Thursday, May 26, 2022

Smith & Wesson

Shares are down 60% from their highs. Considering the company's net cash position and consistent profitability, this is far too low. Enterprise Value to normalized estimated free cash flow is now under 8. Read more...

Tuesday, May 17, 2022

Confessions of a Wall Street Insider

Michael Kimmelman was charged with insider trading as part of the US government's investigation into Raj Rajaratnam. But the evidence against him was much flimsier than that against the other guys who were charged. Kimmelman claims to be innocent, wrongly included as a conspirator because he misjudged his business partners. In Confessions of a Wall Street Insider, he tells his story.

Wednesday, May 4, 2022

A Rising Man

A Rising Man is the second novel by Abir Mukherjee that I've read, and I did so because the first one was so good. This one didn't disappoint either, with a fantastic story set in 1919 in India during the British Raj.

Tuesday, April 26, 2022

The Hydrogen Revolution

As countries progress towards getting a smaller percentage of their energy from fossil fuels, hydrogen fuel is one of the least discussed alternatives. But Marco Alvera believes it may make up 25% of our energy uses by 2050, as he discusses in his very recent book, The Hydrogen Revolution.

Thursday, April 21, 2022

Deadly Cross

I've heard of most of the highest paid authors, like J.K. Rowling, Stephen King and John Grisham. But perhaps the highest paid author of the last decade is someone I hadn't heard of until a couple of weeks ago: James Patterson. So I decided to give one of his popular novels, Deadly Cross, a read, and it did not disappoint.

Tuesday, April 19, 2022

The Guns of August

The lead-up to World War I was intense. Had the assassination of an archduke never occurred at that particular moment, I now still believe the same war would have broken out anyway. It was inevitable because of how the European powers, particularly Germany, were posturing. The Guns of August is a terrific book on this topic.

Friday, April 8, 2022

Karsan Value Funds: 2022 Q1 Results

Karsan Value Funds (KVF) is a value-oriented fund, as described here. Due to securities regulations, the fund is not open to the public at this time. Should that change in the future, there will be an announcement on this site.