The Unicus Investor
Unicus ResearchThe Unicus Investor newsletter invites you to seek investment value by taking the less crowded path. We offer insights from our industry sources and relevant, consumable bites of investment insights.
| Platform |  | Pricing | Only paid issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 622 | Subscribers | Read | contrarianunicus.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Blackstone Published a Defense of Private Credit. There is a Problem with Its Defense.
The EBITDA data is unverified. The LTV is at underwrite, not today. The BREIT comparison does not hold. Here is what the primary documents actually show.
Don’t Be Fooled: How the Agency Securitization Turns Toxic Collateral Into Someone Else's Problem
CRE's Extend, Pretend, Repeat
The Second Inflation Wave: From De-Minimis to the Strait of Hormuz. A Critical Big Read
We Warned Our Readers and Client. This in September. Here Is the Second Wave.
BDC Stress Tests: The Numbers Look Fine. That Is the Problem -I
The March 2026 Fitch stress test flags unreliable inputs in the same document that says BDCs are fine
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Authors
The writers behind this newsletter.
A worldwide team of curious analysts, forensic investigators, thought leaders, and economists with a passion for research.
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