Read last quarter’s Strategy Letter here. June 2021—Be forewarned – we are going to empty the quote bin this quarter. Let’s start with one Robert Smith,
We manage other people’s money so it is only fair that we are compared to something. The Russell Index mafia is that something and calling
An interesting piece about “stakeholders” and how the theory flies in the face of a LOT of reality. Excerpt below. Original article appeared in City
Republished from Almost Daily Grant’s, a Grant’s Interest Rate Observer daily newsletter. Under The Hood A Different Kind Of U-Turn. Electric Vehicle Hopeful Lordstown Motors
I read a lot. And cut and paste a lot. And save a lot of things, From time to time, I don’t feel like “working”
“Servicers who put struggling families first have nothing to fear from our oversight, but we will hold accountable those who cause harm to homeowners and
There are lots of things that OWNERS should hate about Exxon, all of which are related to their last decade of capital allocation in their
As an investor, if you spend the majority of your time looking at larger cap companies, it is truly hard to appreciate the wacky and
I was recently asked to share a small cap investment idea with the attendees of the Q2 Virtual Summit hosted by the Investor Summit Group.
I try to read widely. I stuff my IPAD with things and time goes by and I truly don’t recall how I ran across it.
The IEA is arguably the key source of global energy issues and math. Summarizing: The aspirations of Green grossly underestimate the capacity of the existing
We don’t know these people and we are not vouching for their work or conclusions, but they are holding the right hot poker that is
