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Librarian Capital
"X sues major brands, ad industry group" (Axios)
"The lawsuit ... argues GARM 'conspired, along with dozens of non-defendant co-conspirators, to collectively withhold billions of dollars in ad revenue from Twitter'"
Now we can be sure Twitter lost "billions" of revenues https://t.co/caywIhULzN
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"X sues major brands, ad industry group" (Axios)
"The lawsuit ... argues GARM 'conspired, along with dozens of non-defendant co-conspirators, to collectively withhold billions of dollars in ad revenue from Twitter'"
Now we can be sure Twitter lost "billions" of revenues https://t.co/caywIhULzN
Scoop: @X sues major brands, ad industry group for antitrust https://t.co/VpPBJklljE tweet
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Quiver Quantitative
Representative Darrell Issa has said:
"The Biden-Harris economy is so bad, even Nancy Pelosi lost money."
We estimate that Pelosi has lost $18M in the stock market in the last month.
She is still up $63M since 2021.
Issa is catching her on the net worth leaderboard though: https://t.co/ndTbWSnQEe
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Representative Darrell Issa has said:
"The Biden-Harris economy is so bad, even Nancy Pelosi lost money."
We estimate that Pelosi has lost $18M in the stock market in the last month.
She is still up $63M since 2021.
Issa is catching her on the net worth leaderboard though: https://t.co/ndTbWSnQEe
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Librarian Capital
"The youngest CFO in the Fortune 500 was set up to run his family’s $21 billion chicken empire. His erratic behavior could change that" (Fortune)
Harvard, JPMorgan, Stanford MBA, then Chief Sustainability Officer at 29 and CFO at 32
"Meritocracy" (the Michael Young definition) https://t.co/EQRy7lMMrM
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"The youngest CFO in the Fortune 500 was set up to run his family’s $21 billion chicken empire. His erratic behavior could change that" (Fortune)
Harvard, JPMorgan, Stanford MBA, then Chief Sustainability Officer at 29 and CFO at 32
"Meritocracy" (the Michael Young definition) https://t.co/EQRy7lMMrM
The youngest Fortune 500 CFO was set up to run his family’s $21 billion chicken empire. His erratic behavior (and multiple arrests) could change that https://t.co/T6dY74kJag tweet
AkhenOsiris
Ireland releases their PMI data at 1am local time.
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Ireland releases their PMI data at 1am local time.
IRELAND (JUL) AIB IRELAND PMI SERVICES ACTUAL: 53.6 VS 54.2 PREVIOUS - First Squawktweet
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Hidden Value Gems
Market sentiment seems to be cautious with 61% of respondents seeing the market as overvalued (vs 43% avg for 1998-2023).
Not in a bubble from this point of view. https://t.co/rvVQUcOCHi
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Market sentiment seems to be cautious with 61% of respondents seeing the market as overvalued (vs 43% avg for 1998-2023).
Not in a bubble from this point of view. https://t.co/rvVQUcOCHi
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Hidden Value Gems
RT @HiddenValueGems: $MSFT has seen the largest increase in Capex/Sales ratio in the past 10 years (now at 18% compared to 3% in 2014).
$AAPL Capex/Sales has actually declined over the same period (from 3% to 2%). https://t.co/83npeBxqn6
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RT @HiddenValueGems: $MSFT has seen the largest increase in Capex/Sales ratio in the past 10 years (now at 18% compared to 3% in 2014).
$AAPL Capex/Sales has actually declined over the same period (from 3% to 2%). https://t.co/83npeBxqn6
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Hidden Value Gems
Just saw this really interesting piece by Bridgewater Associates on the Top 10 companies in each decade and their subsequent performance.
One thing to note is that many stocks stayed in the Top10 for 30-40 years, so just becoming one of the largest companies doesn't mean it is a bad stock going forward.
More points below 🧵👇
1/10
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Just saw this really interesting piece by Bridgewater Associates on the Top 10 companies in each decade and their subsequent performance.
One thing to note is that many stocks stayed in the Top10 for 30-40 years, so just becoming one of the largest companies doesn't mean it is a bad stock going forward.
More points below 🧵👇
1/10
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Finding Compounders
Warren Buffett
“Avoid mindless imitation of peers. I never talk to brokers or analysts. You have to think for yourself.” https://t.co/jVhGlxDCgB
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Warren Buffett
“Avoid mindless imitation of peers. I never talk to brokers or analysts. You have to think for yourself.” https://t.co/jVhGlxDCgB
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Librarian Capital
Beware of people doing victory laps this week
Example: FT article saying Ruffer Investment Company's $RICA gained 4% "since the start of July", crediting bets on JPY, gold, etc.
What it doesn't say: RICA NAV gained just 0.4% YTD before "the start of July"; shares down 0.9% https://t.co/Ks0WdZwGB3
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Beware of people doing victory laps this week
Example: FT article saying Ruffer Investment Company's $RICA gained 4% "since the start of July", crediting bets on JPY, gold, etc.
What it doesn't say: RICA NAV gained just 0.4% YTD before "the start of July"; shares down 0.9% https://t.co/Ks0WdZwGB3
‘Wizard of Oz’ among big winners from market turmoil https://t.co/zOZ8cIuCvU tweet
Dimitry Nakhla | Babylon Capital®
“The focus of most investors differs from that of value investors. Most investors are primarily oriented toward return, how much they can make, and pay little attention to risk, how much they can lose.”
— Seth Klarman 🗣️
#stocks #investing
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“The focus of most investors differs from that of value investors. Most investors are primarily oriented toward return, how much they can make, and pay little attention to risk, how much they can lose.”
— Seth Klarman 🗣️
#stocks #investing
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