Financials

Ares Capital: The Pros And Cons After Q2 FY24 Results (Archive)

ARCC’s deal activity remains robust, but slowing growth, peaking yields and average valuation warrant neutrality.

Why I Wouldn't Buy Berkshire Hathaway's Portfolio (Archive)

Berkshire's concentrated, slow-growing asset mix makes it a poor bet versus the S&P 500.

PayPal: Unattractive Given Far Better Opportunities (Archive)

PayPal’s weak growth, margin pressure and insider selling make the stock unattractive.

B. Riley: Unsustainable Profitability And Eroding Net Asset Value (Archive)

B. Riley’s weakening core profitability is eroding liquidity and exposing a fragile balance sheet.

Ares Capital: Competition Weighs Down On Yields And Margins (Archive)

Competitive pressures erode Ares Capital’s high-yield deal access and compress net investment margins.

Berkshire Hathaway: Why I Still Think It Will Likely Underperform The Market (Archive)

Apple concentration, manufacturing weakness and fair-value valuation point to negative alpha ahead.

B. Riley's Balance Sheet Is In Bad Shape With A Risky Solvency Position (Archive)

RILY’s core business faces structural solvency stress despite headline liquidity and recent short squeeze.