Thursday, April 29, 2021


Banned by several American schools in the 1960s, Slaughterhouse-Five is a World War II era novel that gives the reader a perspective on the bombing of Dresden. Having previously enjoyed a book by Kurt Vonnegut, I was excited about this one, which is perhaps why I was disappointed.

Tuesday, April 27, 2021

Franklin Wireless: Extremely Cheap, But Also Risky

Franklin Wireless (FKWL) is a small-cap that sells hardware and software needed for mobile hotspots, routers and other wireless applications. It has seen booming sales as of late, with 2020 revenue more than 100% higher than that of 2019. The latest quarter was even more impressive with revenue to December 31st, 2020 almost 5x that of December 31st, 2019.

As a result, the company has generated substantial amounts of cash. Cash balances have risen from $15 million one year ago to $76 million at the end of 2020. For a company with a market cap of just $150 million, this is a significant source of value for shareholders and downside protection. Read More...

Wednesday, April 14, 2021

The Last Day

When you look up at the moon, you're always looking at the same side of it, as the moon rotates on itself at the same rate at which it orbits Earth. It didn't always do that, but eventually its rotation speed slowed down to match its orbit. On the other hand, Earth rotates on its own axis every 24 hours. The Last Day: A Novel is about what could happen one day should the Earth's rotation slow down to match its orbit of the sun.

Friday, April 9, 2021

ADF Group Update

Shares of ADF Group (DRX.CA) are down some 20% over the last two days, thanks to a disappointing quarterly update, on a number of fronts:

Friday, April 2, 2021

Karsan Value Funds: 2021 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.