Boston Omaha: Management Can Continue Growing Intrinsic Value

Group 1 - The core thesis of the article is that Boston Omaha's management is highly capable in capital allocation, which has resulted in a slight stock appreciation of 6% since the last analysis [1] - The author expresses a focus on value investing, particularly in emerging markets, and admires renowned investors like Li Lu and Peter Lynch [1] - The investment philosophy emphasizes an owner-mindset while largely ignoring macroeconomic noise, indicating a preference for long-term value over short-term market fluctuations [1] Group 2 - The article reflects a shift towards an Austrian economic perspective, influenced by the works of Henry Hazlitt, Friedrich Hayek, and Ludwig Von Mises [1] - The author highlights the importance of maintaining an investment journal to track past successes and learn from failures, which serves as a tool for self-assessment and public accountability [1]