Seth Klarman Harvard Interview
January 18th, 2010Seth Klarman is one of the greatest investors ever, in my humble opinion. Check out his interview with Harvard Business School:
Seth Klarman Harvard interview
Seth Klarman is one of the greatest investors ever, in my humble opinion. Check out his interview with Harvard Business School:
Seth Klarman Harvard interview
January 18th, 2010 at 4:50 am
The one Klarman investment I piggybacked on, an Israeli company that used laser beams or something to melt cellulite, I lost money on. He lost money on it too.
OT, but do you still think DSNY is going to earn 5 cents this FY? I still don’t see it. I figure that will require it to earn almost 4 cents in the second half, as I expect it to earn .5 cents or less in its Q2.
January 18th, 2010 at 10:21 pm
Do note that DSNY gets paid with guaranteed minimums from the labels and there was no international last year so there shouldn’t be the drop-off there has been in the past in this current quarter.
Also, due to the CAD being so strong, which is bad for DSNY, and some professional fees, I think it is more conservative to expect 4 cents for the year ended August 31st. With potential from Clipstream and growth in the core business, next year could see north of 6 cents.
Do your own work, but the stock still feels really cheap to me.
January 19th, 2010 at 1:56 am
I was doing my own work when I added more at .305 and when I sold at .45. I still like the story, but I’m not confident in the valuation here. Keeping an eye on it though.
And re Clipstream, it may indeed be a better mousetrap, but I’ve seen no evidence that DSNY knows how to get traction with it.