Hub

Field notes from the desk.

Long-form essays on value investing, AI-driven research, the four investor lenses, and how to read a 10-K. Updated whenever we have something worth saying.

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Beginner

SCHD: Is the Schwab Dividend ETF Still a Buy in 2026? (Honest Read)

$94 billion in assets, 0.06% expense ratio, 3.26% yield, 13.2% annualised return since 2011 inception. The boring honest answer on whether SCHD belongs in your portfolio in 2026 — and where it does not.

SCHD is the Schwab US Dividend Equity ETF. $94B AUM, 0.06% expense, 3.26% yield, 13.2% annualised return since 2011. Here is what the methodology actually does, what changed in March 2026, and where SCHD fits.

13 min · 4 Jun 2026

Beginner

ULTY Dividend History: 111% Yield, 2% Annual Return, 1-for-10 Reverse Split

ULTY dividend history shows an advertised 111% yield but a 2.15% annual return since inception. The fund did a 1-for-10 reverse split on December 1, 2025. Here is what holders actually own.

12 min · 4 Jun

Beginner

How to Buy Waymo Stock in 2026 (The Honest Answer)

Waymo stock does not exist as a standalone listing. The company is a subsidiary of Alphabet, last valued at $126 billion in February 2026. Here is what to buy instead — and what the math actually says about that price.

13 min · 4 Jun

Beginner

MSTY Dividend History: 269% Yield, -56% Total Return (The Honest Math)

MSTY dividend history shows a 269% advertised yield but a -56.73% trailing 12-month total return. Here is the exact distribution log, what is wrong with the headline yield, and the only situation where MSTY is the right tool.

11 min · 4 Jun

Beginner

VOO vs VTI: Which Should You Actually Buy? (Honest 2026 Comparison)

VOO vs VTI: same expense ratio, near-identical top holdings, 99% correlated returns. Pick one. Here is which one Buffett would pick, and why.

12 min · 4 Jun

Beginner

SpaceX Latest Valuation 2026: $1.77 Trillion and the June 12 IPO

SpaceX latest valuation 2026 is $1.77 trillion at $135 per share. Nasdaq listing June 12. Here is the trajectory, the Starlink revenue that built it, and the cleanest retail routes in.

12 min · 4 Jun

Beginner

Best Stocks for Beginners With Little Money in 2026 (The Boring, Honest Answer)

The best stocks for beginners with little money are not stocks at all to start with — they are three specific low-cost ETFs and one Buffett-approved holding company, in that order. Here is exactly what to buy and how.

15 min · 4 Jun

Beginner

Anthropic Valuation: $965 Billion, Explained in Plain English

Anthropic valuation hit $965 billion in May 2026 on $47 billion of run-rate revenue. The exact tally, who owns what, and the cleanest way to get retail exposure before the IPO.

14 min · 4 Jun

Buffett

Why Warren Buffett Sells Bank Stocks (And What He's Buying Instead)

Warren Buffett sells bank stocks for boring reasons — valuation, interest rates, and tax timing. Here is the exact tally and what retail investors should do.

12 min · 4 Jun

Beginner

Why Is Tesla Stock Going Down? The Honest Answer

Why is Tesla stock going down? The five real reasons any stock drops, which apply to Tesla, and what retail investors should actually do.

10 min · 31 May

Beginner

Does Tesla Pay Dividends? The Honest Answer (and Why)

Does Tesla pay dividends? The short answer, why Tesla doesn't, what the company does with cash instead, and what it means for a retail investor.

8 min · 31 May

Beginner

What Is a Good P/E Ratio? A Beginner's Plain-English Guide

What is a good P/E ratio? Plain-English answer with concrete thresholds by sector, the traps to avoid, and worked examples from real stocks.

9 min · 31 May

Beginner

Is Tesla Overvalued in 2026? The Simple Answer, Explained

Is Tesla overvalued in 2026? A plain-English answer, the simple math behind it, and what would have to be true for $435 to be a fair price.

8 min · 31 May

Beginner

Is Tesla Stock a Buy in 2026? A Working Investor's Take

Is Tesla stock a buy in 2026? The five-question framework run on Tesla's FY2025 10-K, the bull/bear case, and an honest verdict at $435 a share.

9 min · 31 May

Beginner

How to Read Stock Charts: A Beginner's Plain-English Guide

How to read stock charts in plain English — the four basics, what charts can tell you, what they can't, and how to actually use one as a beginner.

9 min · 31 May

Beginner

Why Is Nvidia Stock Going Down? The Honest Answer

Why is Nvidia stock going down? The five real reasons any stock drops, which ones apply to Nvidia, and what to actually do as a retail investor.

8 min · 31 May

Beginner

Is Nvidia Overvalued in 2026? The Simple Answer, Explained

Is Nvidia overvalued in 2026? A plain-English answer, the simple math behind it, and what would have to be true for $211 to be a fair price.

8 min · 31 May

Beginner

Is NVDA Stock a Buy in 2026? A Working Investor's Take

Is NVDA stock a buy in 2026? The five-question framework run on Nvidia's FY2026 10-K, the bull/bear case, and an honest verdict at $211.

9 min · 31 May

Beginner

Is Nike Stock a Buy in 2026? A Working Investor's Take

Is Nike stock a buy in 2026? The five-question framework run on Nike's FY2025 10-K, the bull/bear case, and an honest verdict at $46.

8 min · 30 May

Beginner

How to Know If a Stock Is a Good Buy: A Working Checklist

How to know if a stock is a good buy — the five-question checklist with concrete thresholds, and a worked Starbucks FY2025 example you can verify.

15 min · 30 May

Beginner

How to Research a Stock Before Buying: A Working Guide

How to research a stock before buying — the 7-step workflow, the concrete numbers to look for at each step, and a worked Nike FY2025 example.

16 min · 30 May

Beginner

How to Find Undervalued Stocks (Plain-English Guide With Example)

How to find undervalued stocks without a finance degree — the five signals that work, the traps to avoid, and a worked McDonald's FY2025 example.

12 min · 30 May

DCF

DCF Valuation: A Working Investor's Step-by-Step Guide

DCF valuation explained step by step — the two-stage model, the inputs that matter, and a worked Costco FY2025 example you can rebuild.

10 min · 30 May

Buffett

Economic Moat: Buffett's Five Types and How to Spot One

What an economic moat actually is, the five types that exist, and how to verify a real one from the financial statements — with Visa as a worked example.

11 min · 30 May

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