Global Ship Lease: Cheap For A Reason, But Compelling Nonetheless

Core Insights - Global Ship Lease (NYSE: GSL) is a small-cap company that specializes in owning and leasing mid-sized container vessels to major shippers, primarily focusing on ships with a capacity of 2,000 to 10,000 twenty-foot equivalent units (TEU) [1] Company Overview - The company charters its vessels mostly under fixed-rate agreements, providing a stable revenue stream [1] Investment Strategy - The investment approach emphasizes identifying long-only opportunities that offer safe and growing dividends, aiming to outperform the broader market on a risk-adjusted return basis [1] Analyst Background - The analyst has extensive experience in both equity and real estate markets, having sourced over $100 million in commercial real estate investments and worked in structured credit products [1] Educational Background - The analyst holds a degree in Economics and a minor in Applied Mathematics from Boise State University, with a long-standing passion for researching and investing in equity markets [1]