If you want complicated, you’ve got it.
6

February 2023

Short article on an interesting situation. Orion Engineered Carbons (“Orion”) is valued as a commodity business, yet half of its earnings come from a…
3

January 2023

2022 was an interesting year for DigitalBridge (“Digital” or the “Company”) with strong performance of their portfolio companies (for the most part), a…
2

December 2022

It’s an interesting time to take a look at eDreams. In the last two months, we had an outstanding Q2 print, which shows the Prime subscription strategy…

November 2022

It was no front page news that this was going to be a bad quarter, not only did the President telegraph it at a recent investor conference, but also, it…
Today’s news of the settlement between Ammo Inc. and The Urvan Group was welcome news. Delaying this only enriched the proxy contest defense advisors of…
2

October 2022

In the last couple of months, several issues have come to light regarding Ammo Inc. (“Ammo”) including: a possible undisclosed related-party…
I think it is a good time to revisit eDreams given that they will soon have the anniversary of their 2021 Capital Markets’ Day, where the company…

September 2022

Unpacking and Challenging Ammo Inc.’s Separation Plans Ammo Inc. issued a press release on August 15th (see here…
I first became aware of Ammo Inc. (“Ammo”) after reading Brandon Beylo’s article on it last year…
Texas Pacific Land Corporation - A Remarkable Company with Abhorrent Governance. Texas Pacific Corporation Is a 100+ year old company, which started out…
2
Archaea Energy is one of the more interesting companies in the renewable energy space. Before getting into why this is the case, let us start with a…