Author: evencio.alvarez14@gmail.com
-
Value Hive: 3 Big Things with Jay Singh III
“The SPAC landscape provides some of the greatest short opportunities we’ve ever seen in markets.” I can’t think of a better time to uncover and invest in special situations than in today’s market. We’re seeing micro-cap stocks trading at less-than cash and de-SPAC companies with actual earnings trading like a Chamath IPO. My latest podcast guest, Jay…
-
My Three Favorite Crowdsourced Micro-Cap Investment Ideas
In late May, I took to Twitter to crowdsource my followers’ favorite micro-cap ideas.I received a ton of great feedback with dozens of company-specific responses.I also created a Google Sheet with all the names mentioned in the thread, which you can find here.This short post reviews my Top 3 Favorite Ideas from that tweet. Idea…
-
Feedback Loops of Destruction…
***Below is an excerpt from a note sent to Collective members earlier this week*** “This is my 45th consecutive year as a Chief Investment Officer. In 45 years I’ve never seen a constellation where there’s no historical analog. I probably have more humility in terms of my views going forward than I’ve ever had.”- Druck…
-
Hi Ho Silver… [DIRTY DOZEN]
“There is timing in the whole life of the warrior, in his thriving and declining, in his harmony and discord. Similarly, there is timing in the Way of the merchant, in the rise and fall of capital. All things entail rising and falling timing. You must be able to discern this. In strategy, there are…
-
Are We Headed For An Earnings Recession? [DIRTY DOZEN]
“My fear of the markets has forced me to hone my timing with great precision. When I am trading properly, it is like a pool player running racks. If my gut feel of market conditions is not right, I don’t trade” ~ Mark Weinstein In this week’s Dirty Dozen [CHART PACK] we look at conflicting…
-
The Bill Gurley Chronicles: VCs, Marketplaces, and Early-Stage Investing
What if there was a way to distill all the knowledge that someone’s written over the last 25 years into one, easy-to-read document?And what if that person was a famous venture capital investor known for betting big on companies like Uber, Snapchat, Twitter, Discord, Dropbox, Instagram, and Zillow (to name a few)? Well, that’s what I’ve…
-
Christensen, Emerson, and Thiel Walk Into A Bar …
One of the benefits of Macro Ops is our ability to go anywhere, invest in nearly anything we can understand, and stack edges to develop a truly differentiated outlook on markets. Stacking edges comes in lots of flavors. There’s technical edges, analytical edges, personality edges, and behavioral edges. Market conditions like these – where stocks can’t not…
-
Again, Buy ‘Em… [DIRTY DOZEN]
“[Value traps happen’] when you get down toward the lower end of these valuations, value people find them attractive. The trap comes in when there’s a secular change, where the fundamental economics of the business are changing or the industry is changing, and the market is slowly incorporating that into the stock price. So that…
-
Value Hive: 3 Big Things with Peter Mantas
“What we’re seeing in biotech is the equivalent of negative oil prices.” Last week we introduced a new mini-essay series called “Value Hive: 3 Big Things” where we dissected my conversation with Matthew Sweeney (Laughing Water Capital). Read it here if you missed it. 3 Big Things distills all my podcast episodes into bite-sized mini-essays. Each piece…
-
Buy ‘Em… [DIRTY DOZEN]
“My North Star is every event in the world affects some security and I try to imagine the world as it is today and then try and see if there’s some kind of seismic change going on and how the world might look in 18 months. And if it does look that way, what are…