Examples: buybacks, tenders, asset sales, liquidations, relistings, or credible turnarounds.
Published: 2026-02-14
Catalysts accelerate value realization. In net-nets, common ones include: cash tenders, asset sales above book, strategic reviews, relisting efforts, and insider-led restructurings.
“To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks.” — Benjamin Graham
Use with:
- Short-interest and volume spikes to gauge market expectations.
- Share-count trends to ensure the catalyst is not offset by dilution.
- Position sizing rules that account for timing uncertainty.