What seems like ages ago (August 2020) I did a small writeup on Cloudflare. I wrote then: The company does a ton of things but…
As April 22 approaches and COVID recedes, I’ve started thinking a lot more about taxes and owning businesses for the long-term. This newsletter started in…
“Forcing ourselves to express how sure we are of our beliefs brings to plain sight the probabilistic nature of those beliefs, that what we believe…
It absolutely is a turning point, Michael. And I think that — I think you use Labor Day as the day, but I think you…
When I think of why I own AutoZone (AZO), two things stand out to me: Impressive share purchase program Misunderstood business bears think is in…
Crocs is fresh off its Investor Day and rallied nicely afterwards (+7% since 9/14 when it held Investor Day). Its YTD performance (+152%) is amazing. The stock…
It has been a while since I updated you as the day job has been crazy recently. My portfolio has stayed mostly the same and…
TURN reported Q2 earnings Monday and did the call yesterday morning – story remains exciting as NAV is at a 6.5 year high and grew…
Quick Stock Talking note today – hidden in Cinemark’s Q2 2021 10-Q is actually NCMI’s 2Q revenue, operating and net income results: You can see this…
Charlie and I never spend a day talking about macro. Warren Buffett I spent a good chunk of Saturday catching up on Q2 earnings and…