |
| * |
Peter Lynch |
Saving & Loan Banks |
- |
1991-1996 |
S&L Banks |
Special Situation/Low Cost Operator |
Special situation and great operators |
44% |
20% |
Beating the Street |
|
Peter Lynch |
General Host |
NYSE:GH |
1991-1993 |
Garden Nursery |
Relative Value |
Discount retailing doesn't work everywhere |
0% |
0% |
Beating the Street |
| * |
Peter Lynch |
Sun Distributors |
NYSE:SDP.B |
1991-1993 |
Autoparts and Glass |
Special Situation |
MLP + strange capital structure, incentive to realize breakup value |
120% |
30% |
Beating the Street |
| * |
Peter Lynch |
Body Shop |
LSE:BOSU |
1992-1993 |
Natural Skincare/Cosmetics |
Growth |
A great industry, business, expensive price |
-57% |
-57% |
Beating the Street |
|
Peter Lynch |
GM |
NYSE:GM |
1992-1993 |
Car |
Cyclical |
A cyclical play with myopic management, but strong business |
87% |
37% |
Beating the Street |
|
Peter Lynch |
Supercuts |
NASDAQ:CUTS |
1992-1995 |
Discount Haircuts |
Growth |
Cheap but bad haircuts, poor execution |
0% |
0% |
Beating the Street |
| * |
Li Lu |
Lukoil |
MCX:LKOH |
1993-1998 |
Russian Oil |
Special Situation |
Buying proven oil reserve at $0.10/barrel, despite Financial Crisis |
1,000% |
60% |
SF State 2012 |
| * |
Li Lu |
Timberland |
NYSE:TBL |
1998-2000 |
Shoes |
Wonderful Brand/Legal/Cultural |
5x PE, growth, high integrity but uncommunicative management |
700% |
265% |
Columbia 2006 |
| * |
Li Lu |
BYD (Build Your Dreams) |
SHE:002594 |
2002-Present |
Chinese Batteries and EVs |
Wonderful |
Undiscussed publicly |
5,000% |
20% |
- |
| * |
Li Lu |
Hyundai Department Stores |
NASDAQ:ISCA |
2004-2007 |
Korean Conglomerate |
Sum of Parts |
Trading for under cash, 2x PE, ridiculous amount of hidden assets |
500% |
50% |
Columbia 2006 |
| * |
Li Lu |
Megastudy |
KOSDAQ:072870 |
2004-2008 |
Korean Online Tutoring |
Contrarian |
8x PE, industry leader in an important pubescent industry, |
600% |
60% |
Columbia 2012 |
| * |
Li Lu |
Amorepacific |
KRX:090430 |
2012-2016 |
Korean Cosmetics & Skincare |
Special Situation |
Preferred shares trading like bonds, but were basically equities |
1,000% |
60% |
Columbia 2012 |
|
Li Lu |
Kweichow Moutai |
SHA:600519 |
2000- |
Alcohol |
Wonderful Brand/Contrarian/Cultural |
Undiscussed publicly |
-% |
-% |
- |
| * |
Michael Burry |
Senior Housing Properties |
NYSE:SNH |
2000-2001 |
Senior Housing REIT |
Legal |
Gained value through bankruptcy proceeding of leasee |
30% |
30% |
2000 MSN Money |
| * |
Michael Burry |
Paccar |
NASDAQ:PCAR |
2000-2005 |
Heavy Trucks |
Accounting/Cyclical |
Buying a strong company in a down cycle, misconception about debt |
360% |
30% |
2000 MSN Money |
| * |
Michael Burry |
Caterpillar |
NYSE:CAT |
2000-2003 |
Engineering Equipment |
Accounting/Cyclical |
Buying a strong company in a down cycle, misconception about debt |
175% |
25% |
2000 MSN Money |
|
Michael Burry |
Healtheon/WebMD |
NASDAQ:HLTH |
2000-2005 |
Healthcare Software |
Growth |
Best in industry product, 4.5 years of cash to burn |
108% |
15% |
2000 MSN Money |
| * |
Michael Burry |
Clayton Homes |
NYSE:CMH |
2000-2005 |
Manufactured Homes |
Cyclical/Best-of-Breed |
Great Management in a cyclical downtown |
350% |
30% |
2000 MSN Money |
|
Michael Burry |
Carnival Corp |
NYSE:CCL |
2000-2005 |
Cruise Line |
Cyclical/Best-of-Breed |
Best-of-breed in a cylical downturn, maturing business |
200% |
15% |
2000 MSN Money |
|
Michael Burry |
Huttig Building Products |
NYSE:HBP |
2000-2005 |
Distributor (Doors, Windows, Trim) |
Cyclical |
160 years of profitability in a cyclical industry, 5x FCF |
100% |
15% |
2000 MSN Money |
| * |
Michael Burry |
Axent Technologies/Symantec |
NASDAQ:AXNT |
2000-2006 |
Movies |
Best-of-Breed |
High quality, unattractive temporarily due to dry quarters |
400% |
25% |
2000 MSN Money |
| * |
Michael Burry |
Pixar Animation Studios |
NASDAQ:PIXR |
2000-2006 |
Movies |
Wonderful |
High quality, unattractive temporarily due to dry quarters |
400% |
25% |
2000 MSN Money |
|
Michael Burry |
Deswell Industries |
NASDAQ:HLTH |
2000-2003 |
Hong Kong Plastics, Electronics |
Foreign |
Foreign trading on NASDAQ, but 4x EV/Earnings w/ growth |
120% |
30% |
2000 MSN Money |
|
Michael Burry |
DiamondCluster International |
NASDAQ:HLTH |
1991-1993 |
Autoparts and Glass |
Special Situation |
MLP + strange capital structure, incentive to realize breakup value |
120% |
30% |
2000 MSN Money |
|
Michael Burry |
Spherion/Michael Page |
NASDAQ:HLTH |
1991-1993 |
Autoparts and Glass |
Special Situation |
MLP + strange capital structure, incentive to realize breakup value |
120% |
30% |
2000 MSN Money |
|
Michael Burry |
Adobe(short) |
NASDAQ:HLTH |
1991-1993 |
Autoparts and Glass |
Special Situation |
MLP + strange capital structure, incentive to realize breakup value |
120% |
30% |
2000 MSN Money |
|
Michael Burry |
Cisco |
NASDAQ:HLTH |
1991-1993 |
Autoparts and Glass |
Special Situation |
MLP + strange capital structure, incentive to realize breakup value |
120% |
30% |
2000 MSN Money |
|
Michael Burry |
Intel |
NASDAQ:HLTH |
1991-1993 |
Autoparts and Glass |
Special Situation |
MLP + strange capital structure, incentive to realize breakup value |
120% |
30% |
2000 MSN Money |