Here are couple more of my favorite sites. Both of these are littered with the wisdom of Buffet. It is my belief that you cannot read enough Buffet because it is necessary to reinforce the tenants of value investing and calm yourself during turbulent times like the past two weeks. If you are a regular ValuePlays reader I would suggest checking out these sites as the sentiment I express is echoed here.
Fat Pitch Financials is a value investing and personal finance blog.
George seeks to invest with a wide margin of safety in companies that have wide moats (i.e., sustainable competitive advantages). This is very similar to Warren Buffett’s style of investing. We both try to wait for so called “fat pitches”.
While he waits for these fat pitches, he also researches arbitrage and special situation opportunities that provide individual investors an edge in short term opportunities. These include going private transactions, odd-lot tender offers, spin-offs, split-offs, and other opportunities. The inspiration for this type of trading was Joel Greenblatt, as well as Warren Buffett.
The current going private transactions table that he maintains is what originally attracted many of Fat Pitch Financials’ readers. That content, along with most of my other special situation tracking, is now in the premium section of Fat Pitch Financials called Contributor’s Corner.
He tracks two portfolios at Fat Pitch Financials so my readers can know how he’s doing. The first portfolio is the Fat Pitch Financials Port that is a virtual portfolio tracked at Marketocracy. This portfolio focuses on “Fat Pitch” discoveries.
The second portfolio, the Special Situations Real Money Portfolio, is a Coverdell Education Savings Account he started for his son at about the time Fat Pitch Financials started in 2004. This portfolio is very small and focuses on going private transactions and other special situation opportunities. It is based on the research provided in Fat Pitch Financials Contributor’s Corner.
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