Advertisement · 728 × 90

Posts by

Preview
No! Dividends and Buybacks aren't equivalent! They're not interchangeable, not the same and not even remotely similar!

No! Dividends and Buybacks aren't equivalent!
Why do corporate executives and most investors get this so wrong?

Link to 4 minute read (which could change your perspective forever):
open.substack.com/pub/rockandt...

1 week ago 0 0 0 0
Preview
Ashtead Technology Holdings: Mispriced? Is Mr. Market very wrong? Or am I missing something?

Looking for a solid GARP investment.

This one is hard to beat.

Ashtead Technology ($AT)
open.substack.com/pub/rockandt...

1 week ago 0 0 0 0
Preview
Should LSEG Move Its Listing To New York? The ultimate market irony | A moment of almost perfect symbolism

Should $LSEG Move Its Listing To New York?

The ultimate market irony

Is it undervalued in London?

open.substack.com/pub/rockandt...

2 weeks ago 0 0 0 0
Preview
The Taming of the Black Swan Stock market Black Swans, once unpredictable and dangerous, have become far more civilized.

The Taming of the Black Swan

Stock market Black Swans, once unpredictable and dangerous, have become far less of a concern.

Or have they?
open.substack.com/pub/rockandt...

$SPY $QQQ #investing $BRKA $GOOG $AMZN $META $MSFT $NVDA $AAPL $TSLA

3 weeks ago 0 0 0 0
Preview
The Dangerous Game Investors Are Playing I Bet You're Over Valuing The Mag-7, So Your Valuation Model Needs Tweaking

The Dangerous Game Investors Are Playing

Many magnificent-7 mega gap stocks ($META, $GOOG, $MSFT, $NVDA) may have overstated free cash flow and operating income. That means EPS is also overstated. It means they may be vastly over valued.

Full hour long video: open.substack.com/pub/rockandt...

1 month ago 0 0 0 0
Preview
Schumpeter's Creative Destruction in Software Survival of the Fittest: The new AI Environment is forcing Evolutionary Change

Schumpeter's Creative Destruction in Software

Is AI eating the world?

Or has the AI panic has opened up some interesting investment opportunities at bargain prices?

$CSU $TOI $ADYEN $SPY $QQQ

open.substack.com/pub/rockandt...

1 month ago 1 0 0 0
Preview
Reece Duca | Learn From The Best From $2,000 to Billions: The Investor Who Chose Time Over Noise

Reece Duca, the investor few have heard of, who turned $2,000 into billions.

This short 10 minute read will tell you all that you need to know.

open.substack.com/pub/rockandt...

1 month ago 0 0 0 0
Preview
Kingsway Financial Services (CEO Interview) Interview with JT Fitzgerald, CEO of Kingsway Financial Services (KFS)

Ever heard of search funds?

Interested in an asset class that has generated 35% annual returns over multiple decades through economic cycles?

You really need to listen to this podcast on Kingsway Financial Services.

link to a full interview: rockandturner.substack.com/p/kingsway-f... $KFS

1 month ago 0 0 0 0
Advertisement
Preview
East-West or Bust: CoreWeave, Oracle, Google? How Many AI Investors Really Understand What They Are Investing In?

#CoreWeave, #Oracle, #Google... #Invest in #AI, but where?

Do you really understand the AI landscape and the opportunities it presents for investors?

open.substack.com/pub/rockandt...

3 months ago 0 0 0 0
Preview
Judges Scientific | UK Programmatic Acquirer Fund Manager Chris Waller of Plural Investing shares his investment thesis on this compounding machine of a business

Judges Scientific | UK Programmatic Acquirer | Compounding Machine

open.substack.com/pub/rockandt... #jdg.l #judges_scientific

3 months ago 0 0 0 0
Preview
Au Dragon Forgé, now ADF Group Inc A Niche Leader in Structural Steel. A special situation with substantial upside.

Au Dragon Forgé, now ADF Group Inc

Deep dive investment analysis

open.substack.com/pub/rockandt... #DRX.T #DRX #ADFGroup

3 months ago 0 0 0 0
Preview
The Intelligent Investor's Bookshelf Holiday Season Is Coming - A Book Makes A Great Gift

The Intelligent Investor's Bookshelf open.substack.com/pub/rockandt... #spy #qqq #investing

3 months ago 0 0 0 0
Preview
4th Dimension: Unlock Alpha With Liquidity A poorly understood, lesser known Investment Strategy

4th Dimension: Unlock Alpha With Liquidity
substack.com/@rockandturn...

4 months ago 0 0 0 0
Preview
James Emanuel (@rockandturner) When Losers Are Winners, And Vice Versa “If I’d learned anything, it was that conventional wisdom had nothing to do with the truth, and the efficient markets hypothesis was deceptive.” – Ben Horowi...

substack.com/@rockandturn...

4 months ago 0 0 0 0
Preview
James Emanuel (@rockandturner) Are Cracks Appearing At OpenAI? Recent statements and actions by OpenAI executives suggest that the company's massive announced infrastructure investments, totaling over $1.4 trillion in commitments,...

substack.com/@rockandturn...

4 months ago 0 0 0 0
Preview
James Emanuel (@rockandturner) SOFTWAREONE Q3 2025 Results Raphael Erb and Melissa Mulholland, Co-CEOs of SoftwareOne said, “The third quarter marked our first as a combined company – an important milestone in our journey to creat...

substack.com/@rockandturn...

4 months ago 0 0 0 0
Preview
Mental Model #6 | Structural Toxicity The most powerful source of sustained Alpha generation for challengers

Mental Model #6 | Structural Toxicity, by @Delta9Echo
substack.com/@rockandturn...

4 months ago 0 0 0 0
Advertisement
Preview
James Emanuel (@rockandturner) Stock Markets falling - Investors panicking - What are we to make of it? High profit margins of recent years are a sign of fragility, not strength - we celebrated them for many years pushing stock va...

substack.com/@rockandturn...

4 months ago 0 0 0 0
Preview
James Emanuel (@rockandturner) Alternative Asset Managers | The retail 401(k) market could trigger a significant valuation multiple expansion Executive Order 14330 represents a potential watershed moment for the "Big Alternative A...

substack.com/@rockandturn...

4 months ago 0 0 0 0
Preview
James Emanuel (@rockandturner) Bad News For Novo Nordisk - Or Is It? On November 25, 2025, Medicare wrapped up its second round of drug price negotiations under the Inflation Reduction Act (IRA), targeting 15 high-spend medicines....

substack.com/@rockandturn...

4 months ago 0 0 0 0
Preview
Mental Models #7 | A Profitability Ratio Toolkit There's more to return metrics than meets the eye. Learn to use them to your advantage.

Mental Models #7 | A Profitability Ratio Toolkit
substack.com/@rockandturn...

4 months ago 0 0 0 0
Preview
James Emanuel (@rockandturner) A Collection of Classics and Essential Reads for every Investor To my surprise, and sheer delight, I spotted my own book sitting at № 27.

substack.com/@rockandturn...

4 months ago 0 0 0 0