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Goodyear Tires: The Wheels Haven't Fallen Off
Seeking Alpha· 2025-11-10 18:51
Core Insights - The article introduces Jake Ethridge as a new contributing analyst for Seeking Alpha, emphasizing his focus on providing deep insights into undercovered equities and unique perspectives in financial markets [2]. Group 1: Analyst Background - The analyst's interest in financial markets was sparked by the GME and AMC trading frenzy, leading to a dedication to understanding market mechanics and equity valuation [2]. - The analyst employs a rigorous bottom-up approach, starting with original thesis development on individual securities, comparing them against peers, and evaluating macroeconomic factors [2]. - The analyst's educational background in finance and computer science provides a unique perspective for analyzing both traditional and technology-driven companies [2]. Group 2: Investment Philosophy - The analyst primarily focuses on value-driven investments, seeking opportunities where price diverges from intrinsic value [2]. - The coverage areas include software and technology companies, cryptocurrency, options strategies, quantitative finance, machine learning applications in investing, speculative small-cap opportunities, and deep value situations [2]. - The analyst aims to share actionable research on overlooked opportunities and assist readers in developing frameworks for independent thinking [2].
Ex-Trader Sues TD Bank Over One-Year Non-Compete Agreement
MINT· 2025-09-23 21:57
Core Viewpoint - A former credit trader at Toronto-Dominion Bank is suing the bank to declare his non-competition agreement unenforceable, claiming the bank breached its promises regarding his trading strategy [1][2]. Group 1: Legal Action - Matthew Austin filed a lawsuit against Toronto-Dominion's US securities arm in federal court, asserting that the bank is improperly enforcing a non-compete agreement [2]. - Austin's complaint states that he was recruited with explicit promises to implement an algorithmic trading strategy, which was later shut down by the bank [3][5]. Group 2: Employment and Strategy Issues - After launching his trading strategy in April 2025, Austin alleges that over half of the trading desk was terminated shortly thereafter [3]. - The new desk head reportedly expressed a preference against running Austin's strategy, citing a lack of team buy-in [4]. Group 3: Consequences of Termination - Following the shutdown of his strategy in July, Austin claims the bank failed to clarify his compensation and pressured him to trust management [5]. - After resigning on August 25, Austin states that the enforcement of the non-compete has led to lost income and reputational harm, as well as deterioration of his skill set in the fast-evolving field of quantitative finance [6]. Group 4: Background of the Plaintiff - Austin has a notable background, having served as a vice president in credit trading at Goldman Sachs and holding a Ph.D. in biostatistics from Harvard [6].
Deckers Outdoor Corporation Is An Interesting Value Play That Might Get A Boost By A US-Vietnam Trade Deal
Seeking Alpha· 2025-05-02 14:16
Company Overview - Deckers Outdoor Corporation (NYSE: DECK) is a US company that specializes in marketing and distributing footwear for casual use, ultra-runners, and outdoor activities [1] - The company is known for its prominent brands, including UGG, HOKA, and AHNU [1] Financial Performance - The company has experienced fluctuations in portfolio performance, with a yield of 17.5% at the end of 2020, a near flat performance in 2022 with a loss of only 0.16%, and a disappointing gain of 0.8% during a market surge [1] - Recently, the company has improved its risk strategy, achieving a yield of 12.84% last year with a beta of less than 0.6 [1] Investment Strategy - The company is focusing on algorithmic trading and trading strategies, with an interest in macroeconomic topics, particularly in relation to China [1] - There is a plan to initiate a beneficial long position in DECK through stock purchases or call options within the next 72 hours [2]