Ney investing

Please read the article "Blog's "read me first" Terms And Conditions Of Use All content provided on this blog is for informational purposes only. This blog's owner makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner of this blog will not be liable for any errors or omissions in this information. The owner will not be liable for any losses, injuries, or damages from this information's display or use. These terms and conditions are subject to change at any time with or without notice. Keep in mind my native language is Spanish; sorry in advance for any grammar mistakes.  Value Investment Fund, INC. annual Letter Quito, Ecuador. 10/9/2021 To the friends and investors of Value Investing Fund, INC.: In our second year, ending September 1, 2021, the fund has generated 51.46% in profits for a cumulative return of 257.19% since inception. Ney Torres, Portfolio Manager Value

I came across these pictures from March ‎26, ‎2015.  I was completely obsessed with understanding how Warren Buffett used to make decisions with limited information, back in the day he didn't have computers, or access to much information at all, except for print media and maybe a phone call. I thought it was important to learn this because I was trap in a constant loop of "I need more information" I thought that in order to have an edge I needed to know more than 99.99% of the people out there about a company.  So I went into eBay and bought old stock manuals described in Buffett's biography " The Snowball: Warren Buffett and the Business of Life"  by Alice Schroeder. And I would find companies described there, so I could see what he saw over 40 years ago. What I learned is to avoid the overflow of information that we have today. Is really about the big picture, sales, income, cash flow. Of course, this only makes sense within the context. Here is an example

Summary AEY They serve 5g towers, a tsunami of work is coming.  https://www.addvantagetechnologies.com/assets/uploads/2020/09/AEY-2020-Summer-Investor-Presentation.pdf   See the Investors presentation - page 12. The 3-year plan shows a  28M EBITDA projection. Current market cap 35M. Management has done this before in bigger companies.  Thanks to Evan Bleker of netnethunters.com for showing me the idea Please read the article "Blog's "read me first" Terms And Conditions Of Use All content provided on this blog is for informational purposes only. This blog's owner makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner of this blog will not be liable for any errors or omissions in this information. The owner will not be liable for any losses, injuries, or damages from this information's display or use. These terms and conditions are subject to change at any time

Please read the article "Blog's "read me first" Terms And Conditions Of Use All content provided on this blog is for informational purposes only. This blog's owner makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner of this blog will not be liable for any errors or omissions in this information. The owner will not be liable for any losses, injuries, or damages from this information's display or use. These terms and conditions are subject to change at any time with or without notice. Keep in mind my native language is Spanish; sorry in advance for any grammar mistakes.   Symbol: MILC Exchange: OTC Price: USD 0.22 NCAV: USD 0.45   Summary: At 8x its medium-term EBITDA target of $5mn, Millennium could potentially command a valuation of $40mn, or $3.65 per share. $40M plant $33M in nuts *22.000 tons from 1k to 1.5k per ton $4.8M in stock Current market cap $2.4