As an introduction to this blog I’d like to introduce three important concepts for understanding contemporary capitalism: casino capitalism, the K-shaped economy and financialization. Since I started in the business in 2006, the market has come more and more to…
Last week, in an attempt to improve home affordability, President Trump announced a possible ban on institutional ownership of single family homes. This resulted in a selloff in the two leading single family rental (SFR) REITs: American Homes 4 Rent…
Mondelez (MDLZ) is a $70 billion food company with a number of popular brands like Chips Ahoy!, Clif Bar, Ritz Crackers, Sour Patch Kids and Oreos, among many others. It is the 7th largest holding in the S&P Consumer Staples…
I have been stalking Nike (NKE) for 27 months now and have written four blogs on it over that period, biding my time for the right spots to increase my position while lightening up at times. I added a few…
$15 billion market cap Chewy (CHWY) is the leading online retailer of pet supplies. While I’m a big believer in businesses selling to pet owners because I believe that trend is in a secular bull market due to young people…
While the AI trade continues to dominate the market, one tech stock is being left out: Salesforce (CRM). CRM is down 31% YTD. With its 3Q25 earnings report coming up next Wednesday afternoon, this is an interesting moment for the…
Ulta Beauty (ULTA) is the leading cosmetics retailer in the country. They had 1473 stores as of August 2, 2025 and a market cap of $24 billion as of the close on Wednesday November 26. I bought it in the…
While next week is a short week due to the Thanksgiving holiday, there are two GARP stocks reporting earnings that are presenting a nice opportunity. GARP is a term popularized by Peter Lynch and stands for Growth At a Reasonable…
I am not attuned to this market environment and I don’t want to spoil a decent record by trying to play a game I don’t understand – Warren Buffett, Partnership Letter announcing the shutting down of his initial partnership, May…
This is one of the four busiest weeks of the year when five of the Magnificent 7 that dominate the markets report 3Q25 earnings. It started Wednesday afternoon with Microsoft (MSFT), Google (GOOG/GOOGL) and Facebook (META) and continues Thursday afternoon…