I think you misread the share count thing. A small share count is just the result of a small market cap, combined with not wanting to be a penny stock.
Net Cash Generated by Operating Activities (aka OCF), which the company have ALREADY used to expand and grow its business is much more important than the Free Cash Flow which could be used for EXPANSION in Unknown Time into the Future.
„As my moniker implies, I’m a value investor. A pretty deep one. Yet while my influences are traditional, I’ve developed my own version of value investing. This version has been tuned empirically with a singular goal: maximize risk-adjusted returns“
Comment:
Burry has devised his version of Intrinsic Value Formula.
.
His strategy is to avergae down starting from the intrinsic value of any stocks in the growth.
.
That's all, nothing else.
.
Have you devised your own Intrinsic Value formulas which are based on logics and rationality?
.
If not yet after years of reading mental models of everyone, that means reading without digging the hidden hint.
I think you misread the share count thing. A small share count is just the result of a small market cap, combined with not wanting to be a penny stock.
Thanks for sharing, you might be right about that.
Excellent article and insight. Thank you.
Hello Noel,
I hope this communique finds you in a moment of stillness.
Have huge respect for your work and reflective pieces.
We’ve just opened the first door of something we’ve been quietly handcrafting for years—
A work not meant for everyone or mass-markets, but for reflection and memory.
Not designed to perform, but to endure.
It’s called The Silent Treasury.
A place where conciousness and judgment is kept like firewood: dry, sacred, and meant for long winters.
Where trust, vision, patience, resilience and self-stewardship are treated as capital—more rare, perhaps, than liquidity itself.
This first piece speaks to a quiet truth we’ve long sat with:
Why many modern PE, VC, Hedge, Alt funds, SPAC, and rollups fracture before they truly root.
And what it means to build something meant to be left, not merely exited.
It’s not short. Or viral.
But it’s a multi-sensory experience and built to last.
And, if it speaks to something you’ve always known but rarely seen heartily expressed,
then perhaps this work belongs in your world.
The publication link is enclosed, should you wish to experience it.
https://helloin.substack.com/p/built-to-be-left?r=5i8pez
Warmly,
The Silent Treasury
A vault where wisdom echoes in stillness, and eternity breathes.
I learned a lot from Burry.
Especially: my love of roadkill stocks, and my ev/ebit screening
https://open.substack.com/pub/benevolusinsights/p/my-investing-philosophy?r=252ibd&utm_medium=ios
I believe:
Net Cash Generated by Operating Activities (aka OCF), which the company have ALREADY used to expand and grow its business is much more important than the Free Cash Flow which could be used for EXPANSION in Unknown Time into the Future.
„As my moniker implies, I’m a value investor. A pretty deep one. Yet while my influences are traditional, I’ve developed my own version of value investing. This version has been tuned empirically with a singular goal: maximize risk-adjusted returns“
Comment:
Burry has devised his version of Intrinsic Value Formula.
.
His strategy is to avergae down starting from the intrinsic value of any stocks in the growth.
.
That's all, nothing else.
.
Have you devised your own Intrinsic Value formulas which are based on logics and rationality?
.
If not yet after years of reading mental models of everyone, that means reading without digging the hidden hint.