Archive - BlackBull Research

Memo #8: The one busy shop not in the mall; why Brown-Forman is still good

And the cult of passive indexing

Published on Elevation Capital Research • May 12

Why is a shiny block of metal so popular?

Why I prefer equities all day every day

May 8 •

BlackBull Research

April 2025

Auto loans are bad; but earnings are good

The state of the US right now

Apr 30 •

BlackBull Research

Have you heard the one about the oil prospector...

Or: what I've been thinking about this weekend

Apr 21 •

BlackBull Research

Memo #1: LVMH, Champagne problems, and Coachella

Champagne fizzed but Cognac did not

Published on Elevation Capital Research • Apr 15

I am part of a fund manager now!

Announcing an investment into Elevation Capital

Apr 14 •

BlackBull Research

Tariffs, but like a supermarket

Why you shouldn't panic

Apr 8 •

BlackBull Research

Well, here's Stagflation and a whole lot of tariffs

Apr 3 •

BlackBull Research

Serato (and the whole Tiny thing); Kering just keeps getting cheaper

And a little digression on the curse of the next Buffett

Apr 2 •

BlackBull Research

March 2025

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