This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive.

Richard Howe joins the Hive for the second time! It's our first guest with a second appearance and we're stoked to bring you this conversation. 

This episode is IDEA HEAVY and features 5-6 new spin-off ideas for you to research, study and add to your watchlist. Rich dives deep into the following spin-offs: 

• Otis Worldwide (OTIS)
• Carrier (CARR)
• Ecolab (ECL)
• Madison Square Garden Entertainment (MSGE)
• IAC/Interactive (IAC)
• Match Group (MTCH)
• Kontoor Brands (KTB)
• Howmet Aerospace (HWM)

We also discuss shorting micro-cap stocks, Rich's friends asking for stock gambles and how Rich finds interesting, low-risk arbitrage situations in the markets. 

Here's the show outline: 

• 3:25 - Recent Spin-offs (MSGE, OTIS, CARR, ECO)
• 5:14 - MSGE Bull Thesis
• 11:24 - How To Capitalize Lease Payments
• 17:40 - MSGE Pre-Mortum
• 22:03 - Otis Worldwide (OTIS)
• 24:25 - Carrier (CARR)
• 30:00 - Normalizing Cyclical Earnings
• 34:35 - Ecolab Spin-off Arbitrage
• 45:54 - Howmet Aerospace (HWM)
• 52:30 - IAC/Interactive & Match Group (MTCH)
• 68:11 - Front-Running an ETF with Kontoor Brands (KTB)
• 76:10 - Shorting Micro-Cap Stocks (ZOOM)
• 83: 45 - Position-Sizing Shorts
• 88:25 - When Your Friends Ask For Stock Gambles
• 91:00 - Closing Questions

As always, thanks so much for listening! If you like what we're doing, please subscribe and leave a rating and review wherever you're listening. It goes a long way. 

If you're interested in Rich's premium service, click here and use the code "Macroops" for a 25% discount. Make sure to follow Rich on Twitter @Stockspinoffss