FinChatKoyfinTradingviewBeehiivFoundersFoundersCompound & FireCapital AllocatorsCapital AllocatorsBase Hit InvestingBusiness BreakdownsBusiness BreakdownsBejaminAIBenzingaFresh InvestFresh InvestAlphaSenseEquity MatesEquity MatesAmibrokerAsian Dividend StocksAsian Dividend StocksBest Anchor StocksRhinoInsightRhinoInsightBaFin - Managers' transactionsAlessandro (Macro Strategist)Alessandro (Macro Strategist)Heavy Moat InvestmentsHeavy Moat InvestmentsAcquiredAcquiredBamSECThe Wolf of Harcourt StreetThe Wolf of Harcourt StreetForward GuidanceForward Guidance41investments41investmentsAsian Century StocksAsian Century StocksAtom FinanceAlluvialAlluvialBehind the Balance SheetFinChatKoyfinTradingviewBeehiivFoundersFoundersCompound & FireCapital AllocatorsCapital AllocatorsBase Hit InvestingBusiness BreakdownsBusiness BreakdownsBejaminAIBenzingaFresh InvestFresh InvestAlphaSenseEquity MatesEquity MatesAmibrokerAsian Dividend StocksAsian Dividend StocksBest Anchor StocksRhinoInsightRhinoInsightBaFin - Managers' transactionsAlessandro (Macro Strategist)Alessandro (Macro Strategist)Heavy Moat InvestmentsHeavy Moat InvestmentsAcquiredAcquiredBamSECThe Wolf of Harcourt StreetThe Wolf of Harcourt StreetForward GuidanceForward Guidance41investments41investmentsAsian Century StocksAsian Century StocksAtom FinanceAlluvialAlluvialBehind the Balance SheetFinChatKoyfinTradingviewBeehiivFoundersFoundersCompound & FireCapital AllocatorsCapital AllocatorsBase Hit InvestingBusiness BreakdownsBusiness BreakdownsBejaminAIBenzingaFresh InvestFresh InvestAlphaSenseEquity MatesEquity MatesAmibrokerAsian Dividend StocksAsian Dividend StocksBest Anchor StocksRhinoInsightRhinoInsightBaFin - Managers' transactionsAlessandro (Macro Strategist)Alessandro (Macro Strategist)Heavy Moat InvestmentsHeavy Moat InvestmentsAcquiredAcquiredBamSECThe Wolf of Harcourt StreetThe Wolf of Harcourt StreetForward GuidanceForward Guidance41investments41investmentsAsian Century StocksAsian Century StocksAtom FinanceAlluvialAlluvialBehind the Balance Sheet

Superfluous Value

Substack

Articles

29

Companies covered

25

Sectors

6

Countries

8

Research Articles

Thoughts on Jardine Matheson

Feb 15, 2026

Telefonica Brasil: Moving On

Jun 9, 2025

Buying Ashmore and CKH Update

Mar 8, 2025

S4 Capital: When Knights Cry

Nov 6, 2024

The Osisko Buy-Out: A Bittersweet Bird in the Hand

Aug 13, 2024

Hysan Development: Maximum pessimism

May 24, 2024

Mandarin Oriental: Don't Lose Money

May 20, 2024

Petrobras: They're Panicking Again

Mar 10, 2024

Petrobras: Pricing Amargeddon, With a Muddle Through Likely

Nov 23, 2022

Millicom: Special Sit Dynamics Throwing Up A Bargain

May 26, 2022

Teekay Corp: A near net-net, special situation

Apr 26, 2022

Micro Focus: Hanging in There

Dec 6, 2021

Antero Resources: How to 20x Your Money (After a 96% Drawdown)

Nov 1, 2021

Following Up Ping An

Oct 1, 2021

Lloyds Bank: Worth the Pain

Sep 22, 2021

Barrick: The Best Hedges Are Those You’re Paid To Take

Sep 17, 2021

Ping An: Growing Like a Weed, Priced to Liquidate

Sep 8, 2021

Saipem's H1 Results: A Brief Update

Sep 2, 2021

Gazprom: The Ultimate Inflation Hedge

Aug 31, 2021

Babcock International: An Inverted Short

Aug 27, 2021

NOV Inc: A Survivor With Leverage to the Energy Revival

Aug 26, 2021

Turkcell: You Just Wouldn't Find It This Cheap Anywhere Else

Aug 25, 2021

Saipem: Too cheap to Ignore, Safe Enough to Survive

May 20, 2021

Updating Micro Focus After a Strong Run

Apr 13, 2021

Telefonica Brasil: The Ultimate LBO Candidate

Mar 20, 2021

Jardine Strategic: Value Managers Going Cheap- Part 2

Oct 21, 2020

Micro Focus: The world's only tech stock at March lows

Aug 27, 2020

Long Royal Bank of Canada/ Short Shopify

Jun 25, 2020

Long ViacomCBS/Short Netflix

Apr 18, 2020

Capital Employed FMCapital Employed FMAmibrokerRhinoInsightRhinoInsightChit Chat StocksChit Chat StocksKoyfinAlessandro (Macro Strategist)Alessandro (Macro Strategist)AlluvialAlluvialFinChatCapital CyclistsCapital CyclistsEquity MatesEquity Mates41investments41investmentsCapital AllocatorsCapital AllocatorsCompound & FireBest Anchor StocksBaFin - Managers' transactionsFoundersFoundersTradingviewBehind the Balance SheetAtom FinanceBejaminAIBase Hit InvestingForward GuidanceForward GuidanceAcquiredAcquiredBamSECBusiness BreakdownsBusiness BreakdownsAsian Dividend StocksAsian Dividend StocksThe Wolf of Harcourt StreetThe Wolf of Harcourt StreetAsian Century StocksAsian Century StocksBehind the Balance SheetBehind the Balance SheetHeavy Moat InvestmentsHeavy Moat InvestmentsCapital Employed FMCapital Employed FMAmibrokerRhinoInsightRhinoInsightChit Chat StocksChit Chat StocksKoyfinAlessandro (Macro Strategist)Alessandro (Macro Strategist)AlluvialAlluvialFinChatCapital CyclistsCapital CyclistsEquity MatesEquity Mates41investments41investmentsCapital AllocatorsCapital AllocatorsCompound & FireBest Anchor StocksBaFin - Managers' transactionsFoundersFoundersTradingviewBehind the Balance SheetAtom FinanceBejaminAIBase Hit InvestingForward GuidanceForward GuidanceAcquiredAcquiredBamSECBusiness BreakdownsBusiness BreakdownsAsian Dividend StocksAsian Dividend StocksThe Wolf of Harcourt StreetThe Wolf of Harcourt StreetAsian Century StocksAsian Century StocksBehind the Balance SheetBehind the Balance SheetHeavy Moat InvestmentsHeavy Moat InvestmentsCapital Employed FMCapital Employed FMAmibrokerRhinoInsightRhinoInsightChit Chat StocksChit Chat StocksKoyfinAlessandro (Macro Strategist)Alessandro (Macro Strategist)AlluvialAlluvialFinChatCapital CyclistsCapital CyclistsEquity MatesEquity Mates41investments41investmentsCapital AllocatorsCapital AllocatorsCompound & FireBest Anchor StocksBaFin - Managers' transactionsFoundersFoundersTradingviewBehind the Balance SheetAtom FinanceBejaminAIBase Hit InvestingForward GuidanceForward GuidanceAcquiredAcquiredBamSECBusiness BreakdownsBusiness BreakdownsAsian Dividend StocksAsian Dividend StocksThe Wolf of Harcourt StreetThe Wolf of Harcourt StreetAsian Century StocksAsian Century StocksBehind the Balance SheetBehind the Balance SheetHeavy Moat InvestmentsHeavy Moat Investments