Archive
We recently received two great questions from reader Phil... They get at the foundation of why we do the things we do when making our Uniform Accounting adjustments and "why it actually matters." Other readers have likely wondered the same things as Phil, so let's take today's Daily Authority issue to address these questions. We'll […]
- BLK
- DB
- GS
- JPM
- MS
Joel's note: Both the market and Altimetry are closed on Monday for Memorial Day, so look for the next Altimetry Daily Authority on Tuesday, June 1. I hope everyone has a safe and enjoyable weekend. Questioning what might seem to be obvious can lead to new, great insights... My youngest has been asking one particular […]
A summer of travel is coming... You've likely said it yourself or know someone who has said something along the lines of: I didn't travel at all last year... So, I'm going to travel this summer, and splurge when I do. And as Bloomberg recently explained, one of the big ways people are splurging is […]
- JBLU
The size of the target market is one of the most important aspects of proper analysis on a particular company... This simple metric helps investors understand how big a business could become, as well as the company's long-term potential. It's commonly called "total addressable market," or "TAM." Companies with larger TAMs inherently have more potential […]
- AAPL
- AMZN
- RGS
- ROKU
America's infrastructure – both natural and manmade – has been one of the greatest drivers of the size and power of our economy... The rivers of the Northeast helped make the country an early industrial powerhouse. And the massive network of rivers feeding the Mississippi allowed the U.S. to unlock the value of the 1803 […]
- MTZ
First-quarter earnings season is drawing to a close... With most of the S&P 500 Index's component companies having reported numbers, we can begin to look at how Corporate America has matched up to analyst forecasts coming out the coronavirus pandemic. So far, a strong 85% of reporting companies have beat their analysts' expectations. On average, […]
- JPM
One of the few positives of the pandemic has been more time at home for reading, writing, and catching some great investors online... And that includes investing legend Warren Buffett's Berkshire Hathaway (BRK-B). Earlier this month, the company held its famed annual meeting. In the pre-pandemic world before social distancing, more than 40,000 investors would […]
- AAPL
- BRK-B
The next 'Digital Frontier' is unfolding... Companies like Waymo – a division of Alphabet's (GOOGL) Google – Tesla (TSLA), and Uber (UBER) are working to make the next science-fiction idea into reality. Self-driving cars – or autonomous vehicles ("AVs") – are steadily evolving into a real product. These companies are currently conducting real-world testing, with […]
- APTV
- GOOGL
- TM
- TSLA
- UBER
Travel destinations are rethinking their commitment to some parts of the industry... The travel and leisure industries have spent the past year shellshocked as travel plans around the globe screeched to a halt during the coronavirus lockdowns. Major cruise lines and airlines are a long way from recovering to their pre-pandemic levels. However, as vaccine […]
- CCL
- RCL
One of the hottest investment themes of the past five years is to be 'better'... Environmental, social, and governance ("ESG") investing has become a massive force in the investment industry in recent years. This investment philosophy involves choosing companies that don't focus solely on profits, but also on all the different ways a business affects […]
- MSCI