Herzfeld Caribbean Basin Fund, Inc.

• The Johnny Depp of Closed-End Funds Talks CUBA (part 9)

  By Nick Slepko - October 6, 2012 | Tickers: GRMN, SAB, CUBA

  Closed-end fund guru Tom Herzfeld discusses Cuba and his most popular fund, the Herzfeld Caribbean Basin Fund (NASDAQ: CUBA).

  [Continued from part 8]

  Slepko:  One of your other Mexican companies, Grupo Casa Saba (NYSE: SAB), seems like it could take advantage of US companies being allowed to sell pharmaceuticals and medical-related items.

  Herzfeld:  Our position in Casa Saba began when I met one of its principals and had a good more »

• The Johnny Depp of Closed-End Funds Talks CUBA (part 8)

  By Nick Slepko - October 5, 2012 | Tickers: ASR, RC, TV, CUBA, MSF

  Closed-end fund guru Tom Herzfeld discusses Cuba and his most popular fund, the Herzfeld Caribbean Basin Fund (NASDAQ: CUBA).

  [Continued from part 7]

  Nick Slepko: How about Grupo Aeroportuario del Sureste (NYSE: ASR)?  They run several airports in southern Mexico, and their stock has done well even during the recession.  How did they get on your radar? 

  Tom Herzfeld: We got them as a result of an arbitrage.  It was more »

• The Johnny Depp of Closed-End Funds Talks CUBA (part 7)

  By Nick Slepko - October 5, 2012 | Tickers: CIB, CUBA, MTZ, PSMT, WMMVY.PK

  Closed-end fund guru Tom Herzfeld discusses Cuba and his most popular fund, the Herzfeld Caribbean Basin Fund (NASDAQ: CUBA). 

  [Continued from part 6] 

  Nick Slepko:  Do you have any investments in Cuban-American public companies?

  Tom Herzfeld:  Cuban-American or not, Mastec (NYSE: MTZ) is a great company by most metrics.  The company’s founder Jorge Mas Canosa was a very prominent Cuban-American leader…Mastec was one of our earlier holdings.  I more »

• The Johnny Depp of Closed-End Funds Talks CUBA (part 6)

  By Nick Slepko - October 5, 2012 | Tickers: AMX, CX, FMX, CUBA, WSO

  Closed-end fund guru Tom Herzfeld discusses Cuba and his most popular fund, the Herzfeld Caribbean Basin Fund (NASDAQ: CUBA).

  [Continued from part 5]

  Slepko:  How do politics figure into your Cuba outlook?

  Herzfeld: Well, I believe if President Obama is re-elected, then whatever chances there are of the embargo being lifted are better than if Governor Romney wins. Others seem to agree with that assessment. I noticed our stock had more »

• The Johnny Depp of Closed-End Funds Talks CUBA (part 5)

  By Nick Slepko - October 4, 2012 | Tickers: CWCO, CUBA, HXM, LEN

  Closed-end fund guru Tom Herzfeld discusses Cuba and his most popular fund, the Herzfeld Caribbean Basin Fund (NASDAQ: CUBA).

  [Continued from part 4] 

  Nick Slepko: By all reports, housing in Cuba is in the toilet, and their toilets are in even worse shape.  What’s your take on Cayman Islands-based water utility Consolidated Water (NASDAQ: CWCO)?

  Tom Herzfeld:  Consolidated Water is a very interesting company, but they’ve had a more »

• The Johnny Depp of Closed-End Funds Talks CUBA (part 4)

  By Nick Slepko - October 4, 2012 | Tickers: FCX, CUBA, S, TAHO, ULTR

  Closed-end fund guru Tom Herzfeld discusses Cuba and his most popular fund, the Herzfeld Caribbean Basin Fund (NASDAQ: CUBA).

  [Continued from part 3]

  Tom Herzfeld:  Now that Trailer Bridge is out of the picture, we’re actively searching for shippers with shallow-draft vessels that meet our investment criteria.  Recently, I haven’t been too impressed with the performance of our holding in Ultrapetrol Bahamas (NASDAQ: ULTR), but as I look more »

• The Johnny Depp of Closed-End Funds Talks CUBA (part 3)

  By Nick Slepko - October 4, 2012 | Tickers: GTMAY.PK, CUBA, RA, SEB, TE

  Closed-end fund guru Tom Herzfeld discusses Cuba and his most popular fund, the Herzfeld Caribbean Basin Fund (NASDAQ: CUBA).

  [Continued from part 2]

  Nick Slepko:  How did you end up a boat person – which is to say, how did you end up in Florida? 

  Tom Herzfeld: I went to a textile engineering school because my family was in apparel manufacturing, and since I was an only child my parents said more »

• The Johnny Depp of Closed-End Funds Talks CUBA (part 2)

  By Nick Slepko - October 3, 2012 | Tickers: CCL, CPA, CUBA, JBLU, RCL

  Closed-end fund guru Tom Herzfeld discusses Cuba and his most popular fund, the Herzfeld Caribbean Basin Fund (NASDAQ: CUBA).

  [Continued from part 1]

  Nick Slepko:  Tell me more about the cruise lines and their relationship with the Caribbean and Cuba in particular.

  Tom Herzfeld:  The cruise lines don’t talk about Cuba even though it’s a major factor in their business plans…One interesting bit of history is that more »

• Investing in Cuba: Canada Colludes with Vampires & Zombies

  By Nick Slepko - October 3, 2012 | Tickers: FCX, CUBA, OMX, S, MOS

  [continued from “Investing in Cuba: Cigars, Rum, & the Fortune 500”]

  The future of Cuba does not bode well for foreign companies already established on the island.  Like Juan of the Dead (2011), Cuba’s first horror film (and most expensive private production to date), undead claims will rise and infect the island until they have devoured all of its nascent vitality.  Reviewers note that in the zom-com, “Hilariously, throughout the more »

• The Johnny Depp of Closed-End Funds Talks CUBA

  By Nick Slepko - October 3, 2012 | Tickers: FRCL, CUBA, STNR, VRTS

  Like the passionate, talented, and independent-minded Johnny Depp, whose Caribbean franchise success is well-known, there is so much more to Tom Herzfeld, the world’s leading expert on closed-end funds.  Since 1984, he has chaired Thomas J. Herzfeld Advisors, Inc. – the first investment management firm specializing in closed-end funds.  Similar to Depp, Herzfeld has done well by being judicious in his choice of partners and selective in the interests he more »