FocusInvestor.com Original Articles

Focus Investor Series Part III: The Munger Network of Mental Models
In Adobe PDF Format
Updated: March 2003
Viewed over 11,950 times.
The third installation of the focused investing series attempts to pass information along to the reader concerning the benefits gained by using multiple models in your decision making processes. Mr. Charlie Munger, in a 1994 speech at USC, listed a number of models which are covered in detail in the article.
Rose Blumkin: Business Model of Success
In Adobe Format
Updated: November 26, 2000
Viewed over 2,950 times.
This article details the extraordinary life of Mrs. Rose Blumkin of Nebraska Furniture Mart (NFM) fame and discusses how all of us could benefit from a close study of her life. The article also examines the NFM business model.
Markel Corporation
In Adobe PDF Format
Updated:January 2003
Viewed over 3,750 times.
This article examines Markel Corporation (NYSE: MKL). Markel is a specialty niche insurance company and the articles provides details on its business model and what separates the company from their competition.
White Mountains Insurance Group
In Adobe PDF Format
Updated: August 2001
Viewed over 25,000 times.
This article examines White Mountains Insurance Group (NYSE: WTM). White Mountains is an insurance company and the articles provides details on its business model and what separates the company from their competition. The legendary Jack Byrne (was CEO of GEICO) is Chairman of this company.
Moody's Corporation
In Adobe PDF Format
Viewed over 4,250 times.
This article examines Moody's Corporation (NYSE: MCO) and why its business model is so compelling. This article was written a few months before the company was spun-off from Dun & Bradstreet.
Intro to Risk Arbitrage
In Adobe PDF Format
Updated: May 16, 2001
Viewed over 4,500 times.
This article examines merger arbitrage activity, its benefits and the potential risks involved. The Merger arbitrage spreadsheet can be used to examine potential risk arbitrage situations using multiple scenarios to determine reward potential.
Mr. George Mecherle: State Farm
In Adobe PDF Format
Updated: May 19,2001
Viewed over 1,875 times.
Mr. Mecherle was the founder of the State Farm Insurance Company. This article briefly covers his life and examines how his innovative business model had many competitive advantages over the typical insurance company business model of the time.
The Price of Impatience
In Adobe PDF Format
Updated: August 2004
This short article discusses one of the most essential traits a successful investor needs to possess, patience.
 

FocusInvestor.com Excel Spreadsheets

Discounted Cash Flow Model Ver. 2.0 (Excel Format)
Updated: September 22, 2002
(Right Click your mouse on the above link to save the file to your computer)
Viewed over 2,495 times.
The Discounted Cash Flow Model was developed to be used by investors to help them determine the intrinsic value of a business being considered for possible investment.
Equity Spreadsheet Model (Costco)
Updated: February 3, 2002
(Right Click your mouse on the above link to save the file to your computer)
Viewed over 2,800 times.
This is a spreadsheet I developed that permits users to closely examine the numbers behind a company so they can better understand the company's business model. FocusInvestor.com's users can use this spreadsheet as a template to refer to when creating a their own company specific spreadsheet models.
Risk Arbitrage Risk/Return Model
Updated: April 14, 2001
(Right Click your mouse on the above link to save the file to your computer)
Viewed over 3,100 times.
This model was designed by FocusInvestor.com to provide users with a tool with which they can model the possible returns on merger arbitrage situations. They can take into consideration the probabilities of the deal occurring and also test the possible returns under multiple time & price scenarios.