If you have ever had the chance to listen to Marty Whitman speak then you will quickly find out that he has no problem challenging the status quo when it comes to value investing. When he invested in distressed securities, he invested in the “ Fulcrum Security”, the most senior security that was going to participate in the reorganization. Whitman coined the acronym, GADCP, Growth at Dirt Cheap Prices, and when it came to investing in stocks, he was generally looking to buy companies trading at a 30% discount from readily ascertainable net asset value that could grow at an annual compounded growth rate of 10%. For example, investing in the debt of companies entering Chapter 11, or their stocks upon an exit from bankruptcy, can be incredibly rewarding.įurthermore, understanding the true earning power of a company and what its assets are worth, beyond what GAAP EPS numbers or the carrying value of assets on a balance sheet are telling you, is how you can find some diamonds in the rough. A stock that looks expensive today might be cheap tomorrow. The places that some ignore are where we can find opportunities. When it comes to investing, we are often told to follow set rules like “GAAP is more accurate than non-GAAP” or “avoid stocks with high P/Es, buy stock with low P/Es”, and that “a stock with a low book value per share is cheap”. Thinking outside the box is what makes value investing fun, especially if you are a microcap investor. Fiercely independent-minded, he was a brilliant intellectual a methodical, patient investor and a man of profound generosity and integrity. After that date he never obeyed an order from anyone. Whitman, often said that March 31, 1946, the day he was discharged from the Navy, was the happiest day of his life. As you may know, Marty Whitman passed away on April 16, 2018, but leaves behind a legacy that includes market beating returns and 4 books. Marty Whitman holds a special place in the hearts of many deep value investors. They conducted their wedding ceremony in the years of 1974's August, with attending their family and friends.Introduction By Maj Soueidan, Co-Founder GeoInvesting

She has married to her childhood friend or boyfriend Walter Mack.

She is a married and also spent her around four decades of their marriage or wedding life with her husband happily. Nevertheless, she is the leading writer of top world magazine Forbes' online magazine and also for many others. No doubt, this lady made million dollars of money, but she isn't only deserved the amounts from the media industry because she also wrote for the top ranked websites and wiki magazines. However, we also easily assume that she is a millionaire and also million dollars of net worth because she served over three decades in the media and still working successfully. How much does she Earn?Ĭonsuelo hasn’t revealed her net worth and her salary anywhere but gave some clues through her social media account that she is a millionaire. She has won multiple honors the first Lifetime Achievement Awards Women in Print and Electronic Financial Journalism from Women's Economic Roundtable and the Malcolm S. She is now as a business news reporter and presenter of WealthTrack. She worked as Presenter and Editor of The Asian Wall Street Journal Journalist, a weekly business show syndicated during Asia, and also anchored the 1996 PBS documentary show 'Emerging Powers' and the 1994 PBS special 'Pacific Rift.' She was born in New York City, New York on November 30, 1949.

Consuelo Mack has discerned it all in her progression, first as a broker for Merrill Lynch and later, as the Managing Editor and Host of the Wall Street Journal Journalist, which this woman for seventeen years. Self-doubt, procrastination, fear and loathing are all issues that arrived up when ladies talked about managing money.

Wealth tracker consuelo mack