Celestica's $3B Raise: Investors Don't Like Dilution And EPS Headwinds (Archive)
AI demand drives revenue upgrades, but $3B equity raise dilutes shares and extends return timelines.
5-Minute Pitches
Aeluma: Brilliant Tech But Challenging Valuation Math Fraught With Execution Hurdles (Archive)
Aeluma offers compelling tech but faces steep valuation math and execution hurdles.
Sivers Semiconductors: Overhyped With Poor Fundamentals (Archive)
Sivers Semiconductors trades at an unsustainable 27x revenue multiple despite volatile earnings and uncontracted capacity expansion.
SoFi Technologies Q2 Preview: Product Expansions, Weak Consumer Macros And A Tough Growth Ask (Archive)
SoFi stock needs to grow much faster than expectations to justify its valuations.
Performance
Portfolio Performance - Jul'26
Jul'26: ~6.2% annualized alpha, Sortino ~1.7, IR 0.53, low max drawdowns. Live, real-money portfolio.
Portfolio Performance - Jun'26
Jun'26: ~8.0% annualized alpha, Sortino ~2.0, IR 0.69, low max drawdowns. Live, real-money portfolio.
Portfolio Performance - May'26
May'26: ~7.5% annualized alpha, Sortino 2.0, IR 0.67, low max drawdowns. Live, real-money portfolio.
Portfolio Performance - Apr'26
Apr'26: ~7.7% annualized alpha, Sortino 2.0, IR 0.73, low drawdowns. Live, real-money portfolio.
