Posts
Barton Biggs on how to stay fresh with a stale portfolio. (Article excerpt)
(Note the Flair Basics / getting started.) Previously I mentioned about the concept of the “pre-mortem” which I read from Pat Dorsey, to ask questions on what could go wrong with an investment and then work backwards to figure out the red flags that could serve as an early trigger. …
Is the current valuation of the market too high?
Currently the average price to earnings ratio in the S&P 500 is 26. This compares to a historical average of 21 and a historic median of 16. It feels like the entire market currently is a house of cards. We’re seeing massive levels of spending from the mag seven which …
RJET: 2.2x operating cash flow, a weird moat, and two bankruptcies
Anyone looking at RJET? Here's my take. Republic Airways (NASDAQ: RJET) is an airline that doesn’t sell tickets. It flies regional routes for American, Delta and United under fixed-fee contracts. The big airlines set the schedules, sell the tickets, keep the fares and carry the fuel and passenger-demand risk. Republic …
Anyone here into PEGing?
What are your thoughts on the PEG ratio and its utility for screening and identifying good companies? Conceptually it makes sense. You want to factor in growth into screening and want cheap companies with good growth prospects. The problem I run into is that often the ratio is too noisy. …
$ISSC - looking good, or not?
Sup y'all. This is a name I've been in before, sold, still watch, would consider getting back in. But I have some questions. The headlines look great, increase sales, increase margin.... If things are so great...why is the share count increasing? why is debt increasing? why does net income consistently …
(Speculative)Berkshire Bought Alphabet Stock in Q2—and Maybe Microsoft Too - Barron’s
(I couldn’t find the right flair. So I labelling it as ai) A speculative Barron’s article that perhaps Berkshire Hathaway might have bought MSFT. The truth will be out by tomorrow late afternoon as the deadline for filing the 13F. Here is the pertinent quote: *Assuming Berkshire bought additional Alphabet …
Harley Davidson's CEO Artie Starr's backs the turnaround
HOG has a lot going on right now, and it splits cleanly into what you can count and what you can't. **I**n 2025 they sold the $5B+ HDFS loan book to KKR/PIMCO at a premium to par, with the buyers taking an equity slice at \~1.75× book. The proceeds didn't …
AMAT is down ~5% after hours, after another really strong quarter
Bought AMAT earlier this year, given its really strong fundamental story. When it dipped this past month, bought some more. It's now down over 5% in after hours, despite beating earnings and raising guidance for its semiconductor systems, and expects AGS revenue growth above 20% and advanced-packaging revenue growth above …
Rising interest rates and value
Looking for medium term investments that will perform well with rising interest rates assuming the fed decides to go that route. I’m thinking energy and consumer defensive will do well and growth will take a hit. Any thoughts?
ETON Pharmaceuticals
Hey, I recommend looking into ETON (Eton Pharmaceuticals). I shared it multiple times on this sub the last few years but it still seems largely unnoticed. They develop and sell rare drugs and the management has really impressed me with their execution. I opened a position in 2024 around $3.50 …