Fall 2009
Graham & Doddsville, issue 7 · 29 pages
Page numbers are the ones your PDF viewer shows. Each one opens the PDF at that page; if your browser lands on page 1, scroll to the number. Open the full issue on Columbia's site ↗
Interviews
-
p. 1 ↗
Howard Marks
Oaktree Capital Management
Howard on starting at Citibank in its 'nifty fifty' years, why he disliked being director of research, and the philosophy behind Oaktree and his memos: do an excellent job at a few things.
CreditDistressedCareer advice -
p. 16 ↗
David Samra
Artisan Partners
The lead PM of Artisan International Value, named Morningstar's 2008 international-stock manager of the year with Daniel O'Keefe, on his philosophy for buying cheap, good businesses abroad.
InternationalDeep value -
p. 22 ↗
Kevin Dreyer
Gabelli
A 2005 graduate of the value investing program, then associate PM on Gabelli's Asset and Healthcare funds, on starting a career in turbulent markets.
HealthcareCareer advice
Student pitches
-
p. 12 ↗
Long Amedisys
By Kenneth Leslie
The price implied almost no revenue growth on fears of Medicare reform. Kenneth expected margins to hold or widen.
-
p. 14 ↗
Long Care Investment Trust
By Eric DeLamarter
Clearly undervalued on its assets, with near-term catalysts likely to close the gap.
Also in this issue
- p. 2 ↗Welcome letter