Bud Labitan

Bud Labitan

Managing Partner, Labitan Partners LLC

Greater Chicago Area

Current
  • Managing Partner at Labitan Partners LLC
  • Chief Investment Officer at Labitan Partners, LLC ( budlabitan@aol.com )
  • Investor, Physician, Software Designer, Polymath at www.frips.com
Past
  • MBA at Purdue University Calumet School of Management
Education
  • Purdue University Calumet
  • AUC School of Medicine
  • Indiana University Bloomington
Connections
452 connections
Industry
Investment Management
Websites

Bud Labitan’s Summary

What can I do for you? Can I help you connect with other people, manage a portion of your investments, discuss ideas, or just provide an objective opinion? You can email me at ( budlabitan@aol.com ). Together, we can structure win-win situations for ourselves and for others in this world. With integrity and patience, we can also earn superior profits by carefully evaluating facts and continuously exercising discipline.

I recently released a book called "The Four Filters Invention of Warren Buffett and Charlie Munger." It is available for purchase from www.frips.com

I have been a steelworker, student, medical doctor, county board of health member, medical director, and a software developer. In 2003, I earned my MBA, and started a career in intrinsic value investing. This was formalized as an Private Equity LLC in 2004.

Labitan Partners is a small private investment firm in Northwest Indiana. I specialized in the study of Benjamin Graham, Warren Buffett, and Charles Munger. And, I try to exercise discipline in each purchase decision. More information about me is available at www.frips.com

Pictures from the BRK annual meeting in Omaha are posted here:
http://groups.msn.com/BerkshireHathawayShareholders/johngartmann.msnw
and it has a page 2.

Bud Labitan’s Specialties:

Company Information:
http://www.frips.com/labitanllc.htm

I also provide a free piece of software for windows xp for performing basic company research over the internet. It is completely safe because I built it myself and stand behind it. You may download a copy at http://www.frips.com/budlab.exe

I have posted articles on best practices in value investing here:
http://www.gurufocus.com/news.php?author=Bud+Labitan


Bud Labitan’s Experience

  • Managing Partner

    Labitan Partners LLC

    (Investment Management industry)

    January 2004Present (4 years 7 months)

    How do we overcome our conventional tendencies when framing our investment decisions? Elaborate! The Elaboration Effect refers to the inhibition of common framing effects when decision makers are asked to elaborate their decision making process. The process of elaboration appears to work because one allows himself or herself to eliminate less than optimal choices. Buffett has always told students to be able to "explain why you are buying a stock." In my view, Warren Buffett knew the benefits of practicing "the elaboration process/effect" when framing a decision long before Satoshi Fujii & Kazuhisa Takemura wrote about it in their 2003 Behavioral Finance paper.

  • Chief Investment Officer

    Labitan Partners, LLC ( budlabitan@aol.com )

    (Investment Management industry)

    January 2004Present (4 years 7 months)

    Chief Investment Officer

  • Investor, Physician, Software Designer, Polymath

    www.frips.com

    (Privately Held; Venture Capital & Private Equity industry)

    June 1998Present (10 years 2 months)

  • MBA

    Purdue University Calumet School of Management

    (Educational Institution; 51-200 employees; Education Management industry)

    August 2001May 2003 (1 year 10 months)

    MBA Student


Bud Labitan’s Education

  • Purdue University Calumet

    MBA, Management and Finance, 20012003

  • AUC School of Medicine

    MD, Medicine, 19841987

  • Indiana University Bloomington

    BS, Biological Sciences, 19781982


Additional Information

Bud Labitan’s Websites:

Bud Labitan’s Interests:

Intrinsic Value Investing contact: budlabitan@aol.com Greg Binning and I have combined his open-sourced vb code and my investing workbook into a free software application called archbot. The new open-source A.I. software for Windows XP provides over 2000 simulated Warren Buffett responses in basic sensible investing. We welcome comments and volunteers who are motivated to enhance and make this free project even better. All the files, including support and source code are in one big download here: http://rapidshare.com/files/77121575/installarchbot.exe.html

Bud Labitan’s Groups:

TopLinked.com
Open-source A.I. Archbot Architecture Software Development:
http://rapidshare.com/files/77121575/installarchbot.exe.html

  •    Blue: The DallasBlue Business Network member
  •    Basho Technologies member
  •    Linked n Chicago member
  •    Six Degrees (Staffing Only) member
  •    Private Equity and Venture Capital Group member
  •    Purdue University Calumet MBAE Alumni member
  •    End Alienation & Innovate Peace member
  •    Book Publishing Professionals member
  •    Value Investors Network member
  •    HARO--Help A Reporter Out member

Bud Labitan’s Honors:

Fellow, American Academy of Family Physicians in 1998
Article: "Investing Best Practice, The Elaboration Effect"
http://www.gurufocus.com/forum/read.php?2,3051,3051


Bud Labitan’s Contact Settings

Interested In:

  • career opportunities
  • consulting offers
  • new ventures
  • job inquiries
  • expertise requests
  • business deals
  • reference requests
  • getting back in touch

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