Interpublic Group and Omnicom – An Undervalued Company Buys Another One

July 31, 2025

Thanks for the opportunity to use the ancient meme. One of the peculiar risks of value investing is that the underpriced company that you spent all that time and effort analyzing will be bought out from under you before the gap between its price and intrinsic value is resolved. Ordinarily the acquisition comes at a […]

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GoodRx – It is Dangerous to be a Minority Shareholder

July 10, 2025

It is always difficult being a minority shareholder. Well, obviously most people reading this are not going to be the majority shareholder of a public company (and if you are, I am available for consultation at reasonable rates). But I mean a minority shareholder of a company that has a such majority holder or group […]

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