Sometimes the most obvious investment ideas still need a roaring shout-out. Ales_Utovko
Charter at a double discount
Liberty Broadband (NASDAQ:LBRDA) (NASDAQ:LBRDK) (OTCQB:LBRDB) used to trade at a relatively small discount to NAV for many
Liberty Broadband: How To Buy Charter At A 50%+ Discount
Summary
- Liberty Broadband's discount to NAV has grown to over 30%, while its main asset Charter also looks undervalued.
- Overall, the total discount to Liberty Broadband's underlying intrinsic value likely exceeds 50%.
- Potential near-term catalysts for closing the discount are limited, but patient long-term investors will very likely be rewarded.
Having always been a learning machine, I speak five languages, have worked as a sales agent, project manager, translator, computer consultant, software engineer, built a house with my own hands, published books and essays on literature, philosophy and art, have written for magazines of various kinds in different countries. After retiring early in 2004, little by little, I have become a fund manager for some friends and myself, following the principles of value investing laid out by Benjamin Graham, Phil Fisher, Charlie Munger and Warren Buffett. In my article “The Portfolio For Early Retirees” I presented a simple and practical way to structure an investment portfolio for early retirees. In 2015 I won the Seeking Alpha Contrarian Contest and was among the winners of several other competitions in later years. I have also been a regular contributor to Seeking Alpha Pro right from the start.I strive to gather above-average knowledge about my stock picks. As this takes many hours, despite managing my portfolio full-time, you should not expect me to throw out new ideas each and every week. My Investment Strategy Statement can be found here.Legal Disclaimer: My contributions to Seeking Alpha, or elsewhere on the web, are to be construed as personal opinion only and do NOT constitute investment advice. An investor should always conduct personal due diligence before initiating a position. Provided articles and comments should NEVER be construed as official business recommendations. In efforts to keep full transparency, related positions will be disclosed at the end of each article to the maximum extent practicable. I am not registered as an investment adviser, nor do I have any plans to pursue this path. No statements should be construed as anything but opinion, and the liability of all investment decisions reside with the individual. Although I do my utmost to procure high quality information, investors should always do their own due diligence and fact check all research prior to making any investment decisions. Any direct engagements with readers should always be viewed as hypothetical examples or simple exchanges of opinion as nothing is ever classified as “advice” in any sense of the word.
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