Sentences with phrase «cigar butt with»

You find on the street this terrible looking soggy cigar butt with one puff left in it, disgusting but it's free, it's cheap.

And the companies you choose don't have to be cigar butts with declining businesses — you can use return on incremental capital and return on invested capital to identify well - managed companies that are growing in a smart way.

Not exact matches

He was attempting to duplicate the típico («cigar - butt») variety but the result was much more like the morita, with their bright red - brown leathery appearance.

For those of us with much smaller sums of capital, «cigar butts» might be the way to go (with the occasional compounder when they are available at good prices).

I'm a long time cigar butt investor with a five year hiatus investing Buffett style.

Buying those cheap, cigar - butt stocks was a snare and a delusion, and it would never work with the kinds of sums of money we have.

There are several other patterns that play out in classic Graham - and - Dodd style cigar butts but the above list pertains only to patterns that I could identify with in better quality businesses misunderstood by markets.

By the time he linked up with Ben Graham, there were still a lot of «cigar butts» to pick up and puff.

They are all Graham cigar butts (companies with broken business models, and yet some residual balance sheet value), but not all Graham cigar butts are for Greenbackd.

What Leon Cooperman is referring to here is that Warren Buffett, with the help of Charlie Munger, was able to evolve his value investing style when Ben Graham style cigar butts companies trading at less than liquidation value disappeared after the Great Depression.

He essentially rejected deep value investing with its strictly quantitative metrics and its cigar butt investment philosophy.

But even the cigar butts were run by good managers with shareholders in mind.

He also owned other quality insurers at very cheap prices, along with many special situations and cigar butts.

Other Graham - style value investors wish Munger and Buffett the best of luck with looking at quality as a factor in their decision - making and are comfortable with their own «cigar butt» approach.

If someone who starts as an investor reads the book, he or she will appreciate that there are many ways to do it, many ways to cook, and he or she will probably be able to, based on his or her temperament, identify and find some affinity with one of those investment styles, whether it's George Soros or Paul Tudor Jones or Ben Graham with the cigar butts, or Philip Fisher.

We have gotten together for the last three weeks to discuss the practice of investing, primarily in the Buffett / Munger framework with an emphasis on Moats more so than the Graham / Dodd cigar butts.

Namely, Warren was always on the lookout for cigar butts; those discarded, disgusting and unloved stocks with no identifiable basis for future operations — however, they had one last puff left in them.