Value Degen’s Substack

Value Degen’s Substack

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Value Degen’s Substack
Value Degen’s Substack
Paywalled small cap restaurant chain that could 10x to 30x over the next 15 to 20 years.
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Paywalled small cap restaurant chain that could 10x to 30x over the next 15 to 20 years.

There’s a reason Peter Lynch liked restaurants.

Unemployed Value Degen's avatar
Unemployed Value Degen
Oct 04, 2024
∙ Paid
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Value Degen’s Substack
Value Degen’s Substack
Paywalled small cap restaurant chain that could 10x to 30x over the next 15 to 20 years.
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Hello and welcome to a paywalled small cap stock idea.  Initially I was writing one paywalled small cap a week, sometimes I remembered to put my best ideas behind the paywall, sometimes I forgot.  Forward Air (FWRD) and Burford Capital (BUR) were probably good enough for a paywall, but hey, I was new at this.  Sometimes, the paywalled small cap idea was just mediocre, and I forced it anyway just to try and grow my paid subscriber base.  Vital Energy (VTLE) didn’t deserve the paywall, and you have my apologies for it.  Conn’s was genuinely a mistake, it had real potential until it went bust.  

I think I am going to shift strategy a bit, and if there is a week where I don’t find an idea good enough, I won’t put a company behind a paywall that week.  Better to forego my cash conversion attempt than to put something mediocre behind the paywall and disappoint a new paid customer.  

But today I have a real gem, something I want to own for the next twenty years, unless management chooses to screw up a winning formula, or private equity pulls it from my quivering mouth like a teat from a suckling babe.

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