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April 5, 2022
Published by Kuppy at April 5, 2022
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I’m often reminded of how Mark Twain was rather prescient in regards to markets. Let’s reminisce a bit, back to a simpler time, when an obscure entity named Grayscale Bitcoin Trust (GBTC – USA) was hoovering up Bitcoins on a daily basis. I predicted that eventually, it would acquire enough of the “free float” that it would lead to “price discovery.” A few months Read More
Categories: Investments
Positions Mentioned: U-U CN
March 22, 2022
I go to the annual Berkshire Hathaway meeting, not to hear what the old guys have to say, but to see my friends in the value investing community. After 2 years of virtual Berky meetings (boring…), they’re going to do a live one and of course, we’re going to pre-game it. Come and join us on Friday April 29 from 5 PM to 7:30 Read More
Categories: Travels
Positions Mentioned:
March 8, 2022
Published by Kuppy at March 8, 2022
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People really like to complicate things. They worry about non-problems. They over-trade. They over-think. They ignore the obvious. This investing game is actually quite simple—buy unusually cheap companies with strong macro-tailwinds and then don’t sell until something changes. It’s really that easy. Unfortunately, I’m not the only one practicing this craft. While the stock market is populated by manic traders positioning for each data-point, Read More
Categories: Investments
Positions Mentioned: CNR
March 6, 2022
Published by Kuppy at March 6, 2022
Categories
I like to take on highly contrarian positions at moments of peak angst. Throughout my career, my batting average has been unusually strong. Sometimes I get it wrong. In the case of my recent post on Russia, I got it spectacularly wrong. While my preference is to find stocks that are inflecting with minimal risk, I’m not adverse to catching the proverbial “falling knife.” Read More
Categories: Investments
Positions Mentioned: RSX
February 22, 2022
Published by Kuppy at February 22, 2022
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I’m going to keep this short because the situation is fluid. Besides, this one doesn’t need much research or even deep thought. It’s actually quite simple. Here are the facts; Biden tried to screw with Putin. Putin showed Biden that geopolitics is a game that only adults should play. Ball is now in Biden’s court after Putin snagged 2 provinces that absolutely no one Read More
Categories: Investments
Positions Mentioned: RSX
February 8, 2022
Readers, Have you ever dreamed of living and working on a beautiful tropical island? Ever wanted to learn about investing from inside a top-performing Hedge Fund?? Want to come and join the adventure??? I’m looking to hire 2 junior analysts for roles based in Rincon, Puerto Rico. We aren’t looking for remote employees. If you enjoy putting in long hours researching stocks, and then Read More
Categories: General
Positions Mentioned:
February 1, 2022
It’s been a wild 2 weeks in the markets since I returned from vacation and have been remiss in not finishing this Azores series (Azores Part 1 and Azores Part 2). With that excuse out of the way, here’s some images from the final 2 islands that I visited (Faial and Pico). I’m going to start with Faial and it’s principal city of Horta. Read More
Categories: Travels
Positions Mentioned:
January 24, 2022
Published by Kuppy at January 24, 2022
Categories
Rewind the clock almost two years… Analyst: For fuk’s sake Kuppy. Stop buying more Shitridge. Me: …but it’s sooo incredibly cheap. Analyst: Who cares? You said that five dollars ago. It wrecked our 2019 and it’s already wrecking our 2020. Me: Our only edge in this game, is to buy more when it transitions from cheap to downright stupid. It’s rare, but occasionally, something Read More
Categories: Investments
Positions Mentioned: SD
Impediments To US Oil Production Growth…