Business
Greenbrier Companies: Significant Margin Of Safety For Patient Value Investors (NYSE:GBX)
My interest in financial markets was born out of a love for companys, productive companies, and free market capitalism. The first book i read that shaped my investment perspective was Benjamin Grahams The Intelligent Investor. I enjoyed Prof. Grahams aproach to valuations grounded in strong fundamentals and assets. After finishing The Intelligent Investor i was able to read Security Analysis the 2nd 1940 edition by Benjamin Graham, which completely changed my analysis style and shifted me to the Heavy Industrial Sector, the steelmaking sector in particular. I also read Austrian Economic theory from Murray Rothbard: MNan Economy and State with Power and Market, Americas Great Depression, Ethics of Liberty’s, The Panic of 1819, A history of Money and Banking in the United States and Conceived in Liberty volumes I-V. Understanding Austrian theory, especially the Austrian Theory of the Business cycle helped me be aware in my investment analysis about the effects of credit expansion and contraction in industrial firms. Also i have read The Making Shaping and Treating of Steel, the Carnagie Steel 1920 edition, to be able to understand the operational and tehnical aspects of Blast Furnace steelmaking. I want to write for Seeking Alpha to be able to share with as many people sound investment theory and Austrian Economics principle to help them make informed decisions.
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.
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