All ideas

Pandora is positioned for significant growth as it has found ways to monetize mobile listeners effectively, with barriers to radio advertising decreasing. The company is capturing a larger share of th

Short World Acceptance Corp. (NASDAQ: WRLD) with a target price of $46, a 48% short upside from its current level. The core business is deteriorating with increasing delinquency rates and regulatory p

XPO is positioned to capitalize on a large and growing market in third-party logistics with significant acquisition opportunities. The company has a strong management team led by CEO Brad Jacobs, who

Buy XPO Logistics shares with a target price of $49 over three years, representing an 87% upside. The investment thesis is supported by the company's position in a large and growing market, high freig

FUEL is overvalued at 5.9x 2014E revenue compared to the industry average of 2.2x, with no earnings or positive cash flow expected until 2016. The company faces significant competition and margin comp

Iraq has the potential for significant economic growth due to its increasing oil production, greater foreign exchange reserves, and higher GDP per capita compared to Nigeria, despite both countries fa

Howard Hughes is expected to continue developing its assets and adding value over a long period of time. The company has been owned since its spin-off from General Growth Properties and has tremendous

SeraCare was interesting and relatively straightforward in terms of the work, and we understood how the issues applied to the company and why it was protected from a lot of challenges in the healthcar

Osteotech was a situation where a large institutional investor asked us to partner with them. We ran a campaign to replace the entire board, and it was a good investment that resulted in shareholders

We had the thesis that over five years the stock would be at least a triple because we were investing at half of stated tangible book value, investment income was below normal due to artificially depr

SeraCare Life Sciences is a post-bankruptcy small company that provides critical reagents to laboratories. The investment thesis is based on the company's durable competitive advantage due to the nece

Rocket Fuel Inc. is overvalued at 5.9x 2014E revenue compared to the average of 2.2x in the ad-tech space. Despite expected revenue growth, the company's business model is not as strong as valuations

Baghdad Soft Drinks has a dominant market position in Iraq with Pepsi holding 80% market share. The company has improved operational efficiency and is expected to see significant revenue growth due to

American Greetings creates tremendous value for their customers despite flat industry demand trends. They maintain strong relationships with retail partners and have long-term contracts that support t

BUY Homex 9.75% Senior 2020 Notes. Even under aggressive downside scenarios, making money requires only a 5% probability that the notes remain performing. I estimate this probability as at least 30% d

VeriSign is considered a beautiful business, although it may not be cheap. The investor feels that it could fit within their circle of competence, indicating a potential interest in the company despit

Fiat has the potential to become a global automobile brand, leveraging its partnership with Chrysler to allocate production costs and resources more effectively across the globe. This strategic advant

Reciprocal Patent Exchange is an interesting business that pools resources to reduce legal risks associated with patents. They generate significant cash flow and have a unique model that could appeal

Guy Spier mentions that he had a great investment in Duff & Phelps, which is a credit rating agency, and it yielded a 7X return over three to four years, indicating it was a wonderful investment oppor

Active Network, Inc. is substantially undervalued against its peers despite having higher quality earnings, as evidenced by its higher EBITDA margin of 7% compared to the peer average of 2.9%. The com

Active Network, Inc. has significant upside potential due to reduced R&D spending and improved management following the departure of its founders. The company is expected to see EBITDA expansion and m

Wabash National Corporation is positioned for profitability improvement as it raises prices and sees returning customers. The company is expected to expand its margins in the Commercial Truck segment

Wabash National Corporation is positioned to benefit from a recovering trailer market as the average trailer age is at record levels, leading to increased demand for new trailers. Regulatory pressures

Desarrolladora Homex is focusing on cash flow generation by selling non-core assets and has sufficient liquidity through 2013 even in a downside scenario. The company is positioned to benefit from gov