The European Contrarian Report - Horizon Kinetics

Since 1994, The European Contrarian Research Report has employed a value-oriented investment strategy based upon the unique investment philosophy created by Murray Stahl. The research process begins by identifying depressed and out-of-favor companies that possess certain “predictive attributes” such as long product lifecycles, owner-operator management teams, dormant assets, or a potential/ongoing restructuring.

The European Contrarian Research Report also uncovers equities which, due to liquidity characteristics or industry categorization, have not benefitted from the influx of assets into passive investment vehicles such as exchange traded funds. The research team believes that many companies “trading on the wrong side of The ETF Divide” are presenting significant opportunities to value investors. Investment ideas are generated through the identification of companies that fit this qualitative framework. This subset of companies is then moved through a detailed quantitative and fundamental assessment of their business.

The European Contrarian Research Report identifies the following companies: European-Listed / Small to Mid-Cap

  • > December 15, 2016
  • Obrascon Huarte Lain S.A.
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  • > June 25, 2012
  • Ferrovial SA
  • Summary
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  • > March 7, 2012
  • BollorĂ© S.A.
  • Summary
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  • > February 1, 2012
  • Hellenic Exchanges S.A.
  • Summary
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  • > November 8, 2011
  • Grupo Bimbo, SAB de CV
  • Summary
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  • > March 30, 2011
  • Lai Sun Garment (International) Limited
  • Summary
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  • > November 17, 2010
  • Grupo Aeroportuario del Sureste
  • Summary
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  • > August 1, 2010
  • August 2010 Global Contrarian Report Compendium
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  • > May 26, 2010
  • Television Broadcasts Limited
  • Summary
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