Regarding my coverage on Alliance Resource Partners (ARLP) from March 2016, I came across an interesting artice by Tobias Carlisle (famous value investor and book author) from „The Acquirer´s Multiple“. The article can be found here on Valuewalk.com and here on Carlisle´s webpage.

The article shares a lot of ideas with my own research highlighting the operational excellence of ARLP.

Hope you will enjoy reading it.

Best regards,