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My name is Dirt. I write about cheap stocks.

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One Man's Story: Capping IRA Balances

I grew up making $6/hour working on a farm. I went to crappy public schools in a rural part of Appalachia. Then I went to a university with a 99% acceptance rate. I was proud to be in college at all. I didn’t know how far behind the curve I was. After I graduated, my starting salary as an accountant was $48,000. I rented an apartment on the wrong side of town for $485/month, and never felt richer…

Negative EV, Strong Cash Flow, 95% Gross Margins

My name is Dirt. I write about cheap stocks.

The 1970s: Warren Buffett's Defining Decade

It all seemed so easy when he started. Warren Buffett graduated from Columbia in 1951. He had $19,700 to his name. Over the next five years, he would compound his net worth at a rate of 55% annually . He bought things like Western Insurance at 1x earnings . He bought Greif Brothers Cooperage at 2.5x earnings . When he launched his investment partnership in 1956, he had today’s equivalent of $1.3…

Updates on a Few Ideas

My name is Dirt. I write about cheap stocks.

How to Buy Real Estate at a 60% Discount

A Quick Story

High Teens ROE, Industry Leader, Cash Rich

My name is Dirt. I write about cheap stocks.

4x EV/EBIT, Buying Back Stock, Consistently Profitable

My name is Dirt. I write about cheap stocks.

Calling the Top

My name is Dirt. I write about cheap stocks.

2 Dislocated Ideas

1) How to buy a basket of blue chip stocks at 64% of market value. 2) How to buy bitcoin for $11,000.

Warren Buffett Case Study - East Sullivan Mines 1962

My name is Dirt. I write about cheap stocks.