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A Saner Head Is Prevailing in the Crypto Space

Joel's note: Starting today, we're doing something new in Altimetry Daily Authority... We'll still feature our stock or idea of the day, but we'll also begin to include other things that may interest you – whether it's an article, a podcast, something from my travels, or an opportunity I think could benefit you. Send your […]

Securities Analyzed
  • BKNG
  • CMCSA
  • DISCA
  • MSFT
  • ROKU
A Company Ripe for 'Reflexivity'

Dear reader, George Soros is one of the great thematic and macro investors of the past century. He started Soros Fund Management in 1969 with less than $12 million in assets under management and with early partners including Jim Rogers and Stanley Druckenmiller. Soros rebranded as the Quantum Fund in 1973, and he took that […]

Securities Analyzed
  • CSCO
  • MPWR
How You Can Buy Facebook at Half Its Valuation

Dear reader, In 2017, anyone thinking of buying online-retail giant Amazon (AMZN) saw a massive price-to-earnings ("P/E") ratio of 190. With a P/E ratio this high, many people likely walked away from the stock... and missed out on a 50% gain since then. In 2015, investors looking at social media giant Facebook (FB) saw a […]

Securities Analyzed
  • ACIA
  • AMD
  • AMZN
  • CGNX
  • DBX
  • FB
  • FISV
  • GPN
  • ITRI
  • LFUS
  • SQ
  • VMW
The Glory Days of Conglomerates Aren't Entirely Over

Dear reader, We live in a cyclical world. Consumer trends are a great example. During the 2000s, we couldn't wait until the next generation of cellphones came out... with each phone smaller than the previous one. The Samsung Juke, released in 2007, had a 1.4-inch display. Today, each generation of smartphone is bigger than the […]

Securities Analyzed
  • ADP
  • CSL
  • GE
  • HON
  • MMM
  • UTX
The 'War of the Currents' and the Demise of a Market Darling

Dear reader, In 1893, the battle for the future of the U.S. – and the world – was underway in Chicago. The World's Fair was accepting bids to provide power for the international exposition, and inventors Thomas Edison and Nikola Tesla were both eager to prove the superiority of their electrical systems. Tesla teamed up […]

Securities Analyzed
  • DHR
  • GE
Elizabeth Warren and FDR Disagree on How to Fix Income Inequality

Dear reader, Share buybacks are a battleground for politicians and economists alike. Back in 1936, in the depths of the Great Depression, Democratic President Franklin D. Roosevelt claimed share buybacks could be a solution to income inequality. His argument was that capital languished in corporations that paid lower taxes than investors, and so the federal […]

Securities Analyzed
  • GE
  • IBM
Making Money By Watching Paint Dry

Dear reader, It takes 13 years to paint the George Washington Bridge from end to end. As more than 50 million vehicles cross every year, around 20 workers clamber up the scaffolding of the 88-year-old bridge, paintbrushes in hand. In order to qualify with the Port Authority of New York and New Jersey, applicants are […]

Securities Analyzed
  • AXTA
Continuing the Conversation About Real Estate Investing

Dear reader, We received some great responses to our article from Monday on real estate investing: The Most Common Investment in the U.S. is a Bad One. One of our readers' questions came from Jacob S., who asked... I would be interested in Joel's analysis of housing appreciation verses stock increases if he were to […]

Securities Analyzed
  • PEP
A Real-Life HBO Show

Dear reader, It's been tough living in a post-Game of Thrones world. Nothing makes a long day pass by faster than knowing you'll be stepping into the world of Westeros after. However, one of cable network HBO's newest shows, Succession, recently caught my attention... For the uninitiated, Succession is the story of a billionaire media […]

Securities Analyzed
  • NWSA
Zen and the Art of Investing in Car Maintenance

Dear reader, Many theological studies focus around the idea of cosmic dualism. This, of course, is the concept that the universe is governed by opposing forces. There are many manifestations of dualism... Good and evil... the Taoist and Zen concept of Yin and Yang – which comes to represent a number of opposing forces (light […]

Securities Analyzed
  • F
  • GM
  • LKQ
  • NAV
  • TM
  • VOW3.DE