You can often spot valuable opportunities when you find
solid assets selling for low prices.
Not exact matches
Tweaking our process gave us an expanded opportunity set among value names, including Allegheny Technologies Inc. (ATI).7 ATI is a specialty metals company
selling for what we considered a significantly discounted P / B multiple, with a
solid base of
assets and good prospects that would have been crowded out of our screen.
What's interesting about this comment, is Klarman has been able to produce really
solid returns on a very large amount of capital, and I think it's in large part because of the simple math of
asset turnover — Klarman buys bargains, waits for them to be valued at a more reasonable level,
sells them, and repeats.
We actually want a few more, so if it could dip first, that would be really nice Think shell can maintain it's dividend,
solid company and lot's of
assets they can
sell to maintain dividends for now.