Cash is King
April 25, 2025, 5:17 p.m.
Apple and the Ghosts of Companies Past, Privacy at the Expense of Performance, The Cook Question
April 24, 2025, 8:41 p.m.
Microsoft: OpenAI Stake Valued At $147 Bln
April 23, 2025, 2:40 p.m.
The Clues to Trump's Future Tariffs
April 23, 2025, 12:19 p.m.
Where is the Tariff Pull Forward?
April 22, 2025, 1:29 p.m.
Philip Morris International: Blasphemy
April 27, 2025, 1:41 p.m.
Schlitz's Souring
April 20, 2025, 12:42 p.m.
Haypp Group: Through the Fog
April 13, 2025, 4:01 p.m.
Nicotine Market Update: Flow
April 6, 2025, 2:38 p.m.
Imperial Brands: Disciplined
March 30, 2025, 12:30 p.m.
United-Guardian: Aimless
March 23, 2025, 1:18 p.m.
On Time
March 16, 2025, 2:03 p.m.
Scandinavian Tobacco Group: Wider
March 9, 2025, 12:08 p.m.
Logista: Succinct
March 2, 2025, 12:48 p.m.
Haypp Group: Answered
Feb. 23, 2025, 3:29 p.m.
British American Tobacco: Raw
Feb. 16, 2025, 2:28 p.m.
Philip Morris International: Conquest
Feb. 9, 2025, 2:09 p.m.
Altria: Puzzling
Feb. 2, 2025, 2:15 p.m.
Dissipate
Jan. 26, 2025, 1:38 p.m.
Resurfaced: FDA Proposal to Drastically Reduce Nicotine Levels in Combusted Tobacco Products
Jan. 19, 2025, 3:05 p.m.
U.S. Nicotine Market: On the Lookout
Jan. 12, 2025, 1:52 p.m.
The Nicotine Basket
Jan. 5, 2025, 3:29 p.m.
Favorite Books (2024)
Jan. 1, 2025, 4:22 a.m.
Favorite Podcast Episodes (2024)
Jan. 1, 2025, 4:04 a.m.
Resolve
Dec. 29, 2024, 2:54 p.m.
The U.S. Nicotine Market: Odds and Ends
Dec. 22, 2024, 1:26 p.m.
British American Tobacco: Indigestion
Dec. 15, 2024, 1:36 p.m.
Imperial Brands: Doubt-Driven
Dec. 8, 2024, 2:36 p.m.
The Bounties We Are Given
Dec. 1, 2024, 1:21 p.m.
Logista: Just Over Ten
Nov. 24, 2024, 1:13 p.m.
Scandinavian Tobacco Group: Elusive
Nov. 17, 2024, 9:09 a.m.
Haypp Group: Rerouting
Nov. 10, 2024, 5:32 p.m.
Altria: Running Out
Nov. 3, 2024, 3:10 p.m.
Philip Morris International: All Fronts
Oct. 27, 2024, 1:40 p.m.
British American Tobacco: Refocused
Oct. 20, 2024, 2:09 p.m.
The Curious Case of Karelia
Oct. 13, 2024, 1:13 p.m.
United-Guardian: Through Hindsight: Revisiting thesis and (in)action.
Oct. 6, 2024, 2:21 p.m.
The Nicotine Anti-Bubble: The key driver of an industry.
Sept. 29, 2024, 12:48 p.m.
Haypp Group: Tremors: Legal happenings.
Sept. 22, 2024, 3:27 p.m.
Nicotine Pouches: The US Front: Considerations for the US consumer.
Sept. 15, 2024, 1:18 p.m.
The Invariant Path: The future of Invariant.
Sept. 8, 2024, 1:36 p.m.
Logista: Heartier: Q3'24 note.
Sept. 1, 2024, 11:48 a.m.
Scandinavian Tobacco Group: Aggression Abounds: Q2'24 note.
Aug. 25, 2024, 12:44 p.m.
Haypp Group: Further: Q2'24 note.
Aug. 18, 2024, 1:50 p.m.
Altria: Back to the Race: Q2'24 note.
Aug. 11, 2024, 12:49 p.m.
British American Tobacco: So What?: H1'24 note.
Aug. 4, 2024, 1:09 p.m.
Philip Morris International: Follow Through: Q2'24 note.
July 28, 2024, 11:13 a.m.
Born From Flame: The origin of fire insurance and a unique investment case study.
July 21, 2024, 12:16 p.m.
Defense is Offense: Dennis Rodman, portfolio optimization, duration, and the score.
July 14, 2024, 2:59 p.m.
Intercontinental Exchange: Looking Back: A short, spectacular history.
July 7, 2024, 1:09 p.m.
United-Guardian: Welcoming Instability: FY'23 and Q1'24 note.
June 30, 2024, 12:57 p.m.
Hetty Green: Unspent Fortune: A unique obsession with wealth.
June 23, 2024, 1:23 p.m.
Rock On: Determination, connection, and Invariant's 2-year mark.
June 16, 2024, 3:11 p.m.
The Fertile Grounds of Decay: Excess profitability in shrinking volume industries.
June 9, 2024, 1:09 p.m.
Imperial Brands: Black Hole: H1'24 note.
June 2, 2024, 10:15 a.m.