Archive

Home Appliances and the Illusion of Choice

By Rob Spivey

Wednesday, November 20, 2019

‘Can you send shorts, too?’ One of our readers, Leigh, wrote in and asked us if we could provide one good short idea for every two long ideas we provide in our Altimetry’s High Alpha and Altimetry’s Hidden Alpha newsletters. He wasn’t complaining… Leigh was kind enough to say that thanks to our powerful Uniform […]

The 'Airbag' in the Housing Market

By Joel Litman

Tuesday, November 19, 2019

A quick video on Roku… Yesterday, we mentioned that Altimetry Director of Research Rob Spivey had hosted a webinar for our institutional clients on Friday, where he discussed streaming-device maker Roku (ROKU) and other tech and broadcasting names. We’ve discussed Roku before, so we wanted to give you access to the video. Rob was taking […]

A Saner Head Is Prevailing in the Crypto Space

By Joel Litman

Monday, November 18, 2019

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 […]

A Company Ripe for 'Reflexivity'

By Joel Litman

Friday, November 15, 2019

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 […]

How You Can Buy Facebook at Half Its Valuation

By Joel Litman

Thursday, November 14, 2019

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 […]

The Glory Days of Conglomerates Aren't Entirely Over

By Joel Litman

Wednesday, November 13, 2019

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 […]

The 'War of the Currents' and the Demise of a Market Darling

By Joel Litman

Tuesday, November 12, 2019

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 […]

Elizabeth Warren and FDR Disagree on How to Fix Income Inequality

By Joel Litman

Monday, November 11, 2019

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 […]

Making Money By Watching Paint Dry

By Joel Litman

Friday, November 8, 2019

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 […]

Continuing the Conversation About Real Estate Investing

By Joel Litman

Thursday, November 7, 2019

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 […]