![]() Through this post, I found out about the Davis Center for Portfolio Management at the University of Dayton. ![]() I posted the following job description and received 40 high quality applications within 48 hours. Alex recently told me, “No doubt Twitter is why I got this job.” He recently announced that he accepted a job as an analyst at a long/short hedge fund in Seattle. When he recently applied for a micro cap analyst position, the hiring manager picked Eddie for the job mainly because Eddie had demonstrated his equity research abilities and interest online.Īnother example is Alex Jones, another friend, who I met through Twitter (we traffic in the same stocks).Īlex is very active on Twitter and built a good following with great calls on Manitowoc, Orion Engineered Carbons, and others. Through Twitter, he’s been able to meet like minded investors, exchange ideas, and become a better investor. He formerly posted on there and on Twitter under the handle LowTideInvest. We are up about 123% and book value per share is $16.24 so there is still some good upside remaining.Ī good friend of mine, Eddie, ran a site (with his partner Mike) called Low Tide Investments. I quickly recommended the name to my subscribers and bought it myself. Better yet, the company has operating businesses and real estate that are worth even more. To summarize, you had a recent spin-off trading at 39% of the cash that it had on its balance sheet (with no debt). It was tiny and there were some corporate governance concerns and so I didn’t spend much time on it until I saw Neil Cataldi tweet this. I closely follow spin-offs but this one had slipped under the radar. The next idea is BBX Capital (BBXIA), which was a tiny spin-off which began trading in October 2020. I’ve sold half my position, but I’m up 160% (or $10,300) on my remaining position. Private equity is a great business (locked up capital, high fee, and high margin) with secular tailwinds. I bought the name after learning about it from Dave Waters and Tim Erikson who both separately posted about it frequently.Īt the time that I invested, P10 owned a collection of rapidly growing private equity general partnerships and was trading at about 5x free cash flow. I will personally share two profitable ideas that I sourced from Twitter in 2020. ![]() Oh, he’s just generated an 86.4% annualized gross return (60.6% net) since launching his fund and is currently the third highest ranking member on Micro Cap Club. Or listen to Connor Haley, founder of AltaFox Capital. ![]() Here’s Gavin Baker, former Fidelity OTC portfolio manager and current managing partner and CIO of Atreides Management. Twitter is one of my favorite sources of new investment ideas.īut don’t take it from me, listen to the pros. I would soon discover it’s a gold mine in many ways. Once I started working full time at Stock Spin-off Investing, I started spending more time on Twitter. I also couldn’t access Twitter from my work computer so that didn’t help. It just seemed like a bunch of people arguing with one another. But I figure I will just publish this version, and then update the article over time.įrom 2006 to 2018, I worked at a large investment manager and then at a large US investment bank and didn’t really see the use for Twitter. I delayed it time and again because I wanted to add more material. I’ve wanted to write this article for a while.
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