"Invest in What You Know" - Peter Lynch As a product, I absolutely love Spotify. Heck, guess what app I'm using to listen to Andrea Bocelli right now (hey, don't hate on Andrea)? Spotify. When I leave work today, guess what app I'm going to use to listen to the Foo Fighters in the car? … Continue reading Cool Tunes Man: Spotify Analysis
Author: The Market Plunger
Discovering great businesses at cheap prices, one overturned rock at a time.
Park City Group: A Little Known Supply Chain Company with Industry Tailwinds
Supply chain management is an integral part of both the retail and food businesses. Think of it as the equivalent of the troves of databases that are required to run quant funds and HFT operations. Without their data, algorithms can't be backtested, strategies can't be run. Without efficient supply chain management, products can't get to … Continue reading Park City Group: A Little Known Supply Chain Company with Industry Tailwinds
Discovery Communications: Wide Moats & Tons of Cashflow
The Thesis Discovery, Inc. is one of the largest media providers in the world with over 2 billion total subscribers across 220+ countries. Through its three main networks (TLC, Discovery, and Animal Planet), the company reaches close to 90 Million American households and 270MM+ international subscribers. This doesn't even include the eight other networks the … Continue reading Discovery Communications: Wide Moats & Tons of Cashflow
2Q 2018 Investors Letter
Another quarter in the books, which marks two quarters now that I've been updating this blog. That feels good. I know that on average 3 people a week read my content, but I don't really care. I am creating a database of information for those interested to go back and look, find out where I … Continue reading 2Q 2018 Investors Letter
SPAC’s Never Tasted So Good … Hostess Brands, Inc. Analysis
"Know what you own, and know why you own it." - Peter Lynch Most of my job as an investor is to understand the businesses that I own; and if I'm lucky, to understand those businesses better than those selling their shares. Since I spend most of my time in the smaller, illiquid spaces of … Continue reading SPAC’s Never Tasted So Good … Hostess Brands, Inc. Analysis
Live Ventures, Inc. (LIVE) is a Baby Buffett Holding Company
I'll start this piece off with a bit of a warning. For those that aren't a fan of illiquid, micro cap stocks with little coverage, now is your chance to hit the escape button and save yourself some time. But you might be thinking, "Yeah, I'm not a huge fan of illiquid stocks, but it … Continue reading Live Ventures, Inc. (LIVE) is a Baby Buffett Holding Company
A Rising Tide Lifts All Ships (But Especially Those Without Debt That Have Growing Margins)
I like finding fifty-cent dollars, that's not a surprise. What I like more is finding a fifty-cent dollar that's an exceptional business, maybe even an industry leading business. Advanced Energy Industries (AEIS) is an industry leader in power supplies and power conversion solutions within the semiconductor space. They lead through having the best technologies, leading … Continue reading A Rising Tide Lifts All Ships (But Especially Those Without Debt That Have Growing Margins)
APWC: A Small Cap Asian Telecom Manufacturer at a Tremendous Discount
It's been close to two months since I've written about a potential investment on this blog. That's not to say I haven't been in the markets each day, rather the opposite. As you know, some things just don't change about a person. I've been passionate about the markets since I was 13, well before I … Continue reading APWC: A Small Cap Asian Telecom Manufacturer at a Tremendous Discount
1Q 2018 Performance Letter
Since the Markets are closed on Good Friday, I will take this time to send out my Q1 2018 Letter. I will go over the returns for both the Voyager Fund and the SteadFast Fund for the most recent quarter. I also want to start a tradition of putting a quote that I find meaningful … Continue reading 1Q 2018 Performance Letter
Carriage Services Might Be The Berkshire Hathaway of Funeral Homes
In Warren Buffett's early years as an investor, he looked for cigar butt companies; companies that were thrown out yet had a little bit of value to be extracted. This strategy worked well for him, and is still used today by the man who literally wrote the book on margin of safety, Seth Klarman. Yet … Continue reading Carriage Services Might Be The Berkshire Hathaway of Funeral Homes
The Market Plunger 