Charlie Rose has a fantastic interview with Wilbur Ross, who played Willy Tanner (the dad) on Alf before becoming an investor in distressed businesses, most notably in the coal, steel and auto parts industries. This profile describes Ross’s start thus: In 2001, when LTV, a bankrupt steel company based in Cleveland, decided to liquidate, Ross [...]
Archive for August, 2010
Wilbur Ross on Charlie Rose
Posted in About, Activist Investors, Contrarian investment, Liquidation, Liquidation Value, Net Current Asset Value, Stocks, tagged Wilbur Ross on August 4, 2010 | 5 Comments »
Fortune on David Sokol
Posted in About, Warren Buffett, tagged Berkshire Hathaway Inc. (NYSE:BRK.A), Berkshire Hathaway Inc. (NYSE:BRK.B), David Sokol, Warren Buffett on August 3, 2010 | 1 Comment »
Fortune magazine has a great profile on David Sokol, Warren Buffett’s Mr. Fix-It: Buffett first met Sokol in 1999 when Berkshire was buying MidAmerican, the Iowa utility. With longtime Buffett friend Walter Scott, Sokol had bought a small, $28-million-a-year geothermal business in 1991 and built it into that utility powerhouse. MidAmerican, headquartered in Des Moines, [...]
WSJ profile of Li Lu
Posted in About, Stocks, Warren Buffett, tagged Berkshire Hathaway Inc. (NYSE:BRK.A), Berkshire Hathaway Inc. (NYSE:BRK.B), Charlie Munger, Li Lu, Warren Buffett on August 2, 2010 | 2 Comments »
The WSJ has a more full profile of Li Lu (subscription required), the Chinese-born hedge-fund manager in line to become a successor to Warren Buffett at Berkshire Hathaway Inc.: Mr. Li, 44 years old, has emerged as a leading candidate to run a chunk of Berkshire’s $100 billion portfolio, stemming from a close friendship with [...]

