Andrew Walker
5,453 posts
Andrew Walker
@AndrewRangeley
Joined October 2015
- $KKR on giving employees of portfolio companies ownership. Some really interesting behavioral psychology here.
- My #1 prediction for 2022: deep value retail & cyclical commodities outperform. Simply too cheap, and most are returning capital aggressively in some forms (generally divs for the commodities; repos for the retailers). Any favorite names for those themes I should be looking at?
- The $PSTH / $UMG deal is insanely complex. A conspiracy theorist might wonder if the complexity is intentional to hide some value.... I tried my best to break down the deal here; I'd love to hear from you if you notice something I'm missing! yetanothervalueblog.substack.com/p/breaking-dow…
- At $90/share, $GME is worth barely more than NBA 2K21 ($70). It's still cheaper than a Nintendo Switch or Xbox. 291% upside to my $350 target price, equivalent to the cost of a PS4. I know it's conservative to price based on a last gen console, but I am a value investor!
- Just a casual multi-hundred million dollar option package granted to $DISCA's CEO the day before announcing a hundred billion dollar mega merger. Totally chill; nothing to see here. Right @NonGaap ? sec.gov/Archives/edgar…
- Cannot believe one man covering a short can move the treasury market like it's a penny microcap.
- Repurchasing shares in a bear market can create tons of shareholder value. Unfortunately, most companies stop buybacks when markets drop and investors generally don't know until earnings released months later It's frustrating... but I do know one trick to check intra-q buybacks!
- Legit mind-blowing to me that $CCIV / Lucid (one of the best performing SPACs of all times) appears to have come together because Bloomberg wrongly reported they were in merger talks, but they saw the report and thought "yeah, that makes sense, let's do it!" (h/t @DJohnson_CPA )
