Waiting To Pounce
One of my favorite investors shares his best long and short ideas and where he is going "hunting" next.
I’m honestly incredibly stoked to be able to bring you exclusive content from one of my favorite investors, Chris DeMuth Jr. 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 best stock idea for 2022
what he is short
how he is staying sane in an insane market
and where he’s going “hunting” next
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.
Longs
Markets have been expensive enough for long enough that on the long side I’ve been driven into relatively obscure nooks and crannies to eke out a living.
On the long side, my focus has been almost entirely in three categories with a single favorite in each one making up by far my largest exposures.