Offshore
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Quality Investing with Aria
I hate ROCE mostly because of how people use it if anything. It makes sense for mature businesses and thats about it.
It rewards asset light businesses that are wildly profitable. And if a company is in stage 3-4 of the business cycle the ROCE metric will miss them. I think it makes sense to buy your Home Depots or $KO of the world. And compare the two.
But saying $AMZN is an inferior company than $AAPL due to the ROCE being off by a factor of 5. Completely misses the point
Influencers who shall not be named have built this culture of ROCE is the most important metric known to man kind. If its under 20% that’s a disgusting narrow moat business and you should burn it right away. Above 50% ?? Take my money right away!
This couldnt be further from the truth. I can safely argue that $CRM is 10x wider moat business than $DPZ. I suggest you search up the ROCE on each, you’ll be shocked 😂
Now to be honest, i dont hate the metric itself. But I hate how its used and where its used, and most importantly by WHO ITS USED.
I hate the notion that:
- High ROCE = Wide moat
- Low ROCE = Zero moat/narrow moat
- And negative ROCE??? Oh boy 💀
Like that couldnt be further from the truth, in many cases yes that can be indicative of wide/narrow moat. But not always!!! Depends how mature the company is
Thats why i pay minimal attention to it, again, unless its a mature business
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I hate ROCE mostly because of how people use it if anything. It makes sense for mature businesses and thats about it.
It rewards asset light businesses that are wildly profitable. And if a company is in stage 3-4 of the business cycle the ROCE metric will miss them. I think it makes sense to buy your Home Depots or $KO of the world. And compare the two.
But saying $AMZN is an inferior company than $AAPL due to the ROCE being off by a factor of 5. Completely misses the point
Influencers who shall not be named have built this culture of ROCE is the most important metric known to man kind. If its under 20% that’s a disgusting narrow moat business and you should burn it right away. Above 50% ?? Take my money right away!
This couldnt be further from the truth. I can safely argue that $CRM is 10x wider moat business than $DPZ. I suggest you search up the ROCE on each, you’ll be shocked 😂
Now to be honest, i dont hate the metric itself. But I hate how its used and where its used, and most importantly by WHO ITS USED.
I hate the notion that:
- High ROCE = Wide moat
- Low ROCE = Zero moat/narrow moat
- And negative ROCE??? Oh boy 💀
Like that couldnt be further from the truth, in many cases yes that can be indicative of wide/narrow moat. But not always!!! Depends how mature the company is
Thats why i pay minimal attention to it, again, unless its a mature business
tweet
Offshore
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Librarian Capital
Troy Equity Income Fund on Admiral $ADM
"We met with the management team"
"The shares are reasonably valued at c. 16x 2025 earnings but can no longer be said to be cheap"
"It remains a high-quality global income asset and a long-term investment in the fund" https://t.co/D98JGVmGhs
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Troy Equity Income Fund on Admiral $ADM
"We met with the management team"
"The shares are reasonably valued at c. 16x 2025 earnings but can no longer be said to be cheap"
"It remains a high-quality global income asset and a long-term investment in the fund" https://t.co/D98JGVmGhs
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Offshore
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Quality Investing with Aria
13 mins until we find out if the:
BEST AI PRODUCT IN THE WORLD, GONNA DISRUPT OXYGEN, SOLVE WORLD HUNGER AND INVENT INTER-DIMENSIONAL TRAVEL…
Will be included in the S&P or not 😂 https://t.co/Mi7LkhyudQ
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13 mins until we find out if the:
BEST AI PRODUCT IN THE WORLD, GONNA DISRUPT OXYGEN, SOLVE WORLD HUNGER AND INVENT INTER-DIMENSIONAL TRAVEL…
Will be included in the S&P or not 😂 https://t.co/Mi7LkhyudQ
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Offshore
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Matt McGarry
Negative CAC!
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Negative CAC!
Selena Gomez, a former Disney star, has officially become a billionaire.
Bloomberg estimates her wealth to be $1.3 billion from:
- Make up company Rare Beauty Brands
- Mental health startup Wondermind
- Endorsement deals
- Touring
- Albums
- Acting
Insane 🤯
Good for her. https://t.co/Wc4DTOkqY4 tweet
Offshore
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Quality Investing with Aria
Good old September rolled its ugly head out to screw your YTD gains.
It’s by far the worst performing month for $VOO according to @Reuters. Funny that Nov and Dec right after, are the best performing months 🤔
Seasonality is always a buy the dip opportunity in my eyes 📈 https://t.co/W2LyKgBR3S
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Good old September rolled its ugly head out to screw your YTD gains.
It’s by far the worst performing month for $VOO according to @Reuters. Funny that Nov and Dec right after, are the best performing months 🤔
Seasonality is always a buy the dip opportunity in my eyes 📈 https://t.co/W2LyKgBR3S
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Offshore
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Lumida Wealth Management
Snippets from @IrrationalMrkts with Scott Barbee from Aegis Value Fund
1/ 3 Risk factors every value investor needs to check before investing https://t.co/ewMT3AwH1I
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Snippets from @IrrationalMrkts with Scott Barbee from Aegis Value Fund
1/ 3 Risk factors every value investor needs to check before investing https://t.co/ewMT3AwH1I
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Offshore
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Quality Investing with Aria
Damn near 30x P/S after the gap up tomorrow morning. Congrats to $PLTR for the S&P inclusion but frankly this valuation is getting a little out of hand
I don't care if they're going to solve intergalactic space travel or whatever they do. 30x revenue is absurd 🤷♂️ https://t.co/XyYa7FllkC
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Damn near 30x P/S after the gap up tomorrow morning. Congrats to $PLTR for the S&P inclusion but frankly this valuation is getting a little out of hand
I don't care if they're going to solve intergalactic space travel or whatever they do. 30x revenue is absurd 🤷♂️ https://t.co/XyYa7FllkC
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