A Look Back At Warren Buffett’s First Big Activist Investment

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Rupert Hargreaves
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In 1958, Warren Buffett started buying shares in a small map company that he believed was seriously undervalued. Writing in his 1958 partnership letter, he did not reveal the name of the security, although he did declare that it had an estimated intrinsic value of $135 per share, compared to the market price of $80 at the time, and that he had put around 25% of total partnership assets into the stock. If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks. “While the degree of undervaluation is no greater than…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk