ByteTree Research

ByteTree Research

Home
Notes
BOLD Strategy
BITCOIN
GOLD
Venture
Weekly Roundup
About

Weekly Roundup

ByteTree Quarterly Investor Letter - Q3 2025
In this Q3 2025 update, I shall review the model portfolios, named Whisky and Soda, which I have been managing since February 2016. I shall also touch…
 • 
ByteTree
When Hope Isn’t a Strategy: Preparing for Phase Two of Inflation
One of the mysteries of this equity bull market is its drivers. The consumer is weak, wages are softening, house prices have peaked, industrial demand…
 • 
ByteTree
ByteTree Quarterly Investor Letter - Q2 2025
In this Q2 2025 update, we review the performance of our model portfolios in The Multi-Asset Investor and our special situations service, Venture. I…
 • 
ByteTree
The Multi-Asset Investor: Q1 2025 Performance Review
As a matter of record, I publish performance data for the two portfolios in the Multi-Asset Investor, Whisky and Soda, for Q1 2025.
 • 
ByteTree
ByteTree Track Records in 2024
It has been another interesting year. ByteTree Founder, Charlie Morris, goes through each ByteTree portfolio and provide a performance overview.
 • 
ByteTree
Value Investing: Introducing Cash Flow
Following on from book value, I move on to cash flow (CF), free cash flow (FCF), and free cash flow yield (FCF yield).
 • 
ByteTree
Value Investing: Introducing Book Value
We explore how to use book value (BV), the price-to-book ratio (PBK) and book value per share (BVPS) in value investing.
 • 
ByteTree
Value Investing: Introducing Enterprise Value
The Enterprise Value-to-Sales is an enhancement to the Price-to-Sales Ratio, as EVS provides more information than PSR, so I prefer it.
 • 
ByteTree
Value Investing – The Pepsi Challenge
The price to sales ratio (PSR) for demonstrates how a stable company with similar products over the years has seen the valuation range between...
 • 
ByteTree
Value Investing – The Story of Coca-Cola
I outline the importance of value investing through the lens of the Coca-Cola (KO) share price since the 1960s.
 • 
ByteTree
My Journey in Finance: My Global Trend Fund
I reveal my experience in running a global equity momentum fund during what later turned out to be the worst period for momo investing on record.
 • 
ByteTree
2
My Journey in Finance: The Momentum Crash
This is a fabulous time to buy the past losers, as The Multi-Asset Investor clients have experienced several times.
 • 
ByteTree
1
© 2025 ByteTree
Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture