Mid-Con Energy Partners (NASDAQ:MCEP) is one of the holdings in the Distressed Value Investing portfolio and has gone up approximately 43% since it was added to the portfolio in early August. Despite its large rise, I believe that Mid-Con still offers some value at its current unit price as it has fixed its borrowing base issues and appears to have reduced its unhedged breakeven point to approximately....More>>>
Heres something worth remembering: Forgetfulness is a normal part of getting older. So-called senior momentssuch as having trouble recalling an acquaintances name at a party, misplacing your keys and other small lapsesarent necessarily cause for concern. Some people start to recognize changes to their memory as early as their mid-50s. More will notice a change in their 60s. By the time theyre in....More>>>
In a short period of time readers and I have been pleasantly surprised by the outperformance of this model portfolio.
Click to enlarge Figure 1: Ceviche Fund Snapshot November 19th
While the fund takes a “go anywhere” approach, lately the opportunities we’ve been seeing are in biotech companies that are undervalued relative to their future prospects, with catalysts....More>>>
“Mors tua, vita mea” (literally “your death is my life) probably was the motto that gladiators, in the ancient Rome, recited before entering in the Coliseum and fighting for their life. Over and above its literal translation, this Latin expression means that what is a damage for one person is often an advantage for another. There can only be one winner in a competition; that is....More>>>
By Avi Lavi, David Dalgas
When equity investors chase what’s hot, it often ends in tears. Today, the safety trades that have been so popular earlier this year are actually looking quite dangerous.
We’ve seen this film before. There are countless examples throughout modern market history of investors following crowds into performance fads and getting crushed on the way down.....More>>>
Regulators are not required by the Constitution, but Congress, perverse as it is, is the body closest to the people, getting put up for election regularly. Of course Congress should oversee financial regulation and monetary policy froman unelected Federal Reserve. That’s their job.
I’m not saying that the Congressmen themselves understand these things well enough to do anything....More>>>
Tyler Technologies (NYSE:TYL) is a provider of information management software for the public sector, with a focus on small, local governments. TYL’s software applications and services are generally grouped in three areas: financial management and education; courts and justice; and property appraisal and tax.
The bull pitch is that TYL is focused on smaller governmental agencies that....More>>>