Posted On December 9, 2020
I've been writing online for years, and "the curious case of PSTH's options" had, by far, the most engagement of any investment idea I've ever posted. Perhaps the idea is just that compelling (and I think it is rather compelling!), perhaps my other ideas have not been as compelling as I like to think (perish […]
Posted On December 7, 2020
This post is an update on last month's quick idea (and quick idea update) to buy Alaska Communications (ALSK) in anticipation of a bidding war. In general, I try not to post updates of ideas. But I've been getting a lot of inbounds on this one and (I'll be honest) I wanted to spike the […]
Posted On December 2, 2020
This is a little bit of a different thesis than what I normally post, but I think it's an edgy / actionable and I'd love feedback on it, so I figured I'd go ahead and post it. The idea? Buy Multiplan (MPLN; disclosure: long) because 1) it's cheap + misunderstood and 2) there's a significant […]
Posted On November 23, 2020
I've really enjoyed doing the Yet Another Value Podcast so far this year (you can find it on YouTube or any of your favorite podcast platforms, and if you like the podcast follows / good ratings / word of mouth recs are always appreciated!). But the podcast can be a bit of a double edged […]
Posted On November 6, 2020
This post is an update on last week's ALSK "quickie" idea. A “quickie” idea is a series I do on an irregular basis where I write up an investment specific idea that I’ve been mulling over and find interesting, but haven’t dove fully into yet. The hope is to provide the jumping off point for a discussion […]
Posted On November 3, 2020
This post is another in a series I 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 is to provide the jumping off point for a discussion of an idea I find extremely interesting right now, as […]
Posted On November 2, 2020
This weekend, news broke that Stonepeak is buying Astound for $8.1B. Bloomberg reports that the deal values Astound at ~$8k/broadband sub; based on my math, I think the deal values Astound at ~13x EBITDA but I have not seen the financials personally and I could be a turn or three off. The deal is interesting […]
Posted On October 30, 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 October 29, 2020
Updates on two of my favorite ideas to end the month! IAC and GTX (disclosure: in bankruptcy, buyer beware)
Posted On October 23, 2020
This post is another in a series I 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 is to provide the jumping off point for a discussion of an idea I find extremely interesting right now, as […]
