Posted On January 13, 2021
Hi subs, Before we get to the updates- first, thank you so much for subscribing to the premium site! Second, a quick housekeeping. This month’s housekeeping has three parts: I mentioned it in my 2021 vision, but my goal for the premium site is simple: 2 posts/month (24 posts a year). One of the monthly […]
Posted On January 13, 2021
I've had three connected thoughts sort of floating around my head recently. I've talked about how obsessed I've been with Peloton (the app) recently, and that got me interested in revisiting the stock. As part of that, I reread Implied Expectation's (excellent) Peloton write up. This line (you won't share the confidence unless you own […]
Posted On January 7, 2021
Earlier this week, I posted my "state of the markets" for 2021. The summary was that, while I see several pockets of excess / exuberance, I see plenty of dislocations and opportunities. Towards the end of the post, I mentioned that I wanted to spend some time navel-gazing about how I wanted to evolve the Yet […]
Posted On January 6, 2021
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 January 5, 2021
Yesterday, I posted my "state of the markets" for 2021. The summary was that, while I see several pockets of excess / exuberance, I see plenty of dislocations and opportunities. Towards the end of the post, I mentioned that I wanted to spend some time navel-gazing about how I wanted to evolve the Yet Another […]
Posted On January 4, 2021
In 2000, the tech bubble collapsed. The next 2.5 years were a disaster for stocks in general; the S&P 500 shed about half its value and the Nasdaq dropped even more. But it was a super fertile time for value investors; sectors that had been left for dead saw huge increases as speculative money dried […]
Posted On December 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 December 30, 2020
I've spent a lot of time on BMY's CVR (BMY-R or BMYRT) over the past few years. On top of endlessly disclosing that CVRs are insanely risky and nothing on this blog or anything else I do is ever investing advice (a disclosure I will reiterate here, as well as noting nothing on here is […]
Posted On December 30, 2020
This is part 2 of my predictions for 2021. Part 2 centers on my non-SPAC predictions; you can find part 1, which focused on SPACs, here. Cable One (CABO) massively underperforms its cable peers Cruise stocks have a rough 2021 Free Radical media companies finally start to consolidate All the major movie theaters file for […]
Posted On December 29, 2020
2020, on the whole, has been miserable. I suspect 2021 will be much brighter as the vaccine rolls out and the world normalizes. So I've been thinking a lot about 2021, and I wanted to put out some predictions for the year. But I've also been a little obsessed with two things recently: the SPAC […]
