Reletter
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New Horizons Investment

Chris Von Hoene

An educational investing publication that teaches new investors how hedge funds analyze businesses, markets, and risk.

Platform
Substack
PricingOnly free issuesPublishesTwice weekly
Issues88Foundeda year agoLast Issue8 days ago
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Latest Issues

The Value Investors Nick Sleep Learned From

The Investor He Followed

Nick Sleep didn’t hide his heroes. Across 218 pages of Nomad letters, one name comes back again and again. It is Bill Miller.

Tony Bentley playing Bruce Miller in the Big Short

It isn’t a trading strategy he...

8 days ago
8

My First Stock Loss

The Amazon Stock I Was Forced to Sell

I want to get back to my roots here, teaching other new investors. I started investing in stocks in 1993. And looking back at those early trading records, there’s one thing that jumps off the page: I...

12 days ago
5

Conduent (CNDT): The Transformation That Could Unlock a Much Better Business

Investment Thesis

Conduent is not the kind of company that immediately jumps out as a classic compounder. In fact, today it looks more like the opposite: a complicated business with low margins, declining revenue in parts of the portfoli...

14 days ago
3

The 4th Dimension


THE FOURTH DIMENSION

No one can point to the fourth dimension, yet it is all around us. — Rudy Rucker

Theoretically, it’s impossible for us to perceive a 4D creature. That is, unless it broke into our three-dimensional reality....

19 days ago
2

The Triple Crown

Three Questions, One Investment

After combining the ideas of Michael Burry, Nick Sleep, and the EIS framework, we have three different ways of looking at the same investment. Burry asks a deceptively simple question, what does the market...

22 days ago
6
5

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    Remember when you were young, you shone like the sun

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