I had Steve from Unemployed Value Degen on the podcast the other day. He’s a relatively new Substack writer, and I was interested to chat with him on Transocean RIG 0.00%↑ and several other companies he’s interested in. You can find his Substack here. If you want to watch it on YouTube, here’s a link. We spent a good bit of time chatting about Transocean and offshore, but we also covered several other stocks, including:
Sibanye Stillwater SBSW 0.00%↑ and his thoughts on the mining sector
Peabody Energy BTU 0.00%↑ and his thoughts on their buyback program.
He also talks about some stocks that are frequent targets of short sellers.
B. Riley RILY 0.00%↑, and why he thinks their core business could improve after a rough couple years, and some of the assets they could sell.
GameStop GME 0.00%↑, and how he thinks there could be value there outside of the speculative mania.
Medical Properties Trust MPW 0.00%↑, and his thoughts on the issues with a main tenant and the discount to book value.
His book recommendations: Opening Skinner’s Box by Lauren Slater and On The Nature Of Mass Movements by Eric Hoffer
Disclaimer
I own shares of Transocean and Peabody Energy. I also own calls on Transocean and Peabody Energy. You should do your own research before making any investment decisions. Different investment strategies have different risk/return profiles which should be considered before making any decisions.
Kontrarian Korner #5 - Unemployed Value Degen