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.

"Our greatest glory is not in never falling, but in rising every time we fall." Confucius

"Life is really simple, but we insist on making it complicated." Confucius

"Only the wisest and the stupidest of men never change." Confucius

                                                                                                                          
$PD Pager Duty Thread - How to research a public company

Pager Duty $PD Day 1: Company Overview (S-1 Prospectus; ~3 hrs)

As a first step, I want to learn about how the company makes money & why it's valuable to customers.

Don't worry about the jargon; focus on the main idea & critical questions.https://t.co/iGisi03ew9

1/8 pic.twitter.com/sWUrTnMrAb

— Simon Erickson (@TMFInnovator) September 9, 2019

                                                                                                                          
$ECL Ecolab Thread

Ecolab's virtuous customer cycle (last week's investor day) pic.twitter.com/Qxyy3ItL54

— Bluegrass Capital (@BluegrassCap) September 11, 2019

                                                                                                                          
$MSCI Thread

1) $MSCI @ Barclays Global Financial Services Conference with CFO Linda Huber

— Jerry Capital (@JerryCap) September 11, 2019

                                                                                                                          
$SQ Square Thread

Square is buying a third-party brokerage API according to @Benzinga. If it launches a rival to @RobinhoodApp would extend the scope of its Cash App ecosystem considerably and allow users to manage entire financial life from an app. Nice! Long $SQ https://t.co/UG31n3CeIL

— Matthew Cochrane (@FoolMCochrane) September 11, 2019

                                                                                                                          
$MA, $V Mastercard\Visa Thread

(1/2) Good find, more from same interview. Sounds like $MA seeing unique opportunity in EU given regulatory changes impacting payments ecosystem (PSD2, open banking). While greatest risk to $V $MA business model is always regulation, they also present interesting opportunities pic.twitter.com/SYB1sSVhEA

— CORE Dental DDS (@CoreDentalDDS) August 8, 2019

                                                                                                                          
$CTRP Ctrip.com Thread

M* on $CTRP results (cc: $3690 HK, $780 HK, $BKNG) pic.twitter.com/ZC3WdunToT

— WTCM (@WTCM3) September 10, 2019

                                                                                                                          
$MCO Moody's Thread

1) $MCO @ Barclays Global Financial Services Conference with Mark Kaye – CFO

"we don't expect more issuance in the 2H, but do expect a higher % growth given how Q4 last year emerged. Over the long-term, GDP/disintermediation remain 2 of the primary drivers of issuance activity"

— Jerry Capital (@JerryCap) September 10, 2019

                                                                                                                          
Only one life. Keep it simple

We only have one life. Keep it simple & do 👇 rite now

-Missing somebody - Call
-Wanna meet up - Invite
-Wanna be understood - Explain
-Have questions - Ask
-Don't like something - Speak up
-Like something - Share
-Want something - Ask for it
-Love someone - Tell them#life

— LearnLifeWealthTravel (@AnyBodyCanFly) September 9, 2019

                                                                                                                          
$Z, $ZG Zillow Thread

“There’s over 100 million active users on Zillow and Trulia every month but only six million people buy and sell houses every year.”

Clearly there’s room for iBuyers to remove friction from home selling process. https://t.co/7E7xfnPuws pic.twitter.com/dC9uYhVD7G

— KiD💰 (@kidkapital) September 11, 2019

                                                                                                                          
$SPGI Thread

1) $SPGI @ Barclays Global Financial Services Conference with Ewout Steenbergen CFO

"July and August combined, bond issuance excluding structured finance is up 22%." 😳

— Jerry Capital (@JerryCap) September 11, 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.

"Best way to learn faster: Have a stake in the outcome.
To learn about food, cook for friends.
To learn about an idea, publish an article about it.
To learn about stocks, invest in the stock market.
Risk awakens our learning muscles like a splash of cold water." David Perell

$TRUP Trupanion Thread

Thanks for this. I did a bunch of reading on $TRUP today. Here are my thoughts, in random order:

1) The short thesis of "its overvalued because it trades at a high P/B" is BS. Insurance companies trade on earnings, even if some analysts pretend otherwise. Look at $PGR (5x book). https://t.co/icxaB6pGbZ

— Evan Tindell (@evantindell) August 8, 2019

$Z, $ZG Zillow Group Thread/1

1/x. Thread. my takeaways from $ZG $Z latest earning. (BTW great questions by analysts make this a fun one whether you're bull or bear). Overall I think company is executing and progressing toward its objectives.

— mspacey (@mspacey4415) August 8, 2019

$Z, $ZG Zillow Group Thread/2

$ZG Earnings Call 🎙: https://t.co/eHELNmA8Lp

Transcript 📝: https://t.co/r3E7NuFzgz pic.twitter.com/N4xfXewt72

— KiD💰 (@kidkapital) August 8, 2019

$PAR Technology Thread

Lots of nuggets from the $PAR earnings call last night:

— Prolific Web Surfer 🏄‍♂️ (@web_prolific) August 7, 2019

$BUR.LN, $BRFRF Long thread on Burford Capital

Initiating thread on Burford (to be updated periodically): We looked at Burford Capital very closely last year, before the stock has become (apparently) fashionable to discuss, as it has this year.

— LST (@LongShortTrader) August 7, 2019

$TDG Thread

(1/n) A few quick thoughts on the $TDG results. I look at organic revenue growth, EBITDA margins, and FCF generation.

Organic revenue growth at 11.8% was obviously great, but also in line with aero peers. Aftermarket sales are strong for everyone. I expected about as much.

— Kyler Hasson (@kylerhasson) August 6, 2019

$CSU.TO, $CNSWF Thread

I finished reading all the Constellation Software letters – some of the best in the business. Mark Leonard might be the most intellectually honest CEO I’ve come across.

I took 11 pages worth of notes! If you’ve ever wanted the SparkNotes version of these letters, here are mine.

— Travis Wiedower (@TravisWiedower) August 6, 2019

$DIS Disney\Hulu Thread

Quick thinking on Disney+/Hulu/ESPN+ bundle:

1) $12.99 is incredible value

2) Think they should add a Hulu/D+ bundle at $10.99 to capture the militant "don't want to pay for sports" crowd and also b/c behavioral psyche would say it makes $12.99 even more enticing

— modest proposal (@modestproposal1) August 7, 2019

$MMM Acquisition of $AVON.LN, $AVNBF

$AVON LN +19% today on acquisition of $MMM ballistic protection business pic.twitter.com/wvlmEffQKu

— WTCM (@WTCM3) August 8, 2019

$ADT Thread

Some $ADT tweets for a quick idea / post tmr

— Andrew Walker (@AndrewRangeley) August 8, 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.

"Win the race as slowly as you can. Don’t take chances." Mario Andretti

"The crowd remembers the crashes, the driver remembers the near crashes." Mario Andretti

"If you're so afraid of failure, you will never succeed. You have to take chances. " Mario Andretti

$SQ Thread

August 2014: $SQ acquires food delivery service Caviar for $90M in stock.

August 2019: SQ sells Caviar to DoorDash for $410M in cash/preferred stock.

Not a bad return on investment and positions SQ as neutral platform for all food delivery services to participate.

Nice.

— Matthew Cochrane (@FoolMCochrane) August 1, 2019

$TWOU Thread

I underestimated just how quickly things are changing in education.

"I wouldn't expect the same growth trajectory" actually turned out to be "have come to a grinding halt."

Increasing online competition is *really* hurting $TWOU's business. Here's a look at what's going on. https://t.co/nkb8bzTJWR

— Simon Erickson (@TMFInnovator) July 31, 2019

$CHGG Thread

Chegg $CHGG Q1 2019

- Revenue up 27%
- S&M up just 3% YoY
- Non-GAAP EBIT up 96% YoY (32% margins)
- FCF up 71% (22% margins)
- 2.2 million subscribers (up 29%)

Here are my notes from the earnings call...

— Ryan Reeves (@investing_city) August 2, 2019

$FND Thread

$FND SSS +3% and +14.4% on 2y stack basis

— WTCM (@WTCM3) August 2, 2019

$ALGN Thread

1) Yesterday, after posting my month-end performance summary, I objectively reviewed all my holdings. I do this regularly to remain objective and remove my own biases from the equation.

After going through each company, it dawned on me that $ALGN is no longer suitable for my...

— Puru Saxena (@saxena_puru) August 2, 2019

$Z, $ZG Thread

Zillow Offers (its home-flipping business) is a fairly bold bet by an internet company which primarily has made money selling ads on its website. $ZG $Z

— Luis V. Sanchez (@LuisVSanchez777) July 31, 2019

Charts Thread

Ice cream production during the Great Depression

(@nberpubs) pic.twitter.com/baZvSGbIvX

— Plan Maestro (@PlanMaestro) July 31, 2019

$APPL earning thread

Apple just released 3Q19 earnings:

$53.8 billion of revenue
$2.18 EPS

My estimates were:

$52.9B of revenue
$2.10 EPS

— Neil Cybart (@neilcybart) July 30, 2019

$CIGI Thread

$CIGI - Think the market has the EPS reaction wrong... Guidance hasn't changed and investment mgm't AUM has ramped significantly in the quarter (to $30.3 bn from $26.7 bn in Q1). Flow thru should mean $20+ mm of incremental EBITDA on a full year runrate basis.

— ValuewithaCatalyst (@ValuewaCatalyst) July 30, 2019

$CSU.TO, $CNSWF Thread

According to Mark Leonard, retaining the best sort of talent is “the internal execution issue that poses the greatest threat to our continued success” pic.twitter.com/E4Ny45EOoR

— Paul Barnes (@LennyIce) January 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.

"Any damn fool can put on a deal, but it takes genius, faith and perseverance to create a brand. David Ogilvy." David Ogilvy

"Don't count the people that you reach, reach the people who count." David Ogilvy

"What you learn is more important than what you earn." David Ogilvy

$ESTC Elastic Thread

'Why search is no longer all about $GOOGL': "Just as modern web businesses rely on search to keep them running, almost every business has realised that search is a basic function they have to get right" (cc: Elastic, Solr, $NFLX, $UBER, $MTCH, $EBAY) https://t.co/zkLnoL6xn9 pic.twitter.com/ADdUamkqaR

— WTCM (@WTCM3) July 18, 2019

Very interesting comments - Why should $IAC buy $CRCM

$IAC should buy $CRCM. It’s a great niche internet business that is terribly run. Would be a perfect turnaround for them.

— Long Short Value (@LSValue) July 18, 2019

Goldman Sachs Thread $GS

The $GS qtr was in-line with expectations. Continue to makes moves along the lines of the restructuring. Not growing risk-weighted assets and investing in Investment Banking and Investment Management. ROE is still only 11%. Their restructuring will need to improve ROE.

— Derek Pilecki (@gatorcapital) July 17, 2019

100 Baggers: Stocks That Return 100-to-1 and How To Find Them by Chris Mayer Thread

Given where Indian small caps are today, this book is a very reasonable investment. Go for it 👍🏻 pic.twitter.com/VKVfR2o0T3

— UnseenValue (@unseenvalue) June 20, 2019

BlackRock thread $BLK

$BLK total net flows +$151B in 2Q, including long term net inflows of +$125B w/ positive flows in each category. Strength in active fixed income, institutional index (both equity and fixed); ETF inflows of +$36B. Now $6.8T of total AUM https://t.co/mal1ExgnDq pic.twitter.com/AsuFAKfIhO

— WTCM (@WTCM3) July 19, 2019

Fundamental equity investing is a people driven business - Thread

I think we would all agree that fundamental equity investing is a people driven business.

— Shortsighted Capital (@ShortSightedCap) July 18, 2019

Medalia Thread $MDLA

Medallia $MDLA S-1; founded in 2000 w/ $HLT first enterprise customer in 2002 + touting itself as offering the "category-defining cloud-based [customer, employee, business, product] experience management platform" (cc: $ADBE, $CRM) https://t.co/e1TwJuy55E pic.twitter.com/LgjjdJE3mW

— WTCM (@WTCM3) July 18, 2019

Interesting discussion on Tinder - $IAC, $MTCH

why tinder is a sucker's game for both men and women on the platform (its not obvious but its not rly helping women find quality matches too)

tldr - oversupply of male attention; shortage of time for females to respond$MTCH $IAC

h/t locked accounthttps://t.co/FP7FGwtmci

— Rad Kapital (@radkapital) July 17, 2019

Article on iBuying movement - $Z, $ZG, $RDFN

1/ $Z, $RDFN, and the iBuying movement: updated Zillow blog post with more thoughts on Redfin and the broader trend of institutional home buying and economic factors.https://t.co/rEZFjYczTB
cc: @spencerrascoff @glennkelman @Rich_Barton @RrrrrJ

— brad slingerlend (@bradsling) July 18, 2019

Terry Smith on share buybacks

Terry Smith (2011) on share buybacks: "The positive impact on EPS of a share repurchase is the simple arithmetic result of the earnings yield of what you’re buying being higher than the after-tax cost of what you’re funding the purchase with; it is not the same as value creation" pic.twitter.com/zRtaOqobV0

— WTCM (@WTCM3) July 18, 2019

Chewy thread $CHWY

$CHWY pic.twitter.com/10jzEWcs0A

— North Bluff Capital (@bluff_capital) July 19, 2019

Could New Media Investment Group $NEWM be next BlueLinx $BXC?

$NEWM - If $200 mm synergy number in WSJ article is accurate, this could be $BXC 2.0. First, rips unbelievably when deal is announced, then over time reality sets in. Feels like a terrible short right now. Calls actually look very interesting from a risk/reward perspective

— ValuewithaCatalyst (@ValuewaCatalyst) July 19, 2019