Corner of Berkshire & Fairfax Message Board

General Category => General Discussion => Topic started by: hellsten on May 06, 2014, 02:29:37 AM

Title: Spring 2014 Issue of Graham & Doddsville
Post by: hellsten on May 06, 2014, 02:29:37 AM
http://www.grahamanddoddsville.net/?p=1683

Quote
The students of Columbia Business School just released the Spring 2014 Issue of Graham & Doddsville.

The new issue features Arnold Van Den Berg and Jim Brilliant of Century Management, Philippe Jabre of Jabre Capital, Eric Rosenfeld of Crescendo Partners, and CBS Alum H. Kevin Byun of Denali Investors. This issue also covers the 17th Annual CSIMA Conference and includes ideas from the 2014 Pershing Square Challenge.
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: phil_Buffett on May 06, 2014, 03:04:44 AM
http://www.grahamanddoddsville.net/?p=1683

Quote
The students of Columbia Business School just released the Spring 2014 Issue of Graham & Doddsville.

The new issue features Arnold Van Den Berg and Jim Brilliant of Century Management, Philippe Jabre of Jabre Capital, Eric Rosenfeld of Crescendo Partners, and CBS Alum H. Kevin Byun of Denali Investors. This issue also covers the 17th Annual CSIMA Conference and includes ideas from the 2014 Pershing Square Challenge.

thanks hellsten  :)
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: mhdousa on May 07, 2014, 04:51:27 PM
Curious if anyone knows anything more about Kevin Byun of Denali Investors, who is interviewed in this issue.
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: bantrader on September 17, 2014, 06:34:53 AM
Im also curious to know more about "Denali Investors" or any other hedge fund focused in "Special Situations",

Thanks
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: randomep on September 17, 2014, 03:22:54 PM
Im also curious to know more about "Denali Investors" or any other hedge fund focused in "Special Situations",

Thanks

ya I just read the 3-4 pages on him and I can easily tell that he really has a different view of how to invest from most other managers.... I am going to read his investor letters which I think are online.....
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: fareastwarriors on September 17, 2014, 03:52:55 PM
http://www.grahamanddoddsville.net/wordpress/Files/SecurityAnalysis/Special%20Situations/kevin_byun_denali_investors_columbia_business_school_2009.pdf (http://www.grahamanddoddsville.net/wordpress/Files/SecurityAnalysis/Special%20Situations/kevin_byun_denali_investors_columbia_business_school_2009.pdf)
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: peter1234 on September 17, 2014, 11:44:03 PM
http://www.grahamanddoddsville.net/wordpress/Files/SecurityAnalysis/Special%20Situations/kevin_byun_denali_investors_columbia_business_school_2009.pdf (http://www.grahamanddoddsville.net/wordpress/Files/SecurityAnalysis/Special%20Situations/kevin_byun_denali_investors_columbia_business_school_2009.pdf)

Thanks!
 :)

There is some more info on his website
http://denaliinvestors.com/news/
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: randomep on September 18, 2014, 08:46:02 AM

Anyway know Denali's AUM?
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: peter1234 on September 18, 2014, 09:44:02 AM

Anyway know Denali's AUM?

Less than 100M since they do not seem to file?
 ???
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: bantrader on September 19, 2014, 01:01:36 AM
http://www.grahamanddoddsville.net/wordpress/Files/SecurityAnalysis/Special%20Situations/kevin_byun_denali_investors_columbia_business_school_2009.pdf (http://www.grahamanddoddsville.net/wordpress/Files/SecurityAnalysis/Special%20Situations/kevin_byun_denali_investors_columbia_business_school_2009.pdf)

Thanks!
 :)

There is some more info on his website
http://denaliinvestors.com/news/

Thanks so much :-)

I'm looking forward to their upcoming investor letters,

Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: Liberty on May 14, 2019, 09:05:21 AM
Spring 2019 issue:

https://www8.gsb.columbia.edu/valueinvesting/sites/valueinvesting/files/Graham%20%26%20Doddsville_Issue%2036_vF.pdf
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: dr.malone on May 14, 2019, 12:30:09 PM
Brolgaboy!!!!!!!!!!!!!!
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: abyli on May 14, 2019, 01:15:08 PM
Brolgaboy!!!!!!!!!!!!!!
:-) 16 years...
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: stahleyp on May 14, 2019, 02:00:16 PM
Brolgaboy!!!!!!!!!!!!!!
:-) 16 years...

What are you guys talking about?
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: Cardboard on May 15, 2019, 05:27:16 AM
You were in diapers back then. LOL!

Brolgaboy was Sanjeev's enemy on Stockhouse and partially why he created this site. Rumour is that it was John Hempton. Maybe it was proven, I don't know.

He was a poster shorting Fairfax in 2002-2003 and thought it was a zero. Kept arguing with many of us here and smartest counter-puncher by far was BSilly.

He did dig pretty deep into Fairfax even finding far flung subsidiaries that none (if few) of us knew about such as in Mauritius and other places. Like every good shorter, he was able to pull facts from the company, some obscure, then turn every one of them as negative. Interestingly, Fairfax had to disclose much more about all of these including the really large Swiss Re reinsurance contract and it made me reconsider my understanding of the company, honesty, etc.

Problem is that he missed the big picture or mainly how large Fairfax treasury gains turned out to be in that period and that pretty much saved the company. Then they issued a bunch of stock at a discount to "friends" such as Long Leaf over a few years to patch pretty large holes that came as under-reserving from Crum & Forster acquisition, TIG, etc.

The latter is what killed the long thesis. We were right on the initial rebound or that the company would not go bankrupt. However, the negative surprises that kept occuring year after year followed by dilution prevented any real gain until they made that huge profit with CDS in 2008-2009.

Cardboard
Title: Re: Spring 2014 Issue of Graham & Doddsville
Post by: stahleyp on May 15, 2019, 12:29:06 PM
You were in diapers back then. LOL!

Brolgaboy was Sanjeev's enemy on Stockhouse and partially why he created this site. Rumour is that it was John Hempton. Maybe it was proven, I don't know.

He was a poster shorting Fairfax in 2002-2003 and thought it was a zero. Kept arguing with many of us here and smartest counter-puncher by far was BSilly.

He did dig pretty deep into Fairfax even finding far flung subsidiaries that none (if few) of us knew about such as in Mauritius and other places. Like every good shorter, he was able to pull facts from the company, some obscure, then turn every one of them as negative. Interestingly, Fairfax had to disclose much more about all of these including the really large Swiss Re reinsurance contract and it made me reconsider my understanding of the company, honesty, etc.

Problem is that he missed the big picture or mainly how large Fairfax treasury gains turned out to be in that period and that pretty much saved the company. Then they issued a bunch of stock at a discount to "friends" such as Long Leaf over a few years to patch pretty large holes that came as under-reserving from Crum & Forster acquisition, TIG, etc.

The latter is what killed the long thesis. We were right on the initial rebound or that the company would not go bankrupt. However, the negative surprises that kept occuring year after year followed by dilution prevented any real gain until they made that huge profit with CDS in 2008-2009.

Cardboard
haha I was familiar with Hempton but didn't know about his username. Thanks man!