My investing strategy is protecting my downside w/ strong margin of safety, not making risky bets chasing multibaggers. Occasionally I find one that offers the best of both.

This business just got a huge tax cut that'll significantly increase its earnings, and it trades at about 2x tangible book.

This holiday season, I happened to run across an interesting small business that I think was a good example of some trends in the economy that investors should be thinking about...

Christmas Case Study: They Fired Santa??? open.substack.com/pub/deepvalu...

#valueinvesting #investing #economics

My first post on Substack has 10 stocks:

- 5 Net-Nets, 4 more below 1.3x NCAV
- 7 trade below 10x earnings
- All profitable businesses

I figured I would go big to launch Deep Value Digest. Let me know what you think.

#ValueInvesting #DeepValue

deepvaluedigest.substack.com/p/deep-value...