From the 2011Q4 letter to shareholders of the Southeastern Asset Management´s Longleaf Funds: Madison Square Garden: Based in New York, Madison Square Garden (MSG) owns one of the most valuable regional sports networks at a time when live sports content is increasingly important to traditional distributors. In addition, the company owns two of the best … Continue reading Nugget: O. Mason Hawkins on Madison Square Garden
Tag: Madison Square Garden
Nugget: Madison Square Garden Valuation
From Brian Griffin´s article "Madison Square Garden Seems Significantly Undervalued" : Valuation: I will keep it relatively simple as I've always felt that the more numbers you need, the less likely it is that you have a real winner. You can add up the low end of my estimates and come up with 800 + … Continue reading Nugget: Madison Square Garden Valuation
Nugget: Third Avenue takes on a position in Madison Square Garden common
To my surprise, Curtis R. Jensen, Chief Investment Officer of the Third Avenue Small-Cap Value Fund, revealed in his letter to shareholders from April 30th. 2011, that the fund had added Madison Square Garden common shares to its portfolio. Third Avenue operates value oriented mutual funds, based on the principles of Ben Graham. Its founder, … Continue reading Nugget: Third Avenue takes on a position in Madison Square Garden common