Superfluous Value Blog
Latest from the Blog
- The blog has moved to SubstackHi everyone, Thanks for following along on the blog so far, the nearly two years of Superfluous Value have been some of the craziest in market history. I have been approached by Substack to take my blog onto their platform and after scoping it out and taking the advice of several bloggers much more experiencedContinue reading “The blog has moved to Substack”
- Antero Resources: How to 20x Your Money (After a 96% Drawdown)That’s amazing Guy, you added near the bottom, right? Glad you asked… of course I didn’t.
- Following Up Ping AnOn balance, I still believe Ping An is too cheap and has an exceptional, probabilistic-weighted return. However, given the wide dispersion of macro risks and opacity of the Chinese financial system, it is also unsuitable as a concentrated position and should be sized according to large impairment being one possible outcome.
- Lloyds Bank: Worth the PainIf there is a developed market that has been loathed to the point of total indifference, it is the UK. Between the initial Brexit horror, the slumping Pound and ongoing political shambles, investors have gone through all the stages of grief and with good reason. Within the UK market, the financial sector has been particularlyContinue reading “Lloyds Bank: Worth the Pain”
- Barrick: The Best Hedges Are Those You’re Paid To TakeIf you are hunting for a sector that is a long way off its highs in the midst of a bull market in just about everything else, look no further than precious metals. I have a 4% weighting in Barrick Gold, but I view it very differently to many stock pickers and am aware thereContinue reading “Barrick: The Best Hedges Are Those You’re Paid To Take”
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