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Strategies & Market Trends : Value Investing

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From: benbuffett12/15/2012 10:30:46 AM
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Anyone follow Unico American UNAM, Biglari Holdings recently took a 9.5% stake. Four company officers control 52.65% of company.

BV has steadily climbed while doubling over last 10yrs

Negative free cash flow last few years

Trades below book

Trades below cash

Over last few years has paid special one time divy

In 2008 authorized share buyback up to 500,000 shares

Sales have fallin over last ten years

As of December 31st, 2011 investment portfolio was $128,042,146.00
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