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Contrarian Low-Cost Producer at a 15% FCF Yield + Excess Real Estate
Large margin of safety from the valuable real estate being monetized, underappreciated moat with key cost advantages, growth prospects thanks to new law…
 • John Huber
Oil Free Cash Flow: California and Canada vs Texas; Charlie Munger's Investment Mistake; A Producer at Half of Liquidation Value
Why California & Canadian oil production has better ROIC and more FCF than Texas; a look at one of Charlie's biggest investment mistakes (his own…
 • John Huber
Movie Theaters Risk and Opportunities; Netflix/WBD Deal; Is Disney Cheap?
Is the recent selloff in CNK overblown? Thoughts on the NFLX/WBD deal; MCS FCF; Thoughts on Disney and its valuation
 • John Huber
Understanding ROIC on Low Growth Businesses
A discussion of ROIC vs FCF yield; does ROIC matter in low growth businesses? Some current examples of high FCF yield stocks
 • John Huber
Two Types of Bank Investments; Thoughts on Asset Sensitivity; FCNCA's Value
Summary of bank investment strategy (bargains and compounders); Asset sensitivity might be misunderstood; a comparison of FCNCA vs other regional banks
 • John Huber
High FCF Yield Stocks; Returns from Business Results vs P/E Ratio Expansion
Examples of stocks that offer high FCF yields, where returns are earned from business results without requiring P/E expansion
 • John Huber
Quiet Compounders and a Hidden Moat at an 18% FCF Yield
A high margin, high ROIC business with a hidden moat for 5.5 P/FCF that is buying back shares.
 • John Huber
Investment Evolution or Flexible Tactics?
A look at Warren Buffett's remarkable investment flexibility and some thoughts on opportunities over the next decade
 • John Huber
A Compounder That's Ramping Up the Buyback
A big buyback announcement (14% of the shares) & recent insider buying; summary of the valuation and thoughts on the opportunistic mindset of its…
 • John Huber
A Gem of a Thrift Conversion
Recently converted thrift trades at 65% of book value, has lots of excess capital, pristine credit quality, is buying back meaningful amounts of its…
 • John Huber
Short-termism and Opportunities; Buffett's Views on Tariffs
Clip of a Saber client note with some thoughts on trade deficits and market behavior
 • John Huber
CNK Buyback, Special Situation Review, and Some Thoughts on Theaters
A Lincoln Post with some quick thoughts on CNK's valuation, its new buyback announcement and a review of the Fairfax preferred shares.
 • John Huber
Base Hit Investing
A Saber Capital investment journal
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