🦕 The Dinosaur

Issue 12

Old-Fashioned Stock-Picking for Modern Markets

May 13, 2026

From the Editor

PLEASE NOTE: 

1. Any discussions or information shared in this conversation about stocks or potential trades are for informational purposes only and should not be construed as investment advice.
2. Before making investment decisions, individuals are responsible for their own research and consulting with a qualified financial advisor.
3. We, or our affiliates, may have positions in the stocks mentioned, potentially influencing our opinion.
4. You should not buy equities unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.

Every day, I get the same phone calls. Friends’ sons and sons’ friends call me up asking if they should launch a hedge fund. Just because they made 30% on TEVA Pharmaceuticals or Micron Technologies. I just can’t be sure if this signifies the end nearing or a new beginning, but personally I’m leaning toward the former.

Meanwhile, my own eldest son, who happens to be about to finish law school, has been throwing 3-4 stocks at me every other day for the past several months. I initially pooh-poohed most of the picks as “flavor of the day” stuff. I pushed him to deep-value investing and he shifted his approach, began doing deep real research dives, and the results have been spectacular.

His picks included the now famous Sivers Semiconductors (Sweden) before it went up 10x, LPKF Laser & Electronics (Germany) before it went up 4x, Penguin Solutions (PENG-U.S.) at $18 before it went up 2.5x, ams-OSRAM (Switzerland) before it went up 2x, and a handful of highly-pedigreed dividend payers from Japan (mostly) that are all important suppliers of critical materials to chemical, construction, and semiconductor industries worldwide. In no particular order: AGC Inc. (Japan), Kontron (Austria/Germany), Tosoh (Japan),  Hamamatsu Photonics (Japan), and Tokuyama (Japan). Do a little homework and compare their valuations to the high-flying tech stocks dominating the headlines today.

In Closing

*The Dinosaur* doesn’t roar, it rumbles quietly, patiently, confidently. When the tide turns—as it always does—those who held to discipline, valuation, and patience will be well rewarded.

Until next time,

—The Editor