Tag Archives: HBB stock

A Strong Start To 2019 For Pabrai’s Spinoff Portfolio – Q1 Update

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Mohnish Pabrai may be best known to the world for his hedge fund or for his books such as The Dhando Investor, but on this site it’s for his relatively new Spinoff Portfolio. Unfortunately, despite strong backtested results, 2018 was a rough year for the portfolio. Four of out five names finished in negative territory for the year,… Read More »

Everything But the Kitchen Sink – NACCO to Spin Off Hamilton Beach Kitchen Appliance Division

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NACCO Industries (NC) announced Monday that it has filed with the SEC regarding “a proposed spin-off… of its housewares-related business to NACCO shareholders.” Remaining in the company would be its mining business — I guess there just isn’t a market for coal-powered blenders. From the press release: Hamilton Beach Brands Holding Company, as an independent public company, will… Read More »