This fund has put up impressive returns by being in strong disagreement with Buffett, Uniform Accounting shows what to expect going forward

May 29, 2020
Value investing has not been in vogue for some time, and this fund has benefited by deprioritizing value in its investment process
Recent Newsletters
May 28, 2020
This voice software company’s innovations have not translated to strong returns, but Uniform Accounting shows robust numbers
Paperwork is one of the most important processes in healthcare, ensuring that all medical and patient records are tracked and kept. However, this is a tedious process that takes up so much time
May 27, 2020
This company has had a high-yield grade from S&P since its IPO, but the market disagrees. Uniform Accounting uncovers who is right
This company issued debt a year after its IPO and in the six years since, S&P has remained adamant that it is a high-yield name
May 26, 2020
This utility-like industry isn’t regulated like one, and Uniform Accounting shows that has led to massive returns the market isn’t recognizing
Due to their steady volume demand and lack of switching alternatives for customers, utilities are heavily regulated by governments to avoid price gouging, thus limiting their profitability
May 22, 2020
Did a hedge fund great play in the World Series?
In October, we looked at one of the greatest hedge fund managers of all time who took the grandfather of value investing’s teachings, and expanded them while generating impressive returns.
May 21, 2020
UAFRS shows this company’s investment in “surge capacity” hasn’t just saved lives in the pandemic, its led to high profitability
The coronavirus pandemic highlighted the struggle of healthcare workers and the shortage of PPE (Personal Protective Equipment).
May 20, 2020
Uniform Accounting shows even companies in “safe” industries have credit and dividend risk the market isn’t capturing
Consumer staples companies like those in the packaged foods and meats industry are thought to be safe, especially in this environment when everyone is stockpiling on longer-lasting foods. Even if there’s no demand for many discretionary goods, everyone still needs to eat.
May 18, 2020
Market valuations are pricing in a permanent slowdown in economic growth, but history says that’s unrealistic
After the recent market skid, valuations and embedded expectations have fallen to their lowest levels in years.
May 15, 2020
This investor’s focus on a unique economic theory helped position his fund to be prepared for the sell-off this year
This student of Reflexivity has taken 65+ years of financial market experience to master the idea of themes and macro investing
May 14, 2020
Uniform Accounting shows this company is still profiting from the most profitable commodity of the Middle Ages
Spices have been one of the most valuable commodities for a number of centuries, especially during the Age of Exploration
May 13, 2020
UAFRS focuses on operating profits, even “non-operating” operating expenses, leading us to understand this credit better than the market
Special items give companies a chance to separate one-off and unusual items from operating performance
May 12, 2020
Breaking up conglomerates adds value, the market hasn’t cared about this break-up, Uniform Accounting shows it should
GE, Tyco, United Technologies. They’ve all spun-off massive parts of their business
May 11, 2020
One of our most powerful recession indicators is flashing a surprisingly bullish signal
Most economic models agree we’re in the midst of our first recession in more than a decade.
May 8, 2020
Uniform Accounting shows this activist legend isn’t too distracted chasing the Argentinian navy to find quality targets to aim his guns at
This lawyer turned infamous investor has had CEOs and country treasuries shaking in their boots for decades, applying a legal activism philosophy to get his way and create shareholder value
May 7, 2020
Publishing is dying, but Uniform Accounting shows this name might be able to buck that trend
Print publishing is a dying industry and at first glance, it looks like all of the players in it are circling the drain. This includes a niche player that many might recognize as a leading player in its market
May 6, 2020
Uniform Accounting helps show how this retailer is using the lessons learned by overcoming the “retail apocalypse” to navigate the pandemic
As Amazon threatened the retail world, this firm was able to pivot its strategies to avoid bankruptcy and the “retail apocalypse” by managing its credit risk
May 5, 2020
This budget retailer could benefit from the economic pain caused by the coronavirus, just like UAFRS shows it did during the Great Recession
The recovery from the Great Recession was an uneven one, as the wealthy recovered faster than the rest of the population. An example of the struggle most
May 4, 2020
Gold is one of the most popular forms of investment, without really being an “investment” at all
Along with stocks, bonds, and cash, gold is one of the most popular asset classes for individual investors
May 1, 2020
This Viking has had to follow his ancestor’s footsteps, exploring new types of investments, Uniform Accounting shows he hasn’t lost his way
Much like his ancestors, this investing great has had to explore new investment landscapes to try to provide for his investors like he did previously.