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Everybody Sold the Power
A scarce, permitted gigawatt campus, marked for parts in a founder’s soap opera. A tactical long on Fermi ($FRMI) into a mid-August clock.
Jun 29
•
Nick Nemeth
41
5
1
Deep Fission (FISN): A Mile Deep, and Already Underwater
A serial shell sponsor wrapped an unproven, going-concern reactor concept in a Blue Owl logo and an “AI power” story — then handed it to retail at a…
Jun 22
•
Nick Nemeth
37
3
The Smart Money Is the Subprime This Time
Every year a new reason the exits didn’t come, and it’s never them.
Jun 19
•
Nick Nemeth
196
27
26
Everyone Bought the Shovels
Buying the AI build-out one level below the crowd. Initiating Element Solutions ($ESI).
Jun 15
•
Nick Nemeth
52
5
The Bottleneck Was Never the Finding
Everyone owns the glamorous parts of cyber. The unloved layer that actually stops breaches is mispriced.
Jun 9
•
Nick Nemeth
43
2
5
The Bezzle in the Banana Stand
Or: how a Long Island man bought a dead Nevada shell, called it an oil company, lectured me on GAAP, and accidentally caught my attention.
Jun 7
•
Nick Nemeth
44
7
3
May 2026
Creditor-on-Creditor Violence
When a leveraged borrower starts to fail, the smart money doesn't lose—it takes. Inside liability management exercises and the legal art of…
May 25
•
Nick Nemeth
56
8
3
The Put That Pays Itself
How four executive make Stepstone the cleanest alt short.
May 20
•
Nick Nemeth
37
4
2
The Only Honest Part
Confessions in Small Font from KKR
May 12
•
Nick Nemeth
32
6
2
An Open Letter to the Board of Directors of Groupon, Inc.
Why Groupon is mispriced — and what the Board should do about it in the next 120 days.
May 5
•
Nick Nemeth
56
9
1
A Chip Shot
A tired little bazaar
May 3
•
Nick Nemeth
40
2
4
April 2026
Earnings Barbell: Google and the Little Stock Who Could
One of the best quarters in recent memory, but don't forget about my little friend!
Apr 30
•
Nick Nemeth
30
3
2
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