Special Situation Investing

In today's episode find out how a special situation is building in the small cap O&G sector. Show transcript can be found at: https://specialsituationinvesting.substack.com Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to receive and stream bitcoin...

Learn how the economics of bitcoin mining combined with bitcoins fixed supply schedule create a framework for investors to understand its price action. The website discussed in todays show can be found at the following link: https://en.macromicro.me/charts/29435/bitcoin-production-total-cost Show transcript can be found at: https://specialsituationinvesting.substack.com Remember you can support th...

An update covering announcements from the Garrett Motion as it raises 2023 guidance and fast-tracks its capital structure simplification post spin-off. Show transcript can be found at: https://specialsituationinvesting.substack.com Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast ind...

A deep dive into the wealth creation system and how to identify your own greatest advantage.  Show transcript can be found at: https://specialsituationinvesting.substack.com Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to receive and stream bitcoin micro pa...

Two part series detailing the overarching steps in wealth creation and how a systematic approach can clarify your thinking.  Show transcript can be found at: https://specialsituationinvesting.substack.com Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to rece...

Diving a level deeper into the critical thinking process of Charlie Munger by exploring one of his favorite mental models.  Show transcript can be found at: https://specialsituationinvesting.substack.com Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to recei...

Today's show takes the form of an inquisitive essay versus an investment thesis. We will explore the nature of a social media banking debate and look for ways to improve the quality of our own thinking in the process.  Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and a...

Deep dive into the unusual board room dynamics at TPL and there impact on the companies stock. Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to receive and stream bitcoin micro payments between fans and content creators. Get payed just to listen or "boo...

Updates from the quarterly call and our thoughts on NRP's valuation.  A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to receive and stream bitcoin micro payment...

Deep dive into Teck mining company's upcoming spin-off of its steel coal division.   Mohnish Pabrai video link - https://www.youtube.com/watch?v=w0BJIfNSHYY A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its cont...

A humble attempt at outlining Charlie Munger's multi-disciplinary, mental model approach to elementary wisdom A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to...

Overview of the upcoming Madison Square Garden Spin-Off of MSG Sphere. While we don't plan to hold this investment ourselves our research into the company was insightful and may be worthy of consideration for investors with media company insight or expertise. https://theathletic.com/podcast/246-shattered-hope-heartbreak-and-the-new-york-knicks/ A transcript of the episode can be found at (htt...

Our initial dive into a hard-asset, asset-light (dare we say, coal?) royalty company with massive potential A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to receive...

Overview of Ammo Inc's upcoming Spin-Out of GunBroker.com and the potential double digit upside in the newly spun-out company.  A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index an...

A big-picture view of Icahn Enterprises (IEP) and why it could be an attractive play in the current market environment A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users...

Overview of a multi faceted John Malone spin-out including Formula 1 racing, Live Nation, Sirius XM and the Atlanta Braves.  A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows...

Review of Jeremy C. Miller's book, Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor.   A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its cont...

Short term trades based on structural market inefficiencies can lead to long term returns. For an expert level review of this framework please watch Murray Stahl's video on Value Creation From Value Destruction: https://vimeo.com/216016883/10b948b174 A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following...

Updates from PHX Minerals' quarterly report and recent press release.  A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to receive and stream bitcoin micro paymen...

Overview of French energy company, TotalEnergies, Canadian oil sands segment spin-off.  A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to receive and stream bitcoin...

A growing small-cap, SaaS company providing solutions for the oil and gas midstream sector.  A transcript of the episode can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to receive and stream bit...

Review of Richards J. Heuer's little known book The Psychology of Intelligence Analysis. In the book Heuer reviews several the limitations to human cognition that effect our decision making and proposes his Analysis of Competing Hypotheses (ACH) method to organize our thinking and conclusions. I found the book highly relevant to investment decision making especially as it relates to analyzing...

With bitcoin down over 60% in dollar terms for the year we thought it might be helpful to look at eight separate lenses through which you can value the network. For further information on this topic I recommend the Bitcoin White Paper, The Denationalization of Money by Fredrich Hayek, the Essay on the Nature of Trade in General by Richard Cantillon, any of the papers or talks of Murray Stahl, and...

Discussion of some of the advantages available to small investors and how you can apply them to your own portfolio construction.  A transcript of the episode as well as the chart referenced can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: Consider switching to Fountain for all of your podcast listening. Fountain sources its...

Overview of Sitio Royalties and its upcoming merger with Brigham Minerals.  A transcript of the episode as well as the chart referenced can be found at (https://specialsituationinvesting.substack.com). Remember you can support the show in the following ways: To sign up for Strike visit the following link : https://strike.me/en/ To get $10 for you and $10 for me at sign-up use referral code: ZEYDWP...