Comments on: Marty Whitman’s adjustments to Graham’s net net formula

By: Marty Whitman on value and corporate governance « Greenbackd

Marty Whitman on value and corporate governance « Greenbackd — Wed, 03 Mar 2010 05:01:53 +0000

[...] at the Columbia Investment Management Conference in New York. I have in the past discussed Marty Whitman’s adjustments to Graham’s net net formula, which I find endlessly useful. Whitman has some additional insights that I believe are [...]

By: About liquidation value investing « Greenbackd

About liquidation value investing « Greenbackd — Thu, 13 Aug 2009 05:30:55 +0000

[...] For more detail, see our posts Valuing long-term and fixed assets, Portfolio construction and Marty Whitman’s adjustments to Graham’s net net formula. The historical returns from investing in securities trading at a discount to liquidation [...]

By: Marty Whitman discusses Graham’s net-net formula « Greenbackd

Marty Whitman discusses Graham’s net-net formula « Greenbackd — Tue, 28 Jul 2009 07:19:43 +0000

[...] net-net formula and his adjustments to it. We’ve previously covered those adjustments here, but we’ve added the video because we think it’s quite amazing to see the great man [...]

By: James Egan

James Egan — Tue, 02 Jun 2009 19:55:08 +0000

Hello,

I have a question.

Do you make an adjustment for Qualified Special Purpose Entities (QSPEs) or Variable Interest Entities?

If so, how do you make such an adjustment?

This has been a question that I have been concerned with for some time.

By: Greenbackd Portfolio Q2 Performance and Update « Greenbackd

Greenbackd Portfolio Q2 Performance and Update « Greenbackd — Mon, 01 Jun 2009 06:16:52 +0000

[...] even managing members of hedge funds, and by incorporating the observations of Marty Whitman (see Marty Whitman’s adjustments to Graham’s net net formula here) and Seth Klarman (our Seth Klarman series starts here), we have refined our process. We [...]

By: greenbackd

greenbackd — Thu, 07 May 2009 00:26:39 +0000

David,

Graham and Doddsville is a great resource. Congratulations.

By: David

David — Thu, 07 May 2009 00:18:44 +0000

Thanks for the nod, Greenbackd. I really enjoy your blog… keep up the good work!

By: greenbackd

greenbackd — Tue, 05 May 2009 05:31:16 +0000

Thanks, widemoat.

By: greenbackd

greenbackd — Tue, 05 May 2009 02:55:07 +0000

Thanks, Sivaram.

By: Sivaram Velauthapillai

Sivaram Velauthapillai — Tue, 05 May 2009 02:34:38 +0000

That article is about Whitman’s 1Q shareholder letter. You might want to read the section starting on page 3:

http://www.thirdave.com/ta/documents/sl/shareholderletters-09Q1.pdf

I also wrote about the letter on my blog if anyone is interested:

http://can-turtles-fly.blogspot.com/2009/03/martin-whitman-1q2009-shareholder.html