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.