Vitaliy Katsenelson

What does Hank know

What does Hank know?

Hank Greenberg, the ex-chairman of AIG (AIG), the guy who made AIG what it is today, hired an investment banker to help him figure out what the company is worth.

BusinessWeek Video Interview

BusinessWeek Video Interview

I talked to Jim Ellis at BusinessWeek about my book Active Value Investing. As you will see, if you tie my hand I'd go mute.

Bank of America – The Contrarian

Bank of America – The Contrarian

I welcome the Bank of America (BAC) acquisition of Countrywide (CFC), as for the first time as I can remember BAC acts as a contrarian investor.

Creator of Incentives

Creator of Incentives

When I was in the third grade, growing up in Murmansk, a city above the Polar Circle in (then) communist Russia, my buddy and I decided to start a business.

Dragged Down by IRS and IRS is Your Friend

Dragged Down by IRS and IRS is Your Friend

Jackson Hewitt (JTX) declined significantly yesterday on news the IRS proposed regulation to ban refund anticipation loans, or RALs.

Will Gold Shine Again

Will Gold Shine Again?

This article was originally called Will Gold Shine Again? It was excerpted from my book Active Value Investing and appeared in the Rocky Mountain News.

Denver Post Article One step up one step back

Denver Post Article: One step up, one step back

Denver Post wrote an article about my book Active Value Investing.  The question that comes to mind - what am I doing reading my own book?

The Making of Capitalistic Pig I am Today

The Making of Capitalistic Pig I am Today

I spent my youth in Murmansk, a city in the northwest part of Russia. Murmansk owes its existence to the port that, due to the warm Gulf Stream, doesn’t freeze during the long winters, providing unique access to Russia from the north.

Russias Depressing Story

Russia’s Depressing Story

After 16 years of almost no contact with my Russian high school and college friends I stumbled on Odnoklassniki.ru, a website very similar to Classmates.com.

Joseph A. Banks – Another Quarter_ Same Great Story

Joseph A. Banks – Another Quarter, Same Great Story

Jos A. Bank (JOSB) reported decent numbers yesterday: sales grew 10%. It's not a blow out number but a respectable number for this environment.

Citigroup – As Good As it Gets

Citigroup – As Good As it Gets?

Who would have thought that an almighty Citigroup (C ) would be taking out a sub-prime no-income verification $7.5 billion convertible preferred loan from Abu Dhabi?

Interview With Vitaliy Katsenelson by Philip Durell and Bill Mann

Interview With Vitaliy Katsenelson by Philip Durell and Bill Mann

In October, I had a great pleasure to be interviewed by two of my favorite Motley Fools: Philip Durell advisor to Motley Fool Inside Value newsletter and Bill Mann co-advisor to Motley Fool Hidden Gems newsletter.

Interviewed By George at Fat Pitch Financials

Interviewed By George at Fat Pitch Financials

I was interviewed by George who runs Fat Pitch Financials and Value Investing News.  George also reviewed my book.

Video Interview Apple – Dont Buy! Jackson Hewitt – Buy and my book

Video Interview: Apple – Don’t Buy! Jackson Hewitt – Buy and my book

In this fund video interview with TheStreet.com I talk about why I don't think Apple (AAPL) is a buy, why I love Jackson Hewitt (JTX) and my book Active Value Investing.  

Uncle Al

Uncle Al

I like Alan Greenspan, despite writing a critical article about him. It is hard not to admire the guy.

What we've learned

What we’ve learned…

If we learned anything over the last couple of months it is that we don't know the second and third derivative of how badly things will play out.

Jackson Hewitt an Opportunity

Jackson Hewitt an Opportunity?

Soon after we purchased Jackson Hewitt (JTX), offices of one of their franchisees was raided by the U.S. Justice Department; the franchisee was accused of falsifying tax returns for thousands of taxpayers.

Time to Be Downbeat About Wal-Mart

Time to Be Downbeat About Wal-Mart?

When I bought Wal-Mart (WMT) a bit more than a year ago, I wrote an article for Financial Times where I laid out my theses.

My Active Value Investing Book is out!

My Active Value Investing Book is out!

After a year and half, 2,000 hours of staring at my laptop, and much receded hairline, my book Active Value Investing (AVI): Making Money in Range-Bound Markets is done! 

The Feds Irresponsible Move

The Fed’s Irresponsible Move

The Federal Reserve under Mr. Greenspan’s leadership faced a tough decision in 2001. The post dot.com bubble had burst, the terrorist attacks followed and the economy was slipping into a recession.

Bad Decisions Were Ours

Bad Decisions Were Ours

The housing bubble that was fueled by multidecade low interest rates priced many people out of their dream homes.