Author Topic: Returns from Special Situation trades  (Read 39731 times)

oplia

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Returns from Special Situation trades
« on: February 06, 2019, 02:56:43 AM »
Returns from special situations trades are binary by nature and if you choose to participate only in couple of deals in a year, you might get burned very badly.
However, participating in these types of trades regularly seems to really pay-off well.

I have compiled some stats for 2018 on the 96 special situation ideas that have been posted by myself and members and on average these have generated 40% IRR.

For more details see here:
https://www.specialsituationinvestments.com/2019/01/2018-year-in-review/
Special Situation Investments www.specialsituationinvestments.com


stahleyp

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Re: Returns from Special Situation trades
« Reply #1 on: February 07, 2019, 12:01:57 PM »
Why does almost every post you make advertise your website?
Paul

EricSchleien

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Re: Returns from Special Situation trades
« Reply #2 on: February 07, 2019, 05:25:07 PM »
Why does almost every post you make advertise your website?

Because he wants to get the word out to people where he feels he can add value & in a community of people who are more prone to be interested in these kinds of situations.

That's just my hunch anyway :)

JayGatsby

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Re: Returns from Special Situation trades
« Reply #3 on: February 08, 2019, 01:03:06 AM »
I joined this site for a bit, but didn't like the structure.

When I joined it was advertised as a free community as long as you submitted ideas. If you didn't submit ideas you would be charged. Fair enough.

By month 2 I was submitting ideas AND being charged.

When I joined I had a lot more time and was researching these sorts of trades fairly actively. The ideas that are posted still require your own due diligence, and the whole site requires an active member base to make it worthwhile.

So if you're an active, contributing member of the community you pay to build a product that one person then turns around and sells to noncontributing members.

Seems like a community of people actively researching special situations trades together would be valuable enough without one person trying to sell those ideas for profit.

I guess that's why CoBF has stuck around.

writser

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Re: Returns from Special Situation trades
« Reply #4 on: February 08, 2019, 02:52:57 AM »
Why does almost every post you make advertise your website?

Because he wants to get the word out to people where he feels he can add value & in a community of people who are more prone to be interested in these kinds of situations.

That's just my hunch anyway :)

If you want to add value to a community here's an idea: share your ideas for free. Don't copy them from places such as this forum, put them behind a paywall and then spam your website here to try and get people to pay for it. You also run a podcast that you refer to every other post so obviously you are inclined to defend others who are doing the same. At least your podcast is free ..
« Last Edit: February 08, 2019, 03:00:48 AM by writser »
When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid.

oplia

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Re: Returns from Special Situation trades
« Reply #5 on: February 08, 2019, 05:30:59 AM »
wow, so much negativity.

I believed I had compiled some interesting info on pay-offs from special situation plays and shared it here. Post was/is freely accessible to anyone with no ads or encouragement to join the site. Since when is it considered wrong to post a link with potentially interesting info to your own site?

Stahleyp - my last couple of posts on CoB related to contest that I was running on the site and where I paid out to the winners disregarding whether they were members or not. Again, not sure why would it be not relevant to CoB readers.

JayGatsby - sorry to hear you were disappointing by the experience. If you believe you were being charged where you were not supposed to, please get in touch with me and I will be more than happy to sort it out. Own due diligence is definitely required on all the ideas posted and same should apply to any site.

Writser - not entirely sure what are you talking about. I do not have a podcast and do not believe I have copied a single idea from CoB. Any examples?
Special Situation Investments www.specialsituationinvestments.com

LC

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Re: Returns from Special Situation trades
« Reply #6 on: February 08, 2019, 10:03:46 AM »
This is just my 2 cents:

I've got no horse in this race but, there have always been these special situation newsletters/blogs/etc.

As oplia correctly mentions, your own due diligence is required no matter where you source your ideas - whether it be COBF, VIC, your best friend's mother-in-law, etc.

So I never joined these special situation blogs because, why not just set up a tracker for 10-12 (spinoffs)/13E3 (going private)/SC-TO (tender offer) filings from EDGAR?

You're doing the DD anyways. But I can understand if your time is worth paying $XX to have it pre-sorted for you.

I think this website does a good job policing the advertisement / promotion stuff. I think Nate does it best - he offers a service, mentions it sometimes, but is also a regular contributor. Actually if there was one newsletter I would subscribe, it would be Nate's, because of the fact that he is a regular contributor.
« Last Edit: February 08, 2019, 11:00:02 AM by LC »
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Parsad

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Re: Returns from Special Situation trades
« Reply #7 on: February 08, 2019, 11:29:28 AM »
Returns from special situations trades are binary by nature and if you choose to participate only in couple of deals in a year, you might get burned very badly.
However, participating in these types of trades regularly seems to really pay-off well.

I have compiled some stats for 2018 on the 96 special situation ideas that have been posted by myself and members and on average these have generated 40% IRR.

For more details see here:
https://www.specialsituationinvestments.com/2019/01/2018-year-in-review/


Hi Oplia,

I've received a number of complaints about this post being advertising.  I'm ok with the occasional reference from posters to their own sites, so I won't remove this.  But if it becomes recurring, you will be banned without notice.  Just a heads up on how we really don't have any advertising on here, other than the three Google Ads that show up to keep the lights on.  Cheers!
No man is a failure who has friends!

JayGatsby

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Re: Returns from Special Situation trades
« Reply #8 on: February 09, 2019, 11:39:06 AM »
So I never joined these special situation blogs because, why not just set up a tracker for 10-12 (spinoffs)/13E3 (going private)/SC-TO (tender offer) filings from EDGAR?

You're doing the DD anyways. But I can understand if your time is worth paying $XX to have it pre-sorted for you.

I set up a ton of those alerts at one point and still missed a lot. There's a ton of time involved in researching them correctly, so unless you're focused full time on it it's hard to do it yourself. I actually think a semi private group of people focused on these sort of things could be hugely valuable to all involved. CoBF is amazing, but some situations you don't really want to post publicly on the internet. Writser does an awesome job of posting quality ideas here and getting feedback, but one off special situations don't usually generate a ton of interest unless he posts them.

If there was interest in that sort of thing I'd happily join and hopefully pull my weight (if not I'd be voted out lol). I think everyone realizes the weaknesses of the paywall / one person sells access model, so no point belaboring that.

fishwithwings

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Re: Returns from Special Situation trades
« Reply #9 on: July 18, 2019, 08:09:51 AM »
A little off topic, but how do you guys source your Special Situations ideas?