Special situation investing aims to exploit specific corporate actions to capture profits with minimal risk. And unlike many investment strategies, this one can work relatively quickly and in just about any market environment, making it a fantastic complement to a traditional investment portfolio.
In this issue, we introduce the ultimate recession-proof “forever” stock. Its dominant competitive position and world-class capital efficiency set the stage for 15% annual returns over the next decade.
Inflation headwinds could increase as we head into the end of the year, weighing on investor sentiment. But the price growth picture could turn the corner in the early part of 2024, improving the outlook for stocks and bonds...
Hershey is a powerful real-life example of my signature capital efficient investing approach. And it's now approaching an attractive valuation for the first time in years.
In this issue, we’re introducing a business poised to reap a windfall by unleashing the next agricultural revolution: the rise of autonomous, precision farming.
We understand why momentum investors are shorting bonds, but we don’t necessarily agree with their take. The Federal Reserve must be overly cautious, telegraphing that interest rates may have further to rise. But we believe the rate hike cycle is close to finished, if not already done.
Today, we’re launching the Porter & Co. Black Label Podcast – a provocative, no-holds-barred space where Porter will talk markets, politics, and life with a series of very special guests.
Bank loans are becoming harder to obtain. Meanwhile, credit ratings on corporate bond issuers are improving. The freight train represented by credit tightening is hurtling down the track, but it hasn’t arrived at the station yet.
In this exclusive excerpt from his seminal work on special situations investing, author and trader Maurece Schiller shows how to profit from companies undergoing a reorganization, merger, acquisition, spinoff or corporate misstep. First chapter reproduced by publishers' permission.