Very interesting to see that Allan Mecham of Arlington value capital has been buying TRIP. See articles related to Allan Mecham here.
See our post on Trip Advisor here.
| Period | Shares | % of Portfolio | Activity | % Change to Portfolio | Reported Price |
| 2015 Q4 | 324,040 | 3.48 | Add 109.89% | 1.82 | $85.25 |
| 2015 Q3 | 154,389 | 1.31 | Buy | 1.31 | $63.02 |
Source: dataroma.com
The current portfolio of Allan Mecham as of 31st March, 2015 (From DataRoma)
|
% of portfolio | Shares | Recent activity | ||
| hist | BAC – Bank of America Corp. | 14.35 | 6,453,725 | Add 9.00% | $15.39 |
| hist | CMPR – Cimpress N.V. | 14.02 | 1,150,329 | Add 5.39% | $84.38 |
| hist | DNOW – NOW Inc. | 12.70 | 4,061,596 | Add 123.99% | $21.64 |
| hist | SNE – Sony Corp. | 11.64 | 3,009,375 | Add 2.68% | $26.78 |
| hist | OUTR – Outerwall Inc. | 9.88 | 1,034,260 | Add 5.68% | $66.12 |
| hist | LUK – Leucadia National Corp. | 8.39 | 2,604,158 | Add 8.44% | $22.29 |
| hist | IBKR – Interactive Brokers Group Inc. | 8.30 | 1,688,495 | Add 32.42% | $34.02 |
| hist | Y – Alleghany Corp. | 6.40 | 91,001 | Add 8.83% | $486.99 |
| hist | MSM – MSC Industrial Direct | 4.83 | 462,853 | Buy | $72.20 |
| hist | CHEF – The Chefs’ Warehouse | 4.13 | 1,274,374 | Reduce 6.17% | $22.43 |
| hist | BRK.B – Berkshire Hathaway CL B | 3.43 | 164,318 | Add 13.50% | $144.32 |
| hist | BRK.A – Berkshire Hathaway CL A | 1.35 | 43 | Reduce 2.27% | $217511.63 |
| hist | CPRT – Copart Inc. | 0.51 | 93,357 | Add 9.52% | $37.57 |
| hist | HEI – HEICO Corp. | 0.05 | 6,611 | Buy | $49.61 |
| hist | DSWL – Deswell Industries | 0.03 | 100,981 | $1.84 |
Came across a few articles of Allan Mecham from Arlington Capital who has been beating the pants out of S&P 500 since 1999. He does not use spreadsheets or any models, he just sits, reads and thinks. While we have not seen the audited performance, it does seem like that certain audits were carried out and it was kosher. Sharing a few links to read more about this guy. It makes an interesting read.
Is this the next Warren Buffett? (Forbes & Forbes)
The 400% man (MarketWatch)
The 400% man – A lesson for aspiring investors (BaseHitInvesting)
Musings on the 400% man (Alephblog)
Interview with Allan Mecham (ManualOfIdeas)
Allan Mecham — The Early Years (ValueWalk)
Allan Mecham 2014 Letter (Valuewalk)
Allan Mecham on the Bull Case for Sony and Alleghany (Valuewalk)
Allan Mecham Unloads Berkshire and Loads Up Outerwall (Valuewalk)
Allan Mecham a Businesslike approach to Investing like Ben Graham (Valuewalk)
Beowulf Capital 