Friday, January 17, 2025

Sachem Capital

First mortgage real-estate lender Sachem Capital (SACH) has seen its shares annihilated as of late, having declined almost 80% from their 2022 high. This puts it at a 73% discount to book value, making it a very enticing investment from a value standpoint.

Friday, January 3, 2025

Karsan Value Funds: 2024 Q4 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.

Thursday, January 2, 2025

On The Edge

I'm an avid consumer of Nate Silver's work, so I was excited to read his new book On the Edge. It's a book about mastering risk, and the people who seek to gain advantages through superior risk management.