ContraireBear

  Progressive Leasing: A juggernaut hiding in plain sight Aaron’s holding company is masking the extremely cash-generative, third-party leasing business Progressive has strong margins with operational leverage and generates significantly more cash from operations than earnings Clear catalyst in sight - spinoff will unlock significant upside and multibagger potential depending on valuation of legacy brick-and-mortar business Operational leverage cuts both ways and growth limited by capital in business (financial business)  Aaron’s is planning a spin-off of its third-party leasing business, Progressive Leasing, which has surpassed the traditional brick-and-mortar business in growth and quality. Aaron’s retail footprint classically relies  on locations to lure customers and transact by providing “rent-to-own” options to households with poor or no credit. Progressive Leasing scales the economics of rent-to-own across third-party internet reta

Root: A Worse Mousetrap ·          Root is new Insurance technology company with quick growth and worrying fundamentals ·          Pricing model based solely on telematics will lose in low-end, highly competitive Property and Casualty market ·          Probable long-term premium price increases based on poor risk pool pricing and customer churn lead to poor operating results ·          Insider lock up expiration for ¾ outstanding shares will be race to “cash-in” at wild valuation – avoid, or better, front run insiders to exit by selling short Root insurance was founded by Alex Timm and Dan Manges, and received significant VC investment interests due to its rapid premium growth and insatiable thirst for capital. As with many companies in hyper-growth mode, Root needed capital to gain scale and ultimately become profitable. Under the surface, the real need for capital was to show impressive premium growth and feed narrative of changing insurance for the better. This false narra