Posts
Datadog: AI Growth Engine or Overpriced Infrastructure Trap?
**Thesis**: The market often penalizes high P/E ratios in the tech sector without accounting for the "Switching Cost Moat." Datadog sits in a unique position where its product is not just a luxury, but a non-discretionary utility for cloud-native firms. While the 33% jump in the cost of revenue (driven …
Why are people still buying crowdstrike and Palo Alto
i dont get why people are buying crowdstrike and Palo Alto Stock. crowdstrike for example trades at 34 times fy27 sales, 164 times fy27 sales, and at 120 times fy27 fcf. this is pricing in perfection but we are only getting 25% growth and practically no gaap eps. i understand …
Long Term investing
Hello all, I think most of all follow the logic of "buy SP500 and chill", at largest or lowest extent. We take for granted that is the best way to build wealth at a reasonable rate. This relies on the assumption that USA will be the world leader for at …
I ranked 31 companies by their chances of still being great compounders in 30 years. What did I get wrong?
I tried to separate business quality from valuation and rank these companies only on their ability to compound intrinsic value per share over roughly 30 years. Current valuation is deliberately excluded. **A+** Microsoft **A** Alphabet, S&P Global **B+** Amazon, Experian, Intuit, Intuitive Surgical, Mastercard, Meta, Moody’s, MSCI, RELX, Visa **B** …
Thor medical - Trmed
Thor Medical (TRMED.OL) looks more like a materials supplier than a typical biotech. They extract Th-228, Ra-224 and Pb-212 from natural thorium in Norway. No reactor. AlphaOne at Herøya is finished and in commercial production. First deliveries are done. The process is self-scaling: same plant, more output over time as …
ONON: Decelerating wholesale growth with margins intact
On Holding is now trading at \~16x forward earnings against a historical average closer to 30-40x, while expected to grow between 18-20% for the next two years, and while maintaining the best gross margin in sportswear of \~65% Management cut guidance this year, down from at least 23% to low …
The following excerpt comes from chapter 6 of the book The Dealmaker by Guy Hands. This is a simple and plain explanation of how Private Equity makes money.
The following excerpt comes from chapter 6 of the book The Dealmaker by Guy Hands. This is a simple and plain explanation of how Private Equity makes money: ——- … I'm not saying that it doesn't take a degree of skill and a lot of hard work to pull off …
CoreWeave at ~$90: does the debt destroy the equity, or is the market underpricing compute scarcity?
I've been trying to value CoreWeave without falling into either of the two easy camps: 1. “AI compute demand is enormous, therefore bullish.” 2. “$35B+ of debt and negative earnings, therefore obvious short.” I think both miss the interesting question. CoreWeave may be an unusually leveraged bet on **the residual …