Same, Same, but different
Even before Warren Buffett gave up on showing long term book value progression in his Annual Shareholders letter, others were noticing that price / book... Read More
Everyone’s a winner
Drinks with an outsourcing analyst last month we were laughing about how, for her sector, it was 2008. It’s not fun to be an analyst... Read More
Heroes and Xeros
I’ve been thinking about “story stocks”. In case you don’t know “story stock” is normally a term of abuse among value investors. It means companies... Read More
How to suffer loss
A friend, who has started his own litigation finance platform, https://www.axiafunder.com/ has asked me to write something about litigation finance. He’s not paying me – but... Read More