Hottest Links: Buffett’s Bet, Bitcoin Bugle, And Herbalife Blast


Hottest links for Thursday, February 6th, the late edition. Get our free daily newsletter (which HAS BEEN RECENTLY UPDATED) and never miss a single linkfest. Also, now if you sign up you will get our new e-book on value investing.

Top stories for today are included below.  For your reading pleasure, we have a daily Bitcoin update, an update on Warren Buffett’s $1 million bet, and a new value proposition for US stocks.

Hottest Links: Stories

Value Investing

Kreisler Manufacturing – KRSL Valuation

Fastenal: Why Being Cheap Works As a Business Strategy

FastenalFastenal is one of the best-performing stocks of the past decade. Since the beginning of January 2010, shares in the industrial distribution company have yielded an average annual return of 16%, turning every $10,000 invested into $44,264. Q2 2020 hedge fund letters, conferences and more In many ways, Fastenal is not the sort of business Read More

Today’s idea is very simple. Kreisler Manufacturing Corporation (OTCMKTS:KRSL) is a profitable, cash generating manufacturer with an over-capitalized balance sheet. [OTC Adventures]

Why you’re not smarter than a college endowment manager

Maybe you’ve read David Swensen’s Unconventional Success, in which the veteran chief investment officer at Yale University skewers the mutual-fund industry and says individuals should stick with long-term index-fund investments. [Jonathan Burton, The Tell]

Getting your money back

Q:  I bought CMGI stock at $60 last spring with a target of $90 by year end.  Now I just want to get my money back.  What do you think? T.H., Carver, Minn. That question was posed in the October 15, 2000 Wall Street Journal Sunday supplement of my local paper. [Tom Brakke, Research Puzzle Pieces]

Hottest Links


North American Distressed Debt: Review and Prospect

The Dow rose 26.5% in 2013. Meanwhile, the Federal Reserve was refusing to taper, so credit was easy to get. Given such conditions, it wasn’t a good time to be a bear. [Christopher Faille,]

Hottest Links

Facebook To Decide Which News Sites Live, Which News Sites Die

The graph above tells maybe the most interesting—and definitely the most surprising—story of the past year of digital media. It shows two years of referrals from Facebook Inc (NASDAQ:FB) and Google Inc (NASDAQ:GOOG) to the Buzzfeed Partner Network, a collection of websites (including this one!) that share their traffic stats with Buzzfeed. [Climateer Investing]

Hottest Links

Will Coke Be the Second Coming of Green Mountain?

This is a  follow-up to my earlier piece on Coca-Cola’s stake in Green Mountain): Big discussion this morning on CNBC about whether a Keurig machine that dispenses soda is a game changer. [Herb Greenberg, Herb On TheStreet] Related; The Coca-Cola Company (NYSE:KO) and Green Mountain Coffee Roasters Inc. (NYSE:GMCR) announced a 10-year global strategic agreement that calls for the two companies to collaborate and introduce KO’s brand portfolio for use with GMCR’s Keurig Cold at-home beverage system (which is expected to launch in 2H15). [ValueWalk]

The New Value Proposition in U.S. Stocks

Investors are wondering whether the bull run in U.S. equities is over. With the economy gathering steam and interest rates likely to head higher, we think stocks are still the best game in town – and value stocks neglected in the recent rally look even better. [Joseph G. Paul, Institutional Investor]

The Bitcoin Bugle: February 5, 2014

Everyone includes ordinary Joes Down Under, or so hopes one Aussie motivational-speaker-cum-bitcoin-ATM-entrepreneur, who’s racing to get them to the people while those people are still up for waiting in line at a coffee shop to use a cash machine that dispenses nothing, and before Australian regulators can ruin all the fun. [Jon Shazar, DealBreaker]

Herbalife Ltd. (HLF) Top Distributor: New Pershing Report

Pershing Square Capital Management, L.P. today released two new papers on its website – one about the deceptive practice called ‘lead generation’ and the other a profile of top Herbalife Ltd. (NYSE:HLF)  distributor Doran Andry (reportedly #1 distributor in recent years), who has victimized thousands of failed recruits. These reports are part of Pershing Square’s ongoing series about the Herbalife pyramid scheme. [ValueWalk]

Buffett widens lead in $1 million hedge fund bet

Results are in for the sixth year of the competition sometimes called the $1 million bet, and Warren Buffett — once a piteous straggler in this 10-year wager on stock market performance — has opened up a sizable lead over his opponent, New York asset manager Protégé Partners. [Carol J. Loomis, CNNMoney]

Here’s the European Banker Bonus Cap, Cartoon-Style

The words ‘banks’, ‘pay’ and ‘transparency’ do not sit easily with one another. Never have. But now the whole affair of how to pay bankers in Europe has become complicated by the European Union’s new rules on capping bonuses at a certain multiple (1x in some cases, 2x in others) of salary. [Fareed Sahloul, MoneyBeat]

Hottest Links: Not The Onion

PETA wants monument honoring chickens killed in Gainesville truck wreck

The drivers of the chicken truck and the other vehicle involved were not seriously injured in the predawn crash on U.S. 129 near Gainesville, but “dozens” of the truck’s cargo were apparently not so fortunate, according to the local PETA member who filed the request for a “giant tombstone” to be erected in memory of the chickens. [Mike Morris, The Atlanta Journal-Constitution]