A good idea takes time, and I am still mulling over what to do with a bearish Caterpillar investment that is…frustrating…at present.
I will post a new Tear Sheet and guidance for readers who may have, like me, invested in the bearish Caterpillar strategy in the next few days, but for now, I’ll just post the updated copy of the Caterpillar model.
Feel free to tear it apart and tell me where I’m wrong! For a bit of background, I did a full Guided Tear Sheet on the company and have written extensively about it in the past.
Here’s the model: