Litter Box Capital

Category: Funds

  • Dividends Paid in Fish

    Dividends Paid in Fish

    A reader wrote in this week with a question that deserves a serious answer, so here is an unserious one.

    Our standard approach involves a board of directors seated on the radiator, followed by a portfolio buried under a good layer of litter, followed by a brief and unexplained sprint.

    The Short Version, Told Slowly

    We asked a customer for feedback. They looked at us, blinked slowly, and left a single hair on the form.

    Naturally there was a committee. Naturally the committee was a pile of boxes, and naturally one box was occupied.

    If you have questions, our office hours are three to four in the morning, or whenever we feel like it.

  • Compound Interest on a Pile of Boxes

    Compound Interest on a Pile of Boxes

    Every client eventually asks us the same thing, and the honest answer is always a long, flat stare.

    Our team did a careful study. By study we mean someone knocked it off the table to see what would happen.

    The Short Version, Told Slowly

    We asked a customer for feedback. They looked at us, blinked slowly, and left a single hair on the form.

    The old guard prefers a board of directors seated on the radiator. The new guard prefers whatever is on the other side of the door.

    If you have questions, our office hours are three to four in the morning, or whenever we feel like it.

  • Bull Markets and the Bulls-Eye Laser Dot

    Bull Markets and the Bulls-Eye Laser Dot

    Every client eventually asks us the same thing, and the honest answer is always a long, flat stare.

    Naturally there was a committee. Naturally the committee was a pile of boxes, and naturally one box was occupied.

    The Short Version, Told Slowly

    Our team did a careful study. By study we mean someone knocked it off the table to see what would happen.

    We asked a customer for feedback. They looked at us, blinked slowly, and left a single hair on the form.

    That is all for now. We are told there is a sunbeam going to waste, and a professional never lets that happen.