⁠Finding Compounders
Allan Mecham ran Arlington Value Capital where he achieved a CAGR of 30% over 8.5 years.

Here is an interview he did with Manual of Ideas https://t.co/h1lyD4bM4L
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⁠Hidden Value Gems
I wonder how this healthcare spend distribution looks like in other countries...

1% of people are responsible for 24% of the health spending in America and 5% of people are responsible for just over half. https://t.co/hn8z9Le0oF - Crémieux
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⁠Hidden Value Gems
$AER should be a big beneficiary here too…leading owner of airplanes and jet engines…trading at c 1x P/B, but if asset value is 10-20% higher and with 75% of assets financed with debt, its market value of equity could be 60% higher.

Trading at c. 10x PE, close to 10% buyback yield.
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⁠Librarian Capital
RT @LibrarianCap: "Alphabet: Strong Q2 Headlines, But Too Many Moving Parts?" $GOOG $GOOGL

8%+ decline in shares since results likely reflects fears of ad revenues slowing, headcount rising and SearchGPT

We disagree: https://t.co/X5pMWPkMYM https://t.co/8Xm0X4b2B1
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⁠Librarian Capital
"Amazon $AMZN Paid Almost $1bn for Twitch in 2014. It’s Still Losing Money" (WSJ)

"Twitch’s biggest-paying users are opening their wallets less, and 3rd-party data reflect that growth in new users and engagement has slowed"

"Long-form live video doesn’t align well with ads" https://t.co/5qDsp8WvKA
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