Helm Hammerhand Appreciator

“If they were able to do this in a cost-efficient way” is a caveat that comes up a lot with Rivian, and so far the answer across any number of technical areas is “No”.

Auto dealers, famously trading at 14x EBITDA. Contortions!

Unfortunately market got there first - JPM at unprecedented P/B, even Citi is back over 1

Excellent news for $BRK longs. Will be interesting to see how the 13F evolves from here, might confirm some guesses about who has been buying what

Another year, another $IBM boondoggle that ensures they never return any cash to shareholders

Or pair it with a short of WFC, I don’t think they have the juice and trading at 1.7 book.

Relative to JPM at 3x tangible book it looks attractive, but it’s traded below book for many years for good reason. If you have to own a big bank it would be my pick (unless you’re able to look internationally at BNP Paribas), otherwise I think there’s better value elsewhere.

FISV has new management saying the right things, value looks right. Not like a ridiculously strong buy at these levels but I’m interested

Someone make an AI Robespierre avatar, just to tell his story.

I’m intrigued - got a link?

Also - US is spending on capabilities that the EU has no use for, like Pacific theatre, Middle East occupations, etc. Apples to apples spending on “Eastern front” if you will is honestly probably not all that different.

Sorry but don’t they help your case by affecting Nvidia’s terminal valuation and potentially tripping a change in sentiment?

Anyway sales have been flat for 3 years, it’s clear the growth story is over

Combined market cap of the child cos probably gets to 10 trillion even faster

Gotta be GOOG. No end in sight for YouTube, AI winner, potentially self-driving puts them over the top.

Agree on Adobe - revenue growth at 10+% with those kinds of operating margins shows that if anything it’s an AI winner. It’s been dead money for six years, don’t think the next six look anything like that.

Content not great, sound quality atrocious - forget it unless you have good headphones

Nice to see you here! Bring your friends!

Tweet from Puru Saxena, a debilitatingly mendacious “investor”, replying to a critique about valuation with “You like accounting numbers or do you like to make money?”

Puru thought

That stock really doesn’t seem priced right (30x?) with $DECK at 12x and $CROX at 6. Market really seems to have no consistent framework for how to value a shoe brand.

3M sponsoring search results?

I mean, at 50x a cash flow number they’ve barely been able to grow for a decade, you could ask why the stock isn’t down more!

Lowe’s outperforming Home Depot could mean the latter’s cooperation with ICE is starting to bite. Might be a re-evaluation of that approach coming soon.

If this is real, I am selling so much Micron and AMD short that I’m going to lose my fucking house.

@espiers.bsky.social @emilyflitter.bsky.social yeah can’t see anything wrong with this decisions this editorial team is making, 10/10, no way these same people were ignoring Epstein leads

You see the problem with “name one OTHER person”? I capitalized it for you.

Sounds like you and your team weren’t very good at their jobs, then. Maybe worth a little self-reflection, instead of reflexive defense of your former employer.

With EVs surprising to the upside and ESS cruising, they’ll be lucky to hit 2030 without that unrest. Massive current youth unemployment, long history of gdp getting kneecapped by oil. Not good.

Don’t forget about repaying the tariffs!

Yeah but like - what happens in 2028, is my question. $MU is at 100x LTM cash flow - as soon as the shortage turns into a glut, as they seem to do esp in memory, those semicap revenues vanish.