One of my main themes is to identify super smart people and then piggy back on their good ideas.
One of these smart guys is hedge fund manager Harris “Kuppy” Kupperman.
Kuppy writes a blog entitled “Adventures in Capitalism”.
One of his recent ideas is clean product tankers. Specifically Scorpio Tankers which I beleive is one of his largest positions. He talks about shipping in this article from back in February.
He was also recently interviewed on the “Market Huddle” podcast and went through the whole shipping/clean tanker thesis.
The reason I am bringing this up is because I am also bullish on various shipping companies in the “Actionable Intelligence Alert” newsletter. I do not own Scorpio Tankers in the newsletter but I do own it in my personal portfolio. The reason I am bringing this up is because it looks like this stock is breaking out.
The nice thing about these type of stocks is that when they go on a run they really can run. In the past these things have doubled and tripled quickly. I own shares in Scorpio Tankers.