⁠Librarian Capital
Warren Buffett has sold more Bank of America $BAC

$BRK.B "sold $896m of the stock this week. That means total proceeds from share disposals since mid-July and dividends earned since 2011 have surpassed the $14.6bn" entry cost

Will soon fall below 10% disclosure threshold

Warren Buffett’s continued disposals of Bank of America shares have now covered the billionaire’s investment cost, leaving him with a more than $34 billion stake that’s pure profit https://t.co/TuP5t66gT1 - Bloomberg
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⁠Stock Analysis Compilation
Smithson on Inficon $IFCN SW

Inficon’s strong position in semiconductor and renewable energy markets, paired with geopolitical advantages, makes it a top contender for sustained growth

(Extract from their Q2 letter) https://t.co/MG95aoCP0Z
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⁠Librarian Capital
Example where tariffs didn't raise prices: US Whiskey

Brown-Forman $BF.B absorb cost of new tariffs after EU imposed these in retaliation vs. US tariffs on steel/alum.

FY19 Gross Margin fell 260 bps "due primarily to tariffs" https://t.co/CIoJbOIPs6
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⁠Dimitry Nakhla | Babylon Capital®
RT @DimitryNakhla: Having Trouble Finding Undervalued Quality Compounders w Market Near Highs❓

Here Are 7 Reasonably Valued Quality Stocks | P/E | EPS Growth Estimates | LTM ROIC 💸

💳 Visa $V
•NTM P/E: 27.24x
•10-Year Mean: 28.17x
•2024E: $9.92 (13.1% YoY)
•2025E: $11.07 (11.6% YoY)
•2026E: $12.54 (13.3% YoY)
•LTM ROIC: 35.7%

🖨️ ASML Holding $ASML
•NTM P/E: 29.39x
•10-Year Mean: 31.10x
•2024E: $18.83 (-5.4% YoY)
•2025E: $29.54 (56.9% YoY)
•2026E: $34.34 (16.3% YoY)
•LTM ROIC: 39.7%

💵 Mastercard $MA
•NTM P/E: 32.81x
•10-Year Mean: 31.42x
•2024E: $14.32 (16.8% YoY)
•2025E: $16.57 (15.7% YoY)
•2026E: $19.33 (16.7% YoY)
•LTM ROIC: 65.7%

✈️ Booking Holdings $BKNG
•NTM P/E: 21.78x
•10-Year Mean: 26.80x
•2024E: $174.59 (14.7% YoY)
•2025E: $200.86 (15.0% YoY)
•2026E: $235.73 (17.4% YoY)
•LTM ROIC: 48.4%

📦 Amazon $AMZN
•P/OCF: 18.13x
•10-Year Mean: 24.25x
•2024E: $11.20 (38.2% YoY)
•2025E: $13.22 (18.0% YoY)
•2026E: $16.53 (25.0% YoY)
•LTM ROIC: 13.8%

🖱️ Alphabet $GOOG $GOOGL
•NTM P/E: 19.96x
•10-Year Mean: 23.59x
•2024E: $7.64 (31.7% YoY)
•2025E: $8.71 (14.0% YoY)
•2026E: $10.02 (15.0% YoY)
•LTM ROIC: 30.9%

👜 Moët Hennessy Louis V $LVMH $MC
•NTM P/E: 19.43x
•10-Year Mean: 23.95x
•2024E: €29.71 (-2.0% YoY)
•2025E: €32.86 (10.6% YoY)
•2026E: €35.66 (8.5% YoY)
•LTM ROIC: 19.1%

#stocks #investing
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𝐃𝐈𝐒𝐂𝐋𝐎𝐒𝐔𝐑𝐄‼️: 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐍𝐎𝐓 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐀𝐝𝐯𝐢𝐜𝐞. 𝐁𝐚𝐛𝐲𝐥𝐨𝐧 𝐂𝐚𝐩𝐢𝐭𝐚𝐥® 𝐚𝐧𝐝 𝐢𝐭𝐬 𝐫𝐞𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐚𝐭𝐢𝐯𝐞𝐬 𝐦𝐚𝐲 𝐡𝐚𝐯𝐞 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐝𝐢𝐬𝐜𝐮𝐬𝐬𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐭𝐰𝐞𝐞𝐭.

𝐓𝐡𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐜𝐨𝐧𝐭𝐚𝐢𝐧𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐭𝐰𝐞𝐞𝐭 𝐢𝐬 𝐢𝐧𝐭𝐞𝐧𝐝𝐞𝐝 𝐟𝐨𝐫 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐩𝐮𝐫𝐩𝐨𝐬𝐞𝐬 𝐨𝐧𝐥𝐲 𝐚𝐧𝐝 𝐬𝐡𝐨𝐮𝐥𝐝 𝐧𝐨𝐭 𝐛𝐞 𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐞𝐝 𝐚𝐬 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐚𝐝𝐯𝐢𝐜𝐞 𝐭𝐨 𝐦𝐞𝐞𝐭 𝐭𝐡𝐞 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐧𝐞𝐞𝐝𝐬 𝐨𝐟 𝐚𝐧𝐲 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥 𝐨𝐫 𝐬𝐢𝐭𝐮𝐚𝐭𝐢𝐨𝐧. 𝐏𝐚𝐬𝐭 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐢𝐬 𝐧𝐨 𝐠𝐮𝐚𝐫𝐚𝐧𝐭𝐞𝐞 𝐨𝐟 𝐟𝐮𝐭𝐮𝐫𝐞 𝐫𝐞𝐬𝐮𝐥𝐭𝐬.

𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐜𝐨𝐧𝐭𝐚𝐢𝐧𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐭𝐰𝐞𝐞𝐭 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝐨𝐛𝐭𝐚𝐢𝐧𝐞𝐝 𝐟𝐫𝐨𝐦 𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞𝐝 𝐭𝐨 𝐛𝐞 𝐫𝐞𝐥𝐢𝐚𝐛𝐥𝐞, 𝐛𝐮𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐠𝐮𝐚𝐫𝐚𝐧𝐭𝐞𝐞𝐝 𝐚𝐬 𝐭𝐨 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐧𝐞𝐬𝐬 𝐨𝐫 𝐚𝐜𝐜𝐮𝐫𝐚𝐜𝐲.
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⁠Stock Analysis Compilation
VGI Partners on DSM-Firmenich $DSFIR NA

DSM-Firmenich’s transformation into a high value-add Flavours & Fragrances leader, with significant margin improvement, offers strong upside potential as the market recognizes its true value

(Extract from their Q2 letter) https://t.co/GLVPx3cNRa
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⁠Librarian Capital
"The Great Beanie Baby Bubble" by Zac Bissonnette

Great read on fascinating piece of financial history

A reminder of how asset prices can be totally nonsensical, especially in markets with unsophisticated retail investors and low transaction sizes

https://t.co/fhK5EVit5d https://t.co/hchXJtvigk
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⁠Hidden Value Gems
Amazing how luxury boutiques are now creating artificial queues/lines for people to enter. Scarcity as part of the core strategy.

Was just passing New Bond Street. Hermes had the longest line. No one at Louis Vuitton …

I wonder how many items are on waitlists now… https://t.co/428FOoHgbP
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⁠App Economy Insights
$SPOT Spotify is near a new all-time high.

But there is a catch!

📊 Q2 visualized.
🎧 Subscriber trends.
📈 Margin improvements.
https://t.co/e4pgaQGWIz
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AkhenOsiris
Remarkable, Puru hedged here
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AkhenOsiris
$NVDA commentary from Fubon

There seems to be some additional delays in $NVDA B200 server. From Fubon:

"Based on our latest discussion with the supply chain, nVidia B200 is pushed out due to low yield in the CoWoS-L packaging process. This will delay the delivery schedule of GB200 rack system to 1Q25."

No idea how impactful this is, but worth noting imo. - Dr Vinnie Boombatz
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