Author Archives: Andrew Schneck

About Andrew Schneck

I am a value investor focused on misunderstood securities and industries, with an eye for long-term stock ownership.

SolarCity: Emerged Experts and Jim Chanos

Hypothetical question: If you think a company is worth $100 per share, buy it at $50, and then someone acquires the whole company at $25, were you wrong? This is perhaps the most perplexing part of the SolarCity story for … Continue reading

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Discover Some Wealth: Discovery Communications

Discovery Communications is my latest, which I found while combing through a local asset manager’s portfolio here in Pittsburgh. They are a global media company that provides content in 223 countries and 45 languages with a product portfolio that includes … Continue reading

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SolarCity: Sorry, No More

I finished a 54-page report on SolarCity, which will serve as a replacement to a series on this website. I apologize for promising a longer series and not delivering, but 54 pages is too much and I’ve tired myself out … Continue reading

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Pabrai Makes A Killing in FCAU

I┬árecently wrote a post about how I believed Mohnish Pabrai to be back. In it, I posited that his resurgence with only 6 major stock positions indicated a newfound confidence in his work, and improved relations with his investors. As … Continue reading

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SolarCity Part II: The Business Model

I have been writing an investment thesis on American Express, so forgive the gap since my last post. I don’t mean for a series of articles on a company to stretch on for weeks. My apologies. SolarCity is a very … Continue reading

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SolarCity Part I: Chanos Wrong on Dell, Again Wrong on SolarCity

“The amount of energy necessary to refute bullshit is an order of magnitude bigger than to produce it.” Before starting this post, I just want to point out this quote. In order to disprove erroneous ideas and improperly understood facts, … Continue reading

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Valuation: Thinking Like an Owner

One area academics seem to confuse significantly is the subject of valuation. Sitting through my finance courses in colleges did little, if anything to help solidify my views on how to value a business. Theoretical models of discounted cash flows, … Continue reading

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