Carriage services announces closing of senior notes offering and new intrinsic value roughly right range

Houston, may 13, 2021 (globe newswire) -- carriage services, inc. (nyse: csv) (“carriage services” or the “company”). mel payne, chairman and ceo, issued the following statement: i have been waiting almost thirty years to write a press release like this one. everything from this point on should be considered my personal yet educated opinion about various aspects of carriage and “mr. market,” the famous allegory created by investor benjamin graham to describe what he believed were the irrational or contradictory traits of the stock market and the risk of following groupthink. mr. market was first introduced in his 1949 book, the intelligent investor , and its most famous practitioner is warren buffett. my favorite book on investing and human nature remains, “ seeking wisdom: from darwin to munger ,” written by the swedish investor peter bevelin in 2005, who observed and studied the philosophy of charlie munger and concluded that his “simplicity and clarity of thought” was unequal to anything bevelin had seen before.
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