Wednesday (2/24/2016)

Slide Deck - The Howard Hughes Corp. (HHC)

Multiple reports: CBRE & Colliers International
The Woodlands
Houston
Las Vegas

Tuesday (2/23/2016)

Annual Reports:
2010 The Howard Hughes Corp. (HHC)
2011 The Howard Hughes Corp. (HHC)

Phone Call - 45 minutes - HHC

Monday (2/22/2016)

Filings:
Q3-2015 10-Q The Howard Hughes Corp (HHC)

Investor Presentation:
Q3-2015 HHC

Friday (2/19/2016)

Annual Report:
2014 20-k  - Fresenius Medical Group (FMS)

Phone Call:
1.5 hr - Fresenius Medical Group (FMS)

Other:
2015 Alliance Bernstein FMS Report
S&P 2/2016 Refinance Report

Thursday (2/18/2016)

Transcripts:
Q3 2015 - Fresenius Medical Group (FMS)
Q2 2015 - Fresenius Medical Group (FMS)
Q1 2015 - Fresenius Medical Group (FMS)

Presentations:
January 16, 2016 - Fresenius Medical Group (FMS)

Other:
Moody's Outlook (2/18)

Wednesday (2/17/2016)

Press Releases:

Q3 2015  - Fresenius Medical Group (FMS)

Q2 2015 - Fresenius Medical Group (FMS)

Q1 2015 - Fresenius Medical Group (FMS)

Annual Reports:

2014 Annual Report - Fresenius Medical Group (FMS)

Other:

Moody's Outlook

Tuesday (2/16/2016)

Phone Calls:
1 hr. - Markel Corp. (MKL)

Annual Reports:
2014 Markel Corp. (MKL)

Monday (2/15/2016)

Filings:
Q3/2015 Markel 10-Q

Investor Presentation:
2015 Markel Corp. (MKL)

Friday (2/12/2016)

Annual Reports:
2008 Annual Report - Visa Inc. (V)

Thursday (2/11/2016)

Transcripts:
5/27/2015 Sanford Bernstein  - Visa Inc. (V)

Q4/2015  - DaVita Healthcare Partners Earnings (DVA)

Filing:

Q4/2015  - DaVita Healthcare Partners Earnings (DVA)

Wednesday (2/10/2016)

Transcripts:
Q4 2012 - Visa Inc. (V)
11/19/2013 UBS - Visa Inc. (V)

3/5/2014 Morgan Stanley - Visa Inc. (V)

9/23/2014 Jeffries - Visa Inc. (V)

3/24/2015 Barclays  - Visa Inc. (V)
5/19/2015 JP Morgan  - Visa Inc. (V)

Filings:
Q4/2015 10-Q -- Markel Corp. (MKL)

Other:
2015 (for yr 2013) "World Payments Report"

Tuesday (2/9/2016)

Transcripts:
Q1 2011 - Visa Inc. (V)
Q2 2011 - Visa Inc. (V)
Q3 2011 - Visa Inc. (V)
Q4 2011 - Visa Inc. (V)
Q1 2012 - Visa Inc. (V)
Q2 2012 - Visa Inc. (V)
Q3 2012 - Visa Inc. (V)

Monday (2/8/2016)

Annual Reports:
2014 Annual Report - MasterCard (MA)

Phone Call:
MasterCard  - 45 minutes (MA)

Other:
Read Sequoia Fund - All MA comments from transcripts

Thursday (2/4) & Friday (2/5)

Data input - Visa & MA

Wednesday (2/3/2016)

Transcripts:
Q3 2010 - Visa Inc. (V)
Q4 2010 - Visa Inc. (V)

Annual Report:
2014 Visa Europe - Visa Inc. (V)

Tuesday (2/2/2016)

Transcripts:
Q2 2010 - Visa Inc. (V)
Q1/2016  - Visa Inc. (V)

Q1 2016 Presentation - Visa Inc. (V)

Annual Reports:
2015 Annual Report - Visa Inc. (V)

Phone Conversation
Visa - 45 minutes

Monday (2/1/2016)

Transcripts: (7)
Q3 2008 - Visa Inc. (V)
Q4 2008 - Visa Inc. (V)
Q1 2009 - Visa Inc. (V)
Q2 2009 - Visa Inc. (V)
Q3 2009 - Visa Inc. (V)
Q4 2009 - Visa Inc. (V)
Q1 2010 - Visa Inc. (V)

January: Summary

Annual Reports:                                11
Calls with Companies:                       5
Corporate Filings:                              20
Conference Call Transcripts:             19

Friday (1/29/2016)

Phone Call:

Call with - DaVita (DVA) - 30 mins.

Annual Reports:
2013 Annual Report - Howard Hughes Corp. (HHC)

Thursday (1/28/2016)

Meetings:
Meeting w/ Financial & RE Company (2.5 hours) - HHC

**Worked on Valuation

Wednesday (1/27/2016)

Filings:
Q3 2015 - Howard Hughes Corp (HHC)
2015 Investor Presentation - Howard Hughes Corp. (HHC)


Annual Reports:
2014 Annual Report - Howard Hughes Corp. (HHC)

Tuesday (1/26/2016)

Filings:
S-4/Proxy -- LiLAC (LILA) & Cable&Wireless (CWC.L) - 410 pages

Annual Reports:
2014/5 Annual Report - Cable & Wireless (CWC.L)

Monday (1/25/2016)

Transcripts:
Q2 2012 Union Pacific (UNP)
2013 Investor Conference - Union Pacific (UNP)

Annual Reports:
2014 Annual Report - Union Pacific (UNP)

Friday (1/22/2016)

Filings:
Q1 2014 Union Pacific (UNP)
Q2 2014 Union Pacific (UNP)
Q3 2014 Union Pacific (UNP)
Q4 2014 Union Pacific (UNP)
Q1 2015 Union Pacific (UNP)
Q2 2015 Union Pacific (UNP)
Q3 2015 Union Pacific (UNP)
Q4 2015 Union Pacific (UNP)

Thursday (1/21/2016)

Newspapers:
Wall Street Journal (x2)

Phone Conversation:
1 Hour phone conversation w/ "Media" investment company
(wrote notes afterwards)

Wednesday (1/20/2016)

Transcripts:
Dec 2015 Merrill Lynch - SiriusXM (SIRI)
Jan 2016 Citigroup - SiriusXM (SIRI)

Filings:
Q3 2015 Liberty Media (LMCA/B/K)
S-4 Filing (dated 12/22/2015) LMCA
2014 Annual Report - Liberty Media (LMCA/B/K)

Tuesday (1/19/2016)

Transcripts
Q2/2015 - SiriusXM (SIRI)
Morgan Stanley TMT 2015 Conference - SiriusXM (SIRI)
Merrill Lynch TMT Conference 2015 - SiriusXM (SIRI)
Goldman Sachs Communacopia - SiriusXM (SIRI)
Q3/2015 - SiriusXM (SIRI)

Annual Reports:
2009 - SiriusXM (SIRI)

Monday (1/18/2016)

Transcripts:
Q2/2014 - SiriusXM (SIRI)
Morgan Stanley 2014 Conference - SiriusXM (SIRI)
Merrill Lynch 2014 TMT Conference - SiriusXM (SIRI)
Q3/2014 - SiriusXM (SIRI)
September 2014 Merrill Lynch - SiriusXM (SIRI)
Q1/2015 - SiriusXM (SIRI)

Presentations
2014 Liberty Media (LMCA) Investor Day (includes SIRI, LYV)
2008 Sirius Annual Meeting (SIRI)

Friday (1/15/2016)

Transcripts:
Q1/2014 SiriusXM Earnings Call
Jan 6, 2016 - Citi Conference - SiriusXM (SIRI) & David Frear

Thursday (1/14/2016)

Newspaper:

1/13 - Wall Street Journal (WSJ)

1/14 - Wall Street Journal (WSJ)

Filings:

Q1/2014 SiriusXM (SIRI) Press Release on Earnings

Q2/2014 SiriusXM (SIRI) Press Release on Earnings

Q3/2014 SiriusXM (SIRI) Press Release on Earnings

Q4/2014 SiriusXM (SIRI) Press Release on Earnings

Q1/2015 SiriusXM (SIRI) Press Release on Earnings

Q2/2015 SiriusXM (SIRI) Press Release on Earnings

Q3/2015 SiriusXM (SIRI) Press Release on Earnings

Wednesday (1/13/2016)

Newspaper:
1/11 Wall Street Journal (WSJ)
1/12 Wall Street Journal (WSJ)

Transcripts:
Jan 6, 2016 - SiriusXM (SIRI) @ Citi Conference

Filings/Releases:
Q3/2015 - SiriusXM (SIRI) Earnings

Annual Reports:
2014 SiriusXM (SIRI) Annual Report

Book:
25 pages - Cable Cowboy (John Malone) + notes

Tuesday (1/12/2016)

Filings:
CWC & LiLAC (LILA) merger filings

Other:
Worked on "New CWC & LiLAC" valuation
RBC Capital  - LILA report

Monday (1/11/2016)

Newspaper:
1/5 Wall Street Journal (WSJ)
1/6 Wall Street Journal (WSJ)
1/7 Wall Street Journal (WSJ)
1/8 Wall Street Journal (WSJ)
1/9-1/10 Wall Street Journal (WSJ)

Phone Conversation:
30 minute phone conversation w/ "Media TMT" company

Annual Report:
2014 Cable & Wireless (CWC.L)

Friday (1/9/2016)

Phone Conversation:
1 hour phone conversation w/ "Real Estate" investment company

Filings:
1H Cable & Wireless (CWC.L) Financial Report (not SEC, under IFRS reporting)

Notes:
Went through 2012/2013/2014/2015 Cable & Wireless (CWC.L) Annual Report --> copied financial information for review

Thursday (1/8/2016)

Book:
22 pages: Cable Cowboy (John Malone)

Other:
Worked on VTR & Liberty Puerto Rico ("LILA") valuation
Updated Q3/2015 LiLAC financials
Transcribed full notes from 2 conversations with "LILA" investor relations
RBC Capital "LILA" & "CWC" Analyst Reports

Wednesday (1/6/2016)

Filings:
Q3/2015 ---- Liberty Global/LiLAC Press Release
Q4/2014 --- 10-K
Q3/2015 ---VTR 10-Q / Press Release

Transcripts:
Q3/2015 ---- Liberty Global/ LiLAC

Tuesday (1/5/2016)

Presentations:
LiLAC (LILA/LILAB/LILAK) - Investor Presentation 2015
BNSF - 2014 Annual Review Presentation

Filings:
Q4/2014    BNSF

Annual Reports:
2014         BNSF

Book:
17 pages: Cable Cowboy (John Malone) -- Intro + Ch. 1

Monday (January 4, 2016)

Newspaper:
Wall Street Journal (WSJ)

Annual Reports:
2008 BNSF Burlington Northern