Word: shrager
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Dates: during 2000-2009
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...size and pricing could change the travel industry. One of these fledgling hoteliers is Sinclair Beecham, co-founder of the U.K.'s Pret A Manger sandwich-shop chain, who last autumn opened the 205-room Hoxton Hotel, which he calls an "urban lodge," in London. Urban lodge? Unlike a Shrager-inspired boutique hotel, where cool, sleek design often comes off cold, Hoxton Hotel has the homey comforts of a rural inn. Yet, says Beecham, "It's got concrete floors, exposed columns and exposed ceilings - it's very urban." Simon Woodroffe, owner of the YO! Sushi restaurant chain, is taking...
...permanent decline--or the first sign of true recovery? to paraphrase Winston Churchill, the rise in Japan's market may not signal the end of the country's troubles, nor the beginning of the end. But it may be the end of the beginning of its turnaround. As Tom Shrager, co-manager of Tweedy, Browne Global Value Fund, puts it, "Everything you hear about Japan you should consider in slow motion, because it moves so sluggishly." With that caveat, here are some reasons to be cheerful...
Cundill, who runs Ivy Cundill Global Value Fund, is hooked on Nintendo. The maker of Game Boy, says Cundill, has a "pristine balance sheet." among lesser-known stocks is Takeda Chemical, a pharmaceutical maker that "allocates capital intelligently," says David Herro, manager of Oakmark International Fund. Tweedy, Browne's Shrager likes Eisai Co., another drug company, which he reckons is trading 30% to 40% cheaper than the shares of leading U.S. drugmakers...