Rangeley Capital's portfolio managers Andrew Walker and Chris DeMuth Jr. host a fifteen-minute podcast, which you can subscribe to on iTunes, Stitcher or audioBoom. If you missed the previous episode, then please check out Annual 'Orgy Of Wealth Destruction'
In the current episode, we start with deal surprises in 2017. Which deals will surprisingly close? Which will surprisingly get announced? We discuss the prospects for Rite Aid (NYSE:RAD) and Alere (NYSE:ALR). Then we turn to the possibility of Berkshire (BRK.A/BRK.B) backing an Anheuser-Busch Inbev (NYSE:BUD) deal with Coke (NYSE:KO) before Buffett's retirement, the possibility of Masayoshi Son's Softbank (OTCPK:SFTBY) backing the Sprint (NYSE:S) acquisition of T-Mobile (NASDAQ:TMUS). What trends will define 2017? We hit on the chances of rising rates and volatility. To wrap up our podcast and our year, we end with internet porn. If you have feedback, please email firstname.lastname@example.org.
Disclosure: I am/we are long BRK.A, BRK.B, ALR, RAD, TMUS.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: Chris DeMuth Jr and Andrew Walker are portfolio managers at Rangeley Capital. We invest with a margin of safety by buying securities at discounts to their intrinsic value and unlocking that value through corporate events. To maximize returns for our investors, we reserve the right to make investment decisions regarding any security without notification except where notification is required by law. This post may contain affiliate links, consistent with the disclosure in such links. We manage diversified portfolios with a multi-year time horizon. Positions disclosed in articles may vary in sizing, hedges, and place within the capital structure. Disclosed ideas are related to a specific price, value, and time. If any of these attributes change, then the position might change (and probably will).