Outsiders In Chemicals, The Story Of Rockwood Holdings, Inc. (ROC) – A Case Study Of Capital Allocation

Outsiders In Chemicals, The Story Of Rockwood Holdings, Inc. (ROC) by Before Losing My Sanity

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Value and special situations investing around the world

This piece is not about an investment idea, rather a case study of capital allocation and a story of a few Outsiders. When I first came across Rockwood I thought that this could be summed up neatly in a few paragraphs. Technically speaking it is possible but wouldn’t do justice to the story. The content is rather on the long side, however if you don’t feel like reading the whole thing the below quote, from Rockwood CEO Mr Seifi Ghasemi in early 2014,...