December 23, 2021
On Monday, I woke up, saw the SPZ futures down 60 handles, sorta shrugged my shoulders and tied up my boot laces. I checked some news and headed off into the caldera of a volcano for a hike. A few hours later, I rounded a turn, and my cellphone went positively bat-shit as a few-dozen delayed texts came live—something about a market collapse. On Read More
Categories: General
Positions Mentioned:
December 19, 2021
Published by Kuppy at December 19, 2021
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On December 10th, I posted Part 1 of this thread. It’s a good primer on why I’m so bullish on the transition from print to digital at newspapers. I recently spoke with my buddy Andrew Walker from Yet Another Value Blog (strongly recommend that you subscribe as it’s one of the best blogs out there) about my position in Lee Enterprises (LEE – USA). Read More
Categories: Investments
Positions Mentioned: LEE
December 10, 2021
Published by Kuppy at December 10, 2021
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I’ve never thought of participating in shareholder activism. I mean, if you don’t like how a business is going, why invest in it? I’m too busy with life to go out there picking fights. Besides, a surprising amount of activism seems to end in disappointment—particularly as the company uses your capital to fight against you. Therefore, I found it somewhat surreal that for the Read More
Categories: Investments
Positions Mentioned: LEE
November 23, 2021
Published by Kuppy at November 23, 2021
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A few weeks back, I had dinner with a close friend. Naturally, our conversation turned to the markets. Friend: Kuppy, you need to be careful with those 2025 oil calls. If oil spikes to $200 in 2023, it’s going to take the global economy down with it. You could end up timing it wrong by going out that far in duration. Me: Haha. You’re Read More
Categories: Investments
Positions Mentioned: Oil Futures
The Problem With Ponzis…