Archive - Capitalist Letters

How To Think About Moats in The 21st Century?

In today's economy, slight competitive advantages can function like giant moats in some cases. These are where the the most asymmetric opportunities…

Dec 24 • Oguz Erkan

AI Energy Trade: Thematic Investment Thesis and Top 20 Stocks

Energy is the real bottleneck for scaling AI and these 20 companies are well positioned to be the category winners.

Dec 21 • Oguz Erkan

Ultimate Watchlist of 50 High-Potential Stocks for 2026!

If any stock will mint millionaires in 2026, it's likely in this list.

Dec 14 • Oguz Erkan

How To Be A Value Investor In The 21st Century?

Grahamian value investing don't work anymore, Buffettology works but the alpha is limited; so, what to do instead?

Dec 10 • Oguz Erkan

The Inevitable AI Bubble

AI bubble is inevitable, losing money is not.

Dec 7 • Oguz Erkan

Terry Smith And The Big ROCE Fallacy

Why high return on capital isn't the key to high investment performance.

Dec 3 • Oguz Erkan

November 2025

Finishing November: Our Portfolio Outperforms S&P 500 by 30%, Here Is What We Own!

Our portfolio is now up 46% year-to-date against 16% of S&P 500. Here is our updated portfolio.

Nov 30 • Oguz Erkan

Oscar Health Revisited: A 10-Bagger In Making Or Doomed To Fail?

An asymmetric opportunity with substantial risks.

Nov 26 • Oguz Erkan

5 Stocks I'll Be Buying If The Market Pullback Continues

We are investors, we don't raise cash to sit on it and feel happy when the market is crashing. We raise cash to buy bargains when everybody sells into a…

Nov 23 • Oguz Erkan

🚨Trade Alert 13: Exiting Two Positions, and Increasing One Position

Growing the cash position while also capitalizing on a no-brainer opportunity.

Nov 19 • Oguz Erkan

How To Survive A Market Crash

No bullshit guide.

Nov 16 • Oguz Erkan

🚨Trade Alert 12: Exiting Three Positions, Increasing Two Positions

Making 5 new trades to position the portfolio for sustained outperformance while growing the cash buffer against a potential market correction.

Nov 12 • Oguz Erkan

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