Yoga pants and oil…
As the market is focused on ORCL’s *not fake* RPO numbers, we continue to hunt for themes outside of the mainstream. Call us boomers all you want but we like value, with real assets and investing in things that hurt if we drop them on our foot (h/t Gartman). But every time we write about…
The Roaring 20s….
,It feels like every week in KEDM we are mentioning a new crypto treasury stock – this week, its American Bitcoin, last week was Trump & Co. trying to corner CRO. In many ways, these stocks capture some of the market’s greatest hits over the past few years: they pop up at the speed of…
Bye, Bye Lula
It seems like groundhog day at KEDM. Wasn’t that long ago (Q4 2024-Q1 2025) when NVDA was dominating the headlines, and we were leaning into SMH/SOXX as a proxy, all the while hunting EMs. Fast forward 6 months and here we are with NVDA & Co. still propping up the entire market at 14% of…
Big Themes With RooJoo
We want to thank Roderick for joining us on Friday to chat thematics, ED and KEDM. We covered a TON of ground from nic pouches, to US automotive (Issue 237), to Long Vol names. As we typically do, we will get the recording up on the Video section of the website later this week. In…
Ice, Ice Baby
It’s been almost 6 weeks since the Big Beautiful Bill Act passed and most of the tax benefits for American businesses have been well discussed. 100% bonus depreciation on Capex and full tax deductibility of R&D are welcome benefits for US based businesses, but there are many niche provisions that have received far less coverage.…
Public Service Announcement…
As an FYI, we got the video recording from last week’s Happy Hour with Gator Capital’s Derek Pilecki up on the website. For those that missed the live session, it’s definitely worth watching as he knows his niche – click here. Moving over to thematics, a few week’s ago we introduced a good friend,…
Financials Unplugged
We want to thank Derek for jumping on this months Happy Hour to chat all things Financials! Was a great episode and we learned a lot! We urge everyone to shoot him a follow at @GatorCapital and sign up for his quarterlies. We have read him for a decade and highly recommend! As always, we…
Chomp, Chomp…
Reminder that next week, Friday at 4:15 EST, we will be hosting our “Financials Unplugged” Happy Hour with Gator Capital’s founder, Derek Pilecki. This guy knows all there is on financials and has turned out returns for decades. We are looking forward to getting some insight on some tradeable opportunities as the curve steepens in…
Toll Roads
Turning to the markets, this week we decided to invite our very good friend Roderick van Zuylen, aka RooJoo, to these KEDM pages to discuss a new theme. You may recognize the name as Roojoo is quite active in the Discord (@roojoo) and on Fintwit (@roojoo3). And similar to our KEDM style, he thinks in…
Hold the Peg
Moving onto a trend that’s suddenly become interesting, we want to chat briefly about currency pegs. As you’re well aware, certain hedge funds have made their careers out of breaking currency pegs. However, we aren’t going to be looking at those. Instead, we want to look at pegs that act more like stable coins (chock…