Sirius XM: Low-Cost Debt, High Cash Flow, And A 2-3× Upside Opportunity

Sirius XM Holdings Inc. (NASDAQ: SIRI ) is an example of a low-growth, cash extraction business model that thrives through capital efficiency rather than expansion. Buffett may refer to it as a "cigar butt" with a few moreThe author is a mechanical engineer. He holds a B.S. in Mechanical Engineering and an M.B.A in Finance. He employs evidence and factor-based investing in his personal portfolio.He will sometimes seculate for fun and take small positions in individual stocks he believes are trading at a dis ...