Prudential Financial Inc (PRU)

Asset Class: US Stock (Sector: Financials / Industry: Insurance) Original Investment Thesis (7/2018):  Insurance companies were abundant in my screening tools and I looked at several before settling on this company. My biggest issue (or is it opportunity) is why a company that uses the Rock of Gibraltar for advertising doesn’t use The Rock (movie …

Kronos Worldwide Inc (KRO)

Asset Class: US Stock (Sector: Materials / Industry: Chemicals) Original Investment Thesis (7/2018):  Cyclical Investing!  More fun with cyclical companies!  KRO makes/sells titanium dioxide. The top 6 competitors account for 66% of the market and KRO has 9% of the market. Their largest competitor has 18%.  No customer has more than 10% of KRO’s sales …

Mammoth Energy Services Inc (TUSK)

Asset Class: US Stock (Sector: Energy / Industry: Energy Equipment & Services) Original Investment Thesis (7/2018):  This is a cyclical company in the oil services industry.  They have been growing organically…without taking on substantial debt. They are in multiple lines of business and multiple geographic locations. The 2016 letter said they survived the past two …

Physical Gold and Silver

Asset Class: Commodities (Precious Metals) Original Investment Thesis (7/2018): I will likely keep a precious metal allocation in my portfolio from here on out.  I’ve never owned precious metals in my life until mid-2018.  I’ve heard all the great investors talk about how it is nothing but a pet rock, has no yield, therefore, it …

Schwab Short Term US Treasury ETF (SCHO)

Asset Class: Bond (Short Term / 1-3 Year Treasuries) Original Investment Thesis (6/2018): I’m holding a bond position in lieu of stocks right now for a variety of reasons.  The biggest reason I’m allocating to bonds versus just parking the money in the VT ETF is because I’m doing what you are not ever supposed …

Micron Technology (MU)

Asset Class: US Stock (Sector: Information Technology / Industry: Semiconductors & Semiconductor Equipment) Original Investment Thesis (2/2018): Cyclical company with almost no debt in an industry that is known to be boom-bust.  My bet is there will be way more boom than bust (over the long term).  I like everything they’ve done since the ‘08 …

Aberdeen Bloomberg Commodity Index ETF (BCI)

Asset Class: Commodities (Broad Basket Index) Original Investment Thesis (2/2018): I believe commodities are cheap relative to stocks (and other financial assets). They are cheap on a variety of measures and have performed horribly over the past decade.  Hardly anyone owns them and no one talks about them.  Perfect!  I am a stock guy and …

Xperi Holding Corp (XPER)

Formerly TiVo Corp (TIVO) (merged in 2020) Asset Class: US Stock (Sector: Information Technology / Industry: Software) Original Investment Thesis (12/2017):  When I bought this company’s stock, I liked several things about it.  They are a product of an acquisition of TIVO (by ROVI…then keeping the TIVO name).  This was in late 2016—valued TIVO at …

Macy’s Inc. (M)

Asset Class: US Stock (Sector: Consumer Discretionary / Industry: Multiline Retail) Original Investment Thesis (12/2017):  Retailpocalypse!  Amazon is evidently going to put every company on earth out of business.  Somehow, I doubt that happens!  I don’t think Macy’s is going out of business…ever.  Macy’s has been around since the 1800s and in my opinion, Macy’s …

Alliance Resource Partners LP (ARLP)

Asset Class: US Stock (Sector: Energy / Industry: Oil, Gas & Consumable Fuels) Original Investment Thesis (11/2017):  Cyclical investing!!!  This investment has a lot of strangeness that I needed to figure out in order to get comfortable owning it (besides being a coal company).  It was the first coal MLP formed in 1999 (originally started …