Stan Perlmeter And Rick Guerin Resource Pages Updated

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As promised recently we are updating/cleaning the investor resource pages on a regular basis. Last week we updated the pages for Jeffrey GundlachPrem WatsaTom GaynerWarren Buffett and Whitney Tilson.

And this week we’ve added resource pages for Rick Guerin and Stan Perlmeter, two Superinvestors of Graham and Doddsville.

We do not post all the investor updates on Twitter, Facebook etc. The best way to find new/updated etc profile pages,  without missing any ….is by signing up for our free daily newsletter!

Below is a partial excerpt from the two of the pages followed by link to each page, which can also be found under Value Investors > Buffett’s Superinvestors tab above.

Rick Guerin

Like many of the ‘Superinvestors’ Rick Guerin never went to business school. He majored in math at  USC after which he went to work for IBM as a salesman.

Soon after Warren Buffett convinced Charlie Munger to leave the law business, in favour of money management, Charlie Munger convinced Rick Guerin to do the same, leave IBM and start managing money.

Luckily, he was rather good at it.

Rick Guerin resource page.

Stan Perlmeter

Every time Stan Perlmeter brought a stock it was because he was getting more for his money than he was paying. In other words, he was buying $1 for less than $1 — the underlying principle of deep value investing.

Stan Perlmeter wasn’t concerned about quarterly earnings projections or even next year’s earnings projections. He didn’t care which Wall Street brokers had a buy recommendation on the stock or a sell recommendation. He wasn’t interested in price momentum, volume, or anything. He was simply asking: what is the business worth?

When the business was trading at a significant discount to what Stan Perlmeter thought it was worth, he would buy.

Stan Perlmeter resource page.

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