⁠Librarian Capital
US Spirits: NABCA Control States data - Aug-24
4 fewer trading days y/y

Volume (9L cases): -2.2%

Value (shelf $): -1.9%, incl:
Brandy/Cognac -10.6%
Cocktails +15.2%
Tequila +4.8%
Scotch -1.3% (volume +1.4%, NH gift card progam)

cc: $DGE $BF.B https://t.co/NiidUWuudW
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⁠Librarian Capital
Tesco $TSCO FY25H1

UK Retail sales +4.0% LfL, market share +62bps (27.8%)
Volume-driven growth; UK Food sales +4.9%
"Invested further" in lower prices, seasoal promotions

Booker sales -1.9% LfL
"Continuing decline" in Tobacco, fast-food weakness

UK & ROI Adj. EBIT +10.0% in £ https://t.co/JMsNRFUFfk
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⁠Librarian Capital
Tesco $TSCO FY25H1

UK Retail sales +4.0% LfL, market share +62bps (27.8%)
Volume-driven growth; UK Food sales +4.9%
"Invested further" in lower prices, seasonal promos

Booker sales -1.9% LfL
"Continuing decline" in Tobacco, fast-food weakness

UK & ROI Adj. EBIT +10.0% in £ https://t.co/hb746WoAH7
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⁠Alex Bilzerian
RT @DeryaTR_: Hey Gary @GaryMarcus, do you want to concede on our bet? 😊 Just admitting that you were wrong would be enough 😎

Alternatively, we could raise it 10x — I’m in! 😇 https://t.co/QQsvM5BCTs
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⁠Alex Bilzerian
RT @BobbyGRG: @DeryaTR_ @GaryMarcus what now!? just stick to ambiguous bets Gary! Clear-cut ones aren't your strength.
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⁠Alex Bilzerian
RT @alexbilz: 'A Favorable Side Bet in Nevada Baccarat' — Ed Thorp & Walden: https://t.co/l9nYQBB6xC https://t.co/7g0NdA69J7
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⁠Stock Analysis Compilation
Hardman Johnston on UCB $UCB BB

Thesis: UCB’s underappreciated pipeline, including the standout Bimzelx, offers significant upside as investors realize the full potential of its product launches.

(Extract from their Q2 letter) https://t.co/i0foRDZA6z
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⁠Alex Bilzerian
$50k hands of baccarat are not uncommon in Macau.

I saw an ad for a tenure track position asking for PhD level applicants paying $50k. I don't care where your college is located, that is SHAMEFUL.

$50k for someone with that much education is shamefully underpaying your faculty and taking advantage of desperation for TT jobs - Dr Lauren Robinson 🐺🐒
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⁠Alex Bilzerian
On the Māori education system: https://t.co/hUthjZrhfx

A group of New Zealand academics argue that modern science is deficient in comparison to indigenous ways of knowing because "truth is both fact and value-laden", and the latter embrace an ethical view of facts. This is a disaster for science education.

https://t.co/B8Geoyl1RA https://t.co/BwXcvm3oDu - Jerry Coyne
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⁠Alex Bilzerian
Why is this a "disaster"? @Evolutionistrue

Interesting https://t.co/Sf9kagr0HO - Alex Bilzerian
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