🧙🏾‍♂️ Bouncer

Discovery & Ranking Engine

CUE - Cue Biopharma

Cue Biopharma2026-02-05

Cue Biopharma (CUE): My calculated “moonshot.” After its post-IPO crash, the company has right-sized, and is continuing to extend it’s runway through it’s clinical trial progress unlocking new payment milestones and partnerships. The small initial invest caps the downside risk, and if it goes right,...

CVNA - Carvana

Carvana2026-02-05

Gotham City Research [published](https://x.com/GothamResearch/status/2016547974776861083?s=20) on **Carvana** (NYSE: CVNA — $87.3 billion), an online platform for buying and selling used cars. Gotham City alleged that Carvana’s “2023-2024 earnings are overstated by $1 billion+ and far more dependent...

ETH - Ethereum

Ethereum2026-02-05

Ethereum (ETH): Acquired near multi-year lows. Having witnessed real-world enterprise and DeFi innovation built on its rails during my consulting days, I see ETH not just as crypto, but as infrastructure. Target: $1,800–$2,500 by year-end; with a long-term bull case well into four figures....

MO - Altria Group, Inc.

Altria Group, Inc.2026-02-05

Yes, more volume declines within the segment are to come. Legacy volumes will not be spared; however, rest assured that plenty of pricing will occur, as users switch to pouches. The trajectory of on! may not be as rosy as it once was, given new competition and increased promotion. However, Altria wi...

ENX - Euronext

Euronext2026-02-05

But what is it about the exchange that makes it immune to the tempests of the market? * Think of the exchange as a ‘contra-index equity class’. If the index goes up, the constituent stocks thrive. If the index sinks, there’s market carnage. But the exchange is agnostic to these movements. It’s mo...

UA - Under Armour, Inc.

Under Armour, Inc.2026-02-05

For minority shareholders, there is one other interesting angle worth considering. This was [mentioned towards the end of the Trata call](https://www.trytrata.com/transcripts/6CKP6pwjmsxhjQie7WvMdy), but there could be some logic to a take private at UA. Plank owns a big stake in the company, most c...

VRT - Vertiv Holdings

Vertiv Holdings2026-02-05

* VRT: Vertiv Holdings. In order to run these GPUs, you need liquid cooling. Vertiv is the leader in this category....

BE - Bloom Energy

Bloom Energy2026-02-05

* Behind the Meter: Bloom Energy. This company produces Solide Oxide Fuel Cells (SOFC) which are capable of converting natural gas into electricity at the scale of operating a data center. While the stock has run up tremendously, the earnings and growth are nothing short of impressive....

HOG - Harley-Davidson

Harley-Davidson2026-02-05

The stock is trading as a deep value play near its tangible asset value (~$19 per share), effectively pricing the declining but still cash-generative core motorcycle business at zero, making the downside risk highly limited....

CSU - Constellation Software

Constellation Software2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Since we set the transparency to be our main pillar here, we decided to share this portfolio as a real one, an...

STMN - UraniumX Discovery Corp. (formerly Stearman Resources)

UraniumX Discovery Corp. (formerly Stearman Resources)2026-02-05

**UraniumX Discovery Corp. (formerly Stearman Resources)** **CSE: STMN** _33,000 hectares in the Athabasca Basin with the world’s most accomplished uranium discovery team_ Market cap: $15 million CAD [![Image 8](https://substackcdn.com/image/fetch/$s_!HNld!,w_1456,c_limit,f_auto,q_auto:good,fl_p...

FOMO - Formation Metals Inc.

Formation Metals Inc.2026-02-05

**Formation Metals Inc.** **TSXV: FOMO | OTCQB: FOMTF** _30,000m drill program expanding 871,000 oz historical resource in the Abitibi_ Market cap: $38 million CAD [![Image 10](https://substackcdn.com/image/fetch/$s_!spyj!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubs...

CRM - Salesforce

Salesforce2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Since we set the transparency to be our main pillar here, we decided to share this portfolio as a real one, an...

N/A - Intercontinental Debt (via Fundora)

Intercontinental Debt (via Fundora)2026-02-05

Notre partenaire Fundora brise les barrières en rendant la dette privÊe accessible dès 1 000 euros grâce à la mutualisation des tickets. Vous investissez dans les mêmes conditions que les institutionnels, sans passer par des montages complexes ou des structures opaques. Même cadre, même discipline, ...

KCLI - American Critical Minerals Corp.

American Critical Minerals Corp.2026-02-05

**American Critical Minerals Corp.** **TSXV: KCLI | OTC: [not yet listed]** _Triple critical mineral exposure in Utah’s proven Paradox Basin with Q1 2026 drilling_ Market cap: ~$19.5 million CAD [![Image 6](https://substackcdn.com/image/fetch/$s_!H8vJ!,w_1456,c_limit,f_auto,q_auto:good,fl_progre...

WIX - Wix

Wix2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Since we set the transparency to be our main pillar here, we decided to share this portfolio as a real one, an...

EVS - EVS Broadcast

EVS Broadcast2026-02-05

EVS Broadcast has been a great success right after I started my position and has done nothing since then. Right now it is the third smallest position in my portfolio at 6.7% weight and I haven’t build a very high conviction in my year of ownership. That means it’s time to revisit the thesis, if it’s...

VOW - Volkswagen

Volkswagen2026-02-05

Face à ces difficultés, la direction a annoncé un plan d’économies ambitieux visant 1,5 milliard d’euros de réduction de coûts d’ici 2026. Ce plan s’accompagne d’une diminution de la capacité de production de 760 000 unités et d’une réduction de 35 000 emplois. L’objectif est de redresser la marge b...

AUME - Auriginal Mining Corp. (formerly Kintavar Exploration)

Auriginal Mining Corp. (formerly Kintavar Exploration)2026-02-05

**Auriginal Mining Corp. (formerly Kintavar Exploration)** **TSXV: AUME** _Reinterpreting 58,000m of historic drilling with modern VMS techniques in Quebec’s Chibougamau district_ Market cap: ~$21.1 million [![Image 12](https://substackcdn.com/image/fetch/$s_!fgzo!,w_1456,c_limit,f_auto,q_auto:g...

EVC - Entravision

Entravision2026-02-05

As paid subscribers already know, Smadex matters so much because the risk-reward at $3.17 is very different from what it was when I first wrote it up at $1.93. That’s not because I think $EVC has become a pure Smadex bet, or that a slowdown in Smadex growth would kill the thesis. But Smadex has clea...

Nebius Group - Nebius Group

Nebius Group2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Since we set the transparency to be our main pillar here, we decided to share this portfolio as a real one, an...

HOG - Harley-Davidson

Harley-Davidson2026-02-05

Les chiffres récents de Harley-Davidson illustrent bien le déclin de l’entreprise. Le chiffre d’affaires devrait passer de 5,84 milliards de dollars en 2023 à environ 3,75 milliards en 2026, soit une chute de 35% en trois ans. Le bénéfice par action, qui avait atteint 4,96$ en 2022, devrait tomber à...

UI - Ubiquiti

Ubiquiti2026-02-05

Hunterbrook Media [published](https://x.com/hntrbrkmedia/status/2016120041691914580?s=20) on **Ubiquiti** (NYSE: UI — $33.4 billion), a Wi-Fi router company. Hunterbrook alleged that “[Ubiquiti’s] networking gear is powering Russian battlefield communications in Ukraine” and found that “Ubiquiti net...

META - Meta Platforms

Meta Platforms2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Since we set the transparency to be our main pillar here, we decided to share this portfolio as a real one, an...

NVTS - Navitas

Navitas2026-02-05

Navitas (NVTS): A strategic satellite play, supplying semiconductors to NVIDIA and Dell. Target: $12 by EOY; $100 in a semiconductor supercycle....

MDB - MongoDB

MongoDB2026-02-05

MongoDB (MDB): Trading at $190 is a stark anomaly for a category leader in NoSQL databases with a strong and seasoned management team, which have largely go unchanged. Historically valued between $300–$600, this feels like a temporary misread....

STX - Seagate

Seagate2026-02-05

Other mentions: Seagate and Western Digital. While not being memory, they’re storage which is also in a huge shortage as the amount of data generated explodes....

REZI - Resideo Technologies

Resideo Technologies2026-02-05

Spruce Point Capital [published](https://www.sprucepointcap.com/research/resideo-technologies-inc) on **Resideo Technologies** (NYSE: REZI — $5.13 billion), a home security solutions company. Spruce Point raised concerns about the company’s accounting and said its plan to split into two separate pub...

CRDO - Credo Technology Group

Credo Technology Group2026-02-05

* CRDO: They make special connectivity cables that every data center needs to run. They can support about 100GB/s through their Active Electric Cable technoloy....

XAG - Silver (Commodity)

Silver (Commodity)2026-02-05

Silver enters 2026 with the strongest structural foundation in decades. Five consecutive years of global supply deficits, surging industrial demand, and tightening inventories have pushed the market **full steam ahead into scarcity**. Solar alone now consumes **more silver than global mines produc...

Mo-Bruk - Mo-Bruk

Mo-Bruk2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Since we set the transparency to be our main pillar here, we decided to share this portfolio as a real one, an...

KLDC - Kirkland Lake Discoveries Corp.

Kirkland Lake Discoveries Corp.2026-02-05

**Kirkland Lake Discoveries Corp.** **TSXV: KLDC | OTC: KLKLF** _40,000-hectare land consolidation in Ontario’s legendary Kirkland Lake gold camp with drills turning_ Market cap: ~$40 million CAD [![Image 5](https://substackcdn.com/image/fetch/$s_!9E88!,w_1456,c_limit,f_auto,q_auto:good,fl_progr...

TSLA - Tesla

Tesla2026-02-05

Tesla (TSLA): At $300, the market seems to ignore the imminent monetisation of Full Self-Driving, Optimus robotics, and potential synergies with xAI. Don’t bet against Elon’s track record of delivering against his ambitious targets. Target: $440 by year-end; $600+ if execution accelerates....

AAL - Anglo American

Anglo American2026-02-05

Since we originally wrote this post, De Beers, the South African based mining company that has dominated the market for natural diamonds has been put on the market by Anglo American, with Botswana, who own 15% a likely buyer of a larger stake. However, despite a book value of around $5bn, most analy...

SIDU - Sidus Space

Sidus Space2026-02-05

Fugazi Research [published](https://www.fugaziresearch.com/p/the-black-hole-at-sidu-where-massive) on **Sidus Space** (NASDAQ: SIDU — $183 million), a “zero-profit satellite company in which the CEO is the landlord, lender, supplier, main shareholder, and main customer.”...

DUOL - Duolingo

Duolingo2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Since we set the transparency to be our main pillar here, we decided to share this portfolio as a real one, an...

SALT - Atlas Salt Inc.

Atlas Salt Inc.2026-02-05

**Atlas Salt Inc.** **TSXV: SALT | OTCQX: REMRF** _Transitioning Canada’s largest undeveloped salt project from permits to production_ Market cap: ~$93 million CAD [![Image 2](https://substackcdn.com/image/fetch/$s_!CBti!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubst...

WDC - Western Digital

Western Digital2026-02-05

Other mentions: Seagate and Western Digital. While not being memory, they’re storage which is also in a huge shortage as the amount of data generated explodes....

BMNR - Bitminer

Bitminer2026-02-05

Bitminer (BMNR): An indirect, capital-efficient way to gain ETH exposure without raising my average ETH buying price, and backing Tomy Lee’s vision. High-conviction long-term hold....

CSU - Constellation Software Inc.

Constellation Software Inc.2026-02-05

Let’s dive into valuation of Constellation Software: * **Date of Analysis:** January 16-23, 2026 * **Verdict:** Undervalued * **Current Price Target (Base Case):** C$3,642 * **Price at the Time of Analysing:** C$2,713 - C$2,781.11 Constellation Software is a so-called ‘‘multi-acquirer’’...

AMD - Advanced Micro Devices

Advanced Micro Devices2026-02-05

AMD is sitting around **$260**. The market’s basically saying: “Nice company. Probably grows. Probably not a full-on platform-shift moment.” I think that read is wrong. What’s happening here isn’t a normal semiconductor cycle. It’s a structural breakdown of the x86 duopoly that defined enterprise ...

RR - Richtech Robotics

Richtech Robotics2026-02-05

Hunterbrook Media also [published](https://x.com/hntrbrkmedia/status/2016919484703940717?s=20) on **Richtech Robotics** (NASDAQ: RR — $770 million), a company building automated robots primarily for the food service and hospitality sectors. Hunterbrook alleged that Richtech’s recent market-moving an...

CMG - Chipotle Mexican Grill

Chipotle Mexican Grill2026-02-05

In the case of Chipotle, it is my opinion that the challenges facing the company are temporal. Nature catching up with a company that overreached in price without an accompanying increase in quality. Nature eventually striking down those who traded on borrowed time. We’ve since seen Chipotle make a ...

N/A - Gold (Hard Asset)

Gold (Hard Asset)2026-02-05

The more I sit with the charts today on my screen, the more one sentence refuses to leave me alone: **most investors still don’t own enough hard assets -**not for the world we are slowly, quietly building. Year in, year out, New faces in, old faces out, Debt keeps rising, same old route. ... Fr...

DKNG - DraftKings

DraftKings2026-02-05

DraftKings stock is down ~36% since our first article, and The Bear Cave believes its value proposition is even less compelling today. Kalshi’s execution has exceeded expectations, while DraftKings continues to fall short. The Bear Cave believes the gap in execution and long-term business model dis...

GOOG - Alphabet Inc.

Alphabet Inc.2026-02-05

* GOOG: Yes, you read that correctly. Google back in 2014 invested in their TPU (Tensor Processing Units) after realising their NVDA bill was going to be very high. That investment is now paying off and they have are actually another NVDA, one that the market does not fully appreciate just yet....

UBER - Uber Technologies

Uber Technologies2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Since we set the transparency to be our main pillar here, we decided to share this portfolio as a real one, an...

JPX - Japan Exchange Group

Japan Exchange Group2026-02-05

But what is it about the exchange that makes it immune to the tempests of the market? * Think of the exchange as a ‘contra-index equity class’. If the index goes up, the constituent stocks thrive. If the index sinks, there’s market carnage. But the exchange is agnostic to these movements. It’s mo...

IREN - Iris Energy

Iris Energy2026-02-05

While there are many in this category I’ll talk about one that is common amongst most investors. * IREN: Originally from Australia, they pivoted their 100% sustainable Bitcoin business to AI data center play. They currently have 3 GW of power secured which is the equivalent of 3 full scale Nuclear...

MU - Micron

Micron2026-02-05

Micron: trades at a forward P/E ratio of ~10 and US based. Makes HBM, SSDs and more. Has only run up 250% in the past year. Still has 2-5x upside imo. Even if the market doesn’t give it a higher P/E ratio, the earnings will expand the valuation....

VOW - Volkswagen

Volkswagen2026-02-05

Volkswagen is significantly mispriced (2026 P/E 4.8x vs. 5.9x historical average) despite an ambitious €1.5 billion cost-cutting plan and a major geopolitical catalyst: the new EU-India trade deal will open up the massive Indian market (tariffs dropping from 110% to 10%), projecting 25-35% upside potential toward €135-€160....

AMD - AMD

AMD2026-02-05

AMD: A household name trading near historic lows, yet deeply embedded in the AI narrative. Its open-source ethos and roadmap suggest strong recovery potential in 206-2027. It’s recovery from the lows of ~$80 presented a good opportunity to buy. Target: $150 by EOY 2025; $300+ in a breakout scenario....

AMCX - AMC Networks

AMC Networks2026-02-05

AMC Networks, $3.8 million ADV, entertainment distribution company, long-term headwind from cable cord-cutting, controlled by the Dolan family, four CEOs in the last five years, most recently James Dolan’s wife, see ‘[AMC Networks Owner James Dolan Finds a New CEO: His Spouse](https://www.wsj.com/bu...

ALX - Alexander’s Inc.

Alexander’s Inc.2026-02-05

Host Andrew Walker welcomes back Bill Chen for the fastest return in YAVP history. After running out of time in their last chat, Bill returns to dissect Alexander’s Inc. (ALX), exploring its complex debt restructuring, unique real estate portfolio, and intriguing market valuation. The two dive deep ...

N/A - Real Estate (Asset Class)

Real Estate (Asset Class)2026-02-05

The conversation then shifted to the potential risks to Bitcoin, including government intervention, and recommended investing in real estate as a long-term play....

PAX - Patria Investments

Patria Investments2026-02-05

Snow Cap Research [published](https://x.com/SnowCapResearch/status/2015791677055606935?s=20) on **Patria Investments** (NASDAQ: PAX — $2.33 billion), a Latin American asset management firm. Snow Cap alleged the company may be “overstating performance and concealing losses within its flagship private...

APLD - Applied Digital

Applied Digital2026-02-05

* APLD: Applied Digital is in the construction business of theses actual data centers. They have $11b of contracted revenue with a market cap of $6b....

WIX - Wix.com Ltd.

Wix.com Ltd.2026-02-05

Wix.com Ltd. ( [WIX -3.13%↓](https://substack.com/discover/stocks/WIX) ) enters 2026 at a genuine inflection point. The stock’s ~50% drawdown through 2025 reflects a single dominant fear. The “Chegg Outcome”, where open-ended LLMs commoditise incumbent software and users bypass the UI entirely. On t...

NDAQ - NASDAQ

NASDAQ2026-02-05

But what is it about the exchange that makes it immune to the tempests of the market? * Think of the exchange as a ‘contra-index equity class’. If the index goes up, the constituent stocks thrive. If the index sinks, there’s market carnage. But the exchange is agnostic to these movements. It’s mo...

ICE - Intercontinental Exchange

Intercontinental Exchange2026-02-05

But what is it about the exchange that makes it immune to the tempests of the market? * Think of the exchange as a ‘contra-index equity class’. If the index goes up, the constituent stocks thrive. If the index sinks, there’s market carnage. But the exchange is agnostic to these movements. It’s mo...

SNDK - Sandisk

Sandisk2026-02-05

Sandisk: probably the hardest of them all to own as it’s run up 500% and the math around NAND/Flash memory defensibility is questionable. Still a massive supply shortage. If High Bandwidth Flash becomes real then Sandisk is a steal. They’re collaborating with Hynix on this so TBD....

VUSION - Vusion (formerly VusionGroup or SES-imagotag)

Vusion (formerly VusionGroup or SES-imagotag)2026-02-05

Vusion (formerly VusionGroup or SES-imagotag) is a global provider of retail IoT solutions. That sounds complex, but in plain terms it means electronic shelf labels (ESL) that allow retailers to automatically update prices and product information. It also includes i.e. cameras that analyze whether p...

NVTS - Navitas Semiconductor

Navitas Semiconductor2026-02-05

* NVTS: This is a more smaller play but showcases what is possible. Navitas creates power transformers based on GaN (Gallium Nitride) and SiC (Silicon Carbide) that allows you to step down large currents to ones needed by individual components. This is critical since the newer generation of GPUs e...

000660.KS - SK Hynix

SK Hynix2026-02-05

SK Hynix: dominant market leader in HBM controlling 60%+ of marketshare. Forward P/E ratio of ~7/8 and expected to list on US exchanges via an ADR which will pump the addressable market of investors....

HOG - Harley-Davidson

Harley-Davidson2026-02-05

Harley-Davidson est un nom légendaire dans l’univers de la moto. Fondée en 1903 à Milwaukee, la marque américaine s’est imposée comme le symbole de la liberté sur deux roues, avec ses gros bicylindres en V au son reconnaissable entre mille. L’entreprise conçoit, fabrique et commercialise des motos h...

VOW.DE - Volkswagen

Volkswagen2026-02-05

Volkswagen est un acteur majeur sur la scène mondiale de l’industrie automobile. Fondée en 1937 et basée à Wolfsburg en Allemagne, cette entreprise se spécialise dans la conception, le développement et la fabrication de véhicules pour les particuliers et les professionnels, tout en proposant des ser...

??? - Fundora - Intercontinental Debt Strategy

Fundora - Intercontinental Debt Strategy2026-02-05

Notre partenaire Fundora brise les barrières en rendant la dette privÊe accessible dès 1 000 euros grâce à la mutualisation des tickets. Vous investissez dans les mêmes conditions que les institutionnels, sans passer par des montages complexes ou des structures opaques. Même cadre, même discipline, ...

HOG - Harley-Davidson

Harley-Davidson2026-02-05

Harley-Davidson est un nom légendaire dans l’univers de la moto. Fondée en 1903 à Milwaukee, la marque américaine s’est imposée comme le symbole de la liberté sur deux roues, avec ses gros bicylindres en V au son reconnaissable entre mille. L’entreprise conçoit, fabrique et commercialise des motos h...

VOW / VOW3 - Volkswagen

Volkswagen2026-02-05

Volkswagen est un acteur majeur sur la scène mondiale de l’industrie automobile. Fondée en 1937 et basée à Wolfsburg en Allemagne, cette entreprise se spécialise dans la conception, le développement et la fabrication de véhicules pour les particuliers et les professionnels, tout en proposant des ser...

SILVER - Silver Commodity (XAG/USD)

Silver Commodity (XAG/USD)2026-02-05

Silver remains in a primary bullish trend. Despite the violent liquidation candle, price **never closed below the Ichimoku cloud** and the long-term structure continues to print **higher highs and higher lows**. The broader trend channel remains intact, and all five Ichimoku lines… while temporari...

GDX - VanEck Gold Miners ETF

VanEck Gold Miners ETF2026-02-05

The **VanEck Gold Miners ETF (GDX)** sank **17%** to **$94.20**, reflecting the extreme stress across the metals complex. This was not an end to the bull cycle. It was a **controlled reset** inside it. . . The same players who drained SLV in October have returned, now under far more aggressive condi...

SLVP - iShares MSCI Global Silver & Metals Miners ETF

iShares MSCI Global Silver & Metals Miners ETF2026-02-05

The **iShares MSCI Global Silver & Metals Miners ETF (SLVP)** closed down **23%** at **$38.60**, tracking the historic collapse in silver prices. This was not an end to the bull cycle. It was a **controlled reset** inside it. . . The same players who drained SLV in October have returned, now under f...

WIX - Wix.com Ltd.

Wix.com Ltd.2026-02-05

* **Verdict:** Deeply Undervalued * **Current Price Target (Base Case):** $145 * **Price at the Time of Analysing:** $86.84 Wix.com Ltd. ( [WIX -3.13%↓](https://substack.com/discover/stocks/WIX) ) enters 2026 at a genuine inflection point. The stock’s ~50% drawdown through 2025 reflects a s...

SILVER - SILVER (Commodity)

SILVER (Commodity)2026-02-05

Last Friday silver experienced the **largest 1-day collapse in modern market history**, sending shockwaves across the metals space. But was it just leverage unwinding… or the beginning of a deeper structural shift? We cover: • The Silver Slam: What caused the historic 1-day crash? Why it happened,...

SILVER - Silver (Commodity)

Silver (Commodity)2026-02-05

Silver remains in a primary bullish trend. Despite the violent liquidation candle, price **never closed below the Ichimoku cloud** and the long-term structure continues to print **higher highs and higher lows**. The broader trend channel remains intact, and all five Ichimoku lines… while temporari...

CSU - Constellation Software

Constellation Software2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

CRM - Salesforce

Salesforce2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

SILVER - Silver Commodity/Asset Class

Silver Commodity/Asset Class2026-02-05

Silver enters 2026 with the strongest structural foundation in decades. Five consecutive years of global supply deficits, surging industrial demand, and tightening inventories have pushed the market **full steam ahead into scarcity**. Solar alone now consumes **more silver than global mines produc...

DUOL - Duolingo

Duolingo2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

META - Meta Platforms

Meta Platforms2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

Nebius Group - Nebius Group

Nebius Group2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

UBER - Uber Technologies

Uber Technologies2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

Mo-Bruk - Mo-Bruk

Mo-Bruk2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

WIX - Wix

Wix2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

WIX - Wix.com Ltd.

Wix.com Ltd.2026-02-05

* **Date of Analysis:** January 29-30, 2026 * **Verdict:** Deeply Undervalued * **Current Price Target (Base Case):** $145 * **Price at the Time of Analysing:** $86.84 Wix.com Ltd. ( [WIX -3.13%↓](https://substack.com/discover/stocks/WIX) ) enters 2026 at a genuine inflection point. The ...

CSU - Constellation Software Inc.

Constellation Software Inc.2026-02-05

Let’s dive into valuation of Constellation Software: * **Date of Analysis:** January 16-23, 2026 * **Verdict:** Undervalued * **Current Price Target (Base Case):** C$3,642 * **Price at the Time of Analysing:** C$2,713 - C$2,781.11 ... **Outcome (Base Case C$3,643/share):** As modelled...

CSU.TO - Constellation Software

Constellation Software2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

CRM - Salesforce

Salesforce2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

DUOL - Duolingo

Duolingo2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

META - Meta Platforms

Meta Platforms2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

??? - Nebius Group

Nebius Group2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

UBER - Uber Technologies

Uber Technologies2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

??? - Mo-Bruk

Mo-Bruk2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

WIX - Wix

Wix2026-02-05

The idea of “Hated Moats Portfolio” is as old as this whole newsletter and its point is simple - put our money where our mouth is and buy the companies we analyse and believe in long-term. Initially, I didn’t really want to go into specifics of the portfolio in nominal value, and wanted to tag it as...

CSU - Constellation Software Inc.

Constellation Software Inc.2026-02-05

Let’s dive into valuation of Constellation Software: * **Date of Analysis:** January 16-23, 2026 * **Verdict:** Undervalued * **Current Price Target (Base Case):** C$3,642 * **Price at the Time of Analysing:** C$2,713 - C$2,781.11 As modelled above (WACC 6.2%, terminal g 3.0%, increment...

AMD - Advanced Micro Devices

Advanced Micro Devices2026-02-05

AMD is sitting around **$260**. The market’s basically saying: “Nice company. Probably grows. Probably not a full-on platform-shift moment.” I think that read is wrong. What’s happening here isn’t a normal semiconductor cycle. It’s a structural breakdown of the x86 duopoly that defined enterprise ...

SALT - Atlas Salt Inc.

Atlas Salt Inc.2026-02-05

**Atlas Salt Inc.** **TSXV: SALT | OTCQX: REMRF** _Transitioning Canada’s largest undeveloped salt project from permits to production_ Market cap: ~$93 million CAD [![Image 2](https://substackcdn.com/image/fetch/$s_!CBti!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubst...

KLDC - Kirkland Lake Discoveries Corp.

Kirkland Lake Discoveries Corp.2026-02-05

**Kirkland Lake Discoveries Corp.** **TSXV: KLDC | OTC: KLKLF** _40,000-hectare land consolidation in Ontario’s legendary Kirkland Lake gold camp with drills turning_ Market cap: ~$40 million CAD [![Image 5](https://substackcdn.com/image/fetch/$s_!9E88!,w_1456,c_limit,f_auto,q_auto:good,fl_progr...

KCLI - American Critical Minerals Corp.

American Critical Minerals Corp.2026-02-05

**American Critical Minerals Corp.** **TSXV: KCLI | OTC: [not yet listed]** _Triple critical mineral exposure in Utah’s proven Paradox Basin with Q1 2026 drilling_ Market cap: ~$19.5 million CAD [![Image 6](https://substackcdn.com/image/fetch/$s_!H8vJ!,w_1456,c_limit,f_auto,q_auto:good,fl_progre...

STMN - UraniumX Discovery Corp. (formerly Stearman Resources)

UraniumX Discovery Corp. (formerly Stearman Resources)2026-02-05

**UraniumX Discovery Corp. (formerly Stearman Resources)** **CSE: STMN** _33,000 hectares in the Athabasca Basin with the world’s most accomplished uranium discovery team_ Market cap: $15 million CAD [![Image 8](https://substackcdn.com/image/fetch/$s_!HNld!,w_1456,c_limit,f_auto,q_auto:good,fl_p...

AMD - Advanced Micro Devices

Advanced Micro Devices2026-02-05

AMD is sitting around **$260**. The market’s basically saying: “Nice company. Probably grows. Probably not a full-on platform-shift moment.” I think that read is wrong. What’s happening here isn’t a normal semiconductor cycle. It’s a structural breakdown of the x86 duopoly that defined enterprise ...

FOMO - Formation Metals Inc.

Formation Metals Inc.2026-02-05

**Formation Metals Inc.** **TSXV: FOMO | OTCQB: FOMTF** _30,000m drill program expanding 871,000 oz historical resource in the Abitibi_ Market cap: $38 million CAD [![Image 10](https://substackcdn.com/image/fetch/$s_!spyj!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubs...

AUME - Auriginal Mining Corp. (formerly Kintavar Exploration)

Auriginal Mining Corp. (formerly Kintavar Exploration)2026-02-05

**Auriginal Mining Corp. (formerly Kintavar Exploration)** **TSXV: AUME** _Reinterpreting 58,000m of historic drilling with modern VMS techniques in Quebec’s Chibougamau district_ Market cap: ~$21.1 million [![Image 12](https://substackcdn.com/image/fetch/$s_!fgzo!,w_1456,c_limit,f_auto,q_auto:g...

AAL - Anglo American / De Beers

Anglo American / De Beers2026-02-05

The obvious parallel today of course is the diamond market. For decades the supply of diamonds has been effectively one of the world’s few real cartels, controlled by De Beers, but this looks increasingly like going the way of pearls. In May last year, De Beers shocked the jewelry world by making it...

SALT - Atlas Salt Inc.

Atlas Salt Inc.2026-02-05

**Atlas Salt Inc.** **TSXV: SALT | OTCQX: REMRF** _Transitioning Canada’s largest undeveloped salt project from permits to production_ Market cap: ~$93 million CAD [![Image 2](https://substackcdn.com/image/fetch/$s_!CBti!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubst...

KLDC - Kirkland Lake Discoveries Corp.

Kirkland Lake Discoveries Corp.2026-02-05

**Kirkland Lake Discoveries Corp.** **TSXV: KLDC | OTC: KLKLF** _40,000-hectare land consolidation in Ontario’s legendary Kirkland Lake gold camp with drills turning_ Market cap: ~$40 million CAD [![Image 5](https://substackcdn.com/image/fetch/$s_!9E88!,w_1456,c_limit,f_auto,q_auto:good,fl_progr...

AMZN - Amazon

Amazon2026-02-05

As we noted in our note on the Court of King Donald, the EU and the Middle Powers as the new power Bloc for the Globalists will need their own Mag 7 and at the very least to reduce the reliance on the old MAG7. While everyone focuses on the need for Europe to build its own defence capability, the Gl...

GOOGL - Google (Alphabet)

Google (Alphabet)2026-02-05

As we noted in our note on the Court of King Donald, the EU and the Middle Powers as the new power Bloc for the Globalists will need their own Mag 7 and at the very least to reduce the reliance on the old MAG7. While everyone focuses on the need for Europe to build its own defence capability, the Gl...

KCLI - American Critical Minerals Corp.

American Critical Minerals Corp.2026-02-05

**American Critical Minerals Corp.** **TSXV: KCLI | OTC: [not yet listed]** _Triple critical mineral exposure in Utah’s proven Paradox Basin with Q1 2026 drilling_ Market cap: ~$19.5 million CAD [![Image 6](https://substackcdn.com/image/fetch/$s_!H8vJ!,w_1456,c_limit,f_auto,q_auto:good,fl_progre...

META - Meta Platforms

Meta Platforms2026-02-05

As we noted in our note on the Court of King Donald, the EU and the Middle Powers as the new power Bloc for the Globalists will need their own Mag 7 and at the very least to reduce the reliance on the old MAG7. While everyone focuses on the need for Europe to build its own defence capability, the Gl...

STMN - UraniumX Discovery Corp. (formerly Stearman Resources)

UraniumX Discovery Corp. (formerly Stearman Resources)2026-02-05

**UraniumX Discovery Corp. (formerly Stearman Resources)** **CSE: STMN** _33,000 hectares in the Athabasca Basin with the world’s most accomplished uranium discovery team_ Market cap: $15 million CAD [![Image 8](https://substackcdn.com/image/fetch/$s_!HNld!,w_1456,c_limit,f_auto,q_auto:good,fl_p...