2nd Shift

Banker by day, stock vigilante by night

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Performance by year since 2023 (S&P 500)
2023: +102% (+24%)
2024: +7% (+23%)
2025: +73% (+16%)
2026 YTD: +41% (+5%)

Cumulative performance since inception hit +426%!

Top contributors over the years have included $META $BABA $BLDE (now $SRTA) $HNST $INTC $STX

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@BillAckman @NYCMayor Definitely hypocritical, but $300k is poor by New York standards. For the most important role in the city, he can have it.

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@TheSalonDon And he followed you with his burner account 👀

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“A man who risks his entire fortune acts like a simpleton, however great may be the possible gain” - Bernoulli

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@zerohedge AI investment processes will help small caps attract more institutional capital. Historically large managers don't have the time to allocate to smaller firms even if they have attractive yields.

AI will change the balance of this.

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@PeterBerezinBCA @BlackScholesMan The policy whiplash will be dramatic if stuff like this happens

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@joinyellowbrick @pernasresearch @david_katunaric Solid math lol @david_katunaric better go find more micro rocks

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@madrush222 Still limited movement to the price since this deal was made - tomorrow should be interesting.

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Big day tomorrow $GENL.L reports in the morning EDT. It will be interesting to hear how the Iran conflict is impacting the business and changing go forward expectations.

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@stoolpresidente Seven ate nine

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@TokyoDeepValue Buying cheap enough protects the downside risk, but when I invest I try to generate some sort of return. That generally requires earnings growth, re-rating or capital return.

Not sure what type of "investing" you've been doing

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@TokyoDeepValue Okay but what is the catalyst for rerating?

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@Aaronbarfield Options. A mix of collars and covered calls

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@pernasresearch Love to see you guys investing with conviction and size, great stuff!

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Just to steel man a couple reasons why semi's may have a limit to their run.

- Other bottlenecks limit the utility of semiconductors (energy, data centers)
- Production bottlenecks
- Revenue from AI applications missing expectations

I still hold $STX and $INTC

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The AI semiconductor story has been bonkers. Having not been investing back then, this is what I imagine 1998-99 felt like.

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Follow along for upcoming stock picks, research and more.

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+400% returns in 40 months

Since formalizing my own investing at the start of 2023, I’m up 426% as of the April 24th close.

Over the same period the NASDAQ returned 137% and the S&P 500 returned 87%.

[2nd Shift @2ndShift_x]

Performance by year since 2023 (S&P 500)
2023: +102% (+24%)
2024: +7% (+23%)
2025: +73% (+16%)
2026 YTD: +41% (+5%)

Cumulative performance since inception hit +426%!

Top contributors over the years have included $META $BABA $BLDE (now $SRTA) $HNST $INTC $STX

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.@TokyoDeepValue has great posts but doesn't always share the tickers

Here's the tickers I was able to track down from his posts:
- $9509.T - Hokkaido Electric Power
- $9993.T - Yamagata Supermarket Chain
- $5199.T - Condom Manufacturer
- $5970.T - Bolt Manufacturer