Tag: turnarounds

March 7, 2016 Value Investing Post a Comment

Turnaround Stock Stories – Turn Back Time – Marvel Enterprises $MVL

Marvel Logo

I thought that I would look back at some of my past investments, before I started my blog and before I began to journal the investment thesis for purchases I make, and document some of my reasons for the purchase, and the outcome.  Of course I’m working on an outcome bias here, but I think it’s worth writing out some history lessons that I should keep in mind as I look for future businesses to invest in the future.  The first look back will be one of the best investment returns I have made by investing in Marvel Enterprises...

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January 6, 2015 Value Investing Post a Comment

Company Turnarounds are Hard

Our conclusion is that, with few exceptions, when a management with a reputation for brilliance tackles a business with a reputation for poor fundamental economics, it is the reputation of the business that remains intact – Warren Buffett   Turnarounds seldom turn. – Warren Buffett I’ll admit that I am interested in finding companies that are in a turnaround.  I feel that if I can locate a company that will be successful, it will result in a high return on my investment.  However, if you are experienced in the markets, or have worked for a company that is in...

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