LongMRXApr 2026
Marex
Marex is a structural beneficiary of elevated commodity volatility and trading volumes. The company is taking market share, growing revenues, and is expected to earn well in…
Praetorian Capital
5 published ideas
Ideas from Praetorian Capital
LongApr 2026
Emerging Markets Basket
Emerging markets are inexpensive and are poised to benefit from a weakening US Dollar. A weak dollar policy, which may be implemented by the Trump Administration, would be a boon…
LongApr 2026
Precious Metals Basket
Precious metals are expected to perform well in an inflationary environment marked by a loss of faith in central banks. The fund holds positions in two non-mining companies that…
LongJOEApr 2026
St. Joe
JOE owns 165,000 acres in the Florida Panhandle and is set to benefit from a major population migration away from large cities. The company is expected to experience rapid…
LongApr 2026
Refiners Basket
The refining sector is positioned for high returns due to a tight market caused by underinvestment, refinery shutdowns, and reduced Chinese exports. If global economic growth or…
Letters covered
- Q1 2026 Investor LetterApril 22, 2026
Source PDFs are not republished here; only extracted ideas and quotes.