Kudos to Jae Jun of http://oldschoolvalue.com for finding this. This is an excellent slide show where Bruce Greenwald describes one of his valuation techniques which he wrote about in his great book Value Investing: From Graham to Buffett and Beyond.
This scribd document appears hard to read online, but it really is not. Click on full screen and it is easy to read. The whole document is about 43 pages. There is a lot of valuable information about calculating intrinsic value in the document. Any intermediate or experienced investor I think will appreciate the notes. I know I appreciated it.
Maverick USA was down 3.3% for the second quarter, while Maverick Levered was down 2.1%. Maverick Long Enhanced was up 8%. Year to date, Maverick USA is up 31.8%, while Maverick Levered has gained 49.3%. Maverick Long Enhanced has returned 9.9% for the first six months of the year. Maverick Capital is a long/ short Read More