Kuppy comes on the show to discuss his recent activism at LEE and why he thinks the stock is dramatically undervalued. My notes on LEE: <a href='https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa2hPdUlJQzMtS2hNcmcxX0h3cXNRRVJXbGpZUXxBQ3Jtc0tsSGZYREJtNElBWDhvSzZza3N3NmM4WVlFeHFpYVlyYkhyeGVCdVVzMFZBOWdUajJYUHZjeU5tUjZoVG9ZVGtRZHBWcjM3YzVMTWpvOXZkSXgyOWFwcW1sQVZra1NBd2lCM0lnR0R6YnlSc2pqLUFuVQ&q=https%3A%2F%2Ftwitter.com%2FAndrewRangeley%2Fstatus%2F1470403307420139521%3Fs%3D20'>https://twitter.com/AndrewRangeley/st...</a> Kuppy's LEE thesis: <a href='https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbTlHNmhIVGtJSzlXemxGMkJUSGF0QXd5anJpQXxBQ3Jtc0ttams4T3lYZ1dnd1RWeVV6QjVSTE9CVkVpbWh1WUUzUVZTYjUyX1FlWDJBQmcxT3k4ZDh4eVNVa3VQcEZ1LTdRbFlQSVQ0SEZvVklGNEMwanFTSU44TEdGa0ktUG9COVItd214ZXJVbkRpQ29ERkQwSQ&q=https%3A%2F%2Fadventuresincapitalism.com%2F2021%2F12%2F10%2F18747%2F'>https://adventuresincapitalism.com/20...</a> KEDM: <a href='https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbGF4dVRhUWRBVXZsVXc0NGJvY1dBTTFfVVNYd3xBQ3Jtc0tubG1LRUV2N0V3UEhOcWR0YU4zc1lBN1JwaGM1aG5iUE9qYXVzSmE4WXdQR2gzbGRGOXJHU1hHZHB5cVRzQ0FvNjdodUtPMnRWQUpmdTZhVXhXOVBlbUV6eGdZVDZlc1VCTXlMaHRvcHR6Q0UxSjF5dw&q=https%3A%2F%2Fwww.kedm.com%2Fwhat-is-kedm%2F'>https://www.kedm.com/what-is-kedm/</a> Chapters <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=0s'>0:00</a> Intro <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=120s'>2:00</a> LEE Overview <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=475s'>7:55</a> Why does Kuppy think Alden's LEE offer is so undervalued? <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=755s'>12:35</a> Why does small town, local news offer a moat? <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=1050s'>17:30</a> Is LEE's digital growth real or is it just small base effect? <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=1220s'>20:20</a> Can the LEE team execute the growth / digital opportunity? <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=1815s'>30:15</a> Why did Berkshire sell their newspaper to LEE if the growth is so attractive? <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=2140s'>35:40</a> Is TownNews a hidden gem? <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=2400s'>40:00</a> What other levers can LEE pull to juice growth? <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=2535s'>42:15</a> Online gambling upside for newspapers <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=2670s'>44:30</a> Valuing LEE"s digital side <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=3080s'>51:20</a> Why are papers like Tribune selling if the outlook for digital is so good? <a href='https://www.youtube.com/watch?v=nCo7hfpp1BQ&t=3215s'>53:35</a> Closing thoughts

Yet Another Value Podcast

Kuppy is active on $LEE

Yet Another Value Podcast is a new podcast from Andrew Walker, the founder of yetanothervalueblog.com/. We interview top investors and dive deep into stocks and companies they are currently working on and investing in. While nothing on this channel is investing advice and everyone should do their own diligence, our goal is to frequently feature edgy and actionable value and/or event driven ideas.
Please see our legal and disclaimer at: https://yetanothervalueblog.substack.com/p/legal-and-disclaimer