by The BlackSummit Team | Jun 15, 2021 | Commentaries
In the mid 1990s Netscape Communications, one of the early darlings of the dot-com craze, embarked on a roadshow to meet with prospective investors prior to its IPO. In its last meeting, and already late to board the plane from London back to the States, management...
by The BlackSummit Team | Jan 12, 2021 | Commentaries
“The best business is a royalty on the growth of others, requiring little capital itself.” – Warren Buffett “Simplicity is the ultimate sophistication.” – Leonardo da Vinci Leverage does wonders to a business, both on the way up and the way down. We see it reflected...
by The BlackSummit Team | Dec 22, 2020 | Commentaries
“We have made very little progress in life by trying to outguess these macroeconomic factors. We basically have abdicated. We’re just swimming all the time, and we let the tide take care of itself…. The trouble with making all these economic pronouncements...
by The BlackSummit Team | Dec 8, 2020 | Commentaries
“Corporations get the shareholders they deserve.”...
by The BlackSummit Team | Nov 17, 2020 | Commentaries
“An investor who does not do research is like a poker player who does not look at the cards.” – Peter Lynch McCaw Cellular Communications was founded in the mid-1960s as a cable television provider who started pivoting to cellular technology in the...