Spin-off Market

Why You should Keep an Investment Journal

This week, Greggory Miller and I continue our series on spin-off investing and other topics. In the below video, we discuss: Why you should start a blog or keep an investment journal. Lessons learned from spin-off failures. Our thoughts on the impact of the coronavirus. What stocks look interesting at current levels. We discussed [...]

By |2020-03-05T12:17:35-05:00March 5th, 2020|Categories: Spin-off Market|1 Comment

How I Analyze a Spin-off

I recently had the opportunity to chat with Greggory Miller of Spinoff Investing Simplified. In the video, we discussed my spin-off investing diligence process and some resources that would be helpful to those doing their own spin-off research. Feel free to skip to 4:53 of the video unless you want to hear me talk [...]

By |2020-02-27T16:26:55-05:00February 27th, 2020|Categories: Spin-off Market|1 Comment

Why Do Spin-offs Outperform?

Why Do Spin-offs Outperform? While not every spin-off will outperform (I’ve learned this lesson the hard way), on average, they do quite well. See below for long-term performance of Bloomberg spin-off Index vs. the S&P 500. What drives the outperformance? Usually stock spin-offs begin trading at a low valuation. This occurs for a couple [...]

By |2019-07-01T14:40:01-04:00June 7th, 2019|Categories: Spin-off Market|4 Comments

My Interview on Investing in Stock Spin-offs

My Interview on Investing in Stock Spin-offs Last week, I had the pleasure of speaking with Greggory Miller of Spin-off Investing Simplified. It was a great conversation and Gregg was kind enough to record the conversation. I've posted segments of the interview below for those who are interested. Why Invest in Stock [...]

By |2019-05-13T13:19:27-04:00May 13th, 2019|Categories: Spin-off Market|0 Comments

Superinvestors and Stock Spin-offs

(This article was originally published in February 2016, but I wanted to update it to add Warren Buffett and Mohnish Pabrai’s perspective on spinoffs) I’ve known for a while that many of the world’s Superinvestors advocate investing in spinoffs. After all, that’s one of the reasons why I originally became interested in researching spinoffs. While [...]

By |2018-08-08T16:22:51-04:00March 11th, 2018|Categories: Spin-off Market|20 Comments

Stock Spinoffs and Indiscriminate Selling

A reader of blog recently asked me the following question: “Is there a way to tell when the initial selling pressure has ceased by looking at volume or something? How long does it typically take?” This is a great question, and I apologize that it took me so long to answer. At the heart of [...]

By |2018-04-28T10:58:18-04:00May 21st, 2017|Categories: Spin-off Market|23 Comments

Stock Spinoff Performance by Market Cap

I wanted to share a quick stock spinoff analysis. I downloaded all the stock spinoff data that was available on Bloomberg and then analyzed total 1 year return, 3 year return and 5 year return, by market capitalization. Here is one key takeaway: microcap spinoffs outperform in year 1.  Specifically, “Less than $500mm Market Cap Spinoffs,” [...]

By |2018-05-17T22:02:19-04:00March 21st, 2016|Categories: Spin-off Market|2 Comments