Equities | Special Situations

Closed-End Fund (CEF) Trading at 45% Discount to NAV and ~11% LTM Dividend Yield w/ Recent Activist

Closed-end fund arbitrage Closed-end fund arbitrage involves the simultaneous buying and selling of closed-end funds that are ideally...

Latest 2Q23 Hedge Fund, Mutual Fund, and Research Firm Letters Across Hundreds of Managers

Latest investor letter updates for 2Q23! We have been sharing insights on investor letters and returns since 2021: There is a lot to...

Busted IPO Screener (2021-2023) Tracking Names Below Net Cash

See our excel database of over 2,000 busted IPOs attached below and refer to our Discord to see our Podcast/Webcast on how to use this...

What will Powell do (WWPD) on December 14-15th?

The following is a shortened macroeconomic piece discussing inflation, tapering, rates, and the Federal Reserve. The full piece is...

SPAC Catalyst: $JOBY Aviation (published 9/2/21)

The following is an excerpt from the first page (1 of 6) from the SPAC Catalyst report before an 18% sell off in $JOBY shares on 9/3/21....

SPACS: What Do Historical Returns Look Like Post De-SPAC?

In 2020, due to unprecedented easing by the U.S. Federal Reserve, SPAC IPO issuance absolutely skyrocketed. In 2020 alone, 248 SPAC IPOs...

Inflation's Impact on Financial Assets

U.S. CPI expectations accelerated dramatically over the last 12 weeks and the impact on the U.S. treasury curve has been a shock to long...