Frank Taber
1/ Since digging into $VCP.L I have decided to pass for now. There’s a lot to like about the business; insider ownership, capital allocation, fragmented market, cheap acquisitions etc.

But I came across a concerning short report (yet to fact check)

https://t.co/GZEvnZl152
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Paul Graham
Apparently a significant part of Google's business is selling you traffic you would have gotten anyway. I talked to one founder who used to spend a huge amount on keyword ads. They stopped completely, and they still got 95% of the traffic they would have gotten.
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Bread Crumbs Research
Observation: concentration of great shareholder letters is the highest in the most competitive industries (financials, airlines etc). Now, if you find a great shareholder letter at a business that does not operate in a highly competitive industry… hmm
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Special Situations 🌐 Research Newsletter (Jay)
RT @TommyThornton: 6.3 out of every 10 options on the tape today are calls // this is a year to date high and approaching levels seen during retail option craze of 2021
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Taylor Pearson
Top 25% project management skills + top 25% any marketable skill else will guarantee you a good job for life.
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Special Situations 🌐 Research Newsletter (Jay)
FED'S KASHKARI: I'M UNSURE WHAT MARKETS ARE LOOKING AT.
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Special Situations 🌐 Research Newsletter (Jay)
Musk planning to build private airport near Austin, Texas, per Fox Business. $TSLA

Just focus on $TSLA
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Special Situations 🌐 Research Newsletter (Jay)
Both Germany and Spain are putting caps on lifestyle choices, like duration of showers and what temperature you can set your AC to control power consumption... just wait until the winter months...

AC usage isn't even common in EU
$lng $ung $boik
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Special Situations 🌐 Research Newsletter (Jay)
Sadly bound to fail: the Panamanian govt announced it will exert control over the prices of 72 food items & agreed to impose price caps on 150 medicines

"The cost of the basic food basket would decrease by 30%, a savings of more than $80," according President Laurentino Cortizo.
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Special Situations 🌐 Research Newsletter (Jay)
Labor market participation continues to be well below precovid levels. https://t.co/L8eaDMGrbr
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Special Situations 🌐 Research Newsletter (Jay)
Nasdaq $QQQ just posted one of best months in 20Y w/ tightening Fed (+98% of other CBs), mixed earnings/muted outlooks, stubbornly high core inflation (ex-commods), slowing growth, declining econ fwd indicators (PMIs, conf), & QT (just starting)

How the bear mkt rally gets ya!
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Special Situations 🌐 Research Newsletter (Jay)
FED's Kashkari details:
-Highly implausible that FOMC will decrease rates next year
-Inflation is spreading and needs immediate action (core inflation)
-Soft landing of the economy is possible, but don't know how likely it is
-Inflation expectations remain anchored $USD $SPY $IWM
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Special Situations 🌐 Research Newsletter (Jay)
Does the Fed have credibility?
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Morning Brew ☕️
Don't know whether we'd be concerned or excited to find something like this in our backyard https://t.co/3fSR62xL8O
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Special Situations 🌐 Research Newsletter (Jay)
I love these...if you had invested $100k on $AAPL / $AMZN in 2003 threads. If you did, you would not be tweeting onto twitta! If you didn't, what's the point of rubbing it into everyone's faces?
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Special Situations 🌐 Research Newsletter (Jay)
PIMCO HIRES FORMER FEDERAL RESERVE VICE-CHAIR RICHARD CLARIDA (WHO CONVENIENTLY RETIRED AFTER SWINGING MILLIONS)
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Special Situations 🌐 Research Newsletter (Jay)
Putin is going to love this:

FINLAND AND SWEDEN RECEIVE SENATE APPROVAL TO JOIN NATO.
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