May 24, 2019

The Future Of Hydrogen


As we all head out for the Memorial Day long weekend, most of us are focused on BBQ’s and Air Shows (I know I am). But there’s no reason to pickle your brain for 3 days without at least learning something. With that in mind, I feel compelled to share a report about the hydrogen sector written by my good friends at Capitalist Exploits. ... Read More
Categories: General
Positions Mentioned:
May 21, 2019

Time To Sell Something…


Back in December, when anything with a CUSIP was getting dumped by hedge funds facing liquidations, I repeatedly made the point (here, here, here) that it was the time to buy—particularly those assets that were at the epicenter of those hedge fund liquidations. Now, five months later, with most securities having recovered quite nicely, I want to remind you of how dark it was ... Read More
Categories: Investments
Positions Mentioned: AR, GPOR, RRC, SD, STNG, TSLA
May 13, 2019

We’re Gonna Need More Bag-holders…


I have been highly critical of the Profitless Prosperity Sector (a.k.a the Ponzi Sector). The sector consists of companies that are effectively Ponzi Schemes; in that they have accelerating losses but show blistering growth rates in order to attract new capital. This all worked fine when companies kept their free floats small enough to be manipulated like Tesla (TSLA – USA) or stayed private ... Read More
Categories: Investments
Positions Mentioned: TSLA
May 3, 2019

Cyprus Part 2


For Part 1, click here After 5 days, a few hundred miles of driving, a few dozen kebobs and some fascinating meetings; I got a feel for Cyprus. While the rest of the Eurozone’s economy is stillborn, Cyprus is actually recovering. Foreign investment, often related to buying “Golden Visas” is going into the property sector. Cranes that have been stalled for years are coming ... Read More
Categories: Travels
Positions Mentioned: BOCH LN
May 1, 2019

Berkshire Hathaway 2019


While I may have called it the “Woodstock of Crony Capitalism,” I have never ceased to be mesmerized by the Berkshire Hathaway (BRK – USA) annual meeting. Like a fly to poo, I continue to be drawn to it, even though I already know the well-worn routine; -40,000 self-assessed contrarians descend on Omaha, Nebraska to be told to buy good companies at a fair ... Read More
Categories: General
Positions Mentioned: BRK
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