Slackline Capital

Independent Equity Research

Two portfolios, benchmarked and backed by a formal investing process
Slackline Growth+5.30%
since inception · vs S&P 500 +3.15% · α +2.15%
Slackline Value+3.38%
since inception · vs Russell 1000 Value +4.45% · α -1.08%
Featured thesisLongJul 7
Itron Meaningfully Undervalued Assuming Software Mix-Shift
DCF section, preview of full itron investment memo
By Troy Slack · 8 min read · ITRI
From the Spokesman
Washington AG challenges Avista's proposed 25% electrical rate hike over four years
By Troy Slack · The Spokesman-Review · June 23, 2026
Read at spokesman.com
Returnsas of Jul 17, 2026
-8%-4%0%4%
Month-end (Jun)Since inception
Month-end (Jun)Since inception
Slackline GrowthSlackline Value

Why Slackline Exists

Investors with an online presence love to act like the modern-day Warren Buffett. Investing gurus online post their stock picks on Instagram, telling you not to miss out on one opportunity or the next. I hope I'm different. While I aim to beat the market, I recognize that over the long-term, its largely unattainable, and I will likely be outperformed by my benchmarks. Slackline exists as a record of my own personal growth, and maybe some researched and insightful equity insight.

I'm Troy, and I enjoy doing equity research on publicly traded companies. As a business journalist at The Spokesman-Review, I used the same analysis that drives my valuations to explain a live utility rate case to a newspaper's readers.

Slackline is my independent equity research publication: two real-money portfolios, growth and value, are benchmarked and run on formal Investment Policy Statements modeled on the CFA Institute framework. My positions are backed by a full written thesis, valuation work, and a writing structure and style that strives to match the quality of professional equity research.

Latest Research

CLXP/L +0.0%
Consumer Defensive · Jun 13
BSXP/L -23.8%
Healthcare · Jun 11
BRP/L +1.2%
Financial Technology · Jun 11
Clorox maintains strong business quality with a wide economic moat
Read ThesisLong · CLX · Jun 13 · 3 min
We believe the market is discounting the stock unfairly
Read ThesisLong · BSX · Jun 11 · 5 min
-38.77% YTD drop buffered by wide economic moat, upped guidance
Read ThesisLong · BR · Jun 11 · 5 min

Fresh Off
The Book

The latest positions closed,
with the reasoning behind each sale
View Full Track Record
AJG
+24.3%
exited Jul 7
Why I Sold
ORCL
+45.8%
exited Jun 2
Why I Sold
WDAY
+21.2%
exited Jun 2
Why I Sold

More Research

22 theses published since May 2026
LongJun 10
Homes.com Wont Overshadow CoStar Forever
Real Estate · CSGP · 4 min
LongJun 8
Monolithic Asset Base to Subvert BAC Headwinds
Financials · BAC · 3 min
LongJun 4
AMT Diversified Wireless Network To Support Retruns
AMT · 3 min
LongJun 4
Market Sentiment Around AI Creates Discount for AJG
Financial Services · AJG · 3 min
LongJun 4
Booking Holding's Integrated Travel Solutions are its Greatest Moat Source
Consumer Discretionary · BKNG · 4 min
LongMay 21
Apple’s Wide Moats to Support Long Term Quality Growth
Tech · AAPL · 7 min
May 15
Workday Undervalued, AI Erosion Subverted by Strong FCF
WDAY · 5 min
LongMay 12
GOOG to be Propelled Forward by AI Revenues, Google Services
Tech · GOOG · 6 min
View All Theses

Slackline Capital is a personal research project, not a registered investment adviser. Holdings, performance, and written theses are published for transparency and self-accountability. Nothing here is investment advice or a solicitation. Returns are time-weighted, net of modeled costs, since inception May 1, 2026.