⁠Librarian Capital
It's been ~1 year since Diageo's $DGE Scotch day*

Scotch had value CAGR of ~5% in 2016-21, ahead of TBA

Since then Diageo had reported Scotch organic net sales of +29% in FY22, +12% in FY23, -10% in FY24

* Jun-23; section on LAC growth was unfortunate given later events https://t.co/6JNFTxEDak
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⁠Stock Analysis Compilation
Hedge funds' best ideas #12 is in your inbox 🔥
(link below)
Artemis / Artisan Partners / Bilbel Capital / Harding Loevner / Harris Associates / Hayden Capital / Horizon Kinetics / Impact AM / Langdon / Madison Funds / Marlton Partners / Orbis / Patient Capital Management / Pender Fund / Perritt Capital / River Oaks Capital / Rowan Street / RS Investments / Silver Beech / Southernsun / The London Company
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⁠Quiver Quantitative
BREAKING: Representative Michael Burgess has sold up to $100K of Illumina stock, $ILMN, this month.

Illumina is a biotech company.

Burgess is a former doctor, and sits on a House Subcommittee on Health. https://t.co/rjTZcxBfPr
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⁠Librarian Capital
Diageo $DGE has been long-time holding at Lindsell Train; also at Fundsmith until they sold in Aug-24

During COVID, EPS c. halved in FY20, before rebounding from FY21 onwards

EPS was 130.1p in FY19, peaked at 164.4p in FY23
Shares at 4,036p at 2021YE, 31x FY19 EPS

#NeverSell? https://t.co/7nR7kseniG
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⁠Investing visuals
Portfolio Update - September 2024🌟
🔹Tech portfolio performance +3.1%
🔹Nasdaq $QQQ +2.2%

More details below👇
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⁠Investing visuals
Palantir $PLTR celebrated its 4th anniversary as a listed company yesterday 🥳

What happened since:
🔹 Joined the S&P 500
🔹 Hosted 5 AIPcons
🔹 Grew from 125 to ~600 customers
🔹 Revenue up from $1.1B to $2.5B
🔹 FCF from -$1B to +$0.4B
🔹 Stock price up +272%

Impressive.
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⁠Capital Employed
We're big fans of Tony Deden.

He doesn't do many interviews so this was a rare treat and a great conversation with him and @iancassel

Well worth a read... 👇

https://t.co/tKIg1jRuvG
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⁠Ahmad Jivraj
tech pricing = deflationary

If you add the current 4o-mini pricing to the chart, the drop in token pricing is 99.7% over last 18 months!

For everyone nervous about the real-time audio pricing being ~$120 / 1m tokens, take comfort in the below chart. This price will undoubtedly come down significantly! https://t.co/gmti8XHVHu - Jamin Ball
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⁠Librarian Capital
Elon Musk made Jack Dorsey a secret promise at the Twitter buyout to get Dorsey to roll his 2.4% stake

Musk promised to buy Dorsey out at the takeover price of $54.20 if Dorsey were to need it

With Twitter valuation now down ~80%, would Musk fulfill his promise at some point?
- Yes
- No
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⁠Alex Bilzerian
RT @mikeharrisNY: New S@bst@ck article: Negative probability: Does it exist? Link in bio. 👇 https://t.co/TvNE6cKI41
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⁠Alex Bilzerian
Bullshit trading? https://t.co/OXHG7yKnAI
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