by Erik Kobayashi-Solomon | Nov 7, 2017 | Research
A few weeks ago, we published an article discussing our approach to discount rates. Since then, we’ve been distributing the piece to people in the hedge fund and academic world,…
by Erik Kobayashi-Solomon | Nov 6, 2017 | Research
Each month, we screen for attractive “bond replacement” investment candidates by looking up the reports of investments purchased by “Superinvestors” covered by the Dataroma site. Dataroma follows 64 managers that…
by Erik Kobayashi-Solomon | Nov 4, 2017 | Research
The principle underlying everything Framework does is that an investor must understand the process by which companies generate value to invest successfully over the long term. It has taken me…
by Erik Kobayashi-Solomon | Nov 2, 2017 | Research
It’s been a few weeks now, but long-time Framework member, Wilson M. wrote in asking about Disney DIS. I did a quick valuation of the company than, and it screened…
by Erik Kobayashi-Solomon | Oct 31, 2017 | Research
During our October 21st Office Hour session, we interviewed long-time Framework member and partner, Sheila Chesney, about her trip to attend the Fall 2017 Grant’s Investment Conference at the Plaza…
by Erik Kobayashi-Solomon | Oct 26, 2017 | Research
Union Pacific announced third quarter earnings this morning and again we find the company’s actual results tracking very closely to our worst-case operational forecasts. While the stock price is moving…
