In this episode of Pitch the PM, Doug welcomes Mark Layton, CFO of Mammoth Energy Services (NASDAQ: TUSK), to explore one of his highest conviction investment ideas and his first of twenty lifetime “Buffett punchcard” investments. This small cap company ($132 MM market cap) is valued below cash levels ($150 MM) with the market giving […]
Reverse Engineering Berkshire’s POOL Investment: Buying a Great Company in a Lull In addition to presenting high-conviction investment ideas, we also reverse engineer great investor’s thesis to improve our process. Pool Corp. has a leading position in a good industry and has demonstrated the ability to consistently grow FCF/share in the mid-teens with a high […]
3x Return Potential. Post recap, a new management team works to attach coursework to tuition and transform a dying, legacy business into a growing annuity. In the first episode of Pitch the PM, ex-Citadel Analyst & Millennium Senior Portfolio Manager, Doug Garber, grills Analyst, Alex Nuta’s BNED pitch. The Analyst uses the 10-Step Variant View Investment […]
