Alerts are basically an initiation piece, providing an in-depth analysis of the fundamentals surrounding a company and its industry, the qualitative issues or catalysts, and valuation (absolute, relative to peers, and relative to itself over time). We aim to issue close to 15 ideas per year in the US, about 10 European shorts, and 8+ APAC shorts. We primarily cover companies in Consumer, Industrial, Materials, and TMT sectors.  Our analysis can include any of the following: review of transcripts and filings of the individual equity and any of its public customers, competitors, and suppliers; contacting PE firms that own an investment in the same space and any other public or private customers, competitors, and suppliers; industry trends; foot and web traffic data; corporate governance data; assessment of management and the business or business model and competitive landscape; visiting stores and on-line product and price comparisons; evaluation of the large holders and insider stock transactions; quality of earnings or forensic accounting analysis; and valuation work.

Our US product is focused on uncovering alpha-generating ideas inside the U.S. markets. Our target market cap exceeds $1bn, with AD$V > $10mn.  The actual median for market cap and AD$V has been multiples of these targets.  These criteria create a universe of over 1,000 stocks.

Our European product is focused on uncovering alpha-generating ideas, primarily in Western Europe. Our target market cap also exceeds $1bn, with AD$V > $5mn.  The actual median for market cap and AD$V has been multiples of these targets.  These criteria create a universe of over 400 stocks.

Our APAC product is focused on investment ideas listed primarily in Japan, Hong Kong, and Australia.  Our target market cap exceeds $1bn, with AD$V > $10mn.  The actual median for market cap and AD$V has been multiples of these targets.  These criteria create a universe of over 400 stocks.