Author Archives: Timeless Investor

About Timeless Investor

My name is Samual Lau. I am a long-term value investor and a zealous disciple of Ben Graham. And I am a MBA graduated in May 2010 from Carnegie Mellon University. My concentrations are Finance, Strategy and Marketing.

Morfit, who is the board member of Valeant, will serve as ValueAct’s chief investment officer

Posted on May 18, 2017 by Timeless Investor

According to WSJ, Morfit, who is the board member of Valeant since 2007, will serve as ValueAct’s chief investment officer. Should Morfit help turn around this company? Very possible!

Posted in Comments on News | Tagged VRX | Leave a comment

Mel Watt testified at a hearing on housing finance policy; Mnuchin will testify on May 18 on GSE

Posted on May 17, 2017 by Timeless Investor

Mel Watt testified at a hearing on housing finance policy. He reiterated his concerns over long-term conservatorship of Fannie Mae and Freddie Mac and stressed that it is Congress’ job to chart a path out of it, and urged lawmakers to … Continue reading →

Posted in Comments on News, Interviews | Tagged FNMA, GSE | Leave a comment

Takeaways from Bruce Greenwald’s interview at Barron’s

Posted on May 15, 2017 by Timeless Investor

Here are a few takeaways from Bruce Greenwald’s interview at Barron’s

Posted in Guru watch, Interviews, Investment Knowledge | Tagged DCF, earning power, value trap | Leave a comment

Watt on GSE – can we have the conservatorship end before the end of this year?

Posted on May 11, 2017 by Timeless Investor

Watt warns that “By the end of the year “neither enterprise will have the ability to weather any loss it experiences in any quarter without drawing further on taxpayer support,”” so we are going to see the end of tunnal … Continue reading →