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

The Greek Organization of Football Prognostics (OPAP)

I while ago I posted a excerpt from Buffett in which he explains his idea of the prototype of a dream business (See´s Candy).  You can read it here.  The dream business has the following distinguising characteristics: See’s Candy has not a growth company as CAGR has only been about 2% but it has strong … Continue reading The Greek Organization of Football Prognostics (OPAP)