If there is something upon which anyone in the world can agree, it’s that there is simply an overwhelming amount of “information” out there that
From artnet.com The Gray Market: How a Brazen Hack of That $69 Million Beeple Revealed the True Vulnerability of the NFT Market (and Other Insights)
Some of the benefits of investing in private assets instead of public companies have been well documented. As an investor in a private fund, you
The following is an excerpt from Cove Street’s Small Cap PLUS Q1 2021 letter. It represents a totally fictional, certainly not autobiographical, account of what
Eugene and Andrew discuss one of the more interesting businesses we are invested in at Cove Street. Viemed (NASDAQ:VMD) provides non-invasive ventilators (NIVs) to patients
As we all know from Star Trek, there are many parallel universes out there. While their existence cannot be proven logically—at least up to
No, this is not a spinoff of Tim Ferriss’s The 4-Hour Workweek. There are in fact no shortcuts to great investing. Having said that, it is very
I recently appeared on the Capital Employed podcast. While I do enjoy longer interviews where I can dive deep into Cove Street’s investment process and
I am 5 years into a successful marriage, so I am slowly becoming an expert in the field. And like many things my grandmother told
This is interesting and worth reading. There is a LOT of nuance behind Green Headlines. Go to Terrapass.com and see how green a bankrupt Canadian
Read last quarter’s Strategy Letter here. April 2021—Well, let’s just say things are different in 2021. From an investing standpoint—and from our standpoint—it’s obviously a
This was culled from the first quarterly conference call for Canoo, which needless to say is a SPAC merger that as far as I can
Let’s just say the graveyard is full of those who think they are “bigger” than the market and “markets” exist to be bent to
This relates to a lot of things in the world outside of Wobegon.
This past week I had the distinct privilege of presenting to Titan Capital Management undergraduate students at Cal State Fullerton. Kelly Ko, who is a
This is an older piece and an older theme, but it remains relevant. Thank you, David Epstein and Angela Duckworth, and a U Penn lecture
*Eugene and Ben have not been appointed to VSAT’s Investor Relations Team. This is meant in a humorous manner due to the number of
From the 2021 Brookfield Annual Report, Bruce Flatt’s Letter to Shareholders. Please Remember That You Own a Piece of Our Business Lastly, we encourage you
The only thing we have to add here is that this is FAR from being an outlier. Original article posted at Petition.com. Hertz Drops
The 2020 Berkshire Hathaway report as far as the “Letter to Shareholders” was short, boring, and not very funny. One plausible answer is that the
In thinking through some recent conference comments by CEO, Mark Dankberg, it struck us how “differently” the narrative is for Viasat versus the deafening
The process of “weighing” a stock promoter’s narrative is imprecise because “reality” as reflected via stock prices can be a rapidly moving target, as “things
Thank you Financials Times Alphaville for doing the work that supports what should be an obvious contention: this is ridiculous. Whether you are talking
This exchange is lifted from the recent DISH earnings call. DISH is attempting an “interesting/controversial/expensive/risky?’ build of a software-defined 5G network. They don’t promote, they
This week, another look at what value investing is and isn’t. Nothing really new here if you are a thinking investor, which means there
I recently had the privilege of appearing as a guest on one of the first episodes of the DealMakers Podcast. The conversation was a bit
An idea came to me recently that what value investing truly needs is a re-branding. Companies often re-brand and re-name themselves after some sort
This was one of the better pieces in a world of fawning financial journalism. Thank you Bloomberg for writing about something that doesn’t involve
There is endless yacking on the topic of certain heavily shorted stocks being “targeted” by what is easy to call the “yahoos” of online
This week, Eugene Robin and I had the opportunity to do a live-streamed presentation on Viasat (ticker: VSAT). We took part in GuruFocus’s “Value Investing
