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Scott Black founded Delphi Management in 1978 on value investing precepts, emphasizing the fundamental performance of companies over the long term. He is known for contacting the management of every company that is a prospect for investment before committing capital.
At Barron’s 2012 Art of Successful Investing Conference, renowned investor Scott Black of Delphi Asset Management commented on his stock holdings and the one sector he does not want to own right now.
Well-know value investor and hedge fund manager Scott Black of Delphi Asset Management was at Barron's 2012 Art of Successful Investing Conference and discusses his top picks in the energy and health care sectors. He also discusses his top picks in the technology sector: He said "avoid PC stocks."
New Guru Scott Black has a specific set of criteria he looks for when selecting stocks for his Boston-based firm Delphi Management to invest in. He appeared on Bloomberg this morning to discuss what he describes as his “old Warren Buffett-style” process.
Newest Guru on GuruFocus.com Scott Black of Delphi Management discusses his criteria for picking stocks. He thinks return on equity and return on capital, price (PE ratio and P/B ratio) are the most important metrics to look at for any investment.
Scott Black, the most recent guru added to GuruFocus’ roster, founded Delphi Management, a long-only fund with approximately $900 million in assets under management, in 1980. Black’s firm asks two questions about companies when making purchasing decisions: “(i) Is the company under scrutiny a good business? (ii) Can we purchase this business at a cheap price in the marketplace?” They invest only in stocks of U.S.-listed companies.