Glenn Tongue - T2 Partners LLC
Glenn H. Tongue is a Managing Partner of T2 Partners LLC and the Tilson Mutual Funds. Mr. Tongue spent 17 years on Wall Street, most recently as an investment banker at UBS, where he was a Managing Director and Head of Acquisition Finance. Before UBS, Mr. Tongue was at DLJ for 13 years, the last three of which he served as the President of NYSE-listed DLJdirect. Prior to that he was a Managing Director in the Investment Bank at DLJ, where he worked on over 100 transactions aggregating more than $40 billion.
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Articles
Riding The Rally, Part Deux
Forbes - 03.09.10
When the S&P 500 fell to 677 and the Dow Jones industrial average hit 6,547 a year ago, investors were "about as fearful as we've ever seen them," says Glenn Tongue, managing partner of T2 Partners and Tilson Mutual Funds. "When that happens, they are paralyzed, or worse, they sell."
Berkshire Options Trading May Outpace Cemetery Firm
Business Week - 01.20.10
It’s going to be a much more heavily traded stock,” said Glenn Tongue, a partner at T2 Partners LLC, which owns Berkshire shares. “Burlington Northern comes out of the S&P 500. One can imagine Berkshire being considered for inclusion. That would be an important catalyst.”
Buffett Reins In Kraft, Recalling Coke's Retreat on Quaker Oats
Bloomberg - 01.06.10
“It’s unusual for Berkshire to put out any sort of comment like this publicly,” said Glenn Tongue, a partner at T2 Partners LLC, which holds investments in Omaha, Nebraska-based Berkshire and Kraft. Buffett’s opposition to a stock sale may prevent Kraft from overbidding, he said. “As a shareholder, I love seeing this,” he said.
Investors getting Berkshire Hathaway 10-Q wrong,
manager says
Examiner.com – 08.11.09
"The results were spectacular," said Glenn Tongue, whose partner is Whitney Tilson. "The stock price movement (since then) has been the inverse of spectacular."
Six ways to make money even in financial crisis
Commodity Online – 05.22.09
Added Glenn Tongue, "By applying the proven, timeless principles of value investing - the strategy pioneered by Ben Graham and Warren Buffett - savvy investors can avoid traps and profit from this downturn. Our book is intended to be a go-to resource for every investor, from the casual novice to the surefooted professional."
Videos
One Year Later: You Can Still Make Money But "It's Nowhere Near as Easy," Top Manager Says
Yahoo Finance - Tech Ticker 03.10.10
Interview and discussion with Glenn Tongue of the T2 Partners.
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Despite Obama's Best Efforts, Housing Prices Have Further to Fall, Says Glenn Tongue
Yahoo Finance - Tech Ticker 03.10.10
Tongue tells Aaron, in the accompanying clip, home prices still have another 5-10% to drop before hitting bottom. And, though he admits "a year ago the situation was a lot worse" he's still wary of investing in housing and financial stocks related to housing.
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The Difference A Year Makes
Bloomberg – 09.17.09
Interview and discussion with Glenn Tongue of the T2 Partners talking about the economy after Lehman's collapse a year ago.
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