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Yet Another Value Blog

Andrew, Andrew Walker
Hundreds of paid subscribers

Yet Another Value Blog applies a modern value investor's eye to quirky special situations and investing.

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PricingFreemiumPublishesDaily
Issues1277Founded6 years agoLast Issue5 days ago
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Latest Issues

GoPro sold itself at 9:20 AM to get ahead of a meme stock

GoPro announced a merger agreement at 9:20 AM ET this morning. I have been doing event driven investing for ~a decade. I cannot remember any merger agreement getting announced at 9:20 AM. Honestly, it’s incredibly rare for any PR to get mad...

5 days ago
38

$LMB: Limbach missed the data center boom. Is that the opportunity? | 1 Main Capital

YAVP #419

Limbach spent three years turning itself from a general contractor into an owner direct services business, and the market loved it right up until this summer. Then organic revenue went down mid single digits, EBITDA fell 30%, gui...

5 days ago
34
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$SEE.L: Europe just made this duopoly mandatory. Why is it 11x free cash flow? | Hugo Navarro

YAVP #417

Every new car sold in Europe now has to watch the driver's face. Two companies in the world can actually do it, Seeing Machines and Smart Eye, and they spent twenty years and hundreds of millions of dollars getting there

7 days ago
26
Paid

Late August 2026 Random Ramblings

YAVP #418

Rates just screamed to 20 year highs and stocks have barely blinked (see my piece on it here). That looks to me like the mirror image of the mid-2010s, when Treasuries yielded 2%, the math said stocks should trade for 25x, and th...

10 days ago
32
Paid

Rates are screaming and stocks aren't listening (again)

Back in the early to mid 2010s, fundamental investing ran into a problem: interest rates were low, and so were stock prices. The two shouldn’t be low at the same time, and it was causing issues with DCFs.

It’s an issue that I’ve been thin...

11 days ago
58
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  • Andrew

    Yet Another Value Blogger. Portfolio manager and head of research at Rangeley Capital.

  • Andrew Walker

    Yet Another Value Blogger. Portfolio manager and head of research at Rangeley Capital.

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