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Central Securities Corp.: If You Like To Blue Chips Below NAV, Year After Year (NYSE:CET)

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Central Securities Corp.: If You Like To Blue Chips Below NAV, Year After Year (NYSE:CET)

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I have a B.Tech degree in Mechanical Engineering from a top school in India. For nearly twenty five years, I have worked in the oil and gas sector, primarily in the Middle East. I work at the intersection of engineering, operations, and project management in an industry that does not forgive mistakes – so I have learned to be efficient, careful, and disciplined. These traits inform my investment strategy. For much of my professional career, I have maintained a serious and sustained interest in the U.S. equity markets, with a particular focus on technology, energy, and healthcare. I started as a growth investor, taking risks as I saw fit; but today, my investment approach blends elements of both value and growth. I seek to understand the underlying economics of a business, evaluate the durability of its competitive advantage (or “moat”), and assess its ability to generate consistent free cash flow over time. I believe, as Munger puts it, in “sitting on your ass” when holding a high-quality business—allowing time and compounding to do the heavy lifting. My orientation is moderately conservative; I look for upside while minimizing downside. Well, who doesn’t, but as I look towards retirement, I have started emphasizing the latter over the former. As a result, in recent years, I’ve gradually rebalanced toward income-generating assets—dividend-paying equities, REITs, and similar vehicles. I view investing not merely as a pursuit of high returns but something that will also generate peace of mind. I joined Seeking Alpha to both contribute to and learn from a community of thoughtful investors—people who, like me, are interested in the intersection of real-world business fundamentals and intelligent investing. PS – The icon I have used represents something fundamentally important to me – that is, to earn money through investing in ecologically sensitive businesses.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Iran’s Nobel winner Narges Mohammadi faces a new prison term of more than seven years

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Iran’s Nobel winner Narges Mohammadi faces a new prison term of more than seven years


Iran’s Nobel winner Narges Mohammadi faces a new prison term of more than seven years

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Ave Maria Growth Fund Q4 2025 Commentary

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Ave Maria Growth Fund Q4 2025 Commentary

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For the three months ended December 31, 2025, the total return on the Ave Maria Growth Fund (AVEGX) was -0.19%, compared to 2.66% for the S&P 500® Index and 1.39% for the S&P 500® Equal Weight Index. The returns for

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Venezuelan politician Juan Pablo Guanipa freed in prisoner release

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Venezuelan politician Juan Pablo Guanipa freed in prisoner release


Venezuelan politician Juan Pablo Guanipa freed in prisoner release

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For Palestinians returning to Gaza, a bittersweet reunion

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For Palestinians returning to Gaza, a bittersweet reunion


For Palestinians returning to Gaza, a bittersweet reunion

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Oakmark International Strategy Q4 2025 New Investments And Divestments

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Oakmark International Strategy Q4 2025 New Investments And Divestments

Oakmark International Strategy Q4 2025 New Investments And Divestments

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Italian PM Meloni slams ’illiberal drift’ after comedian quits TV show

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Italian PM Meloni slams ’illiberal drift’ after comedian quits TV show


Italian PM Meloni slams ’illiberal drift’ after comedian quits TV show

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Fears of political uncertainty sparking economic woes

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Fears of political uncertainty sparking economic woes

Thailand is holding elections on Sunday, just two years after the previous polls amid political instability that led to two prime ministers being dismissed. Concerns are rising that ongoing uncertainty may adversely affect the country’s economy. This election follows a tumultuous period characterized by constitutional court rulings and government changes.


Political Challenges and Leadership in Thailand

Thailand’s political landscape has been tumultuous over recent years. The party that formed the government after the last election, Per Thai, has faced significant setbacks, including the removal of two prime ministers by the constitutional court and the imprisonment of its founder, Taxen Shinawat. Despite these difficulties, supporters remain passionate, as evidenced by a rally where Thai flags waved vigorously. The current leader, Anat Chanakun from the Bumjay Thai party, faces a tough start, battling natural disasters and a war with Cambodia, yet his popularity appears unaffected among the crowd.

The Rise of the People’s Party

The People’s Party, which secured the most seats in the last election and currently leads in polls, champions a reform agenda that resonates deeply with voters. However, the party faces opposition from Thailand’s powerful establishment and has been dissolved twice in just six years. Their leader emphasizes that with no senator influence, this election represents a genuine chance for the people to reshape the country’s future through their votes.

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Voter Concerns and Economic Woes

A unifying issue among Thai voters is the economy, which has stagnated, causing frustration as neighboring countries advance. Citizens seek urgent improvements in livelihoods and hope for a stable government to address these issues. Many express disillusionment, feeling that the current system benefits the wealthy at the expense of ordinary citizens. Despite the desire for stability, Thailand’s recent history of frequent elections and changing prime ministers highlights the challenge of achieving lasting political stability.

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Trump blasts Olympic skier over comments about representing US

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Trump blasts Olympic skier over comments about representing US


Trump blasts Olympic skier over comments about representing US

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South African regulator says Eskom can increase charges more than previously approved

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South African regulator says Eskom can increase charges more than previously approved


South African regulator says Eskom can increase charges more than previously approved

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Exclusive-Angola seeks 20%-30% stake in De Beers, senior official says

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Exclusive-Angola seeks 20%-30% stake in De Beers, senior official says


Exclusive-Angola seeks 20%-30% stake in De Beers, senior official says

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