Click here to read our brief 4.25-pager letter to investors reviewing the past year as well as the year ahead. Speed Read: We had a frustrating fourth quarter and ended the year flat. We outline major contributors to alpha; In order…
Our second quarter letter explores the primary driver of our recent performance: large gaps between trading consensus and reality. We have continued to refine this ranking framework, and we explain further in our short 3.5-page letter. Click here to read…
Last week, we completely revamped our research and model on Altisource Residential, a stock we very much still like given the deep discount to peers and a business model that’s proving the skeptics wrong thus far in 2016. By this…