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Stone Street Advisors provides flexible, independent customized research & analysis services for small and medium sized asset management firms - allowing them to compete effectively with much larger funds with significantly greater resources.

Viewpoints

Latest posts from the Stone Street Team via our Public Blog

P/E Ratios - You're Doing it Wrong

the-analyst Jordan S. Terry

All-too-often traders and investors who should know better throw around comparisons and analysis using P/E ratios, without much (if any) thought being paid to the fundamental determinants thereof. Here, we explain how analyzing these determinants - free cash flow to equity, equity cost of capital, and the long-term growth rate - provides analysts and investors much-needed context to render P/E comparisons and analysis useful and actionable.

Rainbow Connection

dutch_book Dutch_Book

On the Perils of Management Access & Straying From Process: Our Adventure With Jones Soda

the-analyst Jordan S. Terry

We were initially skeptical about Jones Soda, but after meeting with management, we were left with a decidedly different, opposite impression. A few weeks later, we realized we hadn't taken management's comments with the requisite grain of salt they deserve. Here, we discuss how we allowed ourselves to be misled, what we've learned, and what we think about the company today.

Stone Street Advisors LLC Seeks Equity Research Interns

the-analyst Jordan S. Terry

We are hiring interns for the Spring/summer semester.

Overstock.com: An Opportunity Begging For an Activist With 10x Upside Potential

the-analyst Jordan S. Terry

Long forgotten by Wall Street, we believe Overstock.com (OSTK) represents an attractive opportunity for the tenacious, operations-focused activist. Even despite the myriad risks - namely CEO Patrick Byrne - OSTK should deliver a 200%+ return over the next few years as it rides the shift in consumer preference towards online shopping, particularly for homegoods.