Hello and Welcome to my first video where I model an exit price for a stock that has started to rally. Finance of America (FOA) is at about $26 a share as I write this, and it was at $5 when I first published the writeup below. The model is very rough, there is a lot of garbage in garbage out as it really is a black box how the funds flow underneath the surface. The mortgage REIT accounting is impenetrable, but that’s why there was an opportunity in the first place.
Paywalled “Ten Bagger or Bust” with 37% market share and secular tailwinds
Welcome to my weekly paywalled article where I share my best ideas. I do believe that free samples are one of the best things about capitalism, and I am currently giving four free ideas for every one that is paywalled. But this idea is good, maybe one of my best, so if that isn’t worth $5 a month, I don’t know what is.
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