Logica Capital April 2023 Commentary
Logica Capital commentary for the month ended April 30, 2023. Summary Relative to the 1.5% gain for the S&P 500, implied volatility got disproportionately whacked in April, resulting in a fierce headwind
Return on Invested Capital: One Metric To Rule Them All
If I were only able to analyze a single metric before investing in a company it would be ROIC (Return on Invested Capital). Fundamentally, a company creates value by taking
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Crescat Capital: Whistling Past The Graveyard
Crescat Capital commentary for the month ended April 30, 2023, titled, “Whistling Past The Graveyard.” US policymakers continue to act as if they have the stability of the financial system,
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