Sylvamo Corporation: Look For Cannibals
SLVMSylvamo (SLVM) Seeking Alpha·2024-06-19 13:24
Henrik Sorensen Wise words from Charlie Munger Going down a long list of recent spin-offs, which I do from time to time, one stock piqued my interest. Not only was it apparently cheap, as most spin-offs are, but it also was showing some growth and another rare attribute, buybacks: “Charlie [Munger] mentioned if an investor did just just three things the end results would be vastly better than the rest. 1) Carefully look at what the other great investors have done, 2) Look at the cannibals, ie businesses ...