Friday, November 17, 2017
Monday, November 13, 2017
Given my obsession with Charter (disclosure: long) and the different Liberty trackers, it would be investing malpractice for me to skip the Liberty IR day this week, so I'll be heading there for the full day Thursday. If you're a fellow Liberty groupie and are planning on going / would like to meet up, shoot me a note / tweet and we can figure something out!
Posted by Yet Another Value Blogger at 11:25 AM
Tuesday, November 7, 2017
My last post on New York REIT (NYRT; disclosure: long / bagholder) was quickly followed by two announcements the company had sold 3 buildings in total (1440 Broadway and 229 W 36th / 256 W 38th). I’ve gotten a ton of questions on the sales, so I figured I’d post something quickly discussing the sales.
Monday, November 6, 2017
I've written several times about what a mammoth bagholder I am in AMC Entertainment (AMC; disclosure: sadly long). Sure, the box office has been awful this year, but much of the company’s problems have been self-inflicted. They did three mammoth acquisitions within a year, their big U.S. acquisition (Carmike) has been a disaster, and with hindsight the multiples paid for the European businesses have gone from aggressive to downright laughable. The company just had to massively revise guidance down for the full year, and this downward revision came on the heels of radioactive Q2, which featured earnings (or, more accurately, losses) and full year guidance that analysts called "shocking" and "dramatic". Shares are down >60% YTD and probably headed lower tomorrow.
Wednesday, November 1, 2017
Some recent articles, podcasts, and other things that got me thinking: