Good value investing ideas come from many places.
Respected value investor Guy Spier found a good one in a recent Barron's issue.
The attractive stock idea is Midwestern Refineries which is sitting in the sweet spot of the industry right now.
These companies have access to the cheapest crude on the planet from the North Dakota Bakken and Canada and at the same time still sell their finished products at global Brent pricing.
Here is Spier discussing:
