Today’s post is a simple one, with just one purpose, to say thanks! to all the readers who have helped make 2014 a great year for OTC Adventures and for Alluvial Capital Management, LLC. Just as in years past, your responses … Continue reading
Time for part two of my discussion of BFC Financial and BBX Capital, two related and complex companies. These companies possess significant value in the form of cash, loans, and real estate, shared ownership of a very valuable timeshare company, Bluegreen, … Continue reading
Today’s post is the second in a series I’m informally titling “stocks that caused me grief in 2014.” The first in the series was Awilco Drilling. This post concerns BFC Financial and BBX Capital, two related companies that possess valuable assets worth … Continue reading
Slight change of pace from my usual postings today. Regular readers are well-aware of my investing focus: the smallest, least-analyzed companies, often churning out profits in unglamorous industries. Many times the stocks of these companies are difficult to buy in size, … Continue reading
Post edited after a helpful reader pointed out some calculation errors. The conclusions reached have not changed. That’s what I get for writing after midnight. I’ve haven’t written on Awilco Drilling for a while, but the company’s never been far … Continue reading
JPS Industries produces advanced fibers for use in a wide variety of applications, like aerospace, insulation, electronics, construction, body armor and many other product types. JPS struggled for years with excess leverage and unfocused operations, but now has shed all … Continue reading