Todd Sullivan's - ValuePlays

Subscribe to this blog

Taking a Very Close Look at Saks

23 Jun 9:15am
Posted by ToddSullivan
0 Comments
Read original blog entry
Been looking around for more opportunities and this one caught my eye...The Basics:Saks, Inc. (SKS) is a leading retailer primarily offering high-end brand-name fashion apparel, shoes, accessories, and cosmetics. The company operates 53 Saks Fifth Avenue stores and 51 Off 5th units (off-price luxury goods). Discontinued Club Libby Lu, 11/08. Sold its department stores in 2004-2006. Saks Fifth Avenue stores carry merchandise from leading fashion houses. Key brands include Armani, Chanel, Gucci,...
Read the rest of this story

AutoNation v Carmax

23 Jun 7:55am
Posted by ToddSullivan
0 Comments
Read original blog entry
Here is a look at both AutoNation (AN) and CarMax (KMX)My thoughts are this:CarMax will hold up well during times of crisis,but, when that crisis ebbs (they always eventually do) AutoNation will outperform. Of the two, the current GM, Chrysler dealership shedding has far more benefited AutoNation in terms of its market share.I also am not sold on the "used car" model longer term. Again, in times of stress it will, while not prospering, hold its own so to speak. I much prefer the diversity of o...
Read the rest of this story

Marty Whitman Q2 Letter

23 Jun 6:58am
Posted by ToddSullivan
0 Comments
Read original blog entry
Interesting things here is that 40% of the Third Avenue Value Fund (TAVFX) is now investing in Hong KongMarty Whitman Q2 Shareholder Letter Disclosure ("none" means no position): Enter your Email Preview | Powered by FeedBlitz
Read the rest of this story

Tuesday's Links

23 Jun 1:05am
Posted by ToddSullivan
0 Comments
Read original blog entry
Indeflation, Welfare, Oil v Gas, Roubini - Chris nails it. We are in a period of commodity inflation due to scarcity and incessant money printing and deflationary asset prices. For those wondering, this is not good - Are we surprised? Nothing out of Washington in terms of aid is actually tied to working or responsibility - 6 reasons gas in a better investment than oil. I agree with all six. - Disclosure ("none" means no position): Enter your Email Preview | Powered by Feed...
Read the rest of this story

Previous Entries

About

ToddSullivan

A Massachusetts based value investor, I look for companies whose current valuation is at a discount to their true value. When I purchase a stock, my typical holding period is several years. I consider buying a stock purchasing a piece of a business. I am confident once I make a decision to buy that eventually the market as a whole will recognize the true value of the business and value it accordingly. It may take 1 month, 6 months or a year, but if I buy it at enough of a discount to its true value my results will be (and have been) superior to the market as a whole. Of all the disparate investing disciplines, value investing has stood the test of time. The great investors of have all been value investors. Warren Buffett, Ben Graham, Bill Ruane (Sequoia Fund), Bill Miller and Wally Weitz, all have consistently outperformed the market for decades by using various forms of value investing. Currently I am a contributing writer to Seeking Alpha, Vinvesting.com, The Stock Masters and Value Investing News. Posts have been reprinted in The Wall St. Journal, Yahoo Finance, Google Alerts, Google Finance, TheStreet.com. 24/7 Wall St. and Topix.net.

Recent Entries