Banks, Panic And Arson: Opportunities Amidst The Q1 Wreckage
A post-mortem on Q1 with a few opportunities amidst the wreckage.
I’m honestly incredibly stoked to be able to bring you exclusive content from one of my favorite investors, Chris DeMuth Jr. Due to my obvious inability to figure out what the everloving f*ck is going on in markets (see my latest here), it was a great time to hear from someone whose opinion I respect immensely.
Chris took the time to prepare his up-to-the-minute thoughts on the market exclusively for Fringe Finance subscribers over the weekend. What follows is his take on the regional bank mess and some potential stocks he has identified as opportunities amidst the wreckage.
Chris DeMuth Jr founded event driven hedge fund Rangeley Capital and research service Sifting the World. Rangeley’s strategy is to invest in mispriced securities with limited downsides and corporate events that unlock shareholder value. He also hosts Sifting the World, Seeking Alpha’s SPAC and event driven research product.
Chris also writes the Vale Tudo Substack, which can be found here.
Chris is one of the smartest people I’ve had the chance to meet during my time as an investor. He was one of the first people to ever take a phone call from me in the early 2010’s when I first started looking at the Questcor/Acthar scam. He was also one of the first people to be nice to me when I got my start on Seeking Alpha back about 10 years ago and is also widely respected by many people whose work I admire and follow.
All information contained herein is opinion only & does not constitute investment recommendations. Nothing is a solicitation to buy or sell securities.