Delighted to share a special episode:
@NonGaap joins @pcordway and @ElliotTurn to share secrets gleaned from rigorous proxy analysis, thoughts on the maturation cycle of recent IPOs, and a trick to decipher whether management is truly aligned.
Enjoy!
https://t.co/BBljiDafyF— This Week in Intelligent Investing (@twiii_podcast)
Jun 11, 2022
In our new episode, @pcordway, @ElliotTurn, @JMihaljevic discuss the “man overboard moment” @mjmauboussin wrote about in a 2015 white paper https://t.co/sEx95YVhVW We also talk about the concept of sector rotation. Enjoy!
https://t.co/FUaga82cYH— This Week in Intelligent Investing (@twiii_podcast)
Jun 5, 2022
Our Q1 2022 @RGAIA commentary is now live. We talk a lot about the environment and how to think about the portfolio as a whole unit: https://t.co/ucptGYhUCM
— Elliot Turner (@ElliotTurn)
May 17, 2022
How do you model a DCF when management tells you this:
“We may earn a profit when revenues are high, and we may lose money when revenues are low, but our goal is to roughly operate the company at break even…”
$COIN
— John Mihaljevic (@JMihaljevic)
May 11, 2022
Here’s our recent annual letter to partners.
We discuss the assumptions required to follow an investment approach antithetical to our own!
To save many from disappointment no comments on current markets, inflation, geopolitics, global health, etc.
https://t.co/9GBZNhPUlT
— Soumil Zaveri (@SoumilZaveri)
Apr 30, 2022
Grateful to @Tyler_G_Howell for hosting our Best Ideas Omaha 2022 event yesterday. Twelve wonderful speakers shared their insights and ideas with @manualofideas members. An audio replay of all sessions will be available to members soon.
— John Mihaljevic (@JMihaljevic)
Apr 30, 2022
In our new episode, @pcordway, @ElliotTurn, @JMihaljevic discuss pricing versus valuation, especially in the context of “transition” companies, such as Netflix. We also talk about the implications of “safe” equities trading at high multiples. Enjoy!
https://t.co/03MJGBMvHx— This Week in Intelligent Investing (@twiii_podcast)
Apr 24, 2022
When internet stocks were flying high, nobody wanted to listen to investors who brought up valuation to warn of overheating. For me, it was tough to watch exceptional value investors get overlooked by allocators simply because the former were not fishing in the “compounder” pool.
— John Mihaljevic (@JMihaljevic)
Apr 22, 2022
Join @mario_cibelli @TMFJMo @NonGaap and myself in a Space about PayPal: The Next Chapter https://t.co/pMzQvCNWvA $PYPL
— Elliot Turner (@ElliotTurn)
Apr 19, 2022
@bkaellner Good presentation on it by @MattPetersonCFA on @manualofideas. Also mentions possible reason freeing up cash for other ideas. Great discussion here https://t.co/eEGgzluCPv both seem to still like it.
Also watch % of shares sold short. 15 days to cover. Could cause some big moves— Max Busch (@SteigerwaldValu)
Feb 22, 2022
Safe haven: Gold or Bitcoin?
We found out today. https://t.co/Z9smsr8pu6
— David Ingles (@DavidInglesTV)
Feb 24, 2022
Happy sharing the annual letter. Love the process and also relieved to be wrapped. Good news: the left-bank smells like Bordeaux! Also, I’m not really installing a wind turbine to heat the pool. Neighbors. Stuck with nat gas when the solar heater fails.
https://t.co/hT4d5pHw54— Christopher Bloomstran (@ChrisBloomstran)
Feb 24, 2022
Another absolute masterpiece, courtesy of @ChrisBloomstran —
https://t.co/C6yc3YMdXD https://t.co/uc9A0lySK0
— Shai Dardashti (@ShaiDardashti)
Feb 23, 2022
https://t.co/CkKmzS8hLX
— Daniel Gladiš (@danielgladis)
Feb 23, 2022
Enjoy your evening. https://t.co/R6q1OOBzJn
— Daniel Gladiš (@danielgladis)
Feb 23, 2022
We have released a letter to all Hasbro $HAS shareholders. We have nominated 5 highly qualified directors to the company’s Board. Enjoy the fan-made card below and read on to #FreeTheWizards
Letter to Shareholders: https://t.co/VYu8EEq2td
Full Website: https://t.co/gDRIMcVrt3 https://t.co/M2dmz6rQAa— Connor Haley (@AltaFoxCapital)
Feb 17, 2022
Alta Fox is excited to announce its highest conviction current position: $HAS. We are a top 10 shareholder and today announced we have nominated 5 directors to the company’s Board. Check out our video below and visit https://t.co/7KoPXdEKSV for more information. https://t.co/grj9gDdD16
— Connor Haley (@AltaFoxCapital)
Feb 17, 2022
Delighted to share a special episode:
We speak with Adam J. Schwartz, Chief Investment Officer of Black Bear Value Partners, about the challenge and opportunity of designing an investment business to fit the investment manager’s philosophy.
Enjoy!
https://t.co/HnuYVciBv6— This Week in Intelligent Investing (@twiii_podcast)
Feb 13, 2022
Crude oil futures for December 2023 are now above $75 per barrel.
$RIG stated on a past earnings call that an oil price in the mid-$50s would bode well for its business.
When will investors realize that offshore drilling may finally be entering a major new upcycle?
— John Mihaljevic (@JMihaljevic)
Feb 11, 2022
I did not like the risk-reward of China VIEs in the past, but with $BABA below $123 and $TME below $6, my views have changed. In a few years, we may wonder how those stocks ever got so cheap. Simple: Declining prices create a psychology of fear, and rationality goes out the door.
— John Mihaljevic (@JMihaljevic)
Feb 4, 2022
Netflix vs. Youtube.
That’s the real battle in the media landscape.
Highly-produced vs. user-generated content.
Both have a place, but my hunch is that user-generated will keep gaining share (not the silly cat videos, but the super-niche stuff you can find only on Youtube).
— John Mihaljevic (@JMihaljevic)
Feb 2, 2022
The Alta Fox Q4-2021 letter is now available here: https://t.co/MeYP6Zzw8S
— Connor Haley (@AltaFoxCapital)
Feb 1, 2022
Delighted to share a special episode:
Co-hosts @pcordway and @ElliotTurn speak with award-winning columnist and author @Spencerjakab about his new book, The Revolution That Wasn’t: GameStop, Reddit, and the Fleecing of Small Investors.
Enjoy!
https://t.co/FgT1c24eqb
— This Week in Intelligent Investing (@twiii_podcast)
Jan 30, 2022
I am a huge fan of both @BillBrewsterTBB and @MassifCap, so their generous words on MOI Global meant the world to me.
Great podcast episode all around — check it out!
https://t.co/Z6CrgpsmIz
— John Mihaljevic (@JMihaljevic)
Jan 29, 2022
@JMihaljevic The MOI interview with Prof @Sanjay__Bakshi is an absolute tour-de-force ! Loved his pun on the two Ben’s (Graham and Franklin) being “benevolent” with their writing! The longest podcast I have ever heard. 4 hours well spent! Thank you Prof. Would strongly recommend.
— Amitabh Arolkar / 아미탑 아롤가르 (@VegaTrader)
Jan 26, 2022
My friend @GSpier is hosting @VALUExZH in Klosters next week. If you will be there, consider yourself very lucky indeed. The group of people Guy brings together is first-rate in every way. (I would love to be there, but personal circumstances are keeping me away, unfortunately.)
— John Mihaljevic (@JMihaljevic)
Jan 24, 2022
@JMihaljevic @manualofideas the vibes and psychic boost is all together different for in person meetings. can feel and experience it in my in- person Toastmasters meetings.
— Ajit (@Ajitshah73)
Jan 23, 2022
I can’t wait for in-person events to restart @manualofideas.
The Zurich Project 2022 is from June 7-9.
Then, Latticework, The Frankfurt Conversation, Ideaweek St. Moritz.
I need the incredible boost — intellectual and psychic — that I get from engaging with fellow members.
— John Mihaljevic (@JMihaljevic)
Jan 23, 2022
Only one person in the world has a Nobel Prize, a Pulitzer Prize, an Oscar, a Grammy and a Golden Globe. https://t.co/pVgBMpmx1R
— Daniel Gladiš (@danielgladis)
Jan 16, 2022
This is one of the most under appreciated assets, particularly for those turning over lots of rocks or trying to learn how other investors think and view businesses. If that’s you and you aren’t a MOI member I’d recommend joining. It’s a terrific community as well. https://t.co/sqPAMKSzbG
— Christopher Bloomstran (@ChrisBloomstran)
Jan 14, 2022
Write-up on $BABA
https://t.co/no8kB8fLaU
— Thomas Chua (@SteadyCompound)
Jan 11, 2022
Anchoring is a well-known cognitive bias in investing. Less well appreciated is that we tend to anchor not only to price but also to sentiment. An ability to imagine a change in sentiment is a superpower.
— John Mihaljevic (@JMihaljevic)
Jan 5, 2022
@BillBrewsterTBB @mjmauboussin @manualofideas Do like viewing it this way.
— The Conservative Investor (@AuditorInvestor)
Dec 16, 2021
Phenomenal event — and, more broadly, an exceptionally high-quality community. https://t.co/n3MB6p4eeW
— Shai Dardashti (@ShaiDardashti)
Dec 15, 2021
12/16, 9am ET
Elliot Turner, Managing Partner and CIO, RGA Investment Advisors
Nick Devlin, Chief Executive Officer, Naked Wines
“Driving Customer Value via Scale Economies Shared”
https://t.co/1NNqMdc3rR
@ElliotTurn $WINE
— MOI Global (@manualofideas)
Dec 15, 2021
For those intrigued by Michael Burry’s Q3 buy of $LMT, here’s a teaser from @manualofideas https://t.co/oi6cu5AwW6
— Brad Kaellner – Stock Compounder (@bkaellner)
Nov 20, 2021
Despite portfolio sizing being so important (one of 3 most important investing attributes according to Mr Sankaran Naren) very little is written on the topic. @IntrinsicInv has brilliant 7-part write up on the subject. My notes are appended but highly recommend the blog. https://t.co/MrPooTLMDb
— Bhavin Gandhi (@bhavinjan1978)
Mar 15, 2020
Good time for wisdom from Ben Graham: “Basically, price fluctuations have only one significant meaning for the true investor. They provide him with an opportunity to buy wisely when prices fall sharply and to sell wisely when they advance a great deal.”
— Michael Mauboussin (@mjmauboussin)
Mar 8, 2020
More investors should have a slide like this in their decks: Reasons not to invest. https://t.co/tcnRPiSzqo
— Marc Rubinstein (@MarcRuby)
Mar 2, 2020
It’s much harder psychologically to actually buy the dip during a market crash than talking about doing so beforehand.
— John Arnold (@JohnArnoldFndtn)
Feb 28, 2020
In case anyone has been hunting around for “Common Stocks as Long Term Investments” after Buffett name dropped it in his letter this weekend. https://t.co/UTjqWW32Pj
— Scuttlebutt Investor (@Scuttlebutt_Inv)
Feb 24, 2020
On investment ideas, the only thing that matters is the quality of the idea, not the novelty. In many areas of life, there is a direct link between originality and quality, but in investing, the two have a random relationship.
— John Huber (@JohnHuber72)
Feb 19, 2020
Here are my slides from my presentation at @manualofideas Ideaweek 2020. You’ll have to use your imagination to fill in the spaces covered w/ the talk as opposed to the visuals, but at least it gives a sense of where I’m coming from: https://t.co/Q0TrRVTKlh
— Elliot Turner (@ElliotTurn)
Feb 13, 2020
Here is a talk I recently gave at Ideaweek in St. Moritz:
The Four Pillars of the Good Life: Health, Wealth, Love, and Happiness https://t.co/GB9bSmAkU6 https://t.co/gFiYhfFnbm— Remo Uherek (@remouherek)
Feb 13, 2020
The students of Columbia Business School just released the Winter 2020 Edition of Graham & Doddsville (Japonica Partners, Heron Foundation, Student Pitches on $NUAN, $PTON, $ETSY, $RR.L) – https://t.co/1W57FVxGOV
— GrahamAndDoddsville (@GnDsville)
Feb 10, 2020
We started blogging back in 2016, but we had no readers! So here’s a post from the past in which we explained why we rarely call ourselves value investors and why we value stocks based on what we would pay if we could never sell them. https://t.co/795Y1P7tNU
— Ensemble Capital (@IntrinsicInv)
Jan 30, 2020
Going back in the archives this morning with @mjmauboussin
Link to Ruminations on Risk
https://t.co/rsmca2NaK3 https://t.co/l6f8mXFhOZ— Sean DeLaney (@SeanDeLaney23)
Jan 27, 2020
“Capital Allocation” addresses how companies spend money but also has broader lesons: https://t.co/F7mP9Hy7lC https://t.co/CgvcYykDtA
— Michael Mauboussin (@mjmauboussin)
Jan 18, 2020
Season 2 is here!
@pcordway, @ElliotTurn, and @JMihaljevic discuss
(i) why all news seems to be good news in markets, and whether cycles have been dampened;
(ii) the distinction between sound underwriting and position management, as illustrated by Kambi.
https://t.co/kJgoaxkzK4— This Week in Intelligent Investing (@twiii_podcast)
Sep 12, 2021
@ohcapideas Angela Merkel did a great job in Germany over 16 years
— Daniel Toloko (@daniel_toloko)
Sep 2, 2021
Spot on, @jtkoster. Together with @theharrysauers:
➡ Grahamian Value 1.0 methodically explored the universe of net-net American public equities.
➡ Grahamian Value 2.0 will (soon) methodically explore (solely) this specific universe of 2,157 orphaned public companies. https://t.co/bQB9Uyyzmy https://t.co/Aqai7NKq7j
— Shai Dardashti (@ShaiDardashti)
Sep 1, 2021
Sutter Health is one of largest hospital systems in California.
Today, Sutter agreed to $90 mln fine for Medicare fraud.
Yesterday, Sutter finalized $575 mln fine for using its market power to illegally drive up prices.
Sutter is a nonprofit with mission to serve the community.— John Arnold (@JohnArnoldFndtn)
Sep 1, 2021
*New Post $CVS Deep Dive*
I am skeptical of CVS’s integrated healthcare strategy, but I believe CVS should generate strong IRR’s over time driven by a ~9.5% FCF yield and 6-7% FCF/share growth.
If you enjoy please share!
https://t.co/QH8NbR2zHk
— Enlightened Capital (@Cultivatewealth)
Aug 26, 2021
“Lots of contrarianism is actually cynicism and lots of patience is actually stubbornness.” [email protected]
https://t.co/BXtv0CoVPv
— Rishi Gosalia (@RishiGosalia)
Aug 26, 2021
Ladies and gentlemen, the one and only @jposhaughnessy. Hope it’s as fun to listen to as it was to record. Jim is a very interesting individual and a great person.
https://t.co/XZ34Q90cET
https://t.co/jBACGqPOmv
— businessbrewpodcast (@businessbrewpod)
Aug 26, 2021
Refreshing week in the mountains, now back in the saddle all refreshed! https://t.co/zSDDv7otLV
— Elliot Turner (@ElliotTurn)
Aug 26, 2021
Got my first box of Naked Wines @NakedWinesUS algorithm picked wines (“wine genie”) and honestly… much better than the ones I choose. Keeping the subscription.
— Dan McMurtrie (@SuperMugatu)
Aug 26, 2021
This morning I re-discovered one of my favorite parts of going into the office: my 7 mile bike commute.
I arrive at work flush with ideas from the ride that would never have come to me sitting at my desk, and sit down with a glass of water to write them out on a pad of paper.
— Joel Cohen (@joelmcohen)
Aug 25, 2021
I’m thrilled to announce that #RicherWiserHappier is being translated into Hindi, Marathi & Gujarati. That’s in addition to Chinese, Japanese, Thai, Vietnamese, Korean, Russian, Turkish, Estonian, Hebrew, Portuguese, German, French & Spanish editions. In all, 17 languages so far!
— William Green (@williamgreen72)
Aug 25, 2021
1. Stocks: all-time highs
2. Home prices: all-time highs
3. Job openings: all-time high
4. Wages: all-time high
5. Core PCE Inflation: highest since 1991
6. Fed: we need 0% rates through at least 2023 & trillions more in bond buying to boost asset prices & increase inflation.— Charlie Bilello (@charliebilello)
Aug 24, 2021
Con apoyo del equipo de @CobasFunds , @veiled_value , research associate de @manualofideas , ha publicado este paper sobre la trayectoria de @FParames ¡Aprovecha ahora para leerlo y descargarlo! https://t.co/Oe8cdUwA3H
— MOI Global en Español (@moiglobal_es)
Aug 25, 2021
[New In-Depth Research] Will global oil demand will taper off due to ESG-related reasons, as the IEA predicts? Read our newest in-depth commentary to find out why this is likely more of a fairy tale than reality: https://t.co/xJwcMXbhhX #commodities #financialadvisors https://t.co/2Ps3VFLXOC
— Goehring & Rozencwajg (@Go_Rozen)
Aug 4, 2021
Am a big admirer of Alex Gilchrist’s interviewing skills, deep insights and ability to dissect really complex concepts into simple ideas. Thank you @veiled_value and @manualofideas
— Ivan Kuznetsov (@ikuznetsov)
Aug 5, 2021
Tom Gayner on $MKL earnings call: “…there´s inflation everywhere and everything in every dimension.” #inflation
— Daniel Gladiš (@danielgladis)
Aug 5, 2021
Oh I forgot: I pitched Afterpay at the @manualofideas Best Ideas 2018 Conference. Video is behind the paywall but here’s the slide deck if you’re interested. It’s a simple deck but so was the idea. https://t.co/jziC8PDbIn
— Joe Magyer (@Magyer)
Aug 1, 2021
July 18, 2001: Warren Buffett speaking at the Terry College of Business at the University of Georgia.
https://t.co/s1M6kKRHPB
(h/t @JGreenwald86)
— Shai Dardashti (@ShaiDardashti)
Jul 18, 2021
The American Journal of Health Behavior has strong views on how money can corrupt the scientific process given it just took $51,000 from Juul to devote an entire issue to pro-vaping studies funded by the company.
https://t.co/Ay2ZPWJXoz https://t.co/zI1fv77FaN— John Arnold (@JohnArnoldFndtn)
Jul 6, 2021
Our Q2 letter is out now. It is called: “RISK. ANYBODY INTERESTED AT ALL?”
Read here: https://t.co/1P36jALQ6H https://t.co/aoletHuENU— Daniel Gladiš (@danielgladis)
Jul 5, 2021
Super excited to put this out there and start some wonderful win-win collaborations.
Do reach out with your thoughts and questions.
The goal is to bring great value to @manualofideas members and let you participate in the economics of MOI Global.
https://t.co/AhKxNfL3Sk
— John Mihaljevic (@JMihaljevic)
Jun 18, 2021
Sincere thanks to MOI and Rohith for the forum, always a pleasure to speak about #realassets with thoughtful investors. Hope your members find value in our views on the rich opportunity set. We covered a great deal but there’s even more to the story, happy to discuss whenever.
🙏— Marathon Resource Advisors (@MRAfunds) June 3, 2021
Grateful to @AswathDamodaran for sharing his wisdom in this remarkable conversation with @veiled_value about the book, The Dark Side of Valuation.
Excerpts follow in this thread.
Members, access the full interview below.https://t.co/llmSKpGxvo— John Mihaljevic (@JMihaljevic) May 25, 2021
Jack Butcher and John Mihaljevic in conversation.
Very cool!
Looking forward.
— Guy Spier ✡︎ (@GSpier) May 28, 2021
If you aren't misunderstood, you have no edge.
— Jack Butcher (@jackbutcher) May 27, 2021
I stopped marketing my fund (maybe temporarily) the day some guy in Connecticut asked me to send him my historic monthly returns so that he can play around with the data and work out volatility.
This was our first conversation and I had a preselected group of “high quality LPs”— Your local butcher (@Deezee1031) May 25, 2021
Fantastic read from MOI: Lessons from Legendary Business Leader Henry Singleton
(h/t @manualofideas @JMihaljevic) https://t.co/6tUShki5EF
— Clark Square Capital (@ClarkSquareCap) May 24, 2021
A new weekly episode is here:@ElliotTurn discusses the market's obsession with the next imminent thing, and what it means for positioning. @pcordway introduces Richard Zeckhauser's paper on risk, "Investing in the Unknown and Unknowable".
Enjoy!https://t.co/tbKfLvVNEE— This Week in Intelligent Investing (@twiii_podcast) May 22, 2021
Many investors nod in agreement after reading this… and then they tell you about the cheap stock with a catalyst they love. The citation of a catalyst is an implicit expression of your ability to predict how other investors will behave in the future. ie market timing. https://t.co/9ixGLBMBr7
— Ensemble Capital (@IntrinsicInv) May 22, 2021
I've been really looking forward to sharing this conversation with @JMihaljevic about the semi industry. He's a great interviewer and I had a lot of fun doing it. https://t.co/eBtVoINuyH
— Jon Bathgate (@jbathgate) May 12, 2021
90 minutes packed with information about the semiconductor sector. @jbathgate & @manualofideas – Thanks for doing it. I felt it was cut too short. Could have been 5-6 hours of talk.
— Rohit Ranjan (@Rohit_Ranjan) May 12, 2021
An eye-opening conversation on the semiconductor industry with @jbathgate.
Jon and his colleagues nailed the industry dynamics before the enormous value creation at companies like $TSM and $NVDA became apparent.
Indebted to @RishiGosalia for the intro.https://t.co/Rv85mvZ4ha
— John Mihaljevic (@JMihaljevic) May 12, 2021
Members, Chris Mittleman sheds light on the strategy and outlook for Aimia (TSX: AIM). He also discusses Clear Media (HK: 0100) and AMA Group (AX: AMA).
I like the alignment of interests at Aimia, as it is now the parent of Mittleman Investment Management.https://t.co/tJDUoE9KSd— John Mihaljevic (@JMihaljevic) May 10, 2021
Thank you, @ScarrottKalani, for the mention in your amazing weekly newsletter — much appreciated!
Folks, be sure to sign up for this one:https://t.co/iZ8p25ScQ1
— John Mihaljevic (@JMihaljevic) May 8, 2021
About to re read one of my favorite books on Investing
The Manual of Ideas by @JMihaljevic. If you haven't read it yet then I highly recommend that you grab a copy
It builds the right mindset for long term investing !
Get it on Amazon : https://t.co/zNNR8X38Vl 👇 📚 pic.twitter.com/aN3zXsg2KY
— Daniel Toloko (@daniel_toloko) May 8, 2021
An excellent interview by @JMihaljevic for @manualofideas with my friend Bryan Lawrence, a renowned hedge fund manager who rarely gives interviews: https://t.co/OcWMmyxypY
— William Green (@williamgreen72) May 6, 2021
William Green on His Book, Richer, Wiser, Happier https://t.co/sI9zQjmmsh I loved this conversation with @manualofideas about giants like Charlie Munger, @MohnishPabrai, @B3_MillerValue, @TruthGundlach, @HowardMarksBook, @plountzis, Nick Sleep & Ed Thorp.
— William Green (@williamgreen72) May 6, 2021
Members, if you are interested in understanding the quantum computing revolution, don't miss this conversation with Peter Mantas of @Logos_LP. It is an incredibly insightful take on the trajectory of quantum computing, the risks, and an investment idea.https://t.co/ATqScld83i
— John Mihaljevic (@JMihaljevic) April 30, 2021
A fantastic piece on Teledyne founder Henry Singleton, who Buffett described as having "the best operating and capital deployment record in American business."
My key takeaways in the thread below…https://t.co/2LrKBFVIVD via @manualofideas
— The Undercover Fund Manager (@FMUndercover) April 28, 2021
This conversation with @AltaFoxCapital was one of my favorite interviews in a long time. Connor talks candidly about the firm he is building and a couple of fascinating case studies in standing up for the rights of owners. Lots of lessons to take away.https://t.co/cWbixh338E
— John Mihaljevic (@JMihaljevic) April 27, 2021
This book by @JMihaljevic has overwhelmed me in a good sense. The amount of insights I’m gaining is astounding (especially in deeper value parts of investing). Makes me realIze how much is there still to learn. I’m extremely grateful John, but might also get an impostor syndrome! pic.twitter.com/tJvC9AkhGv
— Paul Zbikowski (@Paul_Wildcat) April 24, 2021
Absolutely delighted to share renowned author @williamgreen72's conversation with the MOI Global community about his new book, Richer, Wiser, Happier. https://t.co/AVRCst1aZM
Spend the time with William here, it's well worth it!https://t.co/DA87YzFeK8
— John Mihaljevic (@JMihaljevic) April 23, 2021
When everyone is looking for needles in haystacks, the large beautiful vase on the dining table is ignored.
— Rishi Gosalia (@RishiGosalia) April 15, 2021
Great conversation hosted by @ShaiDardashti and @theharrysauers https://t.co/M9S3WV5pMy
— John Mihaljevic (@JMihaljevic) April 15, 2021
Fun fact: Xalapa, my hometown, is a sister city with Omaha since 2005. But, unlike Omaha, it doesn't have an Oracle… Perhaps we'll need one… https://t.co/22s8ZgOJZ7 pic.twitter.com/tqL0I0aPWW
— Ezra Crangle (@EzraCrangle) April 10, 2021
Venrock’s David Pakman @pakman talks disruptive innovation & mental models in a changing world on the Latticework podcasthttps://t.co/KZdUPjXnfF
Notes 👇
— CanadianAussie (@mater_dura) April 6, 2021
I get a number of emails about 100-baggers and I have noticed patterns, or recurring themes, to these questions. I’ll answer several of these common questions below, including the most asked question, “Which stock do you think will be a 100-bagger?” https://t.co/zSvr25WXP7
— Chris Mayer (@chriswmayer) April 5, 2021
A Tobin's Q way of thinking for SaaS businesses?
"Twilio's enterprise value approximates the net present value of the cost of all the engineer-hours it would take to rebuild the relevant subset of their features in-house for every single user." —@ByrneHobart
(h/t @LibertyRPF)
— John Mihaljevic (@JMihaljevic) April 3, 2021
We created a website that we just thought ought to exist. Please visit our website written specifically for emerging manager stockpickers who look to buck convention and focus on generating exceptional results. The thread below shows you will find…https://t.co/Mj1rb5HYeW
— Joel Cohen (@joelmcohen) March 25, 2021
It's amazing how on Twitter you can feel like you know someone before you meet them. Add in @manualofideas & you truly have a sense of community. Then actually meet in person and become friends for life. It's powerful how this stuff works: https://t.co/r3cSbcHEZm
— Elliot Turner (@ElliotTurn) March 18, 2021
[New post] Pay Attention to the Castles Behind the Moats https://t.co/jj5BeRDpOY
— Ensemble Capital (@IntrinsicInv) March 17, 2021
This article by @IntrinsicInv is a gem. The Overton Window is an incredibly useful mental model, particularly in times of rapidly shifting societal sensibilities and preferences — such as the current COVID-affected period.https://t.co/C36Z3NJLNK
— John Mihaljevic (@JMihaljevic) March 13, 2021