Tag Archives: Investing in retailers

Lecture 9: A Great Investor Discusses Investing in Retailers and ANN

This lecture is a supplement to Lecture 5 found here: http://csinvesting.org/2011/09/13/lecture-5-a-value-investor-in-retail-discusses-anf-aeos-aro/

Note the speaker’s limited circle of competence and how differently retailers are analyzed from Wall Street consensus. Retailers can offer opportunity due to their volatile stock prices.

If you have the stomach and can take a two-year horizon while taking a business like approach, then you will enjoy this speaker’s thoughts.

Lecture 9: http://www.scribd.com/doc/68793236/Lecture-9-a-Great-Investor-Discusses-Investing-in-Retailers-and-ANN

There are several links in the above document which will help you review the companies discussed in the lecture.

Lecture 5: A Value Investor in Retail Discusses ANF, AEOS, ARO

This lecture will show you the power of focused investing. This investor invests mostly in mid-cap to small cap retail companies. A small circle of competence can be powerful indeed if the investor knows the circle well.

Go here:

http://www.scribd.com/doc/64866874/Lecture-5-Retail-Investor-Specializing-in-ANF-AEOS-ARO