RTN Investments Blog

Thoughts on Investing, Economics, Current Events, and Anything Else I Want to Ramble About

Coronavirus Chaos, Fund Update

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Reporting from lock-down in my house in Chicago.  Just thought I’d give an update on the state of things, our portfolio, and outlook for the next few months. Last time I wrote toward the end of February, the S&P 500 was down 8%.  Now, the coronavirus pandemic has almost completely shutdown the economy, taking the […]

Allison Transmission (ALSN): A Cheap, High Cash-Flow Business With a Decent Moat

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Allison Transmission Holdings (ALSN) Price:  $43.24 On a week like this with the S&P 500 down almost 8% from its all time highs and the fears associated with the coronavirus possibly plunging the world into an economic depression, I thought it’d be prudent to go bargain hunting in the stock market. A name I’ve been […]

A Checklist Approach to Investing

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It was the fall of 1935 at Wright Field in Dayton, Ohio.  Boeing, a young, struggling airplane builder was in a competition to test their prototype B-17, known as the model 299, in order to win a contract from the Air Corps.  The plane was known as the “flying fortress.”  It was a massive four-engine […]

GrafTech International (EAF): An Asymmetric Opportunity

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Elevator Pitch Graftech International (EAF) (Price:$11.50) represents a rare opportunity for investors seeking large upside with limited downside risk. Graftech is in the niche industry of making ultra-high-performance graphite electrodes for electric arc furnaces (EAF) used to make steel.  Being one of few players in the global market, their advantage arises from being vertically integrated […]

Latticework 2019

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It was a pleasure to attend Latticework 2019 last week on September 12, 2019 hosted by MOI Global at the Yale Club in New York City.  Meeting and listening to so many great investment minds was an amazing learning experience. https://moiglobal.com/latticework-nyc/ I’ve come to realize there’s not just one, but many way to get successful […]

Micron (MU): A Quality Stock at an Attractive Price

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The Bottom Line Micron, being one of three companies in the world dominating the memory / storage industry is an attractive value and a potential long-term compounder. Micron’s intrinsic value compounding rate has been 60% over the past 7 years.  (ROIC * Reinvestment Rate). Current industry headwinds of low memory and storage prices are nearing […]

Top 15 Behavioral Biases That Investors are Guilty of

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“The first principle is that you must not fool yourself and you are the easiest person to fool.” – Richard Feynman, physicist   The above are sage words from the late American physicist Richard Feynman.  Although he mentioned it in the context of science, as investors we should take his advice and make sure we […]

Can Cryptocurrency be a Good Investment?

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The cryptocurrency universe has exploded over the last few years.  While the mania isn’t as pervasive as it was in 2017 when bitcoin reached an all-time high of $20,000, it still has enthusiasts and critics alike arguing over whether cryptos have a future as a form of payment, a store of value, and a viable […]

Will Artificial Intelligence Replace Humans in Making Investment Decisions?

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As more jobs become automated over the years, it makes sense to ask the question:  Will A.I and robots take over the investment-making decision process from humans?  Will they necessarily do a better job?  Will financial analysts and human investors become obsolete?  Will there be a role for the human investment manager?  What are the […]