By Lewis Johnson - Chief Conclusion Notable outperformance by silver equities suggests we are just at the beginning of a new and extended precious metals upcycle. Overindebtedness is driving this bull market..
By Lewis Johnson - Chief Conclusion Successful investing begins with the purchase of assets with limited downside, exceptional upside, and multiple ways to win. The 50% crash in agricultural commodity prices helps[…]
By Lewis Johnson - Chief Conclusion A tiny minority of the world’s highest-quality growth companies have achieved the nearly impossible: sustainably high returns on capital and bond-like stability of growing dividends[…]
By Lewis Johnson - Chief Conclusion We believe that the share price of Kirby Corporation (KEX) is undervalued and offers patient investors attractive returns and limited risk.
By Lewis Johnson - Chief Conclusion High industry concentration, strong capital discipline, and the likelihood of unanticipated growth from rising global conflict should continue to drive the long-term outperformance[…]
