Public REIT M&A: The Window Is Reopening StrategiesTim Travis' Commentary 2026-05-16 Public REIT M&A: The Window Is Reopening Public REITs are trading at the kind of NAV discounts that have historically pulled in… Tim Travis Love0
Business Development Companies: Deep Discounts to NAV Where the Math Already Survives a 2008 Stress Test StrategiesTim Travis' Commentary 2026-05-16 Business Development Companies: Deep Discounts to NAV Where the Math Already Survives a 2008 Stress Test Many BDCs are trading at meaningful discounts to net asset value with double-digit dividend yields… Tim Travis Love0
Mortgage Insurance: Buying Discounts to Book Value, Selling Above It StrategiesTim Travis' Commentary 2026-05-16 Mortgage Insurance: Buying Discounts to Book Value, Selling Above It During COVID we built positions in mortgage insurers when they traded at significant discounts to… Tim Travis Love0
Our Covered-Call Income Overlay — What It Is and Why We Use It StrategiesTim Travis' Commentary 2026-05-15 Our Covered-Call Income Overlay — What It Is and Why We Use It On top of the value stocks we own, we sell options to generate income. The… Tim Travis Love0
Why We Look at Free Cash Flow Over Earnings StrategiesTim Travis' Commentary 2026-05-15 Why We Look at Free Cash Flow Over Earnings Earnings are an opinion. Cash is a fact. Why TTCM underwrites businesses on free cash… Tim Travis Love0
What We Mean by Margin of Safety StrategiesTim Travis' Commentary 2026-05-15 What We Mean by Margin of Safety Tl;dr. Margin of safety isn't a number — it's the discipline of paying enough below… Tim Travis Love0
BDCs and the Golden Opportunity: Why the Panic Is Overblown Fixed IncomePerspectivesTim Travis' Commentary 2026-04-14 BDCs and the Golden Opportunity: Why the Panic Is Overblown Why the current BDC selloff is far milder than 2008, why first-lien loan portfolios with… Tim Travis Love0
Markets Enter Correction Territory — Why We’re Accumulating, Not Selling PerspectivesTim Travis' Commentary 2026-03-27 Markets Enter Correction Territory — Why We’re Accumulating, Not Selling Equity markets have entered correction territory on Middle East conflict, a ~50% oil spike, and… Tim Travis Love0
Digging Into Fundamentals on Blue Owl (OWL) and Commentary From Blackstone Fixed IncomePerspectivesTim Travis' Commentary 2026-03-11 Digging Into Fundamentals on Blue Owl (OWL) and Commentary From Blackstone Headlines on private credit sound like another 2023-style banking panic, but the numbers at Blue… Tim Travis Love0
Blue Owl Technology (OTF): A 67% Discount to NAV and a 12%+ Dividend Fixed IncomePerspectivesTim Travis' Commentary 2026-02-22 Blue Owl Technology (OTF): A 67% Discount to NAV and a 12%+ Dividend Equity markets are pricing extreme fear into software-adjacent BDCs. Our new research report on Blue… Tim Travis Love0