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Librarian Capital
Lowe's $LOW share price has risen ~20% since Feb-24, when Pershing Square disclosed their exit
This is not a criticism of $PSH $PSUS, but an example of how hard timing the market is
There is also opportunity cost; one can sell a good stock to buy an even better one
cc: $HD https://t.co/i3U7hroXtV
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Lowe's $LOW share price has risen ~20% since Feb-24, when Pershing Square disclosed their exit
This is not a criticism of $PSH $PSUS, but an example of how hard timing the market is
There is also opportunity cost; one can sell a good stock to buy an even better one
cc: $HD https://t.co/i3U7hroXtV
$PSH on Lowes $LOW exit:
"Uncertain near-term earnings trajectory"
"Volatile near-term industry conditions present a wider band of uncertainty and additional downside risk to same-store sales"
"Less “low-hanging fruit” today to offset potential revenue declines https://t.co/DHXYYToKHA tweet
Alex Bilzerian
RT @EGHaug: @fluxtheorist “But this random paper shows a there’s some theoretical application” except there are many papers and even whole books on the topic...
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RT @EGHaug: @fluxtheorist “But this random paper shows a there’s some theoretical application” except there are many papers and even whole books on the topic...
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Librarian Capital
Jonathan Ruffer $RICA on the Yen last October (7-Oct)
"We have a big position in the yen ... When (technical reasons) dissipate ... it is likely to be concertinaed into a brisk uncontrollable move upwards"
Yen actually kept falling for another 10 months
It is still 4% lower y/y https://t.co/JGBao9tFgz
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Jonathan Ruffer $RICA on the Yen last October (7-Oct)
"We have a big position in the yen ... When (technical reasons) dissipate ... it is likely to be concertinaed into a brisk uncontrollable move upwards"
Yen actually kept falling for another 10 months
It is still 4% lower y/y https://t.co/JGBao9tFgz
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Librarian Capital
"Skin in the game" at Ruffer Investment Co. $RICA
Manager 1 owns 58.1k shares - just £161k
Manager 2 owns 15k shares - £42k
These numbers are peanuts in City terms
Numbers unchanged from Dec-23, despite share price at multi-year lows
The fund is for thee but not for me https://t.co/NwmrrxLLJL
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"Skin in the game" at Ruffer Investment Co. $RICA
Manager 1 owns 58.1k shares - just £161k
Manager 2 owns 15k shares - £42k
These numbers are peanuts in City terms
Numbers unchanged from Dec-23, despite share price at multi-year lows
The fund is for thee but not for me https://t.co/NwmrrxLLJL
"Skin in the game" at Ruffer Investment Co. $RICA
Manager 1 owns 58.1k shares - that's just £153k
Manager 2 owns 15k shares - £40k (was zero in Jun)
Manager 1 in his 40s and has been at Ruffer since 2012
By all accounts they pay well
The fund is for thee but not for me ... https://t.co/4xJOmKcZsr tweet
Alex Bilzerian
RT @matterasmachine: @AD14367367 @alexbilz You can view speed as probability of motion from 0 to 1 where 1=C
In that case motion in opposite direction you can view as negative probability.
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RT @matterasmachine: @AD14367367 @alexbilz You can view speed as probability of motion from 0 to 1 where 1=C
In that case motion in opposite direction you can view as negative probability.
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Alex Bilzerian
I just hate to look at this in a math mindset.
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I just hate to look at this in a math mindset.
@martinmbauer https://t.co/HFYBZPJ4SQ tweet
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Stock Analysis Compilation
Artemis on National Grid’s $NG/ LN
Thesis: National Grid's strategic investments in the energy transition make it a solid long-term play, with regulatory support driving its expansion in electricity infrastructure
(Extract from their Q2 letter) https://t.co/nTlw2A6wdv
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Artemis on National Grid’s $NG/ LN
Thesis: National Grid's strategic investments in the energy transition make it a solid long-term play, with regulatory support driving its expansion in electricity infrastructure
(Extract from their Q2 letter) https://t.co/nTlw2A6wdv
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Librarian Capital
AT&T $T selling 70% interest in DirecTV $DTV to TPG
$7.6bn, in separate payments in 2024, 2025, 2029
DirecTV operated as a AT&T/TPG JV since 2021
DirecTV reportedly in merger talks with $SATS's Dish https://t.co/LNNUFILehe
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AT&T $T selling 70% interest in DirecTV $DTV to TPG
$7.6bn, in separate payments in 2024, 2025, 2029
DirecTV operated as a AT&T/TPG JV since 2021
DirecTV reportedly in merger talks with $SATS's Dish https://t.co/LNNUFILehe
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Capital Employed
We always enjoying reading write-ups from @david_katunaric
Credit Bureau Asia $TCU.SI is David's latest.
A provider of credit and risk information solutions in Southeast Asia.
Full write-up... 🔻
https://t.co/ZzxQNvTVh3
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We always enjoying reading write-ups from @david_katunaric
Credit Bureau Asia $TCU.SI is David's latest.
A provider of credit and risk information solutions in Southeast Asia.
Full write-up... 🔻
https://t.co/ZzxQNvTVh3
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Librarian Capital
We removed Rightmove $RMV from our model portfolio* as we didn't think $REA bid would succeed (5-Sep)**
"Few synergies"
"Several large long-term shareholders"
* Later & lower price than real life as letter is monthly
** We didn't think REA will even bid, let alone 4 times https://t.co/XmXAiLk6Pn
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We removed Rightmove $RMV from our model portfolio* as we didn't think $REA bid would succeed (5-Sep)**
"Few synergies"
"Several large long-term shareholders"
* Later & lower price than real life as letter is monthly
** We didn't think REA will even bid, let alone 4 times https://t.co/XmXAiLk6Pn
"Monthly Ranked Top Buys - Aug/Sep 2024"
Model portfolio now gained +40.0% since start of 2023
We replace one holding and resize others
Includes recap of Q2 results & key news for all holdings
https://t.co/EFzcw1UjK6 https://t.co/9LCKEorcBm tweet