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Special Situations 🌐 Research Newsletter (Jay)
This earnings season, stocks that MISS EXPECTATIONS have gained on average! This is the type of behavior you see when recovering from a recessionary environment, not ENTERING ONE. This is going to end painfully next quarter when these companies miss again... https://t.co/0wf9pxwc6G
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Morning Brew ☕️
Applebee's and IHOP sales grew around 6% to 8% among households earning more than $75,000 per year from April to June. https://t.co/rxdzhDfzTo
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Ramneek
$IAC
10th August -5.6% on bad results
11th August +7% on… well! Bad results
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Sidecar Partners
Wonderful passage. https://t.co/7wOJ6N3KsG
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Ethan Mollick
For ideas, quality & quantity go together, This paper shows that people who came up with the most ideas also tend to have better ideas (the "equal odds rule) using many measures.

Interestingly, IQ was not correlated with either idea quantity or quality. https://t.co/MxnN7JPOq3 https://t.co/HPR54yJzke
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Morning Brew ☕️
Disney surpassed Netflix in number of subscribers, hitting 221 million.

But since this includes numbers for Disney+, Hulu, and ESPN, it's sort of like when 3 kids in a trench coat are taller than one adult. Sort of impressive, but also, there's 3 of you, so yeah of course. https://t.co/KJBKpfBr4H
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FXHedge
SEC INVESTIGATING MELVIN CAPITAL OVER RISK CONTROLS, MEME-STOCK LOSS DISCLOSURES
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Ethan Mollick
The limiting factor on relationships is your time. A study of 6 billion phone calls finds Dunbar’s Number of 150 relationships holds. Generally:
💏5 very close ones
👭10 close
👯‍♀️35 fairly close
👥100 acquaintances
So when you add a romantic partner, you lose a very close friend! https://t.co/ab77LWaE55
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Morning Brew ☕️
The end of an era💔

Ryanair CEO Michael O'Leary says rising fuel prices are forcing the airline to raise prices. Say goodbye to "the one euro fares, the €0.99 fares, even the €9.99 fares - I think you will not see those fares for the next number of years" https://t.co/M9dFDJgBtn
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Offshore
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Morning Brew ☕️
What’s the first and most important step to starting your retirement? (ft. @applecomedy)

Full video on YouTube here:
https://t.co/5DUBo5EcJH https://t.co/btByxfd3hO
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Bread Crumbs Research
Good business leaders care about customers/employees/shareholders
Bad business leaders care about themselves
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