Author: evencio.alvarez14@gmail.com
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Thomas Bachrach: Kaspi.kz $KSPI, Allegiance Coal $AHQ, & Exotic Ideas
This week we have another returning guest, Thomas Bachrach! Thomas Bachrach is PFH Capital’s Principal and an OG Value Hive guest! He focuses on esoteric, off-the-beaten-path micro-cap companies, and on this episode, he shares two of his latest investments: Kaspi ($KSPI), a Kazakhstan fin-tech business, and Allegiance Coal ($AHQ.ASX), an Australian Coal Company.He also shares…
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FIGS, Inc. (FIGS): The Next Great Cult Apparel Company
FIGS is a luxury medical apparel company selling scrubs and other medical equipment to nurses, doctors, and other medical professionals. Its mission is to celebrate, empower, and serve those who serve others.The LA-based scrubs-maker has built the largest DTC platform in the healthcare apparel industry. They’ve turned an otherwise commodity product (scrubs) into a fashion/status…
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The Bull Case for Crude
“Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes. Speculation is far too exciting. Most people who speculate hound the brokerage offices or receive frequent telephone calls, and after the…
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Harris Kupperman: IPO Unlocks, KEDM.com, Tankers & More!
Welcome back Harris Kupperman! This is the second time Kuppy is on the Value Hive Podcast. This time around we talked about different event-driven strategies found on his Kuppy’s Event Driven Monitor (KEDM) such as investing in post-bankruptcy stocks and IPO unlocks ($AFRM), what is like managing an event-driven portfolio and at the end of…
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Burry’s Latest Bets: Reviewing Scion Capital’s 13F Filing
Michael Burry is an investing legend and Twitter favorite. His 13F filings dominate niche FinTwit discussions. But, true to his style, Burry’s portfolio is a hodge-podge of obvious value plays and “ick” factor bets. It’s why everyone loves him. He’s always fishing where the fish are, even if there isn’t another boat around. This week, Burry…
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It’s Time To Buy Weed Stocks…
“When we work backward from results to figure out why those things happened, we are susceptible to a variety of cognitive traps, like assuming causation when there is only a correlation, or cherry-picking data to confirm the narrative we prefer. We will pound a lot of square pegs into round holes to maintain the illusion…
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James Davolos: The Best Businesses To Own During Inflation
Let’s talk about the 4.2% elephant in the room, that’s right! This week is all about inflation and luckily we had the privilege to talk to James Davolos, Portfolio Manager at Horizon Kinetics, to help us understand inflation at a deep level.We talked about what is the CPI and how it is measured, the effect that inflation…
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Disposition Effect: Why Most Investors Make Awful Gardeners
Con·trar·i·an (n.) – a person who opposes or rejects popular opinion, especially in stock exchange dealing. Successful investing is an active rebellion against one’s instinctual proclivity to sabotage long-term returns. In a perfect world, investing is like gardening. You cut the weeds (losers) and water you flowers (winners). In practice, investors do the opposite. We…
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It’s Time To Buy Dirty Coal…
A glittering resume helps a lot in getting a job, but a majority of the winners I have known have undistinguished pedigrees; brains, guts, drive, and intuition put the points on the board. Performance investing is a numbers game. ~ Barton Biggs, “A Hedge Fund Tale of Reach and Grasp” Good morning! In this week’s Dirty…
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April 2021 Macro Ops Portfolio Review
You must understand the following: In order to master a field, you must love the subject and feel a profound connection to it. Your interest must transcend the field itself and border on the religious. ~ Robert Greene, “Mastery” Alex and Brandon here.April was a good month for the MO Portfolio. We returned a little…