We own this with roughly a $12 cost basis. We have always liked smallcap aerospace and defense. They can have oddball, profitable niches in an
Byrne Hobart thinks..not always correctly but that isn’t the point. He makes you think. “And it’s an elite school story: it opens with an anecdote
If a Soft Landing Is in the Cards, Why Aren’t Small-Cap Stocks Rallying?
From WSJ.com Wall Street Races to Bring Private Credit to the Masses Investing titans are jostling to launch funds made up of hard-to-trade private loans
While the beach version of SoCal has had an epic, non-marine layer summer, it seems to have been enjoyed by few locals who instead violate
So a few weeks ago, we put out a “bookish” piece on our efforts to effect Board change at a holding, Motorcar Parts of America
We have referenced Byrne Hobart’s The Diff newsletter any number of times as well worth reading. He thinks and writes as well as anything I
FTI Consulting August 2024 Newsletter Given the explosive growth of leveraged credit markets over the last decade, the ascendance of private credit, the extreme lengths
This gentleman does interesting work which can be summarized as follows: Most equity investments are not good: the “mean” for equity investments is much higher
Securities can go down as well as up. Over-owned and hyped securities will be pummeled more. The world in which we live is heavily indexed
this makes CNBC and Bloomberg out to have the credibility of BBC reporting on Gaza.
