PiggyBack

PiggyBack

Home
PiggyBack Letter (PBL)
Recommendations
Inquiries
Archive
About

August 2022

Beware Of Undercurrents (PiggyBack August 2022 Market Comment)
The stock market's surface lays still after a summer recovery rally. So things are rosy? Not really. Long-term investors face fundamental undercurrent…
 • 
Johan Eklund, CFA
An Original PiggyBack Investor
Robert Heilbrunn went from client and student to investment research associate of Benjamin Graham. In time, Heilbrunn found his edge in piggybacking on…
 • 
Johan Eklund, CFA
2
Media, Commentary, Interview Requests
How and when to get in touch with PiggyBack.
 • 
Johan Eklund, CFA
Partner with PiggyBack
PiggyBack will gladly consider promotions from advertisers who want to support our free edition weekly newsletter.
 • 
Johan Eklund, CFA
Investing Newsletters
PiggyBack's Newsletter Recommendations. Most cover investing niches. Many cover more or less related aspects of the world that we find interesting. All…
 • 
Johan Eklund, CFA

July 2022

June 2022

Buffett's Inflation Bet With The House(s)
Two summers ago Berkshire Hathaway bought century-old Japanese conglomerates. Warren Buffett got a good deal on inflation-protection. (PBL #3 2022)
 • 
Johan Eklund, CFA
Shades of Value
An intro to fundamental equity metrics and common definitions in value investing. How well is the accounting grounded in reality? And when are we…
 • 
Johan Eklund, CFA
Below Book - Part 2: Screening Cheap
The easiest way to short-list asset discount stocks? Screen. Here is a global June 2022 bargain bin tour. Plus: An Oracle just bought the deepest asset…
 • 
Johan Eklund, CFA
Below Book - Part 1: Pull To Average
Down is not out when buying stocks below book value. Value investors have learned not to underestimate the pull to average. (PBL #1 2022)
 • 
Johan Eklund, CFA
© 2025 Intrinsic Value AB
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture