One thing I try not to do (either in general or on this blog) is navel gaze. While I’m always obsessed with whatever I’m doing, I understand that readers are generally here for commentary on the markets and value ideas. So I try not to bore readers with posts about my plans / goals for the Yet Another Value media “empire” (or my personal life) unless there are
For specific companies/sectors, I'd be very interested on your take of Gladstone Land $LAND or the farmland sector in general.
For $LAND specifically, it has more than tripled since the pandemic low, despite ~2x-ing the share count. Props to management because issued way above NAV, so NAV is has been increasing at a decent CAGR. Is this insane demand because, to my knowledge, $LAND and $FPI are only public pureplay assets?
For farmland more generally, perhaps one of the better inflation plays? I.e. a cashflow-ing real asset that is in both constant demand (people gotta eat) and constant supply decline (urbanization, salinization, climate change increasing droughts, etc). Potential play in carbon credit/sequestration market with innovate forms of farming such as agroforestry, regenerative/restoration agriculture, etc. To be quippy about it, there must be a reason Bill Gates is buying so much farmland.
I enjoyed reading the cable analyses you did on CHTR and ATUS and the M&A analysis of IAC + MDP. I also always look forward to the monthly things and ideas recap - the articles you put out are always super interesting and I wouldn't be averse to reading that every two weeks.
Happy new year. I enjoy your content tremendously, so keep it up! Podcasts in particular are great. Jim Mintzmeyer from Value Investor's Edge on Seeking alpha. He was in Bill Brewster's podcast and I thought it was a just OK shipping overview interview. I am a subscriber and a huge fan. ZIM special sit situation is very timely and worth covering in detail. Most gearing to high container rates and a multiple of about 1.5 with huge dividends. That plus the fact the container trade still looks amazing is worth discussing (other names in the sector have contracted cash flows for the next few years that cover the mkt cap). J is a pretty active trader, a great interview, and good for a couple podcasts a year. I have about 15% of my book in the 5 or 6 shipping sectors combined (valuations are still distressed, even if not quite as much as a year or two ago).
The blog is great as it is! No need to make any major changes.
Would be awesome if you could do a show with LibrarianCap on SWMA or PMI (or tobacco in general)!
For specific companies/sectors, I'd be very interested on your take of Gladstone Land $LAND or the farmland sector in general.
For $LAND specifically, it has more than tripled since the pandemic low, despite ~2x-ing the share count. Props to management because issued way above NAV, so NAV is has been increasing at a decent CAGR. Is this insane demand because, to my knowledge, $LAND and $FPI are only public pureplay assets?
For farmland more generally, perhaps one of the better inflation plays? I.e. a cashflow-ing real asset that is in both constant demand (people gotta eat) and constant supply decline (urbanization, salinization, climate change increasing droughts, etc). Potential play in carbon credit/sequestration market with innovate forms of farming such as agroforestry, regenerative/restoration agriculture, etc. To be quippy about it, there must be a reason Bill Gates is buying so much farmland.
Love your work, keep it up!
thanks for posting past goals. would love you to keep digging for diamonds in the deSPAC rough. some juicy oppos
yep, additional occasional posts about unusual, perhaps short-term, opportunities such as SWPH would be appreciated!
Not sure if he would be up for it, but Matt Rosen on MX would be interesting.
I enjoyed reading the cable analyses you did on CHTR and ATUS and the M&A analysis of IAC + MDP. I also always look forward to the monthly things and ideas recap - the articles you put out are always super interesting and I wouldn't be averse to reading that every two weeks.
Happy new year. I enjoy your content tremendously, so keep it up! Podcasts in particular are great. Jim Mintzmeyer from Value Investor's Edge on Seeking alpha. He was in Bill Brewster's podcast and I thought it was a just OK shipping overview interview. I am a subscriber and a huge fan. ZIM special sit situation is very timely and worth covering in detail. Most gearing to high container rates and a multiple of about 1.5 with huge dividends. That plus the fact the container trade still looks amazing is worth discussing (other names in the sector have contracted cash flows for the next few years that cover the mkt cap). J is a pretty active trader, a great interview, and good for a couple podcasts a year. I have about 15% of my book in the 5 or 6 shipping sectors combined (valuations are still distressed, even if not quite as much as a year or two ago).