Investment Journal

Sniffing out Special Situations: Bad Dog…..

We have a dog.  He sniffs a lot.  I don’t know what he is looking for.  He knows where his food is, why does he spend so much time sniffing?  Sometimes I feel like my dog, sniffing a lot when it is pretty obvious where the food is (great businesses at good prices in...

The Most Important Thing (In Retail Apparel)

Matt and I have talked about ways to improve this site and try to add more value for members. One of the things we’ve always talked about internally is publishing more “investment journal” type posts. While we have a category called investment journal, we haven’t...

7 Habits of Highly….Snooze…..

It’s early morning and your head is killing you.  No caffeine….it’s a painful reminder of your addiction.  You should stop, but you probably won’t.   At least once a week, I will head to the grocery store around 11 p.m. because my wife wants chocolate, that’s demand...

Henry Schein: Good, but not Great

Henry Schein: Henry Schein is a good business at an average price.  It is a good business, not a great one.  However, it is a business I understand and with which I feel comfortable, so I find myself sticking around.   First, what does Henry Schein (“HSIC”) do.   1996...