Week Ended 1/27/17

Retail and Timber Retailers are falling on the potential for some sort of border adjustment tax or tariffs.  Depending on how such things are implemented, it could materially raise the cost of goods for retailers who import goods.  Most affected would likely be the...

Week Ended 1/20/17

REITs pause While there was some minor jostling this week, most REITs ended up roughly where they started.  Our guess is that market participants are moderating their bets until there is more clarity as to the direction of policy and the economy.  That being said,...

Week Ended 1/13/17

Exploiting the gap between fundamentals and markets Generally speaking, we are no better than anyone else at predicting future events.  Our skill comes in pragmatically weighing the same fundamentals that everyone else has access to and deciphering when the market has...

Week Ended 1/6/17

Price movement The first week of 2017 has been characterized by unusually rapid price movement with holdings fluttering from substantially up to substantially down intraday and vice versa.  This exaggerates the value of diligence in watching the markets and timeliness...

4Q16 Portfolio Analytics

Welcome to the 2CHYP quarterly analytics.  Each quarter we analyze our holdings both at a portfolio level and at a company level. PDF link: 2chyp-4q-portfolio-analytics For information and analysis on each company within the portfolio, click the links below to open 2...