Plenty of smart people are, and have been, down on newspaper stocks. At about the same time I was buying Media General (MEG/NYSE), MaoXian was posting yet again of his distaste for the sector. I obviously don't agree the The Chairman on this one -- but I read his blog carefully.
Sponsored Links
January 2012
Blogs
- 10Q Detective
- Abnormal Returns
- Barel Karsan
- Can Turtles Fly?
- Capital Chronicle
- Cheap Stocks
- Distressed Debt Investing
- Ellisblog!
- Fat Pitch Financials
- Finance Trends
- Footnoted.org
- Gannon On Investing
- Greenbackd
- Infectious Greed
- Jeff Matthews Is Not Making This Up
- Kirk Report
- MaoXian
- Todd Sullivan's ValuePlays
- Trader Mike
- Value Investing News
Recommended Sites
Sponsored By
- Now there is a simple and convenient way to get payday loan in just minutes. Get fast cash for your immediate financial needs.
« Buying Media General | Main | Google Finance »
March 22, 2006
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83452163169e200d8347d106c53ef
Listed below are links to weblogs that reference That's What Makes A Market:
Comments
The comments to this entry are closed.
Current Holdings
- 3i Group PLC
- Agnico-Eagle Mines
- Capital Southwest
- Central Fund of Canada
- Central GoldTrust
- EGI Financial Holdings
- Fairfax Financial Holdings
- Geeknet
- Goldcorp
- Market Vectors Gold Miner ETF
- Media General
- Microsoft
- Newmont Mining
- NKSJ Holdings
- SmartPros Ltd.
- Steel Excel
- Unifi Inc.
Essential Reading
Sponsors
Rollup Banner Stands FHA Streamline Refinance DISCLAIMER
- All information posted on this web site has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. Under no circumstances is this an offer to sell or a solicitation to buy securities discussed on this site. Past performance is no guarantee of future success. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise. CONTROLLED GREED.com, its editor and/or related parties have positions in companies discussed. All data, information and opinions are subject to change without notice.
- All information posted on this web site has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. Under no circumstances is this an offer to sell or a solicitation to buy securities discussed on this site. Past performance is no guarantee of future success. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise. CONTROLLED GREED.com, its editor and/or related parties have positions in companies discussed. All data, information and opinions are subject to change without notice.
Newspapers are a declining business, that is true. But they are a declining business that generates significant cash flow, and that cash is worth something. The only argument is exactly how much it is worth.
Posted by: Trent | March 22, 2006 at 04:58 PM
Trent,
You're so right -- and I'm betting that MEG is trading at the right price. But, as always, time will tell.
Thanks for reading.
Posted by: John | March 22, 2006 at 11:29 PM