Category: Research
-
The Story of the Greatest Value Investor: Floyd Odlum
Floyd Odlum went from rags to riches in one of the most interesting and forgotten stories from the Great Depression. Here’s a description of him from James Grant: “We can have no finer role model. First and foremost, he was a value investor — a member of that eccentric tribe that believes it’s better to…
-
Your Monday Dirty Dozen [CHART PACK] #10
If you would be a real seeker after truth, it is necessary that at least once in your life you doubt, as far as possible, all things. ~ Rene Descartes Good morning!In this week’s Dirty Dozen [CHART PACK] we look at a few indicators that are raising the odds of a US recession over the…
-
Musings: Opportunities Abound, From India to Turkey
Alex here with your latest Friday Macro Musings…As always, if you come across something cool during the week, shoot an email to alex@macro-ops.com and we’ll share it with the group.Latest Articles/Podcasts/Videos — Your Monday Dirty Dozen [CHART PACK] — I look at signs of slowing growth here in the US along with data pointing to…
-
Invest Like The Greats: Fox Corporation, Inc. (FOX)
Every quarter I like to scan through the latest 13F filings of my favorite value investors. While I don’t closet-index their portfolios, I sometimes use their ideas as springboards for further research into areas that interest me. Every now and then I’ll invest in something only to find out there’s other big name investors buying…
-
Pubs vs. Tourists, Spin-offs and Interviews
Thanksgiving’s right around the corner. Can you believe it? Turkey, mashed potatoes, gravy, and TSLAQ arguments. What else am I missing?Anyways, there’s a ton of content for y’all this week. We’ve got a few more Q3 letters to share. A new spin-off from a major outdoor brand. valueDACH’s two-part interview with Guy Spier, and more!Before…
-
Lessons From 24 Years of Operating: Bowl America, Inc. (BWL.A)
Bowling isn’t a sexy business. In fact, it’s sort of a dying business. Drive by any bowling alley and you’ll find flickering lights and half-filled parking lots. Physical bowling has been replaced by handheld entertainment. Virtual copycat. One might reasonably assume that owning a bowling operator would make for a poor investment. Yet, what if…
-
Your Monday Dirty Dozen [CHART PACK] #9
Grave dancing is an art that has many potential benefits. But one must be careful while prancing around not to fall into the open pit and join the cadaver. There is often a thin line between the dancer and the danced upon. ~ Sam Zell Good morning!In this week’s Dirty Dozen [CHART PACK] we look…
-
Musings: The Killing Fields of the Oil Patch
Alex here with your latest Friday Macro Musings…As always, if you come across something cool during the week, shoot an email to alex@macro-ops.com and we’ll share it with the group.Latest Articles/Podcasts/Videos — Your Monday Dirty Dozen [CHART PACK] — I look at signs of a global rebound in growth, green shoots in Europe, trouble ahead…
-
Q3 Letters A Plenty, LEGOs as Investments and More!
Value Hive took it’s bye week last week. Now we’re back, healthy and ready for the second half of the season.We’ve got a ton of content for y’all this week. More investor letters. SoftBank’s hilarious corporate presentation. Interviews with value managers, and more!Before we jump in, make sure to subscribe to this newsletter. You’ll receive…
-
Trading Politics – Part 1
Tyler here. This month I started a video series called Trading Politics over on our partner youtube channel Fallible. The first video introduces the most popular political prediction market in the United States, PredictIt. In the past we’ve used the prediction markets on PredictIt to help us position our portfolio during key election events. The two most notable…