Investment write-ups SELL Activision Blizzard (ATVI) : Why I sold out BUY Activision Blizzard (ATVI) : Merger Arb with potential 10x option play PASS Alliance Resource Partners (ARLP) : Poor capital allocator, benefitting from record coal prices Can US house prices grow at 5.5% CAGR? (Nov-22) What is happening to house prices in DFH’s markets? (Nov-22) What happens to DFH’s balance sheet if it has to write off all options? (Nov-22) Wayfair’s path to 8% FCF Yields (Jul-22) BUY Wayfair: Potential to 8x in 8y (Jun-22) PASS HelloFresh May Lose Their Share of the Pie (Apr-22) EXIT Playtech: Why I sold out (Mar-21) Stabilus’s gas spring monopoly offers 14% IRR opportunity (Sep-19) BUY Nolato: Concerns about glo are wrong(Jul-19) EXIT Mincon: Acquisitive bits maker, not benefitting from cycle turn (Aug-18) SHORT PurpleBricks: Leading a Revolution without a Moat (Jul-17)
The Equity Analyst