Research from Superfluous Value, Superfluous Value

Superfluous Value

Stock selection has rarely been as important as it is today. After a roaring decade for US markets and with signs of mania everywhere, the S&P 500 as over-priced as it has ever been.

But, there is better way. Superfluous Value is a contrarian, deep-dive into the markets forgotten by the 60/40 instos and indexing, momentum chasers. Where the hot money has long moved on, it leaves behind investments offering great safety and prospective returns.

I believe the 2020s will look diametrically opposite to the recent past, with Emerging Markets, the UK, Japan and commodities set to rip and I intend to be holding the best opportunities available as they do.

Please feel free to come along on the journey.

Research from Superfluous Value

Contrarian Deep-Dive into the Markets

Equity Bottom-Up

Cia Brasileira de Distribuicao / Equity Bottom-Up

<ul><li>I recently made my first purchase for the year, buying a core position in Brazilian holdco Companhia Brasileira de Distribuição (CBD:NYSE).</li><li>I believe it has merely been caught up in the general market/SIVB sell-off and the price being offered is too good to pass up.</li><li>CBD is engaged in supermarket/retailing operations and is controlled by the French giant Casino, with 41% ownership.</li></ul>

I recently made my first purchase for the year, buying a core position in Brazilian holdco Companhia Brasileira de Distribuição (CBD:NYSE).I believe it has merely been caught up in the general market/SIVB sell-off and the price being offered is too good to pass up.CBD is engaged in supermarket/retailing operations and is controlled by the French giant Casino, with 41% ownership.

CBD - When The Catalyst Is Slapping You in the Face