December 8, 2019
Note: We’re doing some website formatting soon and going forward “Ask Kuppy” will no longer be under the traditional “Ask Kuppy” drop-down. Instead, it will be part of the normal blog-roll. New decade coming and it’s time for AiC to catch up with modern trends in blogging… Hi – I enjoyed your article on inflation, and a lot of your work for what it’s ... Read More
Categories: General
Positions Mentioned:
November 29, 2019
Published by Kuppy at November 29, 2019
Categories
Two months ago, something rather monumental happened, which seems to have been lost to the news-cycle. In a world starved for yield, a company with trailing twelve month free cash flow of $527 million (cash flow from operations – maintenance cap-ex) and net debt of only $593 million could not re-finance debt due in 2022. Sure, the company’s end-markets are currently a little soft ... Read More
Categories: Comments On Events
Positions Mentioned: BTU
November 25, 2019
Published by Kuppy at November 25, 2019
Categories
For my entire career, I have closely watched the Global Micro Trends I’m invested in (I have a new term and I intend to abuse it—sorry). I have to be honest, quite often, the trend sort of peters out. It’s often still a financial victory, just not what I had hoped for. For instance, let’s look at my investment in the Greek ETF (GREK ... Read More
Categories: Investments
Positions Mentioned: DSSI, NNA, STNG, TNK
November 22, 2019
Published by Kuppy at November 22, 2019
Categories
If the definition of insanity is doing the same thing over and over and expecting a different result, the guys leading Stage Stores (SSI – USA) would clarify as clinically insane. Why did anyone think that consolidating a bunch of struggling department store chains in rural America was a good business idea? A quick look at the stock chart over the past decade would ... Read More
Categories: Investments
Positions Mentioned: SSI
Inflation Is Coming…