r/SecurityAnalysis

Customer advances, debt financing and DCF valuation

What the hell is happening with Private Credit?

Adyen: Much ado about nothing...or something?

Intel Foundry: A Last Chance

Fork in the Road

Matt Levine & Katie Greifeld Interview Boaz Weinstein

Is Big SaaS Value Investing Yet?

Adobe & the Jevons Paradox: Everyone Is Wrong

Adobe is one of the most misunderstood software companies in the market today. The narrative that AI-generated content will cannibalize Adobe’s seat licenses, that Canva and Midjourney will eat its lunch, that generative models render professional creative software obsolete is directionally plausible, but almost certainly wrong in the way that …

ADBE & the AI Pivot

A Bank with 3% spreads masquerading as a REIT