Letters by company
Boeing CO
2 letters discussing BA. Everything written about it on this site is on its ticker page.
- EdgePoint Wealth Management “Why buy bonds when I can make money on anything?!” Corporate bonds are presented as a transparent alternative to opaque private funds and hedge funds, especially as equity valuations imply weak long-term prospects. The portfolio has added building-products issuers on an expected housing recovery, while prior L Brands and Carpenter Technology investments illustrate the focus on business-level turnarounds. 3rd quarter, 2025 CRS $19B
- Horizon Kinetics 2nd Quarter Commentary Horizon Kinetics argues that passive indexation has concentrated equity exposure in a handful of large technology companies as the disinflationary forces behind decades of margin expansion fade. It favors hard-asset exposure in the Permian Basin, particularly LandBridge, as AI-driven electricity and water needs raise the value of gas, land and infrastructure. 2nd Quarter 2024 LB $6.6BTPL $24B
