NNC Update
The initial September 22nd deadline for voting against the Nuveen North Carolina Municipal Income fund (ticker: NNC) has been extended. We stand resolute...
October 10, 2019
Better Options for NC Munis
We are voting against Nuveen’s proposal to restructure the Nuveen North Carolina Municipal Bond fund (NNC) and we think you should join our...
September 11, 2019
Thoughts on auto auctions and horse manure
We recently presented our investment thesis on KAR Auction Services (KAR) at ValueX Vail. Aside from a "leisurely hike" up the mountain at...
June 26, 2019
Spinning Gold
“Choosing individual stocks without any idea of what you’re looking for is like running through a dynamite factory with a burning match. You...
March 13, 2019
BROTOX with a Catalyst
I attended my first BOTOX party this year. While I resisted the urge to join in the festivities, I believe the upside from...
June 11, 2018
Virtual Risks to Ashley Madison?
In our last post, SeaWorld Worst Case, Not So Bad, we discussed the importance of questioning one’s assumptions. "Sometimes, the answer is obvious. New...
March 26, 2016
SeaWorld Worst Case, Not So Bad
Investors like to talk about what’s working in the portfolio. It feels good to talk about investments which have played out as expected....
March 20, 2016
Managing a Creative Culture
Edwin Catmull left Lucasfilm in 1986 when the firm's digital division was purchased by Steve Jobs, marking the birth of Pixar. After Disney...
November 17, 2015
TWX: Taking Stock of Old Opinions
"An individual has a stock of old opinions already, but he meets a new experience that puts them to strain. Somebody contradicts them;...
October 20, 2015