Recent Posts

• Will Coronavirus Kill the New Media Tech Giants? $FB $GOOG

  We’re all locked inside. And that means we’re all watching Netflix, shopping Amazon, and perusing Facebook & Instagram and googling places we wish we could visit. That means all of …

• Scary headline for banks. Blackstone, others, tell portfolio companies to draw down their revolvers. $BX $KKR $BAC $WFC $JPM

  Yesterday, not too long after Boeing announced it fully drew its revolver (see what that means here), we are now hearing that major private equity firms are telling their portfolio …

• Boeing draws down on its revolver – what does that mean? $BA

  Boeing will fully draw its revolver to shore up liquidity. If you don’t know what that jargon means, a revolver is like a large credit card for a company to …

• Is it time to buy cruise lines? Intrinsic value impact following short-term demand shocks $CCL $RCL $NCLH

  People are saying that no one will ever take a cruise again. It’s over. Done. Pack those cruise ships up and send them home… But do people actually not remember …

• The Case for Credit Acceptance $CACC

  I think despite Credit Acceptance Corp’s incredible stock performance, it still looks interesting. Credit Acceptance Corp (“CACC”) is “non-bank lender”, essentially meaning they make loans to borrowers who are deemed …