⁠Librarian Capital
"The FDA convinced the US Supreme Court to consider a case over whether an electronic cigarette manufacturer may seek review in a circuit where the company is not based"

This is British American Tobacco $BATS $BTI (RJ Reynolds)

The FDA convinced the US Supreme Court to consider a case over whether an electronic cigarette manufacturer may seek review in a circuit where the company is not based. https://t.co/rrUhff9AW6 - Nyah Phengsitthy
tweet

⁠Librarian Capital
"What doesn't kill you makes you stronger"

We don't think this works when picking businesses to invest in, because LT investor return is driven by ROIC

For high ROIC, we want easy businesses

But we also want high barriers to entry; and these may make the sector look difficult
tweet

⁠Quiver Quantitative
🚨 JUST IN: 🇺🇸 Representative Josh Gottheimer has disclosed a purchase of Crinetics Pharmaceuticals stock, $CRNX.

He appears to have bought in the day before they announced the submission of a new drug application to the FDA.

Gottheimer is the first politician we have seen trade this stock.

It's a fairly small company, with a market cap of just over $4B.

We'll be watching this.

Follow along for updates, or track politicians' portfolios on Quiver.
tweet

⁠Stock Analysis Compilation
YCG Investments on Fair Isaac Corp $FICO US

Thesis: FICO's strong pricing power and underappreciated earnings potential make it an attractive investment for long-term returns

(Extract from their Q2 letter, link to the full analysis in SAC#58) https://t.co/b5vrpX4c1a
tweet

⁠App Economy Insights
🇺🇸 How America Spends Money

Just like a company, the US government has financial statements:

💰 Money comes in (mainly through taxes).
💸 Money goes out (to fund various programs).

Check out our full breakdown. 👇
https://t.co/i56CLKGImw
tweet

⁠Stock Analysis Compilation
Bonsai Partners on Ubiquiti $UI US

Thesis: Ubiquiti's disruptive pricing strategy and strong profitability provide a clear path to compounded growth, making it an exciting long-term opportunity

(Extract from their Q2 letter, link to the full analysis in SAC#58) https://t.co/PM0s72HAsD
tweet

⁠Quiver Quantitative
Here are the members of Congress who have made the most money in the stock market today, per our estimates.

Senator Pete Ricketts made $1.3M, off the back of his large position in $SCHW.

Nancy Pelosi and Mitt Romney both made ~$700K.

Track all portfolios on Quiver: https://t.co/LU3rMpwHXS
tweet

⁠Dimitry Nakhla | Babylon Capital®
RT @DimitryNakhla: Despite rallying +54% YTD, $BABA still trades for less than 15x earnings

#stocks #investing https://t.co/EDeVTiUWoL
tweet

⁠App Economy Insights
$META Meta just announced Movie Gen.

🎬 Text-to-video up to 16 seconds.
✨ Personalized videos via images.
✏️ Precise video editing via text prompts.

Not available publicly (like Sora). But Meta is becoming OpenAI faster than OpenAI can become Meta. https://t.co/RiE9kzavSn
tweet