BNED is down sharply. Buy more?

This is already a regular ritual – BNED publishes reasonable annual (or quarterly) results, but the stock actually crashes 11% two days in a row. What’s interesting is that yesterday the stock opened up more…


New Service: Upcoming Spin-offs

In 2008 Mohnish Pabrai and Guy Spier paid $650,100 to eat lunch with Warren Buffet and Charlie Munger, where among other things Charlie recommended that they should “carefully study spinoffs”. He knows what he is…