Idea Thesaurus #32 and Important Announcements

2025 Publishing Schedule & Launch of Napkin Reports

Author

Liger Cub
December 29, 2024

Hello. I hope you’ve been enjoying your holidays so far, but now it’s time to roll up our sleeves and get back to work.

Below, you’ll find:

  • This week’s Idea Thesaurus file

  • A detailed publishing schedule for 2025

  • An introduction to Napkin Reports, a brand-new offering

What started as a side project during voluntary time off in early 2024 has since evolved into a mutually beneficial full-time job. On my end, I get to independently work on what I’d gladly do free of charge. On your end, you benefit from my dedicated efforts at a tiny fraction of the cost of hiring a full-time analyst.

As 2025 unfolds, you can look forward to continuous improvements in quality, new features, and even the potential for management access on some of my ideas.

P.S. If you haven't upgraded to premium yet, now is the perfect time to lock in at 2024 pricing.

Thanks for reading, and I hope you find this valuable.

ANNOUNCEMENT #1
2025 PUBLISHING SCHEDULE

* Potential deviations from this schedule may occur due to circumstances beyond reasonable control.

ANNOUNCEMENT #2
NAPKIN REPORTS

Published on Thursdays, except the first two of each month, BMO.

"I've felt that before people buy a stock, they should take a piece of paper and simply write […] out what their reasoning is, and they should be able to get it all on one side of one piece of paper. In fact, they should be able to get it into a paragraph."

Warren E. Buffett, October 10, 1994, A Colloquium with University of Nebraska-Lincoln Students

A good investment thesis should be concise enough to fit on the back of a napkin. Napkin Reports aim to filter ideas for further research through brief, surface-level reviews. Once an idea with a rough hypothesis is identified, the next step is to assess the researchability of the situation, the inherent attractiveness of the idea, and whether additional time should be spent on it. Napkin Reports apply this process systematically, passing 2-3 stocks per issue through a front-end screening mechanism to allocate time and capital to the best risk-adjusted ideas. Each filtering process is summarized into a single paragraph with one of four outputs: (1) highest priority, (2) proceed, (3) monitor, or (4) pass.

PREVIEW
INDEX RECONSTITUTIONS

DOWNLOAD
ALL 20+ SCREENS

Grab your Idea Thesaurus copy by clicking the "Download" button below.

Idea Thesaurus #32594.89 KB • PDF File

If you have any questions or feedback, don't hesitate to reach out via email at [email protected].

Until next time,
The Tiger’s Prey

ABOUT
WEEKLY IDEA THESAURUS ISSUES

Published every Sunday at 13:00 ET.

“Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match. You may live, but you're still an idiot.”

Joel Greenblatt, September 7, 2010, The Little Book That Still Beats the Market

Idea Thesaurus is an idea generator that aggregates 20+ high signal-to-noise ratio idea screens of U.S.-listed stocks. It serves as the initial step in a robust and repeatable fundamental investment process. While occasional opportunities may arise from various idea sourcing activities, such as reading the business press, scrolling through Fintwit, or scanning new 52wk lows, each Idea Thesaurus issue focuses on systematically and consistently monitoring the most actionable event-driven stock screens.