Pound the Rock Investing
"When nothing seems to help, I go and look at a stonecutter hammering away at his rock perhaps a hundred times without as much as a crack showing in it. Yet at the hundred & first blow it will split in two, & I know it was not that blow that did it, but all that had gone before."
Ecology and Environment Inc. (EEI) – attractive valuation with some built-in catalysts
The state of the frac-sand industry
An Asymmetric Opportunity with Select Sands Corp. (SLSDF)
What I think I’ve learned about investing
The Joint Corp. (JYNT) – adjusting for a brighter future
My Investment Process
Vista Outdoor Inc. (VSTO) – Potential value through the sale of a business segment
Finding an edge; creating a moat around an investment process
My favorite metric to use for business valuation
Getting the most out of management meetings and visits to company headquarters