SLM

1. October 2026 1 entry
   Oct 16, 2026

   Substack · nobrainerinvestments · Calvin Blissett

   Sallie Mae (SLM) 5.8x OE, Uber Cannibal (50% bought back since 2021), Outsider CEO, double digit EPS growth for years, 30% ROE. TAM just exploded. Franchise business model as a bank. 2.4% dividend

   Beautiful historical parallel to Peter Lynch’s best investment ever, Fannie Mae a 6 bagger

   SLMUBER5,444 words

   Since publication SLM −10.0% α −10.3 pp vs S&P 500 · USD

Prices as of the Oct 27, 2026 close. Past performance does not guarantee future results. Price-only, excluding dividends, in local currency. Data may be delayed or inaccurate. Not investment advice. How it is calculated.