⁠Stock Analysis Compilation
Diamond Hill on Magnolia Oil & Gas $MGY US

Thesis: Magnolia Oil & Gas’s low-cost structure and strong management team make it a solid, lower-risk play on rising commodity prices

(Extract from their Q2 letter) https://t.co/pX9kYum5uD
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⁠Stock Analysis Compilation
Diamond Hill on VeriSign $VRSN US

Thesis: VeriSign’s dominant market position and high switching costs make it a compelling long-term play in internet infrastructure

(Extract from their Q2 letter) https://t.co/G4OOgVu0af
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⁠Librarian Capital
RT @guardian: Trump campaign worked with Musk’s X to keep leaked JD Vance file off platform https://t.co/zGIl0YzthK
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⁠Investing visuals
Show this visual to everyone who is not (yet) investing👇 https://t.co/C1kB41pG88
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⁠Stock Analysis Compilation
Clearbridge on Parkland $PKI CN

Thesis: Parkland’s competitive advantage in constrained fuel markets and its shift toward debt reduction and shareholder returns create a solid growth story

(Extract from their Q2 letter) https://t.co/3qEVcGJv7P
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⁠Stock Analysis Compilation
Clearbridge on ELF $ELF US

Thesis: ELF’s ability to scale globally and its innovative products make it a strong contender in the cosmetics industry.

(Extract from their Q2 letter) https://t.co/qHxC3rmFaU
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⁠Librarian Capital
Ulta Beauty $ULTA ROCE was at 40%+ last 3 years

But ROCE is an output and a lagging indicator

And a high ROCE will also means it is worthwhile for competitors to expand even if they are less efficient

This is exactly what has been happening https://t.co/HbUdEkCQsN

"Ulta Beauty: At the Wrong Side of a Capital Cycle"

We review this Q2 Berkshire Hathaway $BRK.B investment ahead of next week’s investor day

$ULTA shares are back to 2022 levels

https://t.co/TRRyrLDXd8 https://t.co/gLMPZtT4cJ - Librarian Capital
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⁠Capital Employed
A load more Q3 letters were added over the weekend.

A treasure trove of ideas and insights... 👇

https://t.co/z8VTurKKQI https://t.co/O2qOIM2TVn
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⁠Capital Employed
Another bull case for Alico $ALCO 🍊

@david_katunaric and @uv_shares have both done good write-ups on Alico too, both worth checking out.

New Investment Idea: Long Alico $ALCO
Favorable Contract Repricing and Real Estate Strategy to Unlock Value
- Tropicana Contract Repricing Alone will Contribute to a 24% Increase in FY '25 Citrus Revenue
- Majority of ALCO’s Value to be Realized Through Execution of Non-Core Land Sales with $84.9M to be Realized in the Near-Term
Free Upside: Volume Recovery From Efficacy of Oxytetracycline (OTC) Treatments and Ramp Up in Tree Count

One pager attached. - Northeastern University Student Value Fund
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