⁠App Economy Insights
$NU Nu Holdings Q2 FY24.

• Customers +25% Y/Y to 105M.
• Purchase volume +29% Y/Y FXN to $31B.
• Deposits +64% Y/Y FXN to $25B.
• ARPAC +30% Y/Y FXN to $11.2.
• Revenue +52% Y/Y to $2.8B ($10M miss).
• Net income $487M. https://t.co/BrIwkI33ba
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⁠Quiver Quantitative
BREAKING: The DOJ is reportedly considering breaking up Google.

$GOOGL is Nancy Pelosi's second largest stock holding, per our estimates.

She holds around $18M of it.
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⁠Stock Analysis Compilation
Loomis Sayles on SiteOne $SITE US

Thesis: SiteOne Landscape is poised to return to solid revenue growth and expanding margins as deflationary pressures ease

(Extract from their Q2 letter) https://t.co/RAnhXoMCTZ
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⁠Librarian Capital
JAB Holding: "Peter Harf and Olivier Goudet became billionaires while managing the Reimanns’ money. The family would have done better if they’d put their wealth in a low-cost index fund" (Bloomberg) https://t.co/zJxtjjUTMs

Advisers to one of the world’s richest families made gutsy bets on consumer brands. They made 10-figure fortunes while the family missed out on billions https://t.co/FxLgcUFtM8 - Bloomberg
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⁠Quiver Quantitative
I've been writing code to track campaign contributions.

Here are the companies who have given the most to Kamala Harris and Donald Trump's campaigns.

Google, $GOOGL, executives and employees have donated the most so far. https://t.co/VF7HqDJBtD
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⁠Capital Employed
New Best Stock Pitches newsletter dropping tomorrow.

Over 30 interesting write-ups to chew through.

Sign-up below 👇

https://t.co/jEccgMyfbM
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⁠Librarian Capital
"Is there a bubble waiting to burst in India?" (FT)

"There’s been this real surge of interest over the last few years ... And that’s really pushing the whole broad range of equities right to skyrocketing levels"

cc: $BATS $BTI re $ITC stake
https://t.co/qx4kwGfwFS
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⁠Librarian Capital
TIL $JPM president Daniel Pinto was one of the army conscripts sent to the Falklands during the 1982 conflict

FT article referred to him as a Falklands veteran
https://t.co/HCQlIyPsG4

Brunswick interview referred to his conscript status
https://t.co/7Icn3lHzWb https://t.co/sRovbNrhAx

"The Battle for the Falklands" (Max Hastings, Simon Jenkins) was a great holiday read

https://t.co/RecLkGUqE2

Studies of war worth reading for insights on human behaviour, decision-making & organisation alone

Most of Hastings' books are currently free w/ @audibleuk membership https://t.co/9LvAKezO2n - Librarian Capital
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⁠Librarian Capital
Aviva $AV 24H1 - UK Personal Lines highlights

GWP +30% y/y
"Continued strong growth in Aviva Zero and price comparison website new business", "strong pricing"

Undiscounted COR 96.5% (1.4 ppt better y/y)
"Strong pricing actions taken in 2023", "strong trading"

$ADM results Thu https://t.co/869xXKqFpg
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⁠Hidden Value Gems
George Soros on position sizing 👇🏼

Quote of the day #65 https://t.co/j7I0ANDo3h
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