Thursday, September 28, 2017

Alliance Aviates Well

Just seven months ago, I opined on Alliance Aviation as a potential value play. Today the price sits more than 50% higher. I can't explain the dramatic price rise. The price was just plain silly back then, and serves as a reminder of just how weak the Efficient Market Hypothesis really is.

Tuesday, September 19, 2017

American Kingpin

American Kingpin: The Epic Hunt for the Criminal Mastermind Behind the Silk Road should have been a boring book: A naive, nerdy guy starts a website that sells illegal goods, and the authorities seek him out and put him in jail. But it was one of the best books I've read in a long time.

Friday, September 8, 2017

Gone With The Wind

I've known nothing about "America's second favourite book" Gone with the Wind for most of my life, other than that it was some sort of chick lit. Now having read the book, I can attest that it is indeed chick lit, but it's also so much more.

Tuesday, September 5, 2017

Hibbett Sports

Hibbett Sports (HIBB) sells footwear, sports equipment and apparel, among other things. The entire industry has gotten crushed lately - there is blood in the streets. HIBB is down almost 70% in the last year alone. Competitors like Dicks and Foot Locker are also getting crushed.