Guy Gottfried of Rational Investment Group recommended The Brick Ltd (TSE:BRK) at last year’s New York Value Investing Congress and the stock is up 118 percent since after catching a bid from Canada’s Leon’s Furniture.
Gottfried’s presentation focused on The Brick’s high-quality business, strong balance sheet, and intelligent management, demonstrated through insider buying, and excellent capital allocation.
Gottfried followed Prem Watsa’s Fairfax Financial into The Brick (Fairfax owned 33 percent after leading The Brick’s recapitalization). Watsa is a renowned value investor, often referred to as “Canada’s Warren Buffett.”
Gottfried’s presentation is outstanding, and should be required reading.
Gottfried will be joining the Value Investing Congress speaker roster for Las Vegas on May 6 and 7, 2013. Greenbackd is able to offer an early bird deal that saves $550 off the regular ticket price. Just follow this link and enter discount code S13GB2 before Tuesday, December 11, 2012.