Profile of Alibaba's Joseph Tsai [Bloomberg]
Carol Loomis' latest on BlackRock: the $4.3 trillion force [Fortune]
Profile of 108 year old investor Irving Kahn [Telegraph]
Lessons learned in 30 years of investing [What Works on Wall Street]
Share sleuth's investment checklist [Interactive Investor]
A look at Post Holdings [View From the Blue Ridge]
A look at WL Ross Holding Corp [Brooklyn Investor]
What makes Warren Buffett a great investor? [Farnam Street]
Amazon: not an e-commerce company [Stratechery]
The inside story of how Netflix came to pay Comcast for traffic [Quartz]
Morningstar: a force to be reckoned with [FT]
Nonprofit hospitals' earnings fall as costs outrun revenue [WSJ]
Interview with Burger King's CEO [Financial Post]
The company speeding a genetic revolution [Forbes]
Google's valuation: much cheaper now than 10 years ago [WSJ]
Family Dollar bidding war suggests 'peak dollar store' is here [Yahoo]
Match.com might not light IAC's fire [WSJ]
Peculiar habits of incredibly successful people [Morgan Housel]
Interview with venture capitalist Bill Gurley [Forbes]
Wednesday, August 27, 2014
What We're Reading ~ Analytical Links 8/27/14
Wednesday, April 16, 2014
What We're Reading ~ Analytical Links 4/16/14
Notes from the DoubleLine lunch with Jeff Gundlach [Reformed Broker]
The illusion of conscious investing decisions [All About Alpha]
Prem Watsa says dot-com rally to 'end in tears' [Bloomberg]
Interview with Larry Pitkowsky and Keith Trauner of GoodHaven Fund [Forbes]
Charting a tasty future for Post Holdings [Barrons]
Google moving to play a larger role in booking hotel rooms [WSJ]
US companies adding significantly to their debt [FT]
Amazon's new smartphone? [BGR]
Jeff Bezos' annual letter [SEC]
The problem with profitless start-ups [NYMag]
Can do vs can't do cultures [BHorowitz]
Michael Lewis' "The Big Short" to hit the big screen [CNN Money]
Wednesday, January 29, 2014
What We're Reading ~ Analytical Links 1/29/13
On position sizing in long/short equity hedge funds [Aleph Blog]
Report on measuring a company's moat [Credit Suisse]
How to read a 10-K like Warren Buffett [CNBC]
The myth of maximizing shareholder value [Naked Capitalism]
The second most expensive stock market in the world [John Mauldin]
A look at Post Holdings [Brooklyn Investor]
Dow Chemical is no bargain [Capital Observer]
A long pitch on SSD makers [Minyanville]
Sprint met with US government re: possible T-Mobile deal, Justice Dept skeptical [WSJ]
How Vietnam became a coffee giant [BBC]
5 takeaways from the emerging markets rout of 2014 [WSJ]
Visa Europe says end of physical currency a 'reality' [Telegraph]
Apple making a move into mobile payments? [WSJ]
Google and Samsung reach global patent license deal [GigaOm]
Wednesday, April 24, 2013
Scout Capital Discloses New Position in Post Holdings
This is a brand new position for the fund as they did not disclose owning any shares in their last 13F filed with the SEC which detailed positions at the end of the fourth quarter. Their new disclosure was required due to portfolio activity on April 11th.
Post Holdings was created as a result of a spin-off from Ralcorp Holdings (RAH), which took place at the beginning of 2012 and shares have rallied furiously since then, almost doubling from $24 to current prices just shy of $44.
Other Funds Involved in POST
Parsing through 13F filings from Q4, we see that while a large portion of POST's top holders are 'vanilla' institutional plays, a few hedge funds held Post Holdings at the end of 2012: Paulson & Co and Highfields Capital. New 13F filings are due out in the middle of May and we'll be able to see who else might have scooped up shares of POST in Q1.
About Scout Capital
Scout was founded and is co-managed by James Crichton and Adam Weiss. Before founding Scout, Crichton worked at Zweig-DiMenna and received his MBA from Harvard. Weiss, on the other hand, worked at Dan Loeb's Third Point and received his MBA from Columbia.
About Post Holdings
Per Google Finance, Post Holdings is "a manufacturer, marketer and distributor of branded ready-to-eat cereals in the United States and Canada. The Company’s portfolio of brands includes Honey Bunches of Oats, Pebbles, Great Grains, Grape-Nuts, Shredded Wheat, Raisin Bran, Golden Crisp, Alpha-Bits and Honeycomb. It markets and sells ready-to-eat cereal products in three different categories: sweetened, balanced and unsweetened. Its sweetened products include Pebbles, Honeycomb, Golden Crisp, Alpha-Bits and Waffle Crisp. Its balanced products include Honey Bunches of Oats, Post Selects, Great Grains and Shreddies. The Company’s unsweetened products include Post Shredded Wheat, Post Raisin Bran and Grape-Nuts."
For more on this hedge fund, we've highlighted some of their thoughts on their other positions.
