Author: Saj Karsan

Danier Leather (DL) is a vertically integrated designer, manufacturer and retailer of leather apparel and accessories. The company trades at a price to book value of about 0.75 and a P/E under 9 despite a healthy balance sheet....

About one year ago, a company by the name of Jewett Cameron was brought up on this site as a potential value investment. At that time, the stock traded around $7/share, but over the last few weeks it has approached $11/share,...

One and a half years ago, Orsus Xelent (ORS) was brought up on this site as a potential stock idea. Despite the numerous risks cited in that article, this author went ahead and invested good money in that company. The results...

Bassett Furniture (BSET) is a vertically integrated furniture company, as it imports, manufactures, wholesales and distributes a range of furniture. The company was profitable during the housing bubble, lost money for a while...

Martin Whitman founded Third Avenue Value Fund some twenty years ago. Over that time period, the fund has beaten the returns of the S&P 500 by several points annually. In The Aggressive Conservative Investor, Whitman...

Martin Whitman founded Third Avenue Value Fund some twenty years ago. Over that time period, the fund has beaten the returns of the S&P 500 by several points annually. In The Aggressive Conservative Investor, Whitman...

Martin Whitman founded Third Avenue Value Fund some twenty years ago. Over that time period, the fund has beaten the returns of the S&P 500 by several points annually. In The Aggressive Conservative Investor, Whitman...

In a previous post, we saw how humans appear to have an overconfidence bias, and how that can play havoc on financial forecast estimations. What is not immediately clear, however, is the increasing role overconfidence plays the...

Hart Stores (HIS) is a department store retailer with 92 locations under the “Hart” and “Bargain Giant” banners. The retailer has maintained profitability throughout the economic downturn, and yet it...

One of the most important determinants of whether a company makes for a good long-term investment is the industry within which it operates. We’ve discussed the boom and bust nature of the housing industry, the generous...