Selected Tweets

It's time for some tweets.

If you want to share any tweets with me please send me email or dm on twitter. 

Thanks for reading.

"The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions." Seth Klarman

"We are big fans of fear, and in investing it is clearly better to be scared than sorry." Seth Klarman

"We worry top-down, but we invest bottom-up." Seth Klarman

                                                                                                                          
Mission critical companies. Lots of good names.

Mission critical companies

Companies that if you shut them down today, the company that uses them couldn’t function:

Salesforce
Microsoft
Guidewire
Instructure
Blackboard
Veeva
Adobe
VMware
Nutanix
AutoDesk
Square
PayPal
Shopify
Wix
Wordpress
Stripe
AWS
Cerner
Epic

Who else

— Sean D. Emory (@_SeanDavid) September 6, 2019

                                                                                                                          
Brian Feroldi portfolio and see comments and discussion

Playing catchup with my favorite Fools:

My top holdings in descending order by position size:$MA (7%), $MELI (6%), $AMZN (5%), $BKNG, $NFLX, $FB, $SBUX, $ISRG, $V, $PAYC, $AYX, $GOOGL, $GOOG, $SQ, $ADBE......

Rest here: https://t.co/yVLupW6xL1

— Brian Feroldi (@BrianFeroldi) September 6, 2019

                                                                                                                          
$NTNX Nutanix Thread

The article for Google to buy Nutanix makes sense from the angle that Google as a company has been more open to broader ecosystems. $ntnx

We know FOUR things:

— Sean D. Emory (@_SeanDavid) September 5, 2019

                                                                                                                          
$SPLK Splunk Thread

I've now got a position in Splunk $SPLK

Leader in analysing/monitoring machine-generated big data.

Revenue projected to grow > 20%CAGR over the next 5 years; TTM P/S = 8

— Puru Saxena (@saxena_puru) September 4, 2019

                                                                                                                          
$T AT&T Thread

Elliot $T Chart Porn

— Jerry Capital (@JerryCap) September 9, 2019

                                                                                                                          
$GOOG, $GOOGL Thread

"Given how $GOOGL's product suite is closely interwoven, it’s not that much of a leap to wonder if such a guarantee could soon extend to hotels" (cc: $BKNG, $EXPE) https://t.co/RHVKjN9hSJ pic.twitter.com/XpC8j8Mld4

— WTCM (@WTCM3) September 6, 2019

                                                                                                                          
$FISV Fiserv Thread

$FISV recently filed docs in Bessemer vs Fiserv lawsuit detail a litany of product and organizational failures at Fiserv. Their core software offering is a hackers dream, full of holes that go unrepaired. It is also their own customers nightmare. Bessemer pulled the plug on $FISV pic.twitter.com/3stg38qHSj

— Empty Boxes (@emptyboxguru) September 5, 2019

                                                                                                                          
What's your single largest holding? Read comments for ideas.

It's uncomfortable and taboo for many to talk about their personal investments (unless of course they had a big winner!)

Surprisingly, people are often candid with this question:

"What's your single largest holding"?

Y'all know mine...what's yours?https://t.co/uW7e7C6OsF

— Meb Faber (@MebFaber) September 4, 2019

                                                                                                                          
Interesting Global Warming Thread

Tweetstorm about Global Warming, or alternatively Human Induced Carbon Cycle Imbalance.

It is a correctable human problem with a realistic human solution that should be pursued, discussed, and most importantly heavy funded.

Note: I’m not a scientist but rather an enthusiast

— Long Short Value (@LSValue) September 5, 2019

                                                                                                                          
Thread on Michael Bury Bloomberg article

Looks like Burry struck a little close to the heart...https://t.co/lEbmcrm0qJ

— Nate Tobik (@oddballstocks) September 5, 2019

Selected Tweets

It's time for some tweets.

If you want to share any tweets with me please send me email or dm on twitter. 

Thanks for reading.

"I'm a great believer in luck, and I find that the harder I work, the more I have of it. " Thomas Jefferson

"Do you want to know who you are? Don't ask. Act! Action will delineate and define you." Thomas Jefferson

"Whenever you do a thing, act as if all the world were watching." Thomas Jefferson

$PYPL Thread

1/ PayPal $PYPL first. I don't like putting exact numbers on TAM, think it's borderline silly. Just want to be directionally right and be in ballpark w/scope. That being said, think we are in very early innings w/PayPal's growth. (cont) https://t.co/8fo2y5t4cm

— Matthew Cochrane (@FoolMCochrane) August 12, 2019

$PYPL Thread No.2

Sri Shivananda, $PYPL CTO: "India is critically important. We look at regions and then there are countries of importance... India currently is an area of focus.” https://t.co/WksrjKXq4D

— WTCM (@WTCM3) August 14, 2019

$JD Thread

$JD wrote this in their 2018 factsheet:
"Approximately 12,000 engineers between China and Silicon Valley"

May 2019 factsheet states "17,000".

R&D is up a whopping 34% yoy to ~$0.5bn "as a result of the company’s continued investment in top R&D talent [...]"

— sebidscap (@sebidscap) August 13, 2019

$TYL Thread

1) $TYL at KeyBanc Capital Markets Tech Leadership Forum with CFO Brian Miller & CEO Lynn Moore Tyler

— Jerry Capital (@JerryCap) August 14, 2019

Lots of good videos on this conversation

What's the best business/investing video you've ever watched? 🖥❓

— Ryan Reeves (@investing_city) August 14, 2019

Portfolio buys and sells $BRK, $WFC, $GLIBA, $BX

Added some to $BRK at $198, bought new position in $WFC at $45. Sold smallest positions in $GLIBA and $GM. Only activity YTD except new position in $BX in Q1.

Top 5 positions:$BRK$CHTR / $LBRDA$GOOG$V$MKL

— Value Seeker (@Find_Me_Value) August 15, 2019

$LK Thread

“Founded last year, Luckin claims to have opened more than 500 stores in China in just five months. Its outlets serve lattes at prices about 30 per cent lower than Starbucks’ and provide subsidised deliveries to office workers.” https://t.co/QLwFMlDmhh

— Paul Barnes (@LennyIce) July 11, 2018

$LK discussion

$LK has announced Q2 results -

Revenue +698.4%YOY
No. of customers 22.8m (+5.9m added in Q2)
Avg. monthly transacting customers 6.2m (+410.6% from Q2 '18)
Total no. of stores = 2963 vs.624 in Q2 '18
Store level op. loss = RMB 55.8m vs. RMB81.7m in Q2 '18

I've got a position.

— Puru Saxena (@saxena_puru) August 14, 2019

Animal health landscape $ELAN Thread

animal health landscape & sales mix (cc: $ELAN, $ZTS, $BAYN GY, $MRK, $DPH LN, $VETO FP, $PAHC, $VIRP FP) pic.twitter.com/ogp4Ige6Sc

— WTCM (@WTCM3) August 11, 2019

OTA revenue distribution in 2018 $BKNG, $EXPE, $CTRIP, $DESP, $TRIP

public OTA revenue distribution in 2018 (cc: $BKNG, $EXPE, $CTRP, $TRIP, $TRVG, $DESP, $MMYT, $LMN SW, $OTB LN, $EDR SM) https://t.co/dyPkASGqqq https://t.co/dyPkASGqqq pic.twitter.com/R2j4WW8oOs

— WTCM (@WTCM3) August 13, 2019

Selected Tweets

It's time for some tweets.

If you want to share any tweets with me please send me email. 

Thanks for reading.



"Rich people have small TVs and big libraries, and poor people have small libraries and big TVs." Zig Ziglar

"The most important persuasion tool you have in your entire arsenal is integrity." Zig Ziglar

"Put all excuses aside and remember this: YOU are capable." Zig Ziglar


1. $DIS + Thread

1/ On Disney+, overlooked marketing savings, and antitrust:

You should read this (2014!) article from THR about rising marketing costs.
2007 Transformers was $150M
2014 $200M for tentpole films, and $40M for movies like The Fault in Our Starshttps://t.co/MYO6h6DIS5

— ratch (@ratchmor) September 13, 2019

2. $DIS + Thread

I got some good feedback regarding the $DIS+ platform being able to save marketing spend (~50% of a production budget) & allow DIS to capture competing studios' spend if it can win enough consumers.
Captain Marvel provides a great example. Lots of numbers follow.

— ratch (@ratchmor) September 14, 2019

3. $DIS + Thread

Disney and Apple are not competitive, not competing, generally indifferent to what one another does.

— Matthew Ball (@ballmatthew) September 14, 2019

$BPY Thread

$BPY Q2/19 Investor Letter highlighting what is working in retail

- Sears, Macy's, Bon-Ton anchor tenants replaced with Lifetime Fitness, Costco, Top Golf
- Opportunities to redeveloped malls, almost all of which include a residential componenthttps://t.co/sjk6M73GVr pic.twitter.com/0XgWtmPvqe

— Jerry Capital (@JerryCap) August 2, 2019

$MELI Thread

Not picking on him, but reading a fascinating 2009 article from @timhanso on $MELI. This was his most optimistic scenario for the company in 2019 .

How does reality compare? (See below)https://t.co/YoxBncpBjX pic.twitter.com/O3pIHNdUwr

— Brian Stoffel (@TMFStoffel) August 2, 2019

$BKNG Thread

the $BKNG business model https://t.co/GZIRPxubiD pic.twitter.com/nMgCRcXSPf

— WTCM (@WTCM3) August 4, 2019

Moats

Moats are actually loops. Fun exercise—try to draw this for whatever business you work in or a company you love.

From @maxolson

https://t.co/HkPVf45eyj pic.twitter.com/qznM8CIwBx

— Patrick OShaughnessy (@patrick_oshag) August 4, 2019

Expanding on the Moats above

1/ A recent lightbulb moment of mine was that competitive advantage can be represented visually as 1 or more feedback loops. These create an advantage "flywheel" that maintain and grow a moat over time.

— Max Olson (@maxolson) August 4, 2019

$BLL Thread

$BLL Fisher 2Q19CC: "the amount of growth we are seeing today and are securing into the future is amazing" (cc: $CCK) pic.twitter.com/bo4oY12i4n

— WTCM (@WTCM3) August 4, 2019

$ICE Thread

WSJ profile on $ICE's Project Pillar ("designed to turbocharge the Big Board’s stock and options exchanges and help it regain market share from more tech-savvy rivals") (cc: $CBOE, $CME, $NDAQ) https://t.co/xdPb6AWxsO

— WTCM (@WTCM3) August 5, 2019

Chartstravaganza

Here’s Chartstravaganza … because there’s more than trade disputes

(@crushspread) pic.twitter.com/mbvJpfu23d

— Plan Maestro (@PlanMaestro) August 4, 2019