Newsletter
Remove more things.
Short essay on focus, simplicity and leverage.
ASOS plc
A turnaround special-situation play on a global online retailer (LSE:ASC.L)
Newsletter
Starting from 0.
Atomic essay on starting from nothing, frugality and compounding.
What the hell is happening? November 2022
Red wave incoming. Trump 2024? Elon finally buys Twitter, panic ensues. BIG TECH problems are passive investing problems! Tech layoffs across the board. U.S. debt is staggering.
Newsletter
The Greek Inflection Point
I completed this research during October/ November 2016.
Newsletter
Andrea Baggio of MILANIMAL
Starting MILANIMAL from nothing and working for a grande-sized future. Professor Baggio speaks about his community-first micro gym business and doing business in Italy today. Interesting Interview #3.
Antero Resources (AR)
LNG export play. Generating cash, paying down debt, rewarding shareholders. 20% FCF Yield.
What the hell is happening? September 2022
Fed Policy Error #2 and the Fed Put. Japanese CPI and the Yen. European Failures. Real assets are hedges for currency debasement. QE is IRREVERSIBLE.
Newsletter
Realpolitik > Justpolitik!
A short note on Germany's energy politics, its historical context and the Euro.
Newsletter
What the hell is happening? August 2022
Recession obsession. Mythical market bounce. Energy security and the EU.
Newsletter
How to buy your first tanker! (and sell it for 10x)
The rational of James Tisch to buy six tankers in the 1980s, a keynote.
Newsletter
Vermilion Energy (VET)
Oil & Gas company that will earn ~40% of its value in 2022. #COM 🇨🇦