
Ponzis Go Boom!!!
For the past few years, I have been critical of the Ponzi Sector. To me, these are businesses that sell a dollar for 80 cents and hope to make... Read More
For the past few years, I have been critical of the Ponzi Sector. To me, these are businesses that sell a dollar for 80 cents and hope to make... Read More
Yeah, yeah. I know. The ticker has changed and it’s no longer SHLL as the merger got approved. Then again, I’m a fan of word-plays and nothing works with... Read More
Before I start, it’s worth putting things into perspective here. In the fall of 2018, I made a call on natural gas (mostly based on the same thesis expounded... Read More
Roughly a month ago on the afternoon of Sunday, March 8th, Fed Chairman Powell had an emergency staff meeting. Q1 2020 hedge fund letters, conferences and more geralt / Pixabay Powell: I... Read More
Quick housekeeping note: I’ll be in Orlando for ICR from January 12 to 15. If you’re attending and would like to chat stocks, please email me at [email protected] Q4... Read More
On Tuesday I wrote about thesis creep from the short sellers in Health Insurance Innovations (HIIQ – USA). At the time, I thought I was paying around five times... Read More
Investing is all about probabilities. If the perceived odds of an event are high, certain securities will be priced based on those expected probabilities. The corollary is that when... Read More
For my entire career, I have closely watched the Global Micro Trends I’m invested in (I have a new term and I intend to abuse it—sorry). I have to... Read More
I know, I know, you’re sick of hearing about my vacation. Don’t worry, I’m not sharing vacation pics again. Rather, I want to talk about what I “discovered” in... Read More
We have a lot of new readers here, so let me reiterate the house rules. Q3 2019 hedge fund letters, conferences and more Stevebidmead / Pixabay I am not your financial... Read More
Let me cut to the chase; I won a few along the way, but Elon Musk clearly won this most recent battle. Q3 2019 hedge fund letters, conferences and more Blomst... Read More
Nine months ago, I began writing quite regularly about shipping (first article, second article, third article, fourth article). The thesis was simple; there was a dearth of new orders,... Read More
Miami has a highly cyclical property market where the magnitudes of the booms and busts dwarf anywhere else in the country. In my experience, trends in Miami real estate... Read More
I pride myself in being a contrarian. When someone tells me that something positively cannot happen, I immediately wonder what security is mispriced if there’s even a 1% chance... Read More
Last night, I had drinks with my good buddy Mike “Mr. Uranium” Alkin. As you can guess, we talked a lot about Mike’s favorite topic; uranium. Q2 hedge fund letters,... Read More
Kuppy, Now we know why Tesla never bothered to put those solar panels up on the Giga-factory roof. Didn’t want to burn down his own facility. HAHA Q2 hedge fund letters,... Read More
A few weeks back, I wrote about “long-shorts.” These are companies that see their businesses improve when the overall economy deteriorates. I’m increasingly convinced that we’re about to see... Read More
Longtime readers of this site know that I try to avoid making big stock market calls as I feel that I have no edge there. An overvalued market perched... Read More
“Yo Kuppy!! I’ve been working this order for 5 million shares for the past two months, I have 400k left. Gonna print em in the hole ‘cause it’s end... Read More
Given the amount of time I’ve spent talking about Tesla Inc (NASDAQ:TSLA) on this site, I’d be remiss if I didn’t point out that I materially changed my position... Read More
In the fall of 2017, I spent 2 wonderful weeks in Greece (Part 1, Part 2, Part 3). I ate great food, drank a bit too much ouzo and... Read More