Fall 2016
Graham & Doddsville, issue 28 · 43 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 ↗
Alex Seaver & Brad Kent
Stadium Capital Management
Two partners who left private equity for public markets. They walk through how Stadium's strategy changed, its research and valuation process, and the activist campaigns it took on reluctantly.
ActivismSmall caps -
p. 1 ↗
Neal Nathani
Totem Point Management
Neal on what the dot-com bubble taught him about business quality, building teams by watching Wayne Gretzky, and Analog Devices as a less cyclical chip company.
TechnologyGrowth investing -
p. 1 ↗
Chris Weldon
Stamina Capital
Chris on launching Stamina, moving from analyst to portfolio manager, and owning compounders and businesses in a quality transition for a long time.
Quality compoundersBuilding a firm
Student pitches
-
p. 20 ↗
Long Live Nation Entertainment
By Jocelyn Doman
Concerts, ticketing, artist management and sponsorship in one company, with improving economics.
-
p. 22 ↗
Long Skyworks Solutions
By Maria Muller, William Hinman and Mark Shohet
More dollars of RF components in every phone give Skyworks a long revenue runway. The team saw 63% upside.
-
p. 24 ↗
Long AMERCO
By Kenneth Chan, Anton Korytsko and Alexander Teixeira
North America's largest do-it-yourself moving and storage operator, with a fleet of more than 250,000 vehicles. The team saw 40% upside.