Street Capitalist: Event Driven Value Investments

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Street Capitalist: Event Driven Value Investments

More with Less: Air Combat

I’m always fascinated by articles that explain how people are able to achieve odds-defying feats. Think about it, this was a commander with 200 soldiers and a few $20K missiles that managed to down $60M worth of US equipment:

November 21, 2005: The Serbian battery commander, whose missiles downed an American F-16, and, most impressively, an F-117, in 1999, has retired, as a colonel, and revealed many of the techniques he used to achieve all this. Colonel Dani Zoltan, in 1999, commanded the 3rd battery of the 250th Missile Brigade. He had search and control radars, as well as a TV tracking unit. The battery had four quad launchers for the 21 foot long, 880 pound SA-3 missiles. The SA-3 entered service in 1961 and, while it had undergone some upgrades, was considered a minor threat to NATO aircraft. Zoltan was an example of how an imaginative and energetic leader can make a big difference. While Zoltan’s peers and superiors were pretty demoralized with the electronic countermeasures NATO (especially American) aircraft used to support their bombing missions, he believed he could still turn his ancient missiles into lethal weapons. The list of measures he took, and the results he got, should be warning to any who believe that superior technology alone will provide a decisive edge in combat. People still make a big difference. In addition to shooting down two aircraft, Zoltan’s battery caused dozens of others to abort their bombing missions to escape his unexpectedly accurate missiles. This is how he did it:

Air Defense (Strategy Page)

Click the link to read the steps that Zoltan took to take on the F-17.

Category: Mental Models

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About Me

My name is Tariq Ali, I run Street Capitalist. I recently graduated from the University of Texas at Austin. There, I stumbled onto value investing via the school library. I read everything I could and now I'm here, writing out my thoughts and investment ideas.


I have a lot of heroes when it comes to investing, it seems like every investor has some kind of niche. Some, whose books and writings have had the biggest impact on me are: Warren Buffett, Benjamin Graham, Joel Greenblatt, Seth Klarman, and George Soros.


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