Weekend Reading At VIN

Weekly roundup of stocks moving in and out of the Magic Formula screen.

This article covers Prem Watsa, Tim McElvaine, Michael Burry, and Ian Cumming as the potential next Buffett’s. Hat tip: Controlled Greed.com

Look at how this value investor made a 33% return in just 49 days for a simple workout. The Jaclyn going private transaction provides a great example of an almost perfect reverse split going private transaction.

After finding an the Moneysense article The Next Buffetts though Controlled Greed, I reflected on the superinvestor that is Tim McElvaine.

Kimberly Clark Corp is a dividend aristocrat as well as a component in S&P 500 index. It has been increasing its dividends for the past 36 consecutive years. KMB has delivered an average total return of 6.60 % annually to its loyal shareholders. over the past 10 years

Over the past several weeks the company has traded below 68 on a couple of occasions. I am considering buying some PEP this week, as long as the price is below $68.

The best mutual fund manager around – a.k.a. Ken Heebner of Capital Growth Management – looks restless. He is sitting in a conference room at Goldman Sachs’s Boston office, listening to a young analyst pontificate about all the trends he thinks will sweep the markets in coming years. Oil demand outpacing supply. The rapid growth of agriculture. The increased sway of sovereign wealth funds.

Normally, anything filed late on a Friday means that a company is trying to bury something pretty juicy. That’s doubly true when that late Friday filing happens before a holiday weekend when the markets are closed. So you can imagine my surprise to see this 8K filed by Chipotle (CMG) at 5:27 pm on Friday afternoon.

Among the topics covered: his continuing effort to get the word to large family-owned businesses that he may be interested in buying if the family needs to sell, the U.S. economy and ‘financial weapons of mass destruction.’

Notes from May conference call at First Eagle