It’s a blog.
It’s educational.
It’s hopefully entertaining.
It’s not investment advice.
I write about how to think about investing for value.
Bundle of Joy
How do businesses make money? What does alligator reproduction have to do with M&A? Why do companies merge anyway? How you can use genetic scramble to frame an investment in merging companies.
Negative Space
How do you run a business from Space? If its not profitable, is it valuable? How to deliver value working remote.
Shell Game
What happens when rules change and investors don’t notice? What happens when investors screw up? How to take advantage of indifference and mistakes to find good opportunities.
Two Guys Walk Into a Bar
How low can expectations go? Kicking the tires on opportunities where investors have no expectations.
Pompidou en Houston
Does the game you’re playing line up with the game your investments are playing?
Arcade Fire
What are you playing at? Investors face a choice many never see: what game you play when making investments. Choosing the right one improves your odds of success.
A Different Kind of Contract
What did you expect? Broken expectations. How a cocktail of a busted deal, regulatory purgatory and a strong underlying business might offer investors an attractive opportunity.
Fine Print
What do you know about the future? When investing, it helps to know something about that. How to think about the future without a crystal ball.
How Are We Feeling Today?
How do you respond to losses? Market downturns hurt, emotionally. But they’re bound to happen. Rather than fight them, use them to take advantage of investment opportunities.
A World Away
How do you spot other investors’ mistakes? Bad behavior regularly crops up in investment markets. Use it to make better decisions.
Running of the Banks
What causes bank runs like the one on Silicon Valley Bank? How can you avoid that?
Plan B
What happens when company adventures don’t go to plan? Evaluating an investment against numerous future scenarios. How investors can benefit from adaptability.
Rabbit Holes
What to do when you run into complexity? What happens when investors focus too much on one indicator? How to find opportunity by looking for what other investors miss.
Uncle Sam Wants You! (to Buy His Stuff)
If you’re looking for an investment bargain, how do you go about finding motivated sellers? Looking to the government auction block to find deals.
Time Off For Good Behavior
What happens when investors lose their mind? Investor fits happen frequently. How to take advantage of them?
Where to Begin
Where do you start your investing journey?
Staying on Deck
How much can you win? How much can you lose? How to think about balancing risk and reward.
The Value of (Almost) Everything
How do you think about value? Focusing on fundamental value to understand the quality of an investment.
Invest. Don’t Speculate
How do you pick a winning investment strategy? Sorting out the differences between proper investing and everything else. Thinking about risk and how you might feel if an investment goes wrong.