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Jitendra Chawla, CFA
Just noticed this on my calendar! 🙂 https://t.co/q9lKhsH5nw https://t.co/M5KXs9T0iM
No investment is always good or always bad irrespective of price. High quality doesn't make money if you overpay and even bad quality businesses can be huge winners provided one buys at a deep discount.
#NoteToSelf #pontifying
- Jitendra Chawla, CFA
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Paul Graham
A founder with knowledge of the US labor market told me that decreased immigration is now a significant drag on economic growth, as boomers leave the work force and there is no one to replace them.

https://t.co/6KotqN0hp6
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Rolf Degen
Contrary to a firmly held belief, sleep is not mandatory to make fresh memories durable. https://t.co/sW1lgVcro7 https://t.co/dSns1FA8io
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MastersInvest.com
"I don’t know what BRK is selling for today and it really makes no difference. You know, it just doesn’t make any difference. What does count is where it is 10 yrs from now. I do care where it is, in general, 10 years from now, and that’s where all the focus is." W Buffett 1998
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Rolf Degen
"The impact of time spent playing video games on well-being is probably too small to be subjectively noticeable and not credibly different from zero." https://t.co/673vtYrYQm https://t.co/1xhHqxb0QO
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MastersInvest.com
RT @IAmClintMurphy: Jeff Bezos is worth 131.9 billion dollars.

He shared how he did it for 18 years in the Amazon Letters.

I read all 40,000 words, so you don't need to.

Here are 11 lessons everyone should know:
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Special Situations 🌐 Research Newsletter (Jay)
Decent primer on Monkeypox. Israel received first vaccines yesterday, Biden wants $7 billion to fight it here in the USA.

https://t.co/k5nZ0HdB0A
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Special Situations 🌐 Research Newsletter (Jay)
1/ Several analysts made downgraded price targets on Alphabet $GOOG following results:

- $C cut from $145 to $140
- Piper Sandler cut from $139 to $135
- $CS cut from $143 to $140
- Rosenblatt cut from $205 to $154
- $WFC Wells Fargo cut from $170 to $160
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Special Situations 🌐 Research Newsletter (Jay)
Elliott plans to force $PYPL to cut costs and employees sooner:
- Elliott plans to push for PayPal to speed cost-reduction efforts, sources. The activist investor may ultimately become one of the company’s five-largest shareholders
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Special Situations 🌐 Research Newsletter (Jay)
Nick Bennenbroek of $WFC expects Chinese lockdowns to last (on and off) through 1Q23...
$KWEB $JD $BABA $FXI
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Special Situations 🌐 Research Newsletter (Jay)
$ADDYY Adidas shares fall as much as 6.1%, the most since May. The magnitude of the group’s outlook cut was bigger than anticipated by analysts and could signal challenges ahead for the rest of the sportswear sector.
*ADIDAS CUTS FY OUTLOOK FOR NET FROM CONT OPS TO ~EU1.3B
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Special Situations 🌐 Research Newsletter (Jay)
Enphase Energy $ENPH shares surged 10% as analysts hiked their price targets on the solar energy equipment maker, with brokers saying its results and guidance for the third quarter were robust and exceeded expectations thanks to strong demand.
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Special Situations 🌐 Research Newsletter (Jay)
Wholesale inventories were up 1.9% for June, higher than 1.5% expected, inventories rising faster than sales, not a great sign
$WMT $TGT
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Special Situations 🌐 Research Newsletter (Jay)
Retail inventories grew 2% MoM vs. expectations of 1.0%
$WMT $TGT
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M&A Focused CPA
RT @ConnorAbene: My professional services agency does multiple 6-figures in profit.

And I’m using that profit to bankroll other business acquisitions.

Here’s the strategy:
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