Offshore
Photo
Stock Analysis Compilation
Heartland Advisors on Centrus Energy $LEU US
Thesis: Centrus Energy’s unique position as a licensed uranium supplier and its strong balance sheet support its potential for long-term growth in clean energy
(Extract from their Q3 letter) https://t.co/l4k46USwqE
tweet
Heartland Advisors on Centrus Energy $LEU US
Thesis: Centrus Energy’s unique position as a licensed uranium supplier and its strong balance sheet support its potential for long-term growth in clean energy
(Extract from their Q3 letter) https://t.co/l4k46USwqE
tweet
Offshore
Video
Startup Archive
RT @lulumeservey: The most basic skill of every great founder is convincing people to care
“You are going to be convincing employees to join you. You’re going to be convincing investors to invest in you. When you get to the point where you’re doing deals with bigger companies, you have to convince them. Your whole world is convincing people, and so you have to be able to communicate your idea and convince people why they should care about you more than any of the other hundreds of startups out there.”
tweet
RT @lulumeservey: The most basic skill of every great founder is convincing people to care
“You are going to be convincing employees to join you. You’re going to be convincing investors to invest in you. When you get to the point where you’re doing deals with bigger companies, you have to convince them. Your whole world is convincing people, and so you have to be able to communicate your idea and convince people why they should care about you more than any of the other hundreds of startups out there.”
Jessica Livingston on investing in Stripe when the Collison Brothers were teenagers
Jessica reflects on a 19-year old Patrick Collison telling her and the other co-founders of Y Combinator that he wanted to take on the financial industry with his younger brother John.
“We were like, ‘Do you realize how hard this is? And you don’t have connections.’ But they were intrepid. They were like, ‘Well, we don’t have connections, but we’ll find connections.’”
She recalls their determination and focus:
“You think the head of a bank is going to take a 19-year old startup founder seriously? It seems pretty implausible, right? But they were good enough that they were able to convince these banks to work with them.”
Determination, Jessica argues, is “by far the most important quality. More than intelligence. More than previous success in school.” When she co-founded Y Combinator, the hypothesis was that they’d just fund all the best hackers from MIT and Harvard and they’d turn out to be great startup founders. But that turned out to not be true.
“Determination is the most important thing. Understanding your users and building a product with a great user experience is second most important.”
Jessica also believes being flexible minded is very important:
“You have this idea, you test it out, and it doesn’t always work the first time. You have to be able to say, ‘Okay, I thought I was going to do this, but let’s try this, even though I have a lot of energy vested in this, let’s try this direction. You really have to be open minded.”
And then you have to be convincing and a good leader:
“You are going to be convincing employees to join you. You’re going to be convincing investors to invest in you. When you get to the point where you’re doing deals with bigger companies, you have to convince them. Your whole world is convincing people, and so you have to be able to communicate your idea and convince people why they should care about you more than any of the other hundreds of startups out there.”
Video source: @ycombinator (2016) tweet
Quiver Quantitative
RT @InsiderRadar: 🚨BREAKING: New Insider Purchase
A director of $NKE has reported the purchase of ~$191K of the company's stock, increasing his ownership stake by 9%.
This is the first insider buy we have seen from this director in over 2 years.
tweet
RT @InsiderRadar: 🚨BREAKING: New Insider Purchase
A director of $NKE has reported the purchase of ~$191K of the company's stock, increasing his ownership stake by 9%.
This is the first insider buy we have seen from this director in over 2 years.
tweet
Offshore
Photo
Capital Employed
40 ‘fresh-off-the-press’ stock pitches we’ve enjoyed reading in the past two weeks…👇
https://t.co/RxS6KcsSGL https://t.co/qajCPC7Ckl
tweet
40 ‘fresh-off-the-press’ stock pitches we’ve enjoyed reading in the past two weeks…👇
https://t.co/RxS6KcsSGL https://t.co/qajCPC7Ckl
tweet
InsideArbitrage
$QFIN Share Repurchase Update - Completes its 2024 Share Repurchase Plan
The company had utilized all of the total authorized value under the March share repurchase plan. The company purchased 15.1 million ADSs in the open market for a total amount of~$350 million at an average price of $23.14 per ADS
tweet
$QFIN Share Repurchase Update - Completes its 2024 Share Repurchase Plan
The company had utilized all of the total authorized value under the March share repurchase plan. The company purchased 15.1 million ADSs in the open market for a total amount of~$350 million at an average price of $23.14 per ADS
tweet
Offshore
Photo
InsideArbitrage
RT @dividendology: A Dividend King is a company that has increased its dividends for at least 50 consecutive years.
There were 2 new additions to this list in 2024:
- $ADP
- $ED
And 3 companies were removed:
- $MMM
- $LEG
- $WBA
You can see the full list of 2025 Dividend Kings here: https://t.co/Vc2ybSmckx
tweet
RT @dividendology: A Dividend King is a company that has increased its dividends for at least 50 consecutive years.
There were 2 new additions to this list in 2024:
- $ADP
- $ED
And 3 companies were removed:
- $MMM
- $LEG
- $WBA
You can see the full list of 2025 Dividend Kings here: https://t.co/Vc2ybSmckx
tweet
Offshore
Video
Startup Archive
Scale AI CEO Alexandr Wang explains his “MEI” hiring policy
In June of 2024, Alexandr announced a new hiring policy called MEI, which stands for merit, excellence, and intelligence.
“The basic idea is in every role we’re going to hire the best possible person, regardless of their demographics. And we’re not going to do any sort of quota-based optimization of our workforce to meet certain demographic targets.”
He continues:
“That doesn’t mean we don’t care about diversity. We actually care about having diverse pipelines and diverse top-of-funnel for all of our roles. But at the end of the day, the best, most capable person for every job is going to be the one that we hire.”
Alexandr acknowledges that this was mildly controversial, and there are legitimate questions about how much social responsibility companies should bear. But overall his philosophy seems to echo the ideas popularized by Coinbase founder Brian Armstrong of building a “mission-focused company.” Brian put it this way in a 2020 blog post:
“It has become common for Silicon Valley companies to engage in a wide variety of social activism, even those unrelated to what the company does, and there are certainly employees who really want this in the company they work for. So why have we decided to take a different approach? The reason is that while I think these efforts are well intentioned, they have the potential to destroy a lot of value at most companies, both by being a distraction, and by creating internal division. […] Even if we all agree that something is a problem, we may not agree on how to actually go solve it […] Change happens in the world only when a smart, talented, group of people come together to focus on a hard problem for a decade or more. Many companies never stand the test of time, because they decide to dabble in unrelated efforts, and distract and divide their workforce in the process. Paradoxically, by being laser focused on our mission, we will likely have an even greater impact on the world, through our products and growing customer base.”
Video source: @a16z (2024)
tweet
Scale AI CEO Alexandr Wang explains his “MEI” hiring policy
In June of 2024, Alexandr announced a new hiring policy called MEI, which stands for merit, excellence, and intelligence.
“The basic idea is in every role we’re going to hire the best possible person, regardless of their demographics. And we’re not going to do any sort of quota-based optimization of our workforce to meet certain demographic targets.”
He continues:
“That doesn’t mean we don’t care about diversity. We actually care about having diverse pipelines and diverse top-of-funnel for all of our roles. But at the end of the day, the best, most capable person for every job is going to be the one that we hire.”
Alexandr acknowledges that this was mildly controversial, and there are legitimate questions about how much social responsibility companies should bear. But overall his philosophy seems to echo the ideas popularized by Coinbase founder Brian Armstrong of building a “mission-focused company.” Brian put it this way in a 2020 blog post:
“It has become common for Silicon Valley companies to engage in a wide variety of social activism, even those unrelated to what the company does, and there are certainly employees who really want this in the company they work for. So why have we decided to take a different approach? The reason is that while I think these efforts are well intentioned, they have the potential to destroy a lot of value at most companies, both by being a distraction, and by creating internal division. […] Even if we all agree that something is a problem, we may not agree on how to actually go solve it […] Change happens in the world only when a smart, talented, group of people come together to focus on a hard problem for a decade or more. Many companies never stand the test of time, because they decide to dabble in unrelated efforts, and distract and divide their workforce in the process. Paradoxically, by being laser focused on our mission, we will likely have an even greater impact on the world, through our products and growing customer base.”
Video source: @a16z (2024)
tweet
Offshore
Photo
Stock Analysis Compilation
Diamond Hill on Builders FirstSource $BLDR US
Thesis: BFS is capitalizing on strong housing demand and innovative digital solutions to grow market share and deliver shareholder value
(Extract from their Q3 letter) https://t.co/7p1dm4Gyl1
tweet
Diamond Hill on Builders FirstSource $BLDR US
Thesis: BFS is capitalizing on strong housing demand and innovative digital solutions to grow market share and deliver shareholder value
(Extract from their Q3 letter) https://t.co/7p1dm4Gyl1
tweet
Offshore
Video
Quiver Quantitative
We’ve been writing code to track politicians’ portfolios.
Here’s an update: https://t.co/EsqF9VX7yU
tweet
We’ve been writing code to track politicians’ portfolios.
Here’s an update: https://t.co/EsqF9VX7yU
tweet