Battle Of The Billionaires (Berlusconi versus Bolloré).

I can’t wait to see how this plays out:

http://www.forbes.com/sites/marcelmichelson/2016/12/15/bollore-squares-up-to-berlusconi-in-italian-media-war/#568d22f66fac

http://www.economist.com/news/business/21711957-doing-so-he-taking-silvio-berlusconi-former-italian-prime-minister-frances-corporate

 

ValueAct Picks Up More Shares of Trinity Industries Inc. (NYSE:TRN).

Jeffrey Ubben is considered by many to be a value investing “God”:

http://www.insidermonkey.com/blog/trinity-industries-inc-trn-valueact-capital-buys-more-shares-on-weakness-484328/?yptr=yahoo

You can read my take on why I think TRN is an attractive investment:

A Street (Rail) Car Named Desire (Trinity Industries)

Is Prem Watsa Making The Smart Money Move?

Big news out of Canada recently folks as that country’s answer to Berkshire Hathaway Inc., Fairfax Financial Holdings Ltd., sold almost 90% of its long-dated U.S. Treasury holdings in what appears to be a risk-off move on the cusp of U.S. elections and lingering global uncertainty.

http://www.bloomberg.com/news/articles/2016-11-04/prem-watsa-s-fairfax-sells-90-of-long-bonds-ahead-of-election

 

Penske Automotive Group Increases Quarterly Dividend 3.6%.

Automobile retailer Penske Automotive Group (NYSE: PAG) announced a U.S. 1 cent increase in its quarterly dividend to U.S. 29 cents per share today. Today’s dividend increase follows similar increases announced in January, May, and July of this year, and amounts to a total increase over the final quarterly 2015 dividend of an impressive 16%.

You can read the announcement here:

http://investors.penskeautomotive.com/phoenix.zhtml?c=82644&p=irol-newsArticle&ID=2212893

 

Diapers Get Messy…But Could Be A Good Business To Be In.

A Morgan Stanley-backed investment fund recently announced it has taken a  stake in baby and adult diaper maker DSG International Thailand:

http://www.reuters.com/article/us-dsg-intl-th-morgan-stanley-m-a-idUSKCN12B10H

Groupe Bruxelles Lambert, a Belgium-based investment holding company which I believe is a good long-term hold and is up nearly 15% in EUR terms since my post (ABC, DEF, GBL?), also has exposure to a similar business via its investment in Belgium’s Ontex (www.ontexglobal.com).

I am going to go out on a limb here, but it looks like the smart money may be in diapers.

 

Don’t You Just Love Stock Splits :)

Church & Dwight Co., Inc. (NYSE: CHD), my favorite consumer goods company, just split its stock two for one on September 2…its fourth stock split since 1999.

http://www.splithistory.com has a pretty good write-up on how CHD has done after splits were factored in.

WARNING: ITS PRETTY GOOD!

https://www.splithistory.com/chd/