Is this place completely dead now? Over the past hour I’ve got 7 tweets from 742 accounts I follow

When you account for 10% of daily trading volume in a nanocap stock 🐳

Brent down 4.75%, usd index down 1.75%. Oil just got cheaper 6.5% for non US buyers

It seems like there is at least one certainty: if I’m a ceo of a US company I’m delaying investment projects to see where the dust will settle down

If Trump tariffs cause recession I’m loading up with oil stocks, anyone who survives 3 recessions in a decade will have bright future

State of oil services now: I own a company that’s trading at c. 6x ebitda and buys other oil services companies at 3-4x ebitda (that’s 6-8x p/fcf); last 8 years revenue per share cagr = 21%. I know, I will get rekt on this one but at least it’s going to be fun

My favorite chart of the day

There is a category of cyclical stocks that are flat for decade, then double or triple in a couple of years and stay flat for another decade

How to pick good management teams

This podcast is the most clear sign of the bubble in so called "quality" stocks I've seen so far @upslopecapital.bsky.social

Management philosophy of Post Holdings

Does it make sense to pursue green transition agenda in a dog eats dog world? Waiting for Europe to abandon this effort

We Finns should have learned this already from the Winter War. Without the social policies of the 20's-30s, the war would have most likely ended differently. But thanks to those policies, even the poor felt like 🇫🇮 was worth defending, unlike in 1918.

Trump is dismantling existing world order and you’re not bullish commodities ?

European defence stocks in panic buying mode

Bust after post Covid boom seems like a decent hunting ground

India looks unstoppable

Done shitposting for today, back to work

Thinking about the value of experience in business and investing. My hypothesis based on observation is that experience is more valuable in slow moving industries (banks, oil and gas) than in fast moving industries like tech

It seems like capital allocation skill is a natural extension of operational excellence. Never seen good capital allocator management who were not good operators. But not all good operators master capital allocation, which itself takes a lot of time

I like this definition of corporate culture: the worst behaviors that leadership are willing to tolerate.

Babcock with a casual +10% day on strong guidance

I have translated today's speech in the German Bundestag by Ukrainian Jewish Holocaust survivor Roman Shvartsman into English, because I think it is really important that as many people as possible read it. Please re-post and share. Thank you very much! www.bundestag.de/dokumente/te...

UPS is done

Russia keeps financing anti-EU parties across Europe while Europe keeps buying Russian LNG. Essentially Europe is financing hybrid war against themselves. Unbelievable stupidity

My observation following excellent management teams in massive slow/no growth industries like banking, insurance, oil and gas, transportation etc is there are ALWAYS segments within the industry that are growing. ALWAYS. There are always segments that are more defensible, more profitable etc

Out of the 30 largest companies by market cap only 6 are not from the US

“the European Commission estimates that the bloc’s members will need to spend €500 billion on defense over the next decade — still means there will be a lot of money available for European defense firms” www.politico.eu/article/dona...

situation in cannabis industry is so bad that Tilray decided to divorsify into beer

Danaher Business System

Pricing power at WDFC

A list of my most-recent write-ups on the Asian Century Stocks newsletter: www.asiancenturystocks.com/p/table-of-c...

4Q'24 Palm Valley Capital Fund on $KELYA, $SEB, $HTLD More fund letters here: lettersandreviews.blogspot.com/p/4th-quarte... #stocks #investing #$KELYA #$SEB #$HTLD

Fun stat: # of stocks in S&P 600 index (small caps) with - >20% price CAGR over the last 15 years: 15 - <0% price CAGR over the last 15 years: 75

Babcock at 10x earnings growing at 15%, yet nobody cares www.ft.com/content/8c35...

3-4y IRRs from my small cap watchlist / portfolio

Chips on shoulders put chips in pockets

Not bad for European defence stocks

Make a real starter pack babygirl, here is how bsky.social/about/blog/0...

Extremely impressive business transformation at Deckers: from mostly wholesale channel to wholesale + DTC. Also growth at HOKA helped a lot. Pulled off by Dave Powers.

If you invest in small caps what’s your required IRR? It obviously depends on risk but I’m gradually leaning towards thinking that anything below 20-25% is not worse the brain damage

I’m a power user of notebook LM. Wrote to customer support that I absolutely hate when the app sends me back to the home dashboard when I press “Save to not” button, this disrupted my workflow. Took them a couple of days to fix this. Amazing speed, now works fine

Egg prices

Record retirement due to booming stock market AND boom in low skilled industries like construction = you have massive labour shortage which you cover with unprecedented immigration

Watched an interview with CEO of a European company. The guy mentioned “sustainability” around 30 times during 15 minute interview. 🤨

Got the first crypto scam offering from the imposter “bill brewster” account

Slowly rebuilding my twitter circle here without Nazis, Russian bots, crypto folks and M*sk

One theme that I found interesting in the latest Einhorns interview is he explained how slow growing, boring businesses can get to 50-60-whatever earning