At Porter & Co. we are determined to be your best source of investing, economic, and financial insight, and your first choice for information about what to do with your money… in the entire world, bar none.
This is Porter & Co.’s Sunday Investment Chronicles. Every week, the Porter & Co. research team pores over thousands (and thousands) of articles, reports, social media posts, analyses, regulatory filings, and anything else we can get our hands (and eyes) on to understand what’s happening in the world of investing and finance – and to uncover the most original, compelling, and double-head-fake ideas…
… and we curate the best of those here. We do it all the old fashioned way: Hours of reading and brainpower (no AI curation here). We read everything – for you.
In Case You Missed It
On Monday, The Trading Club lead analyst Ross Hendricks kicked off a two-part series in the Daily Journal on the anatomy of a trade into one of the most asymmetric opportunities we’ve come across in years. Litigation-finance company Burford Capital (BUR) will potentially take in a $6 billion legal settlement from the government of Argentina, which would more than double the firm’s market cap, and likely send shares up 100%.
But what if Argentina fails to pay? The potential settlement is only one of the assets in Burford’s portfolio. Said Ross in Wednesday’s Journal:
No matter what happens from here, Burford is playing with house money.”
Members of The Trading Club capitalized on this opportunity to buy Burford on June 18. In the three weeks since that recommendation, Trading Club members are up 31% in Burford shares.
This is just one of 10 winning open trades in The Trading Club portfolio since we launched the publication on May 30.
If you’re interested in joining us and receiving the next trading ideas, click here to join the waiting list.
On Thursday, Marty Fridson released a Distressed Investing recommendation: buying back bonds at a 50% discount that he recommended selling just three months ago. The bonds sold way off after he removed them from the portfolio, and, he believes, there is great upside potential once again.
And on Friday in Porter’s Daily Journal, Porter warned that, because of government over printing of the dollar and of huge federal deficits, there is a coming collapse of society and potentially a civil war. He wrote:
We are in the midst of a currency collapse. An outright default is coming. And, most likely, a civil war. And most people will not see it coming… Here’s what you can do to protect yourself – and your investments.”
The Best Things We Read Last Week
Out of the hundreds of sources of investment, finance, and economics news and insight we regularly review – our Bloomberg terminal, hedge-fund letters, annual reports, the financial news media, Securities and Exchange Commission (“SEC”) filings, investment newsletters, newspapers, X (Twitter) threads, conferences, podcasts, and more – here’s what we’ve read that we think you might find interesting.
Markets And Economics
- Here’s a collection of mid-year outlooks from Apollo Global Management, Goldman Sachs, and JPMorgan.
The Legends Speak
Investment Ideas
Government Bonds And Credit
Corporate Bonds And Credit
Real Estate
LIMITED TIME ONLY: Backdoor Exposure to SpaceX
🔑 Inside this limited-time presentation, a private equity expert reveals how you can use a simple 4-letter ticker symbol to gain pre-IPO exposure to Elon’s next trillion-dollar company — SpaceX.
👉 Click here to get the ticker symbol now, completely free, no strings attached.