Posts
GitHub repo with 361 tools for investing [+70 ⭐️]
A list including 360+ investing tools in a GitHub repo, so you can download them, fork the repo, or even open a PR. They are divided by category and include tools for every kind of investor. Even though there are a lot of them, I've done my best to curate …
This AI capex cycle is getting pretty wild
The number that surprised me wasn’t the \~$750B in capex. It was capex getting close to 100% of operating cash flow. These companies used to be able to fund huge investments internally without really stressing the balance sheet. Now debt is becoming a much bigger part of the equation. AI …
Commoditisation of AI, and who wins
It's kind of accepted now that AI will be commoditised, basically the same, particularly LLM's. Google clearly has an existing ecosystem and distribution moat listed below, whereby Gemini is already seamlessly integrated, *Search, Chrome, Android, Gmail, Calendar, Drive, Docs, Sheets, Slides, Meet, Chat, Vids, Keep, Tasks, Maps, YouTube, Google Photos, …
The market is FULLY PRICED with US govt long bond yields rising everyday
The only thing keeping this market alive is AI CapEx spending. THATS IT! I’ve done tons of research and someone correct me if I’m wrong but all the quality, wide moat business are FULLY PRICED OR OVERVALUED. I personally find long bond yields continued rise troubling because the bond vigilantes …
Next value stock thats not AI
Cigna Healthcare (CI) currently has a P/E ratio of 11 which seems very undervalued compared to other comapnies in the healthcare sector. Right now they are trying to change to a rebate free, fee based model which seems to be the reason they are trading a low valuation right now. …
A fund just paid $35.50 for a stock trading at $22.12 - Team Inc - $TISI
I dug into a recent insider transaction at Team, Inc. ($TISI) that I found unusually interesting. On August 6, a fund controlled by Stellex Capital bought 1.6M shares from Corre Partners for **$35.50/share** about 60% above the current market price. That’s especially interesting because: The transaction valued the block at …
The Next AI Trade Isn’t GPUs or Memory. It’s Access to Data.
I think the next big wealth creation opportunity in AI trade is **access to unique data**. Memory trade is probably near the later stage now. There can still be upside, but mostly I see it as swing trade rather than another huge long-term opportunity. GPU hype trade already peaked in …
AI slop vs. AI-assisted securities research: where should the line be?
I think we should start with the obvious point: a lot of AI-generated content is slop. It is generic, repetitive, thin on facts, light on numbers, poorly sourced, and often contains nothing particularly original. Someone types a broad prompt, gets 1,500 words back, pastes it into Reddit, and may not …
“B*llshit earnings” and other methods of accounting obfuscation
Charlie Munger once famously said to substitute the phrase “EBITDA” with “b\*llshit earnings” I definitely find myself trying to make sense of a 10Q where the GAAP EPS and adjusted EPS paint two incredibly different stories. I was curious what red flags you keep an eye out for while looking …
Most methods of intrinsic valuation aren’t useful
I’ve been digging around, trying to find a way to really estimate the intrinsic value of companies and their shares. All I found is that intrinsic evaluation is an extremely flawed process. I believe that any company has valuation that’s made up of the present value of future cash flows. …