Posts
WIX - a Stunning 65% Reversal
Today I trimmed my Wix position to less than 1% of the portfolio (and if it dives back down I will happily buy more again). Last month I posted my Wix thesis on my blog with my model pointing to an intrinsic value of about $90 for FY26 and growing …
What Happens After an Insider Buys? Evidence From 47,458 Open-Market Purchases
I went through 47,458 insider buys. The biggest ones were actually the worst. I have always paid attention when an insider buys stock, especially when it is a large purchase or the first one in years. So I pulled the open-market buys from 2020 to August 2025 to see whether …
Charter Cox merger completed today
Charter issued the equivalent of just over 46 million Charter shares to Cox Enterprises. Based on Charter’s share count as of June 30, 2026, and giving effect to the closing of the Liberty Broadband merger and the Cox transaction, Cox Enterprises now owns approximately 26% of the combined entity’s fully …
Should I recoup the “lazy” money?
Hello, I have been aggressively DCA’ing into Saas/fintech stocks this year(TEAM, WDAY, SAP, GPN, TRI, NOW, PYPL, INTU, CRM, ADYEY,ADBE,HUBS, TTD). I started around March with entry points often between 50-60% from tops, thinking that the bottom was near. But I was wrong, as most had an extra 20-30% down …
Value Investors Who “Lost Their Touch”?
Do you know of strong performing value investors - 10 year minimum outperformance record - who suddenly or gradually lost their touch and began underperforming significantly? If so, who are they and what was the reason they seemed to struggle (e.g., failure to keep up with a changed economy, impatience, …
How do you use AI portfolio tools without feeling like you're gambling, aka, trying to time the market?
Those who DCA into individual stocks, how do you decide when to weight one position more heavly than anorte? I have been exxperimenting with more flexiblw approach where i add more to names that seem undervalues or higher quality at the moment, but I'm worries I might just be dressing …
Everyone Is Misreading Reddit’s DAU Decline
People just keep assuming Google supplies the oxygen Reddit needs to survive. This is a complete misrepresentation of today’s Reddit. It may have been true in the past, but today Google is increasingly just one distribution channel for Reddit, not something Reddit needs to survive. The majority of people using …
A Korean small cap with more cash in the bank than its entire market cap just announced a buyback for ~13% of its shares. Nothing about it exists in English, so I translated the filing.
I'm a native Korean speaker and I read DART (Korea's version of EDGAR) pretty much every day. Yesterday a filing from a tiny KOSDAQ company made me stop scrolling, and since there's basically zero English information about this company anywhere, I figured I'd write it up here. The company is …
Is WEXE a good buy and a decent hedge against US Stock Market?
I’m contemplating if WEXE is a good hedge against US stock market and if it is also a good hedge against USD( as it trades in EUR and also holds a lot of other international markets in its portfolio making it super diverse). With this level of diversification though, the …
Markel (MKL) — worth buying?
Recently I am keep watching Markel, it is a specialty insurance company that uses its insurance float to invest in stocks and bonds, while also owning a collection of operating businesses through Markel Ventures. In that sense, it's probably one of the closest public companies to the Berkshire Hathaway model. …