Compounding Capital
$VRSK thesis per Parnassus:

1) data analytics for insurance industry early in wave of moderninzing and moving to cloud, 30B records spanning 50+ years

2) 12% IRR next 2.5 yrs as EPS compounds 14%, multiple contracts from 32x to 27x

3) improved capital allocation and governance https://t.co/TgEH6hU0OY
tweet

Special Situations 🌐 Research Newsletter (Jay)
Pinterest (PINS) 3-scenario valuation model includes valuation, financials, projections, comps & scenario analysis. Model was put together after Elliott Management revealed a 9% stake in July 2022.

Free to Silver & Gold subs:
https://t.co/r7f3PlxC5V

https://t.co/ZG9pxUTtAg
tweet

Ethan Mollick
RT @emollick: We believe this is likely interesting. How we understand words of probability:
1) From a Reddit survey https://t.co/m5z2AP4k0p
2) From a sample of 1,700 people https://t.co/pgrtjclc2h
3) From the CIA handbook for intelligence analysts. Worth reading here: https://t.co/42AWffgd6f https://t.co/tzES9zyD68
tweet

James (is looking for a prod role)
The “absence of representation is evidence of discrimination” mind virus is more contagious than Covid.
tweet

Morning Brew ☕️
opening up your email inbox after a single day off https://t.co/XjrrKmFDxT
tweet

Mostly Borrowed Ideas
Interesting how education may be prime for disruption in Metaverse, and ~75% of kids in developed world are already engaging in Metaverse.

@ballmatthew predicts it may take >15 yrs for the median person to be on Metaverse

Podcast (h/t @LibertyRPF)
https://t.co/lpL9LgxI0w https://t.co/z3Th2y4dtx
tweet

Special Situations 🌐 Research Newsletter (Jay)
"Never give up" doesn't mean keep making the same mistakes over and over again! Manage risk, know what you own, change as the data changes. And finally, know your own strengths and try to skate where the puck is going!
tweet

Special Situations 🌐 Research Newsletter (Jay)
Who is ready for $JNJ $NFLX $HAL $IBKR $ALLY $HAS earnings tomorrow? Going to be wild!
tweet

Special Situations 🌐 Research Newsletter (Jay)
More lockdowns will test Xi's govt:
New Covid-19 cases in China jumped to 700, w/ more infectious strains continuing to test country’s hardline approach as outbreaks spread beyond major cities.
Highest daily tally since May 22 -- after >1k infections over the weekend $BABA $KWEB
tweet

Mostly Borrowed Ideas
1/5 "Munger: "You really have to understand the company and its competitive positions...That's not disclosed by the math.

Buffett: "I don't know how I would manage money if I had to do it just on the numbers."

Munger, interrupting, "You'd do it badly."
tweet

Special Situations 🌐 Research Newsletter (Jay)
China is set to post record drop in $LNG imports this year, which will return Japan to top spot as biggest buyer of seaborne fuel, according to Wood Mackenzie Ltd.

Research firm expects cargoes to fall 14% to 69mn tons in 2022, only 2nd decline since China began imports in 2006
tweet

Special Situations 🌐 Research Newsletter (Jay)
Rent's haven't peaked...even if some commodities have... https://t.co/HdOIrRATPP
tweet