Author: Saj Karsan

Twin Disc (TWIN) is a company we discussed a few months ago as an example of a value investment where patient investors were rewarded: in the last 2.5 months, the shares are up by about 2.5 times! As a result of its recent price...

The other day, we re-iterated the importance of the price to book metric by discussing the study undertaken by Bauman, Conover, and Miller that demonstrated superior returns of stocks in the lowest Price to Book quartile. In the...

Mohnish Pabrai is an Indian-American businessman and investor. For a number of years, he turned heads with the performance of Pabrai Investment Funds since its inception in 1999. Pabrai has high regards for Warren Buffett and...

We’ve made it no secret on this site that we believe small-cap companies are the most inefficiently priced, thus offering the potential for greater returns for investors who can recognize companies trading at discounts to...

Mohnish Pabrai is an Indian-American businessman and investor. For a number of years, he turned heads with the performance of Pabrai Investment Funds since its inception in 1999. Pabrai has high regards for Warren Buffett and...

Wuhan General (WUHN) manufactures industrial blowers, turbines and other industrial machinery. While the company trades for just over $50 million, it has a tangible book value north of $80 million and has earned a combined...

We often get asked if we see value in some banks at these price levels. Some value investors purport to be able to value banks. Some may actually be able to, while others may only think they are able to. For the average retail...

There are many reasons why a particular stock’s price might differ from its value, not the least of which is a motivated seller. A motivated seller will drop the price of any asset (e.g. real-estate, vehicles etc.) and...

The following is a guest post by Manish Chauhan. Please not that the opinions expressed in this article do not necessarily correspond with those of Barel Karsan.Manish is the blogger behind Jagoinvestor, a site dedicated to...

Too many investors blindly incorporate earnings per share (EPS) as a primary component of their valuations. EPS gets multiplied by a P/E multiple, or it is used as a base for growth rate multipliers to be discounted back to...