⁠Hidden Value Gems
RT @HiddenValueGems: $BABA +5% in HK today on plans to start charging a basic software service fee of 0.6% on confirmed transactions for vendors on both the Tmall and Taobao.

The company earns the majority of its Taobao and Tmall revenue through customer management fees, which merchants pay to advertise products or better tailor their offerings.

The shift to a percentage-based fee structure makes Alibaba the last major e-commerce platform to do so. PDD started charging merchants a technical service fee of about 0.6%-1% of gross merchandise value since 2020, while https://t.co/fV3WQ0LDyp Inc. and ByteDance both levied a 0.6% fee rate last year.
tweet

⁠Hidden Value Gems
RT @HiddenValueGems: Quote of the day #53

#StockMarket #Investing #Stocks https://t.co/hj1pZZPBcH
tweet

⁠Finding Compounders
An Article on Francis Chou

The Chou Associates Fund has achieved compounded returns of about 16% a year for 24 years . https://t.co/VBHnlwKZ1o
tweet

⁠Librarian Capital
"UK Takeover Panel issues its most serious sanction: a cold shoulder" (FT)

Not parody

"The penalties follow a probe dating back to 2011"

Mgmt. "concealed the fact they had acquired control of (MWB) and then breached a regulation requiring them to make an offer for the group" https://t.co/ybZwqgYiEf
tweet

⁠Brandon Beylo
Great write-up on $GENK from @realLigerCub.

And I'm not just saying that because I own a bunch of $GENK.

Okay, that's part of the reason.

Still worth a read and DYODD.

GEN Restaurant Group, Inc. ($GENK)

Spending the summer in Greece makes it challenging to stay productive. Still, markets keep moving, so it's time for a new write-up. While the company’s current illiquidity prevents most institutional investors from sizing up, this should not persist as the founders can exchange their Class B units (~86.1% economic interest) for Class A common stock in an anti-dilutive manner. As always, this isn't a short-term earnings trade but rather a long-term investment thesis. - Liger Cub
tweet

⁠Brandon Beylo
Heads up guys.

Silver putting in a failed breakdown setup today.

Not to mention it's in a Bull Quiet Regime.

And we had a partial flush in Large Spec longs this past week.

#Silver https://t.co/B2T8Cstmvx
tweet

⁠Hidden Value Gems
A few good points on $ERF.PA by Giverny Capital: https://t.co/bwqa65JeS1
tweet

⁠Brandon Beylo
It's stories like these that make mining investing so attractive.

Yes, most of the mining companies are total garbage.

But it's one of the few industries where you can make life-changing money in less than a decade.

Big congrats to @radog_77 on this investment.

Well, end to my story in Filo. It is 35% of my portfolio, half of it acquired in late 2019. A 9x more or less, never sold a share except for buying/selling intraday. I retired 2023 thanks to $FILO. I cycled to Vicuña and visited it. The management was always trustworthy, thanks! https://t.co/GjYIAUaD8w - radog77
tweet

⁠Brandon Beylo
Argentina is now open for copper M&A business.

Mining Twitter.

What are your favorite copper mining plays specifically in Argentina?

The smaller the market cap, the better!

#copper #Argentina
tweet

⁠Librarian Capital
PSA: The Internet is a big place, even a small % of bad apples means a big number of actual people

Our policy on social media is thus to block people early and often, on the first sign of bad behaviour

Sometimes we get things wrong

If you know of such an instance, reach out
tweet