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New guru: Allan Mecham
Posted by: lwb (IP Logged)
Date: February 26, 2013 01:18PM

I found the following article calling attention to a relatively unknown manager out of Utah named Allan Mecham.

Anyone interested should read his story or search more about him. His small hedge fund just recently crossed the $100M threshold and filed its first 13F-HR earlier this month. He is a pure value investor: anti-Wall Street; a big fan of Buffett and Prem Watsa; runs a concentrated portfolio with low turnover; posted 400%+ gains over the past ten years, and does almost all of his research by SEC filings.

Apparently working out of an office above a taco shop in downtown Salt Lake City, he is reminiscent of a young Buffett.

It may be early, but I believe he deserves inclusion to Guru Focus. If not now, then everyone should keep their eyes on him. His firm is called Arlington Value Management/Capital.

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