Posts
The Case for Deckers Outdoor (NYSE: DECK)
***We are long $DECK.*** Deckers Outdoor, the company behind HOKA running shoes, UGG boots and Teva sandals, is in our view, one of the best businesses in global footwear, and the market is pricing it like one of the worst. The stock is hovering around $80 as of October 8, …
American Express is now tied to an alleged $13 billion of trade-based money laundering, set against a $350 million fine.
US regulators alleged American Express processed $13 billion in illicit trade-based transactions, dwarfing a recent $350 million fine and raising new questions about future operating costs and growth. While the initial fine gave no details on the conduct, the latest allegation specifies that this substantial sum passed through Amex's systems …
Wolters Kluwer: Moody's or the Buffalo News?
Why doesn't TSM get more attention? Am I missing something?
Looking at TSM as a beginner, I'm struggling to understand why it doesn't get nearly as much attention as Nvidia, Microsoft, Amazon, etc. Consider the following: * **Valuation:** Forward P/E of approximately 20.27× (on par with Nvidia) * **Moat:** A near-monopoly in leading-edge semiconductor manufacturing, with enormous barriers to entry. …
T-mobile, Verizon and AT&T - is the market reaction right?
I get why T-Mobile, Verizon and AT&T got hammered after the SpaceX news, but isn't the market getting a bit ahead of itself here? SpaceX still needs to spend a ton of money to make this work. The current satellites aren't just compatible with the new spectrum, and there's still …
Reverse DCF + Base Rates: A Better Way to Test Growth Expectations
I recently wrote about reverse DCF and one concept I think deserves more attention: **base rates**. Instead of only asking whether a company's growth story sounds plausible, base rates ask how often similar companies have actually achieved that level of growth historically. That makes reverse DCF more useful: first identify …
I rarely read the full 100-page earnings transcripts anymore. How do you guys actually process this stuff?
Hi guys, I am relatively new to fundamental investing and hitting a wall. I know I should be reading the 100-page annual reports and full earnings call transcripts for my biggest holdings, but it is completely overwhelming. I usually end up skimming the first few pages, getting bored, and then …
Feelings Are For Relationships, Not Investing
Recently I had a client approach me saying he wanted to pull everything out of the market until he saw what he was looking for. I asked him what that was and he said I don’t know, just when I feel like everything is going to be ok. That inspired …
Spotify - A lifesaver to me and the reasons why I buy the stock.
Hi everyone, I decided to write the reasons why i buy spotify due to personal reasons. I am not gonna write the financial analysis part. Imma write base on my experience as a user. Before marriage I love listening to music on spotify especially when i am travelling. Especially all …