Archive

Before 'Going Adobe' Existed, One Game Company Pioneered a Tech Revolution

By Joel Litman

Thursday, June 11, 2020

The pandemic’s disruption to retail hasn’t been evenly distributed, and the recovery won’t be either… It’s no surprise that some of the areas of the economy that have been hardest hit by the pandemic are retail and restaurants. But it’s important to remember that disruption hasn’t been linear… A recent article in The Economist features […]

Wall Street's Numbers Are Hiding the Real Loser of the Telecom Industry

By Joel Litman

Wednesday, June 10, 2020

When investing legends talk, we listen… One of the benefits of having our Altimetry team of 100 employees in Manila is the ability to direct those folks to gather and catalogue all the amazing content that some of the great investors generate. We keep entire lists of quotes and presentations from investing legends so we […]

How to Buy Three High-Return Oligopolies for the Price of One

By Joel Litman

Tuesday, June 9, 2020

Valens Research is on the radio… Last week, the institutional investment research firm that powers Altimetry was featured on MoneyLife with Chuck Jaffe. The interview starts at 38:07.  Altimetry Director of Research Rob Spivey was on the show to talk about our Uniform Accounting methodology and some interesting trends we’re seeing… including around the “At-Home […]

As People Travel Less and Spend Their Money Closer to Home, This Company Wins

By Joel Litman

Monday, June 8, 2020

The ‘At-Home Revolution’ also means entertaining yourself close to home…  One big question for many folks during these uncertain times is when they will be able to travel again (and do so safely). Many people are not certain if they’re going to be able to go on their normal summer trips to other states or […]

This Household Hardware Firm Makes the Bull Case for 'ESG' Investing

By Rob Spivey

Friday, June 5, 2020

How is the alcohol industry holding up? In yesterday’s Altimetry Daily Authority, we highlighted a company that has done a great job collecting a group of affordable alcohol brands to build a strong return-on-assets (“ROA”) business. Constellation Brands (STZ) – which owns popular brands like Kim Crawford wine, Svedka vodka, and Ballast Point craft beer […]

Following the 'LVMH Strategy' in Alcohol Distribution to Double-Digit Returns

By Rob Spivey

Thursday, June 4, 2020

Luxury brands can be a major cash cow… No company makes that clearer than LVMH. In the May 14 Altimetry Daily Authority,  we discussed how successful the luxury conglomerate model can be. While LVMH was formed from a merger between Louis Vuitton and Moët Hennessy, it has since expanded its portfolio to include many of […]

Savvy Investors Can Take Advantage of Short-Sighted Panic Over This Medical-Devices Firm

By Joel Litman

Wednesday, June 3, 2020

Let’s start today with some thoughts on sleep… Each week, our team of more than 100 employees across the globe gathers for a 30 minute all-hands call. Altimetry has become large enough and we have many different initiatives going on across the company, so it’s important for each of our smaller teams to be aware […]

Commercial Real Estate Is Changing... And Investors Are in for a Surprise With This Industry Supplier

By Joel Litman

Tuesday, June 2, 2020

Can you put a value on putting a man in space? Apparently, it’s worth somewhere between $36 billion right now to upwards of $120 billion in the future. We were tuned in on Saturday – likely as many of you were as well – to watch the historic rocket launch.  After an initial delay on […]

The Most Popular 'Store of Value' Is No Match for the Ultimate Value Creator

By Joel Litman

Monday, June 1, 2020

You’ve been able to see your doctor remotely over the past three months for a big reason… and it’s not the one you think. The wave of adoption of telehealth in the midst of the coronavirus pandemic has been eye-opening. Health care professionals across the U.S. and rest of the globe are using solutions to […]

Here's the Secret to Investing Like Harvard

By Joel Litman

Friday, May 29, 2020

President Donald Trump isn’t the only person who’s able to get in a tweet battle… Nassim Taleb is best known for: Coining the phrase “Black Swan,” Writing a book about the phenomenon and how humans struggle to model low-probability events, Being one of the few traders to come out of Black Monday in 1987 as […]