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    Apple: The Next Trillion Dollar Company?

    Published: July 22, 2016

    Ever since legendary business magnate Carl Icahn sold his Apple shares earlier this year, many investors lost faith in the company’s future and withheld from taking a position in the tech giant. But history shows that following the herd mentality, even if propagated by someone as prophetic as Ica...

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    Deja Vu: AOL Nears New Growth Inflection Point

    Published: March 19, 2014

    AOL is a deceptively cheap asset which is at an inflection point in all three businesses. The street believes EBITDA growth will be half of last year and misses key value catalysts. I believe the company will emerge in the next six months as a growth asset with a stable legacy business with signi...

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    SumZero Takes on Seth Klarman (Baupost Group)

    Published: January 09, 2014

    Baupost's strategy is denoted by extreme concentration in the firm's long-only, public equity fund (which tends to constitute between 5-15% of the total value of the firm--the balance is in real estate, bonds, cash, hedges, etc.). By September of 2013, the firm’s top three equity holdings made up...

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    Yahoo! Initiates Private Equity Strategy

    Published: September 25, 2012

    While I do not typically peddle Eric Jackson's commentary, I thought he put out a good note on Yahoo! the other day regarding the hiring of Jackie Reses. He believes she brings a private equity mindset to the Company, and will prove instrumental in Marissa Mayer's turnaround strategy:

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    Yahoo! Is on Track to Reach $38 (Or More)

    Published: August 22, 2012

    Since Third Point first disclosed its position in September 2011, three key overhangs in Yahoo! stock– lack of strategic direction, dysfunctional Board of Directors and unsubstantiated Alibaba valuation – have been addressed, two of which were the direct result of Third Point’s involvement (the s...

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    Featured Call: Long Microsoft (Nasdaq: MSFT) Shares

    Published: May 17, 2012

    MSFT trades at 8.8x 2012 earnings ex-cash vs. 12.9x for the S&P despite far better EPS growth, margin stability, shareholder payouts, and a AAA balance sheet. 70% of profits are from corporate end markets, where MSFT’s firmly entrenched software will benefit from the corporate PC refresh cycle an...

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    Featured Call: Long Microsoft (Nasdaq: MSFT) Shares

    Published: May 17, 2012

    MSFT trades at 8.8x 2012 earnings ex-cash vs. 12.9x for the S&P despite far better EPS growth, margin stability, shareholder payouts, and a AAA balance sheet. 70% of profits are from corporate end markets, where MSFT’s firmly entrenched software will benefit from the corporate PC refresh cycle an...

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