Incremental Insights #97
The best of what I read, listened to, and watched during the week.
How Fast Can Gulf Production Recover After Reopening?
The base case is a few months but the longer the wells stay put in the harder it gets to bring them back online. The worst case right now is a multi quarter process.
FICO Part 3: Update & Framework
The reality behind the wild market moving news surrounding FICO, the GSEs, and the FHFA.
Wealthfront Corporation (WLTH)
A look at the capital light software driven investment management platform. With 10-20% growth, >40% EBITDA margins, and 1/3rd of its market cap in cash and no debt.
SpaceX IPO: Why This Hedge Fund Manager is Fading the Hype | Moez Kassam
Although he’ll not short SpaceX directly, there are plenty of me too space companies to look at and who’s flows may reverse and go to SpaceX when it comes to m market.