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Stock Analysis Compilation
Ave Maria Funds on Simply Good Foods $SMPL US
Thesis: Simply Good Foods leverages its asset-light model and acquisitions to dominate the growing nutritional snacking market.
(Extract from their Q3 letter) https://t.co/nhaKLzOuSl
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Ave Maria Funds on Simply Good Foods $SMPL US
Thesis: Simply Good Foods leverages its asset-light model and acquisitions to dominate the growing nutritional snacking market.
(Extract from their Q3 letter) https://t.co/nhaKLzOuSl
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Quiver Quantitative
RT @InsiderRadar: 🚨BREAKING: New CEO Insider Purchase
The CEO of $VVV has reported the purchase of ~$100k of the company's stock, increasing her ownership stake by 7%.
This is the second insider purchase we have seen in $VVV over the last week (a director purchased ~$400k on Nov 26).
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RT @InsiderRadar: 🚨BREAKING: New CEO Insider Purchase
The CEO of $VVV has reported the purchase of ~$100k of the company's stock, increasing her ownership stake by 7%.
This is the second insider purchase we have seen in $VVV over the last week (a director purchased ~$400k on Nov 26).
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Dimitry Nakhla | Babylon Capital®
RT @DimitryNakhla: Nothing against those who’ve allocated capital to $TMDX
Yet, Munger’s words apply here
Can $TMDX be the next big thing? Absolutely.
Is it a top 50 business in the world? No.
Staying disciplined and avoiding the lure of newer “growth” stocks can really help over long-term
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RT @DimitryNakhla: Nothing against those who’ve allocated capital to $TMDX
Yet, Munger’s words apply here
Can $TMDX be the next big thing? Absolutely.
Is it a top 50 business in the world? No.
Staying disciplined and avoiding the lure of newer “growth” stocks can really help over long-term
“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”
— Charlie Munger 🗣️
#stocks #investing tweet
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Capital Employed
Listen to the Focus Capital Management Q3 2024 investor letter.
The letter discusses... 👇
Fund performance
Portfolio commentary
The value of concentration
https://t.co/SSYsafYPxQ https://t.co/D6SWKjMJ8H
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Listen to the Focus Capital Management Q3 2024 investor letter.
The letter discusses... 👇
Fund performance
Portfolio commentary
The value of concentration
https://t.co/SSYsafYPxQ https://t.co/D6SWKjMJ8H
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Offshore
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Hidden Value Gems
Lots of ideas to think about from yesterday’s lecture by Victor Hoghani (LTCM co-founder).
One point I forgot about is the study on returns if you didn’t own stocks overnight.
In other words,
➡️ if you had bought stocks in the morning and sold in the evening, you would have massively underperformed the index. In 30 years, you would be up only 14% vs 18x for the S&P500 stocks.
➡️ In small caps the results are even more astonishing - you would be down 86% !
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Lots of ideas to think about from yesterday’s lecture by Victor Hoghani (LTCM co-founder).
One point I forgot about is the study on returns if you didn’t own stocks overnight.
In other words,
➡️ if you had bought stocks in the morning and sold in the evening, you would have massively underperformed the index. In 30 years, you would be up only 14% vs 18x for the S&P500 stocks.
➡️ In small caps the results are even more astonishing - you would be down 86% !
Victor Haghani (ex LTCM) will be speaking at LSE on 2 December on "Why I stopped picking stocks: the risk matters hypothesis".
Free to attend, should be interesting 👇 https://t.co/xufTKIXbfB tweet
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Hidden Value Gems
German DAX is at ATH 😳
Would have never guessed if I only followed the media articles about troubles at car makers, strikes, higher energy prices etc... https://t.co/1m6zctaKKz
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German DAX is at ATH 😳
Would have never guessed if I only followed the media articles about troubles at car makers, strikes, higher energy prices etc... https://t.co/1m6zctaKKz
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Offshore
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Hidden Value Gems
$OTB.L launched up to £25m buyback until 31 March ‘25. Its mkt cap is just £287m, no debt, £96m cash.
Looks interesting although I admit that package holidays is not the sector I want to invest in the long term. https://t.co/JSqKYTp35G
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$OTB.L launched up to £25m buyback until 31 March ‘25. Its mkt cap is just £287m, no debt, £96m cash.
Looks interesting although I admit that package holidays is not the sector I want to invest in the long term. https://t.co/JSqKYTp35G
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Offshore
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Stock Analysis Compilation
Artisan on Galderma $GALD SW
Thesis: Galderma leverages its leadership in dermatology and aesthetics, poised for growth with innovative treatments and high-margin opportunities.
(Extract from their Q3 letter) https://t.co/LOrKGdylwo
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Artisan on Galderma $GALD SW
Thesis: Galderma leverages its leadership in dermatology and aesthetics, poised for growth with innovative treatments and high-margin opportunities.
(Extract from their Q3 letter) https://t.co/LOrKGdylwo
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Offshore
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Stock Analysis Compilation
Hardman Johnson on Nexans $NEX FP
Thesis: Nexans capitalizes on electrification and grid modernization trends, leveraging its high-voltage cable expertise for multi-year growth
(Extract from their Q3 letter) https://t.co/ML6hmdPPRb
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Hardman Johnson on Nexans $NEX FP
Thesis: Nexans capitalizes on electrification and grid modernization trends, leveraging its high-voltage cable expertise for multi-year growth
(Extract from their Q3 letter) https://t.co/ML6hmdPPRb
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Offshore
Video
Startup Archive
Mark Zuckerberg on Elon Musk’s acquisition of Twitter
Elon Musk famously reduced head count by 80% after acquiring Twitter. It was controversial at the time, but Mark is asked what he thinks Elon did well during it.
Mark responds:
“You can agree or disagree with the exact tactics and how he did that. Every leader has their own style… But a lot of the specific principles that he pushed on: making the organization more technical, decreasing distance between engineers at the company and him, fewer layers of management. I think that those were generally good changes.”
Mark also believes this was good for the technology industry as a whole:
“My sense is that there were a lot of other people who thought that those were good changes, but who may have been a little shy about doing them. Just in my conversations with other founders and how people have reacted to the things we’ve done… When people see what Elon is doing, I think that gives people the ability to think through how to shape their organizations in a way that can be good for the industry and make all these companies more productive over time.”
He continues:
“So I think that was one thing where he was quite ahead of a bunch of the other companies on… And from the outside, it’s very hard to know. Did he cut too much? Did he not cut enough? I don’t think it’s my place to opine on that… But certainly his actions led me and, I think, a lot of other folks in the industry to think about, ‘Hey, are we doing this as much as we should? Could we make our companies better by pushing on some of these same principles?’”
Video source: @lexfridman (2023)
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Mark Zuckerberg on Elon Musk’s acquisition of Twitter
Elon Musk famously reduced head count by 80% after acquiring Twitter. It was controversial at the time, but Mark is asked what he thinks Elon did well during it.
Mark responds:
“You can agree or disagree with the exact tactics and how he did that. Every leader has their own style… But a lot of the specific principles that he pushed on: making the organization more technical, decreasing distance between engineers at the company and him, fewer layers of management. I think that those were generally good changes.”
Mark also believes this was good for the technology industry as a whole:
“My sense is that there were a lot of other people who thought that those were good changes, but who may have been a little shy about doing them. Just in my conversations with other founders and how people have reacted to the things we’ve done… When people see what Elon is doing, I think that gives people the ability to think through how to shape their organizations in a way that can be good for the industry and make all these companies more productive over time.”
He continues:
“So I think that was one thing where he was quite ahead of a bunch of the other companies on… And from the outside, it’s very hard to know. Did he cut too much? Did he not cut enough? I don’t think it’s my place to opine on that… But certainly his actions led me and, I think, a lot of other folks in the industry to think about, ‘Hey, are we doing this as much as we should? Could we make our companies better by pushing on some of these same principles?’”
Video source: @lexfridman (2023)
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