"All intelligent investing is value investing - acquiring more than you are paying for. You must value the business in order to value the stock." - Charles T. Munger. Subscribing to a diverse set of philosophies originating from Benjamin Graham and Philip Fisher to modernized concepts of Behavioral Finance, Value/Special Situations Investing and Active Selective Contrarian Index/Portfolio Investing.
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Brief Update to Ryman Hospitality... So Far So Good
Despite what opinions I held about how Ryman's corporate restructuring was conducted, either way for shareholders so far we find their actions as gifts that keep on giving. As Joel Greenblatt put it in his book, The Big Secret for the Small Investor: A New Route to Long-Term Investment Success
3 Gifts Management Left for Ryman Hospitality Shareholders
Luckily, the true value of a life cannot be summed up by a single bad week or even a series of bad months but by the total of everything we do and accomplish over a period of many years.
- Greenblatt, p. 19More on what I see with Ryman (RHP)
3 Gifts Management Left for Ryman Hospitality Shareholders
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