Special Situation Investing
Episodes
OTCM's EDGAR Online Acquisition
23 Nov 2022
Contributed by Lukas
Analysis of OTCMs superior moat, market position, and how the EDGAR Online acquisition fits into its strategy. A transcript of the episode as well as...
Worthington Industries Spin-off
13 Nov 2022
Contributed by Lukas
Overview of Worthington Industries history and plans to separate its consumer products and steel processing business via a tax free spin-off. A tran...
Know When to Hold'em and Know When to Fold'em
06 Nov 2022
Contributed by Lukas
Today's show covers a hodgepodge of announcements, earnings reports, and corporate events that impacted some of our holdings last week. Key conce...
PHX Minerals
31 Oct 2022
Contributed by Lukas
Summary of PHX Minerals history, valuation, and its transition to a pure play energy royalty. A transcript of the episode as well as the chart refere...
Investing and Risk
24 Oct 2022
Contributed by Lukas
Broad overview of proper risk mitigation techniques and investment perspective.A transcript of the episode as well as the chart referenced can be foun...
OTC Markets Group
16 Oct 2022
Contributed by Lukas
OTC Markets Group business model breakdown. A transcript of the episode as well as the chart referenced can be found at (https://specialsituationinve...
Portfolio Construction
10 Oct 2022
Contributed by Lukas
In response to some listener feedback today we delve into the purpose of the podcast as well as the basics of portfolio construction. A transcript of...
Chesapeake Granite Wash Trust
04 Oct 2022
Contributed by Lukas
Overview of Chesapeake Granite Wash Trust a small thinly traded oil and gas royalty company trading near a P/E of 5 with a 25% dividend yield. A tran...
Mesabi Trust Update 3
24 Sep 2022
Contributed by Lukas
Another Mesabi Trust update further detailing the idling of the mine by its operator, Cleveland Cliffs along with its valuation going forward. Remem...
(FI) Housing and Financial Independence
19 Sep 2022
Contributed by Lukas
In today's (FI) episode we discuss the importance of building wealth through your housing rather than using as a tool for consumption. A transcri...
Labrador Iron Ore Royalty Corporation
10 Sep 2022
Contributed by Lukas
Today's episode provides insight into, Labrador Iron Ore Royalty Corporation, and its low cost operator advantaged business structure. Remember ...
Knife River Spin-Off
04 Sep 2022
Contributed by Lukas
Overview of MDU Resources Group (MDU) planned spin-off of Knife River. Remember you can support the show in the following ways:To sign up for Strike ...
Algoma Steel Group Inc.
30 Aug 2022
Contributed by Lukas
Summary of both the warrants and common stock valuation of Algoma Steel Group Inc. Remember you can support the show in the following ways:To sign up...
(FI) The Why Behind FI
20 Aug 2022
Contributed by Lukas
Revisiting financial independence for the second time in our short series on that subject today we discuss the why behind FI. By detailing the reasons...
Vitesse Energy
14 Aug 2022
Contributed by Lukas
Jefferies Financial Group spin-off of Vitesse Energy. Remember you can support the show in the following ways:To sign up for Strike visit the followi...
(FI) My Single Greatest Cost Saving Tactic
10 Aug 2022
Contributed by Lukas
Our first in a series of financial independence podcasts that will be cycled in with our standard investment writeups. Today's discussion touches...
Increased Rates, Higher Valuation?
05 Aug 2022
Contributed by Lukas
Why some businesses, with high fixed debt, can increase in value as interest rates rise rather than decrease. Remember you can support the show in th...
RXO Logistics - A Spin-Off is Named
26 Jul 2022
Contributed by Lukas
XPO Logistics names its next spin-off and we summarize the advantages imbedded in the brokerage business model. Remember you can support the show in ...
Office Depot's Dutch Tender Offer
22 Jul 2022
Contributed by Lukas
One more update in the Office Depot restructuring saga with a massive share repurchase and FY22 earnings guidance. Remember you can support the show ...
Update - Fortress Transportation and Infrastructure (FTAI)
19 Jul 2022
Contributed by Lukas
Final update on the Fortress Transportation and Infrastructure (FTAI) spin-out prior to its Thursday 18 July record date. Remember you can support th...
Oil Ain't Toast
12 Jul 2022
Contributed by Lukas
Macro look at global energy consumption as it pertains to oil and gas producers. Remember you can support the show in the following ways:To sign up f...
Texas Pacific Land Revisited
09 Jul 2022
Contributed by Lukas
Texas Pacific Land viewed through the lens of Monish Pabrai's growing-pie and "spawner" framework. Remember you can support the show i...
Updates - Office Depot & Garrett Motion
26 Jun 2022
Contributed by Lukas
Summary of both Office Depot and Garrett Motion's spin-off and debt repayment press release. Remember you can support the show in the following ...
Fortune Brands Spin-Off
21 Jun 2022
Contributed by Lukas
Summary of Fortune Brands Home & Security, cabinet business spin-off. Remember you can support the show in the following ways:To sign up for Stri...
Garrett Motion Amended S-1
13 Jun 2022
Contributed by Lukas
Break down of Garrett Motion's amended Form S-1 and implications of the institutional investor share registration. Remember you can support the ...
Vista Outdoors, Sporting Division Spin-Off
05 Jun 2022
Contributed by Lukas
Recently announced spin-off of Vista Outdoors Sporting Division presents an opportunity to purchase their ammunition business at a bargain price. Rem...
Sandstorm Gold Ltd (SAND)
23 May 2022
Contributed by Lukas
Overview of Sandstorm Gold Ltd, its upcoming purchase of Nomad Royalty, and its purchase of multiple BaseCore Metals royalties. Remember you can supp...
Intercontinental Exchange Part 2
17 May 2022
Contributed by Lukas
In Intercontinental Exchange Part 2 we delve deeper into the business model that makes ICE a fantastic company to own for the long term. Remember yo...
Intercontinental Exchange Purchase of Black Knight Inc
09 May 2022
Contributed by Lukas
Overview of the recently announced Intercontinental Exchange Purchase of Black Knight Inc. ----Remember you can support the show in the following way...
Garrett Motion Q1 Earnings Call
02 May 2022
Contributed by Lukas
Update to Garrett Motion Series A Preferred (GTXAP) in light of the companies Q1 2022 earnings call. Remember you can support the show in the followi...
Bitcoin Point of Sale Payments
23 Apr 2022
Contributed by Lukas
Overview of Jack Mallers Bitcoin Miami "Bitcoin Point of Sale" announcement. For the full announcement check out the following link: https:/...
Fortress Transportation and Infrastructure LLC
18 Apr 2022
Contributed by Lukas
Guest presenter reviews Fortress Transportation and Infrastructure LLC detailing the upcoming NASDAQ listing, restructure, and spin-off.
XPO Logistics Update
10 Apr 2022
Contributed by Lukas
Update to XPO Logistics Spin-Off after the companies announced Intermodal business sale.
Options and Spin-Offs
03 Apr 2022
Contributed by Lukas
A brief discussions of call options and spin-off investing.
Mesabi Trust Part 2
26 Mar 2022
Contributed by Lukas
Additional information on the asset life and advantages surrounding Mesabi Trust.
Texas Pacific Land
21 Mar 2022
Contributed by Lukas
Overview of Texas Pacific Land (TPL) a Permian Basin based oil and gas royalty company with no debt and massive growth potential.
XPO Logistics
16 Mar 2022
Contributed by Lukas
XPO logistics split up and sale of its Truck Brokerage, North American Intermodal/Drayage, and European Transportation Business.
Bitcoin
07 Mar 2022
Contributed by Lukas
Discussion of Nassim Taleb's Bitcoin paper and does bitcoin have a use case?
Mesabi Trust
01 Mar 2022
Contributed by Lukas
Mesabi Trusts business model and legal dispute with Cleveland Cliffs.
Garrett Motion Series A Preferred
23 Feb 2022
Contributed by Lukas
Garrett Motion Series A Preferred. Garrett Motion, a 2018 spin-off from Honeywell that recently emerged from bankruptcy with lots of upside left in 20...
AT&T Spin-Off of Warner Media
20 Feb 2022
Contributed by Lukas
AT&T Reverse Morris Trust Spin-Off of Warner Media into Discovery Inc to create the combined Warner Brothers Discovery.
UPDATE to Post Holding Spin-Off
16 Feb 2022
Contributed by Lukas
UPDATE to Post Holding Spin-Off of BellRing Brands following the 14 Feb ex-dividend announcement.
3Ms Spin-off & Sale of its Food Safety Business
13 Feb 2022
Contributed by Lukas
3Ms Spin-off & Sale of its Food Safety Business to Neogen.
Post Holding Spin-Off of BellRing Part 2
10 Feb 2022
Contributed by Lukas
Post Holding spin-off of BellRing part two where we discuss management teams and capital allocation.
Post Holding Spin-Off of BellRing Part 1
06 Feb 2022
Contributed by Lukas
Part 1 of Post Holding spin-off of BellRing Brands.
Exelon Spin-Off of Constellation Energy
01 Feb 2022
Contributed by Lukas
Quick valuation of unregulated Constellation Energy after today's spin-off from regulated transmission and distribution utility Exelon.
Office Depot (ODP) Retail Spin-Off
29 Jan 2022
Contributed by Lukas
Short valuation of Office Depot's upcoming retail division spin-off along with the remaining B2B company.
BlueRock Residential Growth REIT Spin-Off
25 Jan 2022
Contributed by Lukas
Blackrock acquisition of BlueRock Residential Growth REIT and (BHOM) Spin-Off.
OceanPal OP Update
23 Jan 2022
Contributed by Lukas
Update to OceanPal spin-off after company issues additional shares.
Vector Group (VGR) Spin-Off of Douglas Elliman Inc (DOUG)
21 Jan 2022
Contributed by Lukas
Today's summary and valuation cover the recent Vector Group spin-off of property management and real estate company Douglas Elliman Inc.
Diana Shipping Spin-Off of OceanPal Inc.
20 Jan 2022
Contributed by Lukas
Episode one values a recent Greek dry bulk shipping micro-cap selling at a significant discount to fleet scrap value.