Featured
- More Signs of the Bullwhip Effect (part 2)August 10, 2022
I wrote a post at the beginning of the year that the bullwhip effect was what kept me up at night. It actually was one of my most-read posts thanks to a bump from Andrew Walker (thank you sir, if you are reading). To summarize, it was a fear that …
- Bed, Bath & BeBOND? (part 2)July 1, 2022
We all knew it was going to be bad, but it was worse. Bed, Bath & Beyond’s earnings were terrible, their cash got sucked up, and the CEO is out. The CEO’s credibility was already toast, but I want to pile on: their share buybacks might go down as some …
- Bed, Bath and BeBOND? $BBBYJune 9, 2022
Full disclosure, I hate shopping at Bed, Bath and Beyond. It makes me angry. That has prevented me from actually acting on this investment. But I wanted to present it to others who may find it interesting and one I may act on: At 54 cents on the dollar, BBBY …
Columns
- How will the ECB Handle Europe’s Gas Crisis?August 26, 2022
We’ve all seen the headlines and charts of European electricity prices and gas prices. Each time the Nordstream pipeline is serviced, we brace ourselves for Russia to not bring it back. And we brace ourselves for Germany, Italy and likely all of Europe to fall into a deep recession with …
- Veteran Tip: ALWAYS open Friday 8-k’s $BIGJuly 29, 2022
Alright, I’m no veteran. But in my career I have learned one important tip… ALWAYS open Friday 8-k’s. Why would a company file a “current report” that represents something “material” at Friday at 5pm? Hmmm. Seems obvious in hindsight, right? They don’t want people to focus on the said material …
- Special Situation Follow up: Bayer Glyphosate Liability $BAYNJune 10, 2022
I did a previous Bayer post back in 2019, as the the market seemed to be implying a massive liability for glyphosate. I know how tough it is to clink a link, but highly encourage readers to look at what the market was / is pricing in for Bayer’s liabilities. …
Personal Finance
- Opportunities in the Muni Meltdown
First, some personal news. My wife and I have been blessed with our first child, so I’ve been a lot less active on here lately. That said, I’ve been watching the turmoil pretty closely in the market. In particular, the bond market is starting off with one its worst years …
April 25, 2022 - Tax loss Harvesting: How to Reap the Most Rewards
Tax loss harvesting is something I tend to think about after a strong year of equity returns. I find myself asking if I should reduce risk in some names or at least re-balance the portfolio. The problem is that this can create significant capital gains. That said, if you are …
October 14, 2019 - What asset allocation performed best over time?
“Past performance is not indicative of future results” you say as you read this post. But it can be a tool for analyzing what asset allocation performed the best. The markets are particularly tough to apply history to, though, because of the wide amount of factors involved. Interest rates, valuations, …
February 18, 2019
Real Estate Investing
Quick idea today: I am looking at Service Properties Trust (SVC). I think the idea is interesting and there is a catalyst. Here’s the situation: Company Overview: SVC is an externally managed REIT (managed by RMR – more on this later), owning 304 hotels and nearly 800 “service-oriented properties” which …
February 9, 2022Real estate prices are booming right now. Supply is tight and competition for investment properties tend to also overlap with first time home buyers. To me, the math doesn’t add up as much as it used to, even with low rates to finance the properties. The funny thing about super …
April 10, 2021One benefit of real estate investing is being able to take your initial capital out of the deal and still own the property. My wife and I just did this through a cash out refinance on investment property we’ve owned. It is fairly straightforward, but let me try to explain …
April 26, 2020