Rokiškio Sūris AB is a Lithuanian dairy processor with a focus on cheese. The stock currently trades at 5x earnings and slightly below book value, clearly below its historical average. Over the past few years, management has increased the dividend, bought back shares, and

Dewey Electronics Corp is an OTC traded net-net at 5x earnings. The company sells military electronics, mainly robust power generators to the US government. The stock trades at a 50% discount to NCAV, 1.6x EV/FCF, holds 74% of its market cap in cash, has no debt, and a strong

Still my favorite quote from Dave Waters in his Q1 2025 report. What a feeling that must be.

You’ll like this one. Park & Bellheimer AG (PKB) is an illiquid German brewery with a $15M market cap, trading at 6x earnings. EPS has grown at a 46% CAGR since 2017 (partly driven by interest income), allowing the company to build a cash position of $12.12M while paying down

Norbert Lou on Why You Don’t Need a Catalyst When the Valuation Is Right:

Every now and then, you come across a stock that looks too good to be true. High returns on capital, steady growth, founder-led, and run by aligned management. Still, the valuation makes no sense, as if the market is telling you something must be wrong. And often, that’s the

Warren Buffett on his investment strategy – in his 1975 letter to shareholders:

The only way to ensure extraordinary returns is to spend hours every day reading, thinking, and digging through endless stocks. The more rocks you turn over, the more opportunities you will find. Once you find something worth digging into, it requires a lot of reading and