Alex Rasmussen
Alex Rasmussen
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I've Never Owned A Rolex, But Maybe It's Time To Invest In Taubman [View article]
General Motors: The Stars Are Aligned For A Double [View article]
An Interesting Trade In Tesla [View article]
Holding My Nose And Buying 'Government Motors' [View article]
http://bit.ly/10ccOQK
Holding My Nose And Buying 'Government Motors' [View article]
PEG at 0.47 and cash at almost 70% of market cap vs. Ford with PEG at 0.89 and cash at just over 45% of market cap. Both autos are good buys but GM has much bigger upside. Buyside agrees and this is a top 10 hedge fund holding. Einhorn spells out the value thesis better than anyone and he is arguably the king right now.
Full disclosure I'm long.
Apple Could Learn A Thing Or Two From Qualcomm [View article]
Bruce Berkowitz Expects To Make 4 Times His Money On His Core Holdings [View article]
I agree there seems to be a 'bandwagon' factor now, but that has only developed to a significant degree over the past month. For those of us that were long for much of 2012 (or even earlier), this was a textbook value investment.
Respectfully, Alex
The Not So Hidden Catalyst For General Motors [View article]
The Not So Hidden Catalyst For General Motors [View article]
Diversifying Your Portfolio: The $100,000 Growth Strategy [View article]
General Mills Is A Top Choice For Risk-Averse Investors [View article]
Peeling Apple: A Long-Term ROE Analysis [View article]
Bruce Berkowitz Expects To Make 4 Times His Money On His Core Holdings [View article]
In addition Bruce did an incredible amount of due-diligence on AIG. It was a financial time bomb and he only bought it once he knew it wouldn't detonate. As well, I like the security of knowing every relevant regulatory agency as well as the Treasury was looking at the books every which way from the day of the bailout till now. I disagree with Bruce that it is worth 1x book value in todays market but I modelled out $47 as an extremely conservative valuation late last year (based primarily on lower returns on equity than he is expecting as well as a higher cost of equity, important to note that NOLs drive a lot of the value as well).
Disclosure: AIG is my top holding
Back Of The Envelope: Astral Media And Corus Entertainment [View article]
Somehow There Must Be A REIT That Screams Wow [View article]