⁠Librarian Capital
Amazon 24Q2 AWS Net Sales +19% y/y to $26.3bn
$9.33bn EBIT implies 35.5% margin

So $AMZN AWS grew less than Big 3 peers

$MSFT Azure & Other Cloud Services sales +29% y/y

$GOOG Google Cloud revenues +29% to $10.3bn in Q2
EBIT nearly tripled ($1.17bn) but still just 11.3% margin https://t.co/MJ0HK9BTnC
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⁠Hidden Value Gems
Quote of the day #56

#CapitalAllocation #Investing #Stocks https://t.co/ygl7JDBWM6
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⁠Bamboo
Patience, diversification, and regular investing are the keys to building lasting wealth.

What are some long term goals you’re investing for? https://t.co/ZfzCg2QrgF
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⁠Hidden Value Gems
RT @HiddenValueGems: An interesting take on the economics of Olympic games 🥇by @azimbalitw at @joincolossus.

Here are my takeaways 🧵👇

1️⃣The price: The Paris 2024 Olympics is expected to cost $9B, which is an “improvement” over previous games. The 2020 Tokyo Olympics cost $35B, and the 2014 Sochi Winter Games an astounding $60B.

1/10
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⁠Librarian Capital
Diageo CEO Debra Crew (DC) and BAT CFO Soraya Benchikh (SB) both worked at $DGE + $BATS, overlapping at both companies

SB was promoted at DE when DC was COO
But DC utimately hired an external as new DGE CFO

SB spent 20+ years at BAT; DC didn't
DC started on US side; SB didn't https://t.co/QH3thbOQAU
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⁠Finding Compounders
David Einhorn’s Speech at the Value Investing Congress in 2006.

He goes into and explains how to look at ROE( Return on Equity) https://t.co/iO7ya1rKck
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⁠Invest In Assets 📈
The power of becoming 1% smarter every day: https://t.co/IMGQTcTAZS
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