Category: Research
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Monday Dirty Dozen [CHART PACK] #11
The beginner plunges ahead on a favorite that loses, then bets lightly on a fair-priced horse that wins. He keeps switching amounts and positions, so that he never has a worthwhile bet on a winner at a worthwhile price. He is always one race behind the form of a horse and several races behind the…
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Two Free Breakout Alerts For The Week Ahead
Once a month we’ll feature a breakout (or two) from our premium Breakout Alerts service. This service is for members only and highlights half-a-dozen potential breakouts each week! We’ve had decent success this year with the service and returned nearly 20% in Q1.This article features two new breakout alerts that will go out to our…
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Four New Ideas, Gavin Baker & Howard Marks
We hope you enjoyed your extended weekend! As the weather warms up it remains harder to stay indoors. In light of that, you know how easy it is to practice social distancing in a boat? Pretty easy. Just boat six feet away from everyone else!Before diving in, I want to take time to thank all…
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A Private Equity Mindset To Public Markets
Private equity outperforms public markets. Unfortunately, most PE opportunities are for accredited investors (or high-net worth individuals). This means a majority of retail investors are unable to take part in these outsized returns.Yet what if there was a way to bring private equity investing to the masses?What if retail investors, small funds, etc. could access…
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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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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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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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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…