4
https://x.com/i/lists/1669153613199835138?t=R0mCicxs7zfJE_yOAek4gQ&s=09
Finding Compounders
Great read
Capital Cycle Analysis helps to identify investments with high and sustainable returns https://t.co/85vLuoiKpU
tweet
The Kobeissi Letter
US consumers are pulling back spending on dining out:
Restaurant and bar retail sales dropped -1.5% month-over-month in February, the biggest decline in 2 years.
This marks the second monthly decrease out of the last three.
As a result, restaurant sales have plummeted by an -8.5% annual rate over the last 3 months, the most since Q1 2022 when GDP contracted by -1.0%.
This is a sharp decline from the high-single-digit growth seen in Q3 2024.
This comes as food inflation has been a major issue with food away from home prices rising ~30% over the last 5 years.
Dining out is officially a luxury.
tweet
Alvin
About the lock screen blur being buggy on One UI 7, here's what I meant.
Look at the difference between the blur effects on my Galaxy S25 Ultra (One UI 7) and my S24 Ultra (One UI 6.1).
The S24U looked MILES better. That blur on the S25U is messy. https://t.co/Pe9Ks9tCl3
One UI 7 is a mess.
Not because it is bad. In fact, it is MY FAVOURITE smartphone OS/Android skin so far.
I just think it is Samsung's most chaotic OS upgrade ever.
Why?
✅ Super long delays. It will be released to older Samsung phones 6 MONTHS after other brands started their rollout phases.
✅ Some UI elements on the *stable* Galaxy S25 Series builds are so embarrassingly unpolished (the blur effects when trying to open an app using the lock screen shortcuts, the charging animations, etc.)
✅ They are still actively refining and changing up some UI elements on the Beta versions for the older Samsung phones instead of pushing them first to the S25 Series
✅ Now Bar on Samsung phones with an optical under-screen fingerprint scanner is so horribly out of place, making them unappealing to look at.
And more...
Honestly, Samsung should really take care of their consistency and readiness with One UI 8, because this is messy.
tweet
Finding Compounders
When Entry Multiples Don’t Matter
Great piece by Andreessen Horowitz https://t.co/9C24jfK4mg
tweet
App Economy Insights
Bloomberg reveals $GRAB has begun due diligence to acquire rival GoTo in a potential $7B+ deal.
A merger would control 60-70% of South-East Asia’s on-demand market. https://t.co/RUo8xNgS2g
$GRAB Grab Q4 FY24:
💰 GMV +20% Y/Y to $5.0B.
🏍️ Group MTUs +17% Y/Y to 44M.
• Revenue +17% to $764M ($6M beat).
• Adj. EBITDA +173% to $97M ($3M beat).
• FY25 Revenue +21% to $3.37B ($0.3B miss). https://t.co/1N2h5WyFz3
tweet
The Kobeissi Letter
BREAKING: General Motors, $GM, has selected Nvidia, $NVDA, to build its self-driving car fleet. https://t.co/o7r9sKOHHu
tweet
App Economy Insights
Google to acquire Wiz for $32B.
💰 $GOOG 's biggest deal ever.
👀 Wiz turned down $23B last year.
🔹Unified security across all major clouds.
🔹AI-powered threat detection & response.
🔹Integration with Google Security & Mandiant. https://t.co/ESLagCdYjK
tweet
Quiver Quantitative
Tesla short sellers have made $16B this year, per The Financial Times.
Marjorie Taylor Greene is now down 42% on her January purchase. https://t.co/bSKBaOgQh4
tweet
The Kobeissi Letter
BREAKING: S&P 500 futures surge as much as +100 points after February CPI inflation falls to 2.8%, lower than expected.
The S&P 500 is now up +130 points since our "short squeeze" call below. https://t.co/BIJ3911IBr
The case for a SHORT SQUEEZE:
Since February 19th, the S&P 500 has erased -$5 TRILLION in its most one-sided move since the 2022 bear market.
Total PUT option volumes have surged to a record 30+ MILLION contracts over the last 5 days.
Is a short squeeze coming?
(a thread) https://t.co/AutLiKW7Yh
tweet
AkhenOsiris
WSJ:
Many in the business community have abandoned efforts to get the president to reverse course on trade, instead pleading with the White House for clarity on his approach, the people said.
Trump’s aggressive approach to tariffs has unnerved some Trump administration economic officials, including staff on the National Economic Council, who are concerned that tariffs and uncertainty over trade policy are tanking the stock market and fueling price increases on everything from energy to construction materials, people familiar with the matter said.
The president’s economic advisers have warned him that tariffs could hurt the market and economic growth, but he has largely been undeterred, the people said.
Lutnick has at times not fully looped in some of the president’s other economic advisers, according to people familiar with the matter, including Hassett, U.S. Trade Representative Jamieson Greer and officials at the Council of Economic Advisers.
In one instance last week, Lutnick went on Fox News and announced that Canada and Mexico could soon strike a deal with the U.S. to avoid some of the 25% tariffs Trump had imposed over fentanyl trafficking. That surprised Greer and CEA staff, leaving them rushing to come up with a solution, eventually persuading Trump to grant a one-month pause on tariffs for goods that comply with a U.S.-Mexico-Canada trade agreement, according to people familiar with the matter.
Bessent has made clear to members of Trump’s team that he wants to be a principal voice on economic policy across the administration, according to people familiar with the matter.
This time, he is still interested in the markets, but is less inclined to abandon his tariff plans, though he has delayed the implementation of some duties, an administration official said.
Trump’s first-term National Economic Council director, Gary Cohn, and others at times opposed the president’s tariff proposals. This time, most of Trump’s current advisers aren’t trying to dissuade him from invoking tariffs, officials said. Instead, they are advocating for more targeted tariffs with exemptions for key sectors.
tweet
Alvin
First X Post with the Xiaomi 15 Ultra! 👀 https://t.co/kR2Fn23iQS
tweet
Alvin
Meet the Xiaomi 15 Ultra in this beautiful Silver Chrome colourway.
What a gorgeous looking phone. https://t.co/qCspKAG4Ah
tweet
Alvin
Oh look, my second Ultra of the year! 👀 https://t.co/3ak96yKur8
tweet
Finding Compounders
Warren Buffett wrote a Forbes article on what we can learn from Phil Fisher https://t.co/hrFzCR11rn
tweet
Alvin
The Indonesian prices of the Xiaomi 15 Ultra is already bundled with the Photography Kit, which makes it an even better deal than it already is.
Deliveries start from March 27th.
------
For the regular Xiaomi 15, they already included a 50W wireless charging stand as an offer.
Xiaomi 15 Series
Indonesian Pricing
Xiaomi 15 Ultra
• 16/512 GB: IDR 16,999,000 (~$1,025/₹89,683)
• 16 GB/1 TB: IDR 19,999,000 (~$1,206/₹1,05,510)
Xiaomi 15
• 12/256 GB: IDR 11,999,000 (~$724/₹63,304)
• 12/512 GB: IDR 12,999,000 (~$784/₹68,580)
An incredible pricing right there. 🔥
tweet
Stock Analysis Compilation
Lindsell Train UK Equity Fund on Intertek $ITRK LN
Thesis: Intertek is a leading global testing and assurance company poised to benefit from increasing regulatory demands and the green transition, supported by high barriers to entry and a growing focus on quality assurance.
(Extract from their Q4 letter)
tweet
Quiver Quantitative
BREAKING: A federal judge has ruled that actions taken by Elon Musk and DOGE to close USAID were unconstitutional.
Has ordered DOGE reinstate almost all of USAID's functionality. https://t.co/2AOOrroQVI
tweet
Alvin
One UI 7 is a mess.
Not because it is bad. In fact, it is MY FAVOURITE smartphone OS/Android skin so far.
I just think it is Samsung's most chaotic OS upgrade ever.
Why?
✅ Super long delays. It will be released to older Samsung phones 6 MONTHS after other brands started their rollout phases.
✅ Some UI elements on the *stable* Galaxy S25 Series builds are so embarrassingly unpolished (the blur effects when trying to open an app using the lock screen shortcuts, the charging animations, etc.)
✅ They are still actively refining and changing up some UI elements on the Beta versions for the older Samsung phones instead of pushing them first to the S25 Series
✅ Now Bar on Samsung phones with an optical under-screen fingerprint scanner is so horribly out of place, making them unappealing to look at.
And more...
Honestly, Samsung should really take care of their consistency and readiness with One UI 8, because this is messy.
tweet
Stock Analysis Compilation
Harris Global Concentrated Strategy on Sysco Corporation $SYY US
Thesis: Sysco Corporation is a high-quality foodservice distribution company benefiting from scale advantages, poised for long-term growth despite recent slowdowns in independent restaurant sales.
(Extract from their Q4 letter)
tweet
The Investing for Beginners Podcast
Learning to analyze companies is like weight-lifting.
You have to put in the reps.
Once you do, you will start to develop better systems and move through the process quicker.
Here are 5 quick steps to get started down the path. 🧵⬇️ https://t.co/xagkf1oBdQ
tweet
Alvin
Using the Sony Bravia Theatre U is so satisfying.
This neckband sounds awesome and it can be very useful for those who like to watch movies or play music but don't want to use wireless earbuds.
I would recommend using this at home, not in public. That's because people around you can hear what you're listening to, especially if they stand close to you.
I just tried it yesterday, and it does feel great and comfortable to wear!
tweet
Alvin
Let me make this one clear for you guys.
I don't "manipulate" any of my smartphone camera tests by adjusting the exposure, colour & saturation, using filters or photographic styles, and so on.
This applies to:
1. Camera comparison between two or more phones
2. Full Review
3. When I am making a consideration for concluding how good the phone's camera is
When comparing between phones, I always use the same or equivalent modes between them just to make things fair.
But when randomly sharing photo samples from a phone, I might adjust the exposure, use some kind of filters or styles, and do some other adjustments just to show people how to take advantage of the phone's full potential.
That's because I know, most people want to take good photos using the phone that they have.
Besides, no phone is perfect. It is hard to choose only one phone as the best cameraphone right now. It depends on so many factors.
What looks good to me might not suit your preferences. What looks good to you might not suit my preferences.
That's the beauty of photography, not limited to smartphone photography.
tweet
The Kobeissi Letter
BREAKING: Bitcoin surges above $84,000 as U.S. CPI inflation falls more than expected. https://t.co/aRAvNQiQOu
tweet
The Kobeissi Letter
BREAKING: February CPI inflation FALLS to 2.8%, below expectations of 2.9%.
Core CPI inflation FALLS to 3.1%, below expectations of 3.2%.
This marks the first decline in both Headline and Core CPI since July 2024.
Inflation is cooling down in the US.
tweet
Finding Compounders
In 2007 , David Einhorn announced Lehman as a short at the Value Investors Conference
Here is his communication with Erin Callan , the then CFO at Lehman. https://t.co/El5mNNVZ0O
tweet
Finding Compounders
Warren Buffett’s letter to National Indemnity regarding GEICO.
He goes into GEICO’s competitive advantage and the issues GEICO was facing. https://t.co/bQV0lMllmm
tweet
Alvin
After using the global Xiaomi 14 Ultra variant, I'm switching to the Chinese Xiaomi 15 Ultra variant.
I just want the best experience of using this phone.
Not only that it uses a 6000 mAh battery (vs 5410 mAh global), Chinese HyperOS is just better. https://t.co/AsIlE2RdPj
tweet
Hidden Value Gems
Any long-term compounders that you bought on the recent pullback? I only added to my $AER position so far.
#StocksToWatch #Investing
tweet
Alvin
Buying Ultra phones from several different brands is what I do yearly, but buying new fragrances is harder for me to resist.
300+ bottles later, and it is still not enough.
I'm 100% sure that if I use one fragrance every day from now, I can empty all of those perfume bottles in like 40-50 years even if I spray them liberally.
tweet
The Kobeissi Letter
It’s not every day you see something brand new in markets:
We are now down to minutely candlestick charts for US tariffs, per @JustinWolfers.
“Price action” in tariff charts is more liquid than some stocks. https://t.co/x9pJtkamt7
tweet