16
Nov
Ecovyst (ECVT)
Ecovyst (ECVT) is the North American market leader in chemical recycling for refineries, with a business model that supports 70%
9 min read
Latest
07
Nov
Jay Pritzker, Sam Zell and Itel Corp
Warren Buffett once equated equities to bonds, only with equities you have to fill in what the coupons will be.
6 min read
23
Oct
Media Accounting
The following is an aggregation of notes and thoughts I put together while looking into Warner Bros Discovery (WBD) last
7 min read
19
Oct
Forward Pharma A/S (FWP)
Introduction
This was a situation I got into in 2017 that resulted in ~50% absolute return in a few months,
4 min read
08
Oct
OMC + IPG
OmnicomGroup (OMC) and The Interpublic Group of Companies (IPG) are merging into an entity that – in my perfect dreamworld – would
4 min read
16
Sep
"Sell for Less": A Tale of Two Families
Only some see through the disguises of opportunity. The disguise might appear as a problem, even a misfortune. But within
8 min read
02
Sep
Buffett Has Lost It -- Kraft Heinz
I don’t think Charlie and I…certainly at Berkshire…I don’t think we’ve ever had a permanent
4 min read
13
Aug
FONAR Corp (FONR)
I like special situations. They usually have higher degrees of certainty when answering:
* How much cash is there?
* When will
3 min read
05
Aug
ARC Document Solutions (ARC)
This was an idea I posted on Twitter last summer. It is a review of ARC Document Solutions (ARC) after
3 min read
18
Jul
The Sweet History of Rockwood & Co.
If you’ve studied Warren Buffett, you’ve likely come across the cocoa arbitrage story involving Rockwood & Company. Maybe
18 min read