Independent, institutional-grade research on under-covered small- and micro-cap equities, combining primary and secondary sources into fundamental analysis that arrives at a defensible intrinsic value.
My primary focus is an independent research process on small- and micro-cap equities in the U.S. and Canada, hunting for businesses at an inflection in operating leverage and profitability before the market re-rates them.
Separately, I spent this past summer as the sole equity researcher for a Bahamian investment firm with over $1 billion in AUM, working to push that market past a status quo where listed companies trade on reputation and word of mouth rather than real analysis. I built valuation coverage on BISX-listed companies across banking, insurance, consumer, telecom, and healthcare, from scratch.
Across both, the throughline is conviction earned the slow way: understand the business model through countless hours of research, stress the downside, and only then form a view on value. I'd rather hold five names I understand deeply than thirty I've skimmed.
A funnel from a broad watchlist down to a short list, filtering for operating-leverage and profitability inflections the market hasn't yet priced. 100 → 10 → 3
Financial statements, earnings quality, and capital structure from primary sources, building a view of what the business actually earns and where it can break.
Where the disclosures go quiet, I do the legwork a journalist would: chasing primary sources and piecing together detail no one packaged up. In overlooked names, the edge usually lives in the information you have to dig for.
Bottom-up DCF models that project a company's future free cash flows and discount them back to present value at a required rate of return. Every output is formula-driven, never hardcoded.
My primary focus. A pipeline of U.S. and Canadian names is in active research right now.
The first published notes, each with a written thesis and the model behind it, are on the way. Check back soon.
Built over a summer as the sole equity researcher for a Bahamian investment firm. Detailed models are held privately; summaries available on request.
| Ticker | Sector | Primary method |
|---|---|---|
| AML | Consumer / retail | DCF |
| CAB | Telecom | DCF |
| BWL | Industrials | DCF |
| DHS | Healthcare | DCF |
| CBL | Banking | Residual income · DDM |