I'm Eric Camhis — Saby Errikos Camhis is my full name — and I write Axia Research as a public, running record of how I think about markets: where the price and the value seem to have come apart, why I think they'll come back together, and what I actually did about it.
I'm currently pursuing the MS in Accounting and Fundamental Analysis (MSAFA) at Columbia Business School. Value investing is what pulled me into markets in the first place — buying with a margin of safety, and looking for good businesses that have fallen out of favor in sectors the market has temporarily given up on. This site is where I put that in public: my own ideas, other people's ideas I want to build on or push back against, and running notes on specific stocks, industries, and market conditions as they develop.
It's also meant to be an exercise in accountability. Writing a thesis down and dating it means I can come back to it later, see where I was right, where I was wrong, and why — and get better at the process itself, not just at picking winners.
The name comes from axia (ἀξία), the Greek word for value or worth. That's the thread across everything here — a bias toward situations where the market's price for something has drifted from what it's actually worth, usually because a sector has been dislocated by a scare, a cycle, or plain neglect, and the case rests on that gap closing over time.
What you'll find here
- Theses — full-length investment cases: the setup, the variant view, and the margin of safety.
- Quick Takes — short reactions to earnings, news, and market moves, written close to real time.
- Portfolio Updates — position changes and sizing, so the record includes what I actually did, not just what I said.
The obvious disclaimer
Everything on this site is a personal opinion, not investment advice. I write about positions I may hold, may have held, or may be considering — always assume a conflict of interest, do your own research, and talk to a licensed advisor before acting on anything you read here.