Posted On July 31, 2020
Some random thoughts on articles that caught my attention in the last month. Note that I try to write notes on articles immediately after reading them, so there can be a little overlap in themes if an article grabs my attention early in the month and is similar to an article that I like later […]
Posted On July 30, 2020
Last week, I said SPACs were the most ludicrous bubble we'll ever see. In less than 10 days, I may be forced to eat my words because Kodak's current run certainly tops any SPAC for craziness. Better people than me have already touched on how ridiculous Kodak is. This piece from Epislon theory is a […]
Posted On July 29, 2020
Late last night someone on Twitter semi-jokingly said there were a bunch of good fintwit podcasts out there recently, and I should throw some more fuel on the fire. Well, be careful what you wish for, because I couldn’t get the idea out of my head. So I’m happy to announce I’m launching the Yet […]
Posted On July 27, 2020
This post is another in a series I plan do on an irregular basis. A “quickie” idea is an investment specific idea that I’ve been mulling over and find interesting, but haven’t dove fully into yet. The hope with this particular idea is to provide the jumping off point for a discussion of an idea I […]
Posted On July 23, 2020
Probably not a sale candidate (yet), but a double or more if and when it happens.
I’ve been debating writing this company up for the premium site for a while. On a risk/reward basis, this company is my favorite idea: it’s in a sector I know and love, it’s a huge beneficiary of COVID / work from home, and I think the stock is screamingly cheap.
However, the company is rather levered, smaller, and has been written up elsewhere a few times, so I’ve been hesitant to put them on the premium blog. However, recent events have changed that: an unlikely potential catalyst has emerged, and if it comes to pass shares could easily more than double in a very short time frame. Given that, I felt it would be a disservice not to write them up.
Plus, I’ve written so many ideas this month I figured you wouldn’t hold it against me if I added one more that had already been written a bit elsewhere!
Posted On July 22, 2020
There are a lot of things about financial markets that confuse me these days. For example, I'm confused by the pricing of a bunch of consumer experience type stocks (high end restaurants, movie theaters, etc.).
Posted On July 16, 2020
Twitter is probably the most interesting company in the world today. I mean that from both a strategy perspective and from an investment perspective. From a strategy perspective, I'm not sure there's ever been a company created so much value for its users and captured so little for itself (I liked the chart below from […]
Posted On July 13, 2020
One idea and four updates.
Posted On July 9, 2020
Back in 2012, Facebook bought Instagram for $1B. It's truly one of the greatest acquisitions of all time: today, Instagram is probably worth >200x what Facebook paid for it; in addition, buying Instagram destroyed a potential Facebook competitor, handicapped another (Twitter), and accelerated Facebook's mobile strategy.
Posted On July 6, 2020
NKLA is a speculative bubble, but here's a way to play the bubble for free.