by Matt Brice | Nov 12, 2018 | Ideas, Investment Journal
Shake Shack (“Shak”) is a burger joint that is much more than a burger joint. It’s tough to describe if you haven’t eaten there. At the end of 2018, Shak will have about 123 domestic (U.S.) company-owned locations and about 85 Licensed Shacks (the majority of the...
by Matt Brice | Oct 26, 2018 | Ideas, Investment Journal
VRSN reported their quarterly results last night with a brief 30 minute conference call (you could also read the transcript in about half that time). The remarkable thing about VRSN is really how unremarkable it is. The business is highly focused on managing the .com...
by John Huber | Sep 18, 2018 | Ideas
I have been buying shares of Altaba (AABA) over the last couple weeks. Altaba is the leftover stub that used to be Yahoo. It is now basically a holding company that owns stock in Alibaba. The NAV of AABA trades for a sizable discount to their stake in BABA. And even...
by John Huber | Sep 7, 2018 | Ideas, Investment Journal
Here is a note I sent to my investors just now, and I wanted to share it here with readers. Below is a copy of the note. Dear Investment Partner: I hope you had an enjoyable summer. I wanted to send a brief note with a few comments. One, I took a trip to China over...
by Matt Brice | Aug 27, 2018 | Ideas, Investment Theory
Facebook's one day drop on July 27th was impressive. It marked the largest ever loss of equity value for a U.S. listed company. However, to achieve such a feat requires a large market cap before such a day, quite an impressive feat on its own. This feat was only...
by John Huber | Aug 22, 2018 | Ideas
Yet again, another incredibly mundane title.... but I'll be optimistic when I say let's continue with some (hopefully) more interesting thoughts -- at least interesting to me if no-one else :) Last week, I wrote a post on my trip to China. For those who haven’t read...
