⁠Librarian Capital
"Why are the British so reluctant to invest?" (FT)

"It’s an inherent cultural issue. People are attracted to the perceived safety of cash ... rather than the risk of sitting in cash"

Ruffer $RICA people should read this
Their flagship fund is 12.7% in cash, 53.1% in ST bonds https://t.co/mH0RjGcjgW

Why are the British so reluctant to invest? https://t.co/cxA93WixCp - FT Economics
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⁠Librarian Capital
Constellation Brands $STZ FY25Q2 (Jun-Aug)

Wine & Spirits Q2 depletions -17.6%
Shipments -9.8%, Net Sales -12%

Spirits Net Sales -13% Q2, -3% H1

STZ Craft Spirits sales up HSD in Q2
Vs. higher-end spirits market up LSD

FY25E: Wine & Spirit sales decline 4-6%

cc: $BF.B $DGE https://t.co/d1qhmCXN1Y
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⁠Alex Bilzerian
"Chinese firms lead US firms in remote sensing ‘Olympics’" https://t.co/mCycMTjQ3x
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⁠Alex Bilzerian
RT @pmddomingos: Your ego should be in service of your ideas, not the other way around.
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⁠Alex Bilzerian
Typhoon Vamei in 2001 formed at 1.4°N in the South China Sea, making it the closest tropical cyclone to the equator.

For centuries, it was thought that tropical cyclones couldn't form within 300 nautical miles of the equator.

Coriolis Effect: - Alex Bilzerian
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⁠Librarian Capital
British American Tobacco now down 10%+ from 16-Sep
(Based on $BTI ADR price in $; similar for $BATS in £) https://t.co/o1PFxvk6Yv

"British American Tobacco: Fun While It Lasted? Looking Beyond Rally" $BATS $BTI

Shares have fallen back after a multi-month rally, and structural concerns may be returning in H2

cc: $MO $PM $IMB
https://t.co/axUW3tph51 https://t.co/nvliEMCCwf - Librarian Capital
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⁠Stock Analysis Compilation
Harris Associates on Bravida Holding $BRAV SS

Thesis: Bravida’s leading position in the Nordic region and its exposure to defensive construction sectors make it well-positioned for growth as electrification trends accelerate.

(Extract from their Q2 letter) https://t.co/DUgr5ibs1W
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⁠Alex Bilzerian
RT @LabbediBadis: I genuinely love America. https://t.co/lTx15PT7eQ
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⁠Alex Bilzerian
"Should any one country dominate the commercial remote sensing market, not only could it gain economic advantages, but it would also control the information narrative about the entire planet."

"Chinese firms lead US firms in remote sensing ‘Olympics’" https://t.co/mCycMTjQ3x - Alex Bilzerian
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⁠Librarian Capital
"Cognac Producers Decry EV Duty Vote Raising Retaliation Fear" (Bloomberg)

"BNIC, which represents the Cognac industry, said its request to postpone the vote and negotiate a solution was ignored ... France was one of 10 member states that voted in favor of the tariffs"

$RCO $RI

French Cognac producers accuse the government of abandoning them after the EU’s decision to impose tariffs on electric vehicles from China https://t.co/AkXmqksJqY - Bloomberg
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