Offshore
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Stock Analysis Compilation
Gator CM on Societe Generale $GLE FP
Thesis: Société Générale’s restructuring, cost-cutting, and focus on shareholder returns create a compelling value opportunity
(Extract from their Q4 letter) https://t.co/P7gqyaTmgC
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Gator CM on Societe Generale $GLE FP
Thesis: Société Générale’s restructuring, cost-cutting, and focus on shareholder returns create a compelling value opportunity
(Extract from their Q4 letter) https://t.co/P7gqyaTmgC
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Offshore
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Ahmad Jivraj
My latest article coming tomorrow:
Deepseek And The Power of Catalysts
A 50-Bagger in a Weekend
Examples of how catalysts can generate significant returns
Subscribe here so you dont miss it
https://t.co/WWKnCsvi3N
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My latest article coming tomorrow:
Deepseek And The Power of Catalysts
A 50-Bagger in a Weekend
Examples of how catalysts can generate significant returns
Subscribe here so you dont miss it
https://t.co/WWKnCsvi3N
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Offshore
Video
Quiver Quantitative
We've been writing code to track politicians' net worth.
Here's an update: https://t.co/6FFH0DytYw
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We've been writing code to track politicians' net worth.
Here's an update: https://t.co/6FFH0DytYw
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Offshore
Video
Startup Archive
Marc Andreessen: Many of the most successful companies started “product first”
“There are products that become companies, and then there are companies that come up with a product. One of the interesting things over the years is that many of the most successful technology franchises were products first, way before they ever became companies.”
In this talk, Marc gives a few examples:
• His team at the University of Illinois worked on the research project that became Netscape for three years before it became a company
• Bill Gates and Paul Allen were deep into PCs before there was a software business
• Jobs and Wozniak built the first Apple computer as hobbyists
• Mark Zuckerberg was running Facebook out of his dorm room before he ever thought of starting a company
• Twitter was a side project at the failed podcasting app Odeo
Marc believes that this “product becomes a company” template is successful because “it’s a demonstration that the product has to exist. The market needs the product so badly that somebody actually built it and deployed it and you can actually see evidence that people want it before there was an economic motivation to do so.”
He contrasts this with the failure cases he often sees when entrepreneurs try to figure out the idea after starting a company.
“It’s very easy in that process to fool yourself into believing that there’s a market because you want to find something and you have a very strong motivation to come up with an answer. It’s hard to go through that process for three months and then say, ‘you know what, we can’t come up with any good ideas.’”
There are of course there exceptions. Marc gives Hewlett Packard as an example. But that’s more the exception than the rule. As Marc explains:
“The moral of the story is it has to be a really good idea. That often will be an idea that is preexisting at the time you decide to start a company. And if it isn’t, be really careful because you’re walking on sharp rocks at that point with a high risk of falling off the cliff into the ocean.”
Video source: @ECorner (2010)
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Marc Andreessen: Many of the most successful companies started “product first”
“There are products that become companies, and then there are companies that come up with a product. One of the interesting things over the years is that many of the most successful technology franchises were products first, way before they ever became companies.”
In this talk, Marc gives a few examples:
• His team at the University of Illinois worked on the research project that became Netscape for three years before it became a company
• Bill Gates and Paul Allen were deep into PCs before there was a software business
• Jobs and Wozniak built the first Apple computer as hobbyists
• Mark Zuckerberg was running Facebook out of his dorm room before he ever thought of starting a company
• Twitter was a side project at the failed podcasting app Odeo
Marc believes that this “product becomes a company” template is successful because “it’s a demonstration that the product has to exist. The market needs the product so badly that somebody actually built it and deployed it and you can actually see evidence that people want it before there was an economic motivation to do so.”
He contrasts this with the failure cases he often sees when entrepreneurs try to figure out the idea after starting a company.
“It’s very easy in that process to fool yourself into believing that there’s a market because you want to find something and you have a very strong motivation to come up with an answer. It’s hard to go through that process for three months and then say, ‘you know what, we can’t come up with any good ideas.’”
There are of course there exceptions. Marc gives Hewlett Packard as an example. But that’s more the exception than the rule. As Marc explains:
“The moral of the story is it has to be a really good idea. That often will be an idea that is preexisting at the time you decide to start a company. And if it isn’t, be really careful because you’re walking on sharp rocks at that point with a high risk of falling off the cliff into the ocean.”
Video source: @ECorner (2010)
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Offshore
Photo
Stock Analysis Compilation
Third Avenue Small Cap Value Fund on Ambac Financial Group $AMBC US
Thesis: Ambac Financial Group is transforming its business by selling its legacy operations and focusing on building a high-margin, asset-light insurance platform, while leveraging its significant cash reserves and tax assets for future growth.
(Extract from their Q4 letter)
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Third Avenue Small Cap Value Fund on Ambac Financial Group $AMBC US
Thesis: Ambac Financial Group is transforming its business by selling its legacy operations and focusing on building a high-margin, asset-light insurance platform, while leveraging its significant cash reserves and tax assets for future growth.
(Extract from their Q4 letter)
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Offshore
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Finding Compounders
Terry Smith on The Unique Advantage of Equity Investment https://t.co/YGMnluTr5S
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Terry Smith on The Unique Advantage of Equity Investment https://t.co/YGMnluTr5S
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Offshore
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Finding Compounders
The characteristics of a value trap and how to avoid them .
Sourced from my free newsletter - link is in my bio https://t.co/WDgtwH5lK3
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The characteristics of a value trap and how to avoid them .
Sourced from my free newsletter - link is in my bio https://t.co/WDgtwH5lK3
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Offshore
Photo
Stock Analysis Compilation
River Oaks on Citizens Bank $CZBS US
Thesis: Citizens Bank is significantly undervalued at a ~$90m market cap despite a ~70% increase in share price, boasting over $95m in cash and a ~20% return on book value.
(Extract from their Q4 letter) https://t.co/8rbkCmnUTY
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River Oaks on Citizens Bank $CZBS US
Thesis: Citizens Bank is significantly undervalued at a ~$90m market cap despite a ~70% increase in share price, boasting over $95m in cash and a ~20% return on book value.
(Extract from their Q4 letter) https://t.co/8rbkCmnUTY
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Dimitry Nakhla | Babylon Capital®
RT @DimitryNakhla: “Individuals who cannot master their emotions are ill-suited to profit from the investment process.”
— Benjamin Graham 🗣️
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RT @DimitryNakhla: “Individuals who cannot master their emotions are ill-suited to profit from the investment process.”
— Benjamin Graham 🗣️
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Offshore
Photo
Stock Analysis Compilation
Clearbridge Growth Strategy on Robinhood Markets $HOOD US
Thesis: Robinhood Markets is an established disruptor in retail brokerage poised for growth due to reduced regulatory risks and shifting policies in the cryptocurrency space.
(Extract from their Q4 letter) https://t.co/kwUhh83d3d
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Clearbridge Growth Strategy on Robinhood Markets $HOOD US
Thesis: Robinhood Markets is an established disruptor in retail brokerage poised for growth due to reduced regulatory risks and shifting policies in the cryptocurrency space.
(Extract from their Q4 letter) https://t.co/kwUhh83d3d
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