The Stealth Real Estate Bubble
A record $2.5 trillion of CRE debt will mature between now and the end of 2027. However, several massive headwinds could make it more difficult than usual for borrowers to refinance these debts this time.
Topic
The Big Secret on Wall Street (this week)
A collection of 44 issues
Sell Alert: Lock In 17% Gains on Activision
On March 3, 2023 we recommended shares of Activision Blizzard, whose on-again, off-again deal prospects with Microsoft have fueled great speculation. This week, a positive development in the negotiations has pushed ATVI shares 10% higher – close to our best-case-scenario projected upside.
A Lender Built to Return 750% on Invested Capital
The U.S. housing market faces the prospect of a decade-long supply crunch. Today, we’ll introduce our next play on America's housing shortage, and one of the most capital efficient business models we've come across.
The Repo Man Is Here
The auto lending bubble is popping as more Americans are unable to pay their car loans. The tightening credit conditions that are weighing on subprime auto borrowers signal danger for the far larger corporate and government debt markets.
A Dirty Energy “Fortress” With A 25% FCF Yield
Trillions spent on “renewable” energy sources like wind and solar have failed to make a dent on fossil fuel consumption. And the lack of investment in fossil fuels is creating energy shortages around the world… unleashing a cash flow windfall for one of the world's most hated commodity producers.
Defeating Toadzilla
For the past several months here at Porter & Co., we’ve urged long-term investors to be cautious. We continue to believe a severe economic contraction is approaching. But that doesn't stop us from finding shorter-term bullish opportunities.
Special Anniversary Edition: Two “Cash Compounders” for the Price of One
To kick off Year #2, we’ve set our sights on an industry that’s deeply underappreciated… enjoys a unique quirk of financing that allows the strongest players to be ludicrously profitable... and is essential to the operation of civilization as we know it.
Why Artificial Intelligence Investors Are Heading For A “Die-Up”
Could you make a fortune buying into the AI boom today? Perhaps. We would rather own a world-beating business in a sector that is uniquely underappreciated by investors. In this issue, we recommend one of the highest-quality businesses ever created.
A “Gold Digger” That Gets Paid to Do Nothing
Unless central banks and policymakers are willing to deal with a major credit crash, all roads lead back to lower interest rates and more money printing. That’s why we believe now is the time to safeguard your wealth from the demise of fiat currencies with the two ultimate stores of value.
The Magic of OPM: Other People’s Money
In 2007, Porter recommended NVR, the pioneer of the "land-lite" homebuilding business model. Investors who followed Porter’s advice posted total returns of 1100%+. Today, we introduce a company that is taking a page out of the NVR playbook and is in the early innings of rapid expansion.