Offshore
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Antonio Linares
$SPOT is up 3X since I doubled down, at which point I did some tax loss harvesting to bring my average down to that level.
The returns have come on a little bit of increased efficiency. Many drivers to kick in yet and I expect the stock to continue trending up over the long term.
The market is only beginning to grasp that $SPOT is a generational company, with pricing power and scarce competition.
As the deployment of podcasts and audiobooks continues, unit economics are set to expand meaningfully, with FCF/share levels poised to increase 10X over the coming decade.
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$SPOT is up 3X since I doubled down, at which point I did some tax loss harvesting to bring my average down to that level.
The returns have come on a little bit of increased efficiency. Many drivers to kick in yet and I expect the stock to continue trending up over the long term.
The market is only beginning to grasp that $SPOT is a generational company, with pricing power and scarce competition.
As the deployment of podcasts and audiobooks continues, unit economics are set to expand meaningfully, with FCF/share levels poised to increase 10X over the coming decade.
tweet
Offshore
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Giuliano
RT @owen_makes: El lunes tuvimos una conversación muy interesante con @alejobaltasar para @SaberCompuesto. Hablamos de todo y de nada, no se lo pierdan! https://t.co/HRMatb8qNe
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RT @owen_makes: El lunes tuvimos una conversación muy interesante con @alejobaltasar para @SaberCompuesto. Hablamos de todo y de nada, no se lo pierdan! https://t.co/HRMatb8qNe
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Offshore
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The Long Investor
$AAPL commentary in our group before they reported yesterday
Negative sentiment was baked in and a bounce was due for Wave B https://t.co/vzU7HxNDBR
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$AAPL commentary in our group before they reported yesterday
Negative sentiment was baked in and a bounce was due for Wave B https://t.co/vzU7HxNDBR
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Offshore
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Q-Cap
Super interesting story in the G&M about the Mastercard Foundation.
In 2006, Mastercard gifted shares for $395 Million to its foundation when it went public. At the time, $MA was valued at $5.3B.
The foundation only owned one stock: Mastercard.
Since then, $MA is up +9700% and its mkt value is nearing $411B. The Mastercard Foundation owns 10.4% of Mastercard, valuing their original donation at now over $47B.
That money funds programs in 33 countries that are focused on access to education and financial inclusion in Africa, but also include support for Indigenous youth in Canada.
Until this year, the foundation’s only source of funding was its Mastercard shares, which pay dividends. It was restricted from selling its stake except in small amounts as needed to pay disbursements to charitable programs and fund its operations.
Those restrictions were set to expire in 2027. But as the foundation’s financial clout increased, and its board made plans for its future, the need to take a modern investment approach – spreading its risks by buying a global mix of public and private assets.
In agreement with Mastercard, they setup the Mastercard Foundation Asset Management(MFAM) this year which will gradually sell about 90% of the foundation’s shares in the company over a 7 year period and diversify in many asset classes given how big the foundation AUM has gotten.
I think that's a mistake ! :)
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Super interesting story in the G&M about the Mastercard Foundation.
In 2006, Mastercard gifted shares for $395 Million to its foundation when it went public. At the time, $MA was valued at $5.3B.
The foundation only owned one stock: Mastercard.
Since then, $MA is up +9700% and its mkt value is nearing $411B. The Mastercard Foundation owns 10.4% of Mastercard, valuing their original donation at now over $47B.
That money funds programs in 33 countries that are focused on access to education and financial inclusion in Africa, but also include support for Indigenous youth in Canada.
Until this year, the foundation’s only source of funding was its Mastercard shares, which pay dividends. It was restricted from selling its stake except in small amounts as needed to pay disbursements to charitable programs and fund its operations.
Those restrictions were set to expire in 2027. But as the foundation’s financial clout increased, and its board made plans for its future, the need to take a modern investment approach – spreading its risks by buying a global mix of public and private assets.
In agreement with Mastercard, they setup the Mastercard Foundation Asset Management(MFAM) this year which will gradually sell about 90% of the foundation’s shares in the company over a 7 year period and diversify in many asset classes given how big the foundation AUM has gotten.
I think that's a mistake ! :)
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Offshore
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Brandon Beylo
"China real estate is collapsing. There's no way copper can sustain higher prices with all this demand destruction."
India: "Hold my chai."
#copper https://t.co/OiCNG4IfyP
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"China real estate is collapsing. There's no way copper can sustain higher prices with all this demand destruction."
India: "Hold my chai."
#copper https://t.co/OiCNG4IfyP
tweet