The Few Bets That Matter
Portfolio today.
Up 18% YTD.

$TMDX
$MSTR
$BABA
$ALAB
$PATH
$NBIS

I continue to hold on my risk assets but will make modifications depending on how the market reacts to the coming earnings season.

Watchlist.
$UPS
$NVO
$VG
$SWBI
& more https://t.co/gnhOWbcZI0
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Fiscal.ai
“Our culture of relentless innovation fuels not only growth, but also continuous improvements in our processes and margins."

- Coupang CEO, Bom Suk Kim

$CPNG https://t.co/x64izCHu5g
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God of Prompt
clawdbot is exploding on google trends

mac mini is catching up fast

the new gold rush is here https://t.co/pLYO35pd6W

https://t.co/unM855Crkr - God of Prompt
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God of Prompt
don't just bookmark this for later

it's a sunday, you can spare 30 mins and set it up

your future self will thank you

https://t.co/unM855Crkr - God of Prompt
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God of Prompt
RT @godofprompt: Bad prompts = bad results.
Good prompts = good results.
Great prompts = life-changing results.

These 4 frameworks create great prompts every time.

Your AI breakthrough starts here (Steal the frameworks):
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God of Prompt
brb buying the new gold https://t.co/QYvDf6MlPK

https://t.co/unM855Crkr - God of Prompt
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Dimitry Nakhla | Babylon Capital®
RT @DimitryNakhla: 15 Quality Stocks With >40% Incremental Operating Margins (LTM) 💸

In other words: every $1.00 in 𝐍𝐞𝐰 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 in LTM turned into >$0.40 in 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐏𝐫𝐨𝐟𝐢𝐭

1. $GE 43%
2. $NFLX 47%
3. $LRCX 49%
4. $NVDA 53%
5. $ASML 53%
6. $MCO 55%
7. $MSFT 58%
8. $META 59%
9. $TSM 65%
10. $MA 66%
11. $MU 69%
12. $HWM 69%
13. $FICO 70%
14. $TDG 71%
15. $SPGI 76%

Chris Hohn, founder of TCI, views high incremental margins as one of the strongest signals of a company’s moat & pricing power💸

Incremental operating margin tells you how much additional operating income a business generates for every additional $1 of revenue.

Here’s how to calculate it:

Pick two periods (Year 1 → Year 2)

Year 1 Revenue: $10B
Year 2 Revenue: $12B
Δ 𝐂𝐡𝐚𝐧𝐠𝐞: $𝟐𝐁

Year 1 Operating Income: $2B
Year 2 Operating Income: $3B
Δ 𝐂𝐡𝐚𝐧𝐠𝐞: $𝟏𝐁

𝐈𝐧𝐜𝐫𝐞𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐠𝐢𝐧 = Δ 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐈𝐧𝐜𝐨𝐦𝐞 / Δ 𝐑𝐞𝐯𝐞𝐧𝐮𝐞

So: $1B / $2B = 50%

𝘔𝘦𝘢𝘯𝘪𝘯𝘨: 50 cents of every new $1 of revenue fell to operating profit.
___

Why this matters: High incremental margins usually signal low incremental costs, pricing power, & structural operating leverage — the traits that allow a great business to compound faster as it scales. It’s one of the cleanest ways to see whether a company’s moat is strengthening & efficiently scaling.

I’ve included 4 high-quality stocks with their incremental operating margins since 2021 for further example 👇🏽

$FICO $MSFT $MA $NFLX - Dimitry Nakhla | Babylon Capital®
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God of Prompt
apple and anthropic rn https://t.co/ZZapukb1cx
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God of Prompt
you can literally run 700 clawdbots for a month

for the price of one mac mini

just get a virtual machine from https://t.co/3Ndpc5fviN https://t.co/SCA2jMcRAQ

https://t.co/unM855Crkr - God of Prompt
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