Nelnet: Attractive Valuation At A Large Discount To Intrinsic Value

Group 1 - The management team of Nelnet (NYSE: NNI) has demonstrated a strong historical track record of smart capital allocation, resulting in a book value growth at a 10% CAGR over the last 10 years [1] - The focus is on undercovered companies, with a watchlist of over 50 companies across technology, software, electronics, and energy transition sectors [1] - The analysis aims to identify asymmetric investment opportunities to achieve market-beating returns, particularly in small to mid-cap companies that are less researched [1] Group 2 - The author has a beneficial long position in the shares of NNI, indicating confidence in the company's future performance [2] - The article expresses personal opinions and is not influenced by compensation from any company mentioned [2]