David Stevenson's Adventurous Investor Newsletter

David Stevenson's Adventurous Investor Newsletter

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David Stevenson's Adventurous Investor Newsletter
David Stevenson's Adventurous Investor Newsletter
Investment Ideas: CoCos, a contrarian take, plus tech musings from the big San Fran conference

Investment Ideas: CoCos, a contrarian take, plus tech musings from the big San Fran conference

I’m still bearish overall and thus not racing to write up ideas but there’s a contrarian argument for CoCos (!! Yes really, just about) plus a tech investor explains why Microsoft is the AI King

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David Stevenson
Mar 29, 2023
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David Stevenson's Adventurous Investor Newsletter
David Stevenson's Adventurous Investor Newsletter
Investment Ideas: CoCos, a contrarian take, plus tech musings from the big San Fran conference
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Before we kick off with a slightly crazy discussion about CoCo securities, here are two useful quant-driven market overviews.

  • Notes 1 from analysts at French investment bank SocGen: “European Value stocks are trading on 8.5x forward earnings and Japan 9.7x, and while not at the extreme levels seen at the end of October, they are approaching distressed a…

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