The greatest mental anguish this week stems from the thoughts: "I could have done better" and "Is my system being left behind by the times?" Micron (MU) doubled in a single month, yet I liquidated my entire position around last November. My judgment then was that
The recent broad-based sell-off and multi-year lows in the U.S. Healthcare Sector require a critical assessment of whether there are systemic headwinds over the next three years. Having been deeply influenced by China's Volume-Based Procurement (VBP) over the past three years—where aggressive negotiations slashed drug prices
2026/05/09 Globus Medical (GMED): The No. 2 Player in the Spine Market On May 2nd, I recorded my investment thesis for Alphatec (ATEC)—a company whose valuation is suppressed by short-term debt despite having the most advanced spinal surgery solutions (eliminating the need to flip the patient, saving
The war in Iran appears to be reaching its end. If a massive volume of oil begins flowing through the Strait, I need to be prepared for an energy investment landscape defined by falling oil prices. I am simulating which natural gas companies possess strong profitability if oil drops to
2026/05/07 Palomar Holdings (PLMR): The Leap of an Earthquake Specialist I. Core Business: Precision Strikes in Niche Markets Palomar avoids the "Red Ocean" price wars of the general insurance market, focusing instead on high-barrier specialty lines with strong pricing power—most notably, earthquake insurance. * 2026 Q1
Apollo is transforming itself into a "bank without a banking license." Its core competency is shifting from traditional buyouts to origination, making it a "super bank" that bypasses the heavy regulatory and capital constraints of the banking industry. The traditional PE model (like Apollo 20 years
EverQuote’s business is not selling insurance; it’s a marketplace. When consumers want to compare auto or home insurance rates, they visit EverQuote’s site. Every form filled out becomes a high-value "marketing lead." Using proprietary algorithms, EverQuote "wholesales" this precise data to insurance giants
I. EBITDA: A Misleading Metric for Roblox In its Q1 2026 earnings report, Roblox posted an Adjusted EBITDA of $99 million. While this looks decent on the surface, it pales when compared to its current $32.3 billion market cap (as of May 4) and the following massive deductions: * The
2026/05/03 Nasdaq +15% vs. LLY vs. Amazon A 15% single-month gain for the Nasdaq in April is rare. The last time saw such a jump and set a new high was December 1999 (4,069 points). Such gains are a signal to brace for significant volatility. From a
I. Market Landscape: Taking Market Share from Giants in a Multi-Billion Dollar Territory Spinal surgery is a non-discretionary market with a global scale of approximately $12–14 billion, long dominated by titans like Medtronic and Stryker. * High Ceiling: Based on ATEC's 2025 revenue of approximately $760 million, its
In the gold mining sector, I am looking for companies characterized by significant upcoming production growth and low costs. My goal is to find assets where production increases can hedge against a potential 30% drop in gold prices, while providing the leverage to significantly outperform gold bullion if prices continue
The allegations regarding "Day-one Markups" leveled by short-sellers against Hamilton Lane (HLNE) led me to investigate its competitor, StepStone Group (STEP). I. Latest Earnings Flash: Explosive Growth & Guidance According to StepStone’s Q3 FY2026 report (for the period ending December 31, 2025), released on February 5: * AUM