Author: evencio.alvarez14@gmail.com
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Monday Dirty Dozen [CHART PACK] #10
I have resigned from the professional undertaking of coin-flipping. I am not here to tell you where gold’s gonna be. I have no idea. That’s my existentialism. I am a student of uncertainty. I have no idea where the stock market is going to be. So when I am creating trades in my portfolio for…
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Episode 26: A Permanent Place For Hyper-Niche Software w/ Michael Girdley, Dura Software
This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hiveThis week we chat with Michael Girdley. Michael’s list of accomplishments and ventures would take up the rest of this description! In short, he loves building businesses and creating products that resonate with customers.He’s the founder of Geekdom Fund, CodeUp and his…
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Quick-Take: Altisource Portfolio Solutions (ASPS)
Business Description: Altisource Portfolio Solutions S.A. operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates in two segments, Mortgage Market and Real Estate Market. – TIKR.comThe Thesis: ASPS is an “ick” stock that doesn’t screen well, is currently losing money and…
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Sifting For Asymmetry
The market moves off stories. These stories are based on both the underlying fundamentals and people’s perceptions of the underlying fundamentals.Our job as traders isn’t to try and predict where the market is going (that’s a fool’s game). Rather, it’s to identify areas of potential asymmetry.We like asymmetric opportunities as traders because they allow us…
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Crisis Investing, Value vs. Growth, and Chapter 11 Bankruptcies
As always, hope you had a great week. I got to spend the weekend at Hilton Head Island, SC. Beaches weren’t crowded so social distancing was a breeze. In true deep value fashion, we snagged our Airbnb at a 75% discount rate to its historical rental price. I told you we eat, sleep and breathe…
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Stocks That Don’t Screen Well: Why It Happens & How To Find Them
I like fishing. It takes my mind off markets and gets me out in nature. There are many parallels between fishing and value investing. When fishing, you want to fish where the fish are and the people aren’t. As value investors, this is music to our ears.In most cases, these great fishing spots hide in…
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Monday Dirty Dozen [CHART PACK] #9
The investment process is only half the battle. The other weighty component is struggling with yourself, and immunizing yourself from the psychological effects of the swings of markets, career risk, the pressure of benchmarks, competition, and the loneliness of the long-distance runner. ~ Barton Biggs In this week’s Dirty Dozen [CHART PACK] we look at…
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Episode 25: How To Create Your Own Float w/ Kirk Du Plessis, OptionAlpha
Can’t believe we’ve made it 25 episodes!We couldn’t have done it without our AMAZING followers and guests. I know everyone likes to say that, but it’s true. You, our listeners don’t download episodes to hear my endless drivel. And you, our guests, don’t come on the show without knowing your voice will be heard.We’re creating…
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Carvana, Peloton & A Cheap Portuguese Company
Hope you had a great week and weekend. Golf courses in MD finally opened up. When you haven’t hit a golf ball in 3 months, you don’t keep score. You see how many balls you lose. I only lost one ball. It was a good round.Anyways, we’ve got three great letters for you this week…
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Herd Behavior and Investing: The Solomon Asch Experiment
Herd mentality, as defined by Herbet Simon in the journal article The Concept of Herd Behavior: Its Psychological and Neural Underpinnings is , “An alignment of thoughts or behaviors of individuals in a group … such convergence emerges through local interactions among agents rather than some purposeful coordination by a central authority or leading figure…