The Hermit | Alejandro Yela | Substack

Modular Medical Inc. $MODD – Simplified Diabetes

Why a Hedge Fund Manager Took a $1 Salary to Force a Billion-Dollar Exit

Feb 18 • Alejandro Yela

💼 The Hermit Portfolio

02/26: Uncorrelated Returns

Portfolio Update. Record earnings, geopolitical drama, and navigating the volatility.

Mar 4 • Alejandro Yela

01/26: Navigating the Precious Metals Surge

Portfolio Update. How manufacturing expansion and energy price floors are shaping our strategy for 2026.

Feb 4 • Alejandro Yela

12/25: Why We Just Bought 1%+ of This Small-Cap

Portfolio Update. Downloadable audited returns, a new high-conviction trade, and more...

Jan 7 • Alejandro Yela

11/25: The Setup Most Investors Miss at Year-End

Portfolio Update. A Major New U.S. Core Position

Dec 3, 2025 • Alejandro Yela

10/25: How We Ended Up Collecting a Mountain of Dividends (5%+)... Without Even Trying

Portfolio Update. New Positions, Dividends and More.

Nov 4, 2025 • Alejandro Yela

💡 Pick of the Week

6x EBIT/EV, 20.7% 5-yr Rev CAGR, and 141% 2-yr ROIC

PoW (#24) Despite world-class capital efficiency and a 141% ROIC, this tech leader is trading like a legacy utility.

Feb 28 • Alejandro Yela

The 84% Margin Machine: Selling Shovels in the AI Gold Rush

PoW (#23) Why this hidden big data gem growing at 21% is a near 10/10 if it hits a 6-8x FCF valuation

Feb 21 • Alejandro Yela

Niche Luxury Brand with 20%+ EBIT margin and 30%+ ROIC

PoW (#22) While the herd flees the luxury sector, we’re circling a debt-free powerhouse with a patented gold moat and 50% upside.

Feb 14 • Alejandro Yela

15% CAGR, 10% EBIT Margins, and a 7% Dividend. All Trading at 7x Earnings

PoW (#21) 11 Years of Consistent Growth and a Sustainable 60% Dividend Payout

Feb 7 • Alejandro Yela

Join The Hermit

📈 Investment Thesis

Modular Medical Inc. $MODD – Simplified Diabetes

Why a Hedge Fund Manager Took a $1 Salary to Force a Billion-Dollar Exit

Feb 18 • Alejandro Yela

Aurora Spine Corp. $ASG – Breakthrough in Spinal Surgery

Conviction Bet on the Next Wave of Minimally Invasive Surgery

Jan 25 • Alejandro Yela

Atlas Engineered Products $AEP – Truss(t) the Process

Structurally Sound Fundamentals in a Canadian Consolidation Play

Nov 26, 2025 • Alejandro Yela

Omni-Lite Industries $OML – Manufacturing Precision Components

Inside the Making of a Multi-Division Aerospace & Defense Powerhouse

Oct 28, 2025 • Alejandro Yela

California Nanotechnologies $CNO – Advanced Materials US Monopoly

A Deep Dive into the Journey from Prototype to Production

Sep 30, 2025 • Alejandro Yela

Spartan Delta $SDE – Oil & Gas Consolidator w/ Operational Leverage

A Deep Dive into a Canadian Oil and Gas Acquisitions-Focused Player

Sep 16, 2025 • Alejandro Yela

QXO Inc. $QXO - Brad Jacobs’ Next Big Build

A Deep Dive into the Past, Present, and Future of This Bold Building Materials Consolidator

Jul 15, 2025 • Alejandro Yela

BluMetric Environmental $BLM - Wealth & Water

A Comprehensive Investment Breakdown of a Water Tech Innovator

Mar 25, 2025 • Alejandro Yela

🧗 Our Investing Journey

How Low Can It Go? Bitcoin (BTC) Unit Economics

OIJ (#43) We audited the cost structures of the lowest-cost producers to find the hard floor

Feb 11 • Alejandro Yela

2026 Outlook: 5 High-Stakes Prediction

OIJ (#42) Intellectual honesty is our only currency

Dec 31, 2025 • Alejandro Yela

How and Why We Discard 99% of Companies

OIJ (#41) Stop trying to make the math work. Start demanding a 15% yield.

Dec 17, 2025 • Alejandro Yela

Blueprint for The Perfect State

OIJ (#40) Transitioning into the Liberatarian Utopia

Nov 18, 2025 • Alejandro Yela

🎯 Priority Briefs

Aurora ($ASG) Unpacking the Debt Deal & Equity Kicker Options

Prio Brief (#4) Making Sense of the Three Debt Deal Alternatives (plus bonus information)

Feb 25 • Alejandro Yela

17:47

Aurora ($ASG) Regenerative Revenue Growth Profiles

Prio Brief (#3) Video Update | Evaluating the Platform Expansion & Aggresive High-Margin Revenue Targets

Feb 8 • Alejandro Yela

Calnano ($CNO) the Only Option for Defense and Nuclear

Prio Brief (#2) Leveraging North America’s only commercial large-scale SPS system to secure virtually guaranteed military and energy contracts

Jan 28 • Alejandro Yela

Limes ($LIK) Beyond the "Pink Castle"

Prio Brief (#1) Inside the demographic shift that shocked management, and the new roadmap to capture the luxury gap in Southern Europe

Jan 14 • Alejandro Yela

🎙️ Interviews

1:02:52

Mining Expert Talks Copper, Batteries, Tungsten, and Critical Minerals

Listen now | Adrián Godás on the "fake" shortages, African mining opportunities, and why Chinese refining dominates the supply chain

Jan 17 • Alejandro Yela

Is the Market Wrong on Warner Bros? A Joint Deep Dive w/ Yegor

Watch now (75 mins) | A recording from Alejandro Yela and Yegor's live video

Dec 24, 2025 • Alejandro Yela and Yegor

1:14:37

Full CEO Interview | 55% FCF margins | 26% ROE

PoW (#10) Laser Focused Monopoly

Nov 7, 2025 • Alejandro Yela

🎙️ Raketech - Business Model Overview w/ CEO Johan Svensson and CFO Måns Svalborn

Breaking Down Raketech’s Niche Marketing Winning Formula: Business Insights from Svensson & Svalborn

Dec 23, 2024 • Alejandro Yela

🎙️ Gismondi 1754 - Fireside Chat TRANSCRIPT, NOTES and INSIGHTS w/ Massimo Gismondi

Exclusive insights into the legacy and future of luxury jewelry

Aug 23, 2024 • Alejandro Yela

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