Note: This page is undergoing construction, but when it is done will be the BEST resource page on Tom Russo on the internet. The resource page will consist of interviews with Russo, articles, presentations and most importantly shareholder letters. I am privy to some shareholder letters which I cannot post, but contain a dearth of information on Tom Russo. His 2005 shareholder letter contains 50 pages of indepth discussion of his entire investment philsophy. I have more recent shareholder letters, but as will be evident from this page Russo’s investments rarely change. Tom Russo is one of the most unique investors I have ever encountered in that regard.
Below are Russo’s top holdings from http://www.gurufocus.com, and holdings by industry from http://www.dataroma.com. You can view Russo’s recent trades which are released every quarter from the 13-F here-http://www.gurufocus.com/holdings.php?GuruName=Tom+Russo&sort=position; however the holdings change very infrequently. One holding which will not show up is Cadbury, which Russo owned for many years, and bought more shares as the market tanked in 09. Cadbury was taken over by Kraft at a very high premium in 2010, and Russo is not a fan of Kraft (as explained below) so he sold out of the position.
Tom Russo bought Nestle in 1987, Berkshire Hathaway in 1982, Heinkein in 1989.
Sector % analysis
Articles & Commentaries
It will hopefully be finished within several weeks, in the meantime check out some interesting resources below:
http://www.gurufocus.com/news/110526/conversations-with-tom-russo-buys-lamar-advertising-nextera-energy-berkshire-hathaway-wells-fargoConversations with Tom Russo; Buys Lamar Advertising, Nextera
Three part panel discussion with Tom Russo, Bruce Greenwald, Bob Olstein and David Winters