September 18, 2020

Turbulence Ahead…


On Monday, I return to work from an extended vacation (I didn’t miss much it seems). I’m refreshed and ready for what will likely be one of the craziest periods for the markets since the COVID Crash. I realize I’m the guy who has gone out there and said you have a free shot on goal ever since late March. I even called it ... Read More
Categories: Investments
Positions Mentioned:
September 14, 2020

An ED Trade From The Road…


Event-Driven (ED) trading continues to perform well lately. As a result, rather than bemoan how value investing is stillborn, I’ve continued to shift more of my capital into what’s working. As I’ve noted previously; you can hope that the market reverts to a prior form, or you can evolve. With the number of active managers in terminal decline, the opportunities in the ED world ... Read More
Categories: Investments
Positions Mentioned: DDS
August 24, 2020

PG&E Redux…


I’m on vacation, but how could I escape the news that California is burning? While PG&E (PCG – USA) has yet to be blamed for these fires, as I sit here in the North Carolina mountains, it sure seems silly to tempt fate. Yeah, I know, I’m the fool for expecting an Event-Driven (ED) situation to work into the teeth of California’s fire season. ... Read More
Categories: Investments
Positions Mentioned: PCG
August 20, 2020

On Taking Vacations…


I’m known as a guy who puts in 20-hour days (I don’t sleep). I work hard, party hard and enjoy life. I also go out of my way to ensure that I take a few weeks off each quarter. Wait, what? A few weeks? Yep. Investing other people’s money is a high stress, high intensity job. You never know when a news event will ... Read More
Categories: Travels
Positions Mentioned:
August 17, 2020

BTC 3.0


I am known as a guy who gets infatuated with a handful of stocks or sectors at a time. I let the subconscious drive me, and as my interest level expands, so does my position sizing. The objective is to take a few highly concentrated shots on goal each year; where I can size up and risk almost nothing by catching the precise inflection-point ... Read More
Categories: Investments
Positions Mentioned: GBTC
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