Tandy Leather Factory, Inc. (NASDAQ:TLF)

Tandy Leather Factory, Inc. (NASDAQ:TLF)

Tandy Leather Factory, Inc. is an obscure retailer and wholesaler of leather products, but a hidden champion. It was started by Charles Tandy just after the end of World War II. Today, the company’s dominance of the leather crafting retail business in the U.S. is nearly total: Tandy is more than 10 times the size of its next nearest competitor, giving it the largest relative size advantage over its competitors of any retailer anywhere in the world.

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Ekornes ASA (EKO:NO)

Ekornes ASA (EKO:NO) March 2015

Ekornes ASA is a Norwegian furniture maker known for the Stressless recliner, the most comfortable chair in the world. It is one of the cheapest stocks we have written about in Singular Diligence. The extra hassle of having your broker make the trade may deter some readers from buying shares of Ekornes, but we believe that it is deserving of a close look.

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