⁠Stock Analysis Compilation
Silver Ring Value Partners on International Game Technology $IGT US

Thesis: IGT's stable lottery business, significant cash reserves, and attractive dividend yield offer a compelling undervalued opportunity, with limited downside risk.

(Extract from their Q2 letter) https://t.co/LEGLW1C4Qi
tweet

⁠Stock Analysis Compilation
Hedge funds' best ideas #13 is in your inbox 🔥
(link below)
Artemis Finds / Artisan Partners / Bonsai Partners / Broyhill AM / Clearbridge / Cooper Investors / Guinness GI / Harding Loevner / Hardman Johnston / Harris Associates / McElvaine Value Fund / Orbis / Pender / TCW / Third Point / YCG Investments
tweet

⁠App Economy Insights
💣 US DOJ considers a Google break-up.

🚫 Limiting default search deals
🤖 Restrictions on AI-related products
🔓 Opening up APIs and ranking signals
🔎 Splitting Chrome and Android from Search

$GOOG We cover the possible impact here.👇
https://t.co/vcMGNBzlPM
tweet

⁠Librarian Capital
Your periodic reminder that posting your stockpicks (and going on podcasts) can be harmful to returns

Nick Sleep: "Evangelism is not healthy"

An investor doing so may "subconsciously rob himself of his objectivity and the option to change his mind"

(Nomad letters, 2004)

PS. Why talking abut stock picks is bad. "Evangelism is not healthy". "In publicly disclosing his stock picking commitments, does the investemnt mgmr. subtly and no doubt subconsciously rob himself of objectivity and the option to change his mind?". Nick Sleep won't like FinTwit! https://t.co/HqEr5YBIt8 - Librarian Capital
tweet

⁠Librarian Capital
Arthur Gallagher $AJG - look at that straight line ... https://t.co/oJK5Lh747T
tweet

⁠Stock Analysis Compilation
Clearbridge on Element Fleet $EFN CN

Thesis: Element Fleet's capital-light model and strong earnings growth potential make it a robust play in the fleet management space.

(Extract from their Q2 letter) https://t.co/8O8vIENjqB
tweet

⁠App Economy Insights
Teens Survey by Piper Sandlers (Fall 2024):

👫 14K US teens surveyed
💰 Spending up 6% Y/Y

Insights:
📱 87% own an iPhone
👟 Nike shed 4pp in footwear
🤳 TikTok's lead expands +2pp
🍗 Chick-fil-A tops restaurants
🍿 Netflix & YouTube still far ahead https://t.co/NGhO42YTMu
tweet

⁠Quiver Quantitative
RT @InsiderRadar: 🚨Major gains on insider purchases by director at $RNAC

🔹 Oct 2: ~$95.8k purchase
🔹 Oct 3: ~$2.4M purchase
🔹 Oct 4: ~$1.83M purchase

📈 $RNAC stock is up ~34% since the buying started https://t.co/tasVnmGSWI
tweet

⁠Hidden Value Gems
Vulcan Value Partners: 3 new positions in Q3 '24 - $LVMUY $EG $PGHN.SW

🧵👇🏽

"LVMH is the largest luxury goods manufacturer in the world. It benefits from brand equity curated over decades with high quality, exclusive products that are instantly recognisable to consumers worldwide. LVMH owns a global portfolio of 75 luxury brands across various categories such as fashion, jewelry, wines and spirits, cosmetics, watches, and other goods."

"LVMH’s founder and CEO, Bernard Arnault, has operated the business with a long-term mindset that should endure long past his tenure."

"After several years of above-trend growth, LVMH’s sales growth has slowed, and we believe its profits will decline marginally this year. We believe the company can compound its value at a low double-digit rate over our long-term time horizon."

"We have owned LVMH in the past, and recent stock price volatility has allowed us to buy this wonderful business with a margin of safety to our estimate of intrinsic value."

1/3
tweet