Are you a battle-tested trader with years of experience, deep market insight, and the scars and medals to prove it? Do you thrive on analyzing complex financial opportunities—and have a knack for explaining them in a way anyone can understand? If so, Porter & Co. wants you. Porter & Co. is looking for an exceptional
Since we recommended this company’s bond a year ago, the company has improved its performance, and the bond, still a year out from maturity, is trading near face value, having increased in price by 24%. This month, we are adding the shares to the portfolio.
The company we are recommending is the world’s second-largest company in its category. Yet despite generating 90% of the free cash flow as its top competitor, this company trades around half of what that number-one brand trades for. We believe this valuation gap will narrow significantly in the years ahead.
Porter outlines why this national homebuilder has become a superb business. He explains why it’s positioned to become a great, long-term compounder.
On Tuesdays we turn the spotlight outside of Porter & Co. to bring you exclusive access to the research, the thinking, and the investment ideas of the analysts who Porter follows.
Over the last 50+ years, the entire global financial system has been organized around paper money. But, there’s a problem: fiat systems always fail. And the current system is now starting to break down, Porter writes.
Best known as a master in the field of high-yield bonds, today Marty Fridson shares insight into how he selects distressed equities – which are helping drive the total return of his Distressed Investing advisory higher.
“Dean of High Yield” Martin Fridson explains the ins and outs of distressed debt – what it is, how and when to buy it, and his top three plays right now – in this in-depth conversation with Porter & Co. CEO Jared Kelly.