The Fall 2017 issue of Columbia Business School's newsletter Graham & Doddsville has been released. In it, they feature an interview with Howard Marks of Oaktree Capital. We've highlighted many of Marks' letters in the past.
The new issue also features Paul Sonkin of GAMCO Investors/Gabelli Funds who talks about learning from mistakes and pitching the perfect investment.
Additionally, they profile Jeremy Weisstrub's new firm, Aryeh Capital Management. Prior to founding the new firm, he worked at Greenlight Capital. He talks about his bullishness on shares of ServiceMaster (SERV), which includes businesses like Terminix, American Home Shield, and more.
The newsletter also features student investment pitches, including long Spirit Aerosystems (SPR), which was the winning pitch at the Women in Investing (WIN) Conference.
Embedded below is the fall issue of Graham & Doddsville:
You can download a .pdf copy here.
Monday, October 23, 2017
Graham & Doddsville Latest Issue: Howard Marks Interview & Pitches on SPR, SERV
Wednesday, September 28, 2016
Darsana Capital Ups Spirit Aerosystems Stake
Anand Desai's hedge fund firm Darsana Capital Partners has filed a 13G with the SEC regarding its stake in Spirit Aerosystems (SPR). Per the filing, Darsana now owns 5.4% of SPR with 7 million shares.
This is up from the 5.25 million shares they owned at the end of the second quarter. The filing was made due to activity on September 16th.
SPR has been a favorite among a few other hedge funds we cover as well: Hound Partners, Marble Arch Investments, Aravt Global, and Newtyn Management, among others.
About Darsana Capital
Prior to founding Darsana, Desai worked with Eric Mindich at Eton Park Capital. Darsana's most recent 13F filing showed $1.9 billion in assets but keep in mind that doesn't include international positions, or cash.
About Spirit Aerosystems
Per Google Finance, Spirit Aerosystems is "a non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero-structures. The Company is a supplier of aero-structures to The Boeing Company (Boeing) and Airbus S.A.S (Airbus). The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems. It is engaged in production, including the majority of the airframe content for the Boeing B737. It is also a content supplier of wing systems for the Airbus A320 family. It is a supplier for the Airbus A380 and Airbus A350 XWB (Xtra Wide-Body). Its products include Fuselage Systems, Propulsion Systems and Wing Systems. The Company offers spares and replacement parts for B737 Classic, B737NG, B747, B757, B767, B777, Rolls-Royce BR725, A320, A330, A340 and A380. Its Maintenance, Repair and Overhaul at repair stations provide complete on-site repair and overhaul to support MRO services for B747, B767, B777, B787 and Rolls-Royce BR725.."
