Who am I?
I post under the pseudonym NorbuCap.
I recently finished a decade+ long stint as a buyside analyst at a long/short fund, but now I’m managing my own capital full-time.
Why subscribe?
If you’re looking for ideas within the consumer sector, this could be an interesting follow for you. The goal of The Consumer Ascent is to highlight businesses that are, both, riding a secular tailwind as well as out-executing competitors such that their financial performance can either reasonably sustain over a multi-year period or massively surprise in the near-term. Hopefully, I can deliver both to you.
My inaugural post on APR Co ($278470), a beauty company based in South Korea, is a prime example of the business I’m looking to highlight on here. It’s a business that can be overlooked because it operates in the highly competitive cosmetics industry, but the business structure as well as underlying data suggests clear competitive differentiation. Plus, we’re seeing a K-beauty wave globally, and APR Co is the #1 beneficiary from this massive trend.
For the most part, the posts will highlight businesses where I see meaningful upside to their stock rather than simply discussing what makes them so great.
In terms of deliverables you should expect:
1-2 actionable ideas on a quarterly basis
More frequent trade ideas or near-term updates
Less frequent thought pieces on consumer trends
Downloadable financial models (email me to request)
How do I get in touch?
If you want to ask about the service or just chat ideas, please write to me:
Email: info@norbucap.com
Twitter: @norbucap
