Scale Economies
Tagged analyses
TMUSA scaled wireless oligopolist trading at a credible discount, but capex math is fragile.
Hold · 2026-05-04
KKRAlt-AM compounder with sticky locked-up capital, trading at a one-third discount to base IV.
Buy · 2026-05-04
BKWorld-class custody franchise, but priced for a cycle peak.
Hold · 2026-05-03
ODFLBest-in-class LTL operator at a fair price, not a bargain.
Hold · 2026-05-04
CAHA toll-bridge oligopoly priced for perfection — wait for the next litigation panic.
Hold · 2026-05-03
TSCORural-lifestyle category-killer with 27% ROIC trading at less than half base IV.
Buy · 2026-05-04
DEWide-moat ag franchise on sale at the bottom of its cycle.
Buy · 2026-05-03