Posts
Reddit fundamentals are outstanding
After the recent -20% following the latest earnings report I took a second look at Reddit fundamentals and honestly they are incredible. I think that it’s the only somewhat large cap that combines this level of growth together with impeccable balance sheet and returns on capital. Just to give a …
Why did top value investors (Li Lu, Pabrai) miss the MU AI boom? Was it a mistake, and how do we avoid it?
Look at Dataroma. Value investors like Li Lu and Mohnish Pabrai used to have massive Micron (MU) positions, but then they sold out before this whole run. When the AI race started, anybody listening to MU earnings calls could tell that MU was going to be profitable. Very profitable: at …
ADBE: I was wrong
**The Good:** * **Valuation:** Low P/E ratio. * **Growth:** Solid \~10% growth engine still running. **The Bad:** * **No Captain:** Still no proper CEO leading the ship. * **No Co-Pilot:** Total lack of a strong second-in-command/COO. It’s honestly a joke how long they are taking to find a CEO. It …
Comcast corp long
hey guys wanted to make some quick dd on comcast (cmcsa) because the market is sleeping on this hard right now in 2026. if you look at the real numbers from their recent 10-q filings and financial reports, the valuation is ridiculously distorted and if you invest now at these …
Amazon's stake in Anthropic made more money last quarter than Amazon did...twice as much!
Everyone spent Friday celebrating Amazon's blowout quarter. Stock up 15%, AWS growing 37%, net income tripled to $62.6 billion. Almost nobody read the footnote. $53.4 billion of that "income" is a paper gain on Amazon's stake in Anthropic. It's right in the press release: "non-operating other income... primarily from investments …
McDonald’s (MCD): Quality compounder at a decent entry?
MCD is down almost 20% from highs earlier this year driven by what appears to be largely macro fears than a blow-up in financials. Current P/E \~22x is below its trailing 5-year average and on the lower end of trailing 12-months Management are still guiding store growth towards 50k and …
GoDaddy GDDY seems pretty cheap after 16 percent ER dump
At 82.73 close down about 17 percent post earnings guidance, this thing trades at a 9.8B mc (2.8B net debt so 12.4B EV), makes 1.73B free cash, 1.3B ebitda ttm (it gets paid up front for its services so cash flow can run higher than earnings). Additionally it grows boringly …
Why is Meta being pushed so hard?
These earnings weren’t good They reported a dip in users for the first time ever. They’re making up for that by cramming more ads onto their platforms while charging advertisers more. Instagram has notably just become one ad after another and a much worse overall experience imo. I recently got …