Todamoon

Not financial advice

[Todamoon @BuyLow2020]

@boochanco @tan2sy Let them stay in their malls so other Filipinos can create industrial giants. If we push these landlords to create factories then they will be landlords and factory owners too.

There is this gap waiting to be filled and we want new surnames to fill them.

[Hunter Biden @HunterBiden]

@JaulaDePerreo “A vote for Hunter is a crack to the system.” Now that’s a campaign slogan!

[CZ 🔶 BNB @cz_binance]

Prediction: Bitcoin will flip gold.

I don't know exactly when. Might take some time, but it will happen. Save the tweet.

[Grok @grok]

Robert Kiyosaki has predicted a financial crash at least 10 times since 2008, based on statements from 2011 to 2023. These include warnings about stock market collapses and economic downturns, often tied to his books or investment advice. While he accurately foresaw the 2008 crisis, many later predictions have not materialized, with the S&P 500 rising 280% since 2011. Critics note his frequent forecasts may serve promotional purposes. For 2025, he predicts a major crash, but mainstream outlooks suggest growth with volatility, not collapse. Investors should approach his claims cautiously and diversify.

[TraderLion @TraderLion]

If you follow the right people on X, you'll never stop hearing about the importance of risk management.

But it's challenging to find actionable rules to actually manage your risk in real time.

In our interview with @duppal75 (a top US Investing Championship performer), you get just that:

—

Timestamps:
00:00 - Deepak Uppal - 259% Return In 2023 USIC!
06:30 - Risk Management Breakdown
09:51 - Market Conditions & Equity Curve
15:38 - General Market Conditions
21:10 - Position Sizing
24:36 - Stop Losses
28:33 - 2 Types Of Risk
32:54 - PANW Example
38:51 - LLY Example Oversize
42:48 - NVDA Example Earnings
48:20 - META, TSLA & MSTR Example
54:15 - Key Takeaways
55:56 - Strong Uptrends VS Testing The Water Situation
01:00:52 - Progressive Exposure
01:05:09 - Selling Into Strength
01:07:18 - General Questions
01:16:56 - Exercise To Practice
01:21:25 - Advice To Traders

Enjoy 💪

[Mark Minervini @markminervini]

-- 40-years ago when I told my family and friends I was going to be a stock trader, I was told all the reasons why I shouldn’t and couldn’t. It’s gambling, it’s not a real job, they said.
-- When I made my first million dollars, I was told I was lucky.
-- When I won the 1997 U.S. Investing Championship with a 155% return, I was asked... did you get lucky?
-- When I returned 33,500% in just 5-years with every year up triple-digits, I was told I was in the right place at the right time in a bull market (again luck, lol!)
-- When I landed Soros Management as my biggest paying consulting client, I was told I got a lucky break (again, luck? I must be the luckiest guy in the world… lol!).
-- When I was included in Jack Schwager’s Stock Market Wizards book, I was told that the best traders were already in Market Wizards 1 & 2. (I wonder if the they told Steven Cohen the same thing).
-- When I made my first $10million, I was told that there are many people who are richer than me.
-- When I made my first $20million, friends questioned and asked, “yeah, but are you happy?” They still ask that today. The answer is HELL YEAH! (Money is just a magnifier, if you're unhappy, money makes you rich and unhappy. If you're an asshole, money just makes you a rich asshole.)
-- When I told my people I was going to write a best-selling trading book, they said, what do you know about writing, you’re not a writer.
-- When I told people I was going to write a best-selling mindset book, they said, what do you know about mindset? You’re not a psychologist, you’re a stock trader (well, at least now I was accepted as a stock trader). I now have 4 best-selling books in 14 languages.
-- When I told people I was going to enter the 2021 U.S. Investing Championship, they said, it’s all downside, why would you risk your reputation? I won with a 343% return and broke the all-time record in the $1million+ accounts.

You see, there will always be people like this in your life; those who discourage, those who lack vision; the skeptics, the followers, and even those that truly care about you who are trying to protect you from disappointment. If I had listened to them, I would have quit and never accomplished the greatest achievements in my life, and I wouldn't be here today inspiring others.
If you listen to these types of people and believe them instead of believing in yourself, you will allow them to steal your dream and you will never accomplish what you are truly capable of.
Expect to be doubted.
Expect to be discouraged.
Expect your family to be scared of your big dreams.
Expect to be envied.
It’s all part of being exceptional. Embrace it, smile, and get back to the work of moving closer to your dream each day, little by little.
If you persist unconditionally, you too will amaze the doubters and earn the respect of critics. You will become the champion of your own life, and you will help change the world in a positive way.

Best wishes, love and blessings.
Have a wonderful day!
Mark Minervini

Help me inspire the world. Retweeet this post please.
#motivation #motivational #inspiration #inspire

[Oguz Erkan @oguzerkan]

Jeff Bezos’ legendary response to 80% decline in Amazon’s stock price in 2000

[ABS-CBN News @ABSCBNNews]

Bangko Sentral ng Pilipinas reduces key policy rates by 25 basis points to 6.25%. | via @lady_vicencio

FULL STORY: https://t.co/hAM5MZNVJ3

[Mark Minervini @markminervini]

You don't need a huge stock move to make a huge return. You need to make more on your winners than you lose on your losers and do it enough times to reach your goal... which is far easier to do than finding and holding the next Amazon.

[Keen Sentinel @Keen_Sentinel]

China told the Philippines in a recent statement that it must be reminded of the "horrors of war."

War isn't something new to the Philippines. Against Spain, the US and Japan; against terrorists and against communists.

We are a nation of warriors. We do not yield.

[DEGEN NEWS @DegenerateNews]

BREAKING: @JupiterExchange TOTAL VOLUME SURPASSES $100 BILLION

[Finding Compounders @F_Compounders]

Warren Buffett’s 2008 article :

Buy American. I am

[Finding Compounders @F_Compounders]

Walter Schloss returned 15.7% per year over 45years.

He wrote this paper explaining why he invests the way he does.

“Why We Invest The Way We Do” by Walter Schloss

[Dhaval (Investment Books) @InvestmentBook1]

The Most Iconic Lecture by Peter Lynch on Investing

Still Relevant After 25 Years

Best 47 Minutes Investment!

[Brandon Beylo @marketplunger1]

Bruce Greenwald invited Li Lu to speak to his class on value investing.

The result is a 90 minute masterclass on how to be a value investor.

If you haven't watched the video, do it now.

If you have, it's worth re-watching.

Here is a list of my favorite quotes from Li Lu 👇

PERSONALITY OF A VALUE INVESTOR

• "Understand who you are as an investor, because you will be tested. You will have to ask yourself if you truly are a value investor."

• "Value investing goes against our evolution of following the crowds to survive."

• "You will spend most of your time as an investigative journalist. To have insatiable curiosity."

• "You almost have to be curious about everything. Because you never know where you'll get that one major insight."

INVESTOR CRITERIA

• Is it cheap?

• Is it a good business?

• Why is this opportunity available to me?

"Once you answer those questions, you really have to go for it."

INVESTMENT CASE STUDY 1: TIMBERLAND

• "The first thing I check in a company is it's valuation."

• "If you're an investor you don't care where it traded before."

• "What matters isn't the price-to-book ratio itself, but what's in the book value."

• "You want to compare the capital invested in the business to how much pre-tax cash flow the business generates using that capital."

• "So Timberland generated $100M on $200M in capital invested. So why does the opportunity exist?"

- Nike, Reebok, all the shoe brands fell off a cliff during the Asian Financial Crisis.

- Founder owns 40% of the stock

- Company was profitable and didn't need financial markets (no sell-side)

- Tons of shareholder lawsuits

• "What would be your conclusion if you were a normal mutual fund hearing this information? That management is milking the company for their own gain."

What does Li Lu do next?

• "I download every file of the shareholder court cases. That's the investigative journalist part."

• "The result was that the founder withdrew guidance and shareholders didn't like it. That was it."

How do you determine if management are decent people?

• "You've got to be an investigative journalist and find the trail of evidence. Go to their community. Introduce yourself to their friends/family/neighbors."

Total Time Commitment: "A couple of weeks of diligent/obsessive work"

• "Investing is intensive work for short bursts of time."

HOW MUCH TO BUY?

• "If you go join a fund, they'll tell you not to risk anything more than 25-50bps."

• "Think about how much effort you put in to this work. You have no downside and its trading at 5x profits."

• "So, I put a shitload of money into Timberland. Over the next 10 years it went up 7x. It was never more than 15x earnings."

• "If you're not a good analyst, you'll NEVER be a good investor."

• "When it goes up, you don't have to do a damn thing. You just sit on it and ride with it."

INVESTMENT CASE STUDY 2: KOREAN COMPANY

• "Don't think about per-share numbers. Think of yourself as an owner."

• "$236M in book value, $60M market cap, $25M net earnings."

How do you know it's cheap?

• "You must confirm that the earnings are there, and that the book value is real, liquid, and tangible."

• "They're trading at the cash value in the bank with no debt. They have hotels and department stores that they own outright. They're making $30M+ in pre-tax earnings. And insiders own 50%."

The result: Went up 5-6x

VALUE INVESTING IS NOT NATURAL

• "There's a lot of money in value investing. But it's still unnatural to most people."

• "One thing you have to do, is you have to do the work. You have to do the reps. You can make a ton of money if you really do this stuff."

• "I benefited by listening AND THEN DOING my own work. Making my own investments and mistakes."

WHAT MAKES A GREAT ANALYST

• "You must provide accurate and complete information. If you can't succeed on that, you can't succeed in this business."

• "If you're not confident about your prediction and what you know, you can't put any money when the stock's in free fall."

WHAT PROVIDES THE BIGGEST RETURNS

• "Your biggest returns will come from no more than ten tremendous insights. That's it."

• "The only way to build those insights is intense curiosity, intense study."

INVESTING MISTAKES

• "The biggest mistakes come when you buy before you've done all the work."

• "My biggest mistakes aren't buying and losing money. It's not buying and missing out on 50-60x returns."

HOW MANY COMPANIES SHOULD YOU BUY

• "I don't have any set rules on how many stocks or companies I buy. Opportunities are sporadic and it depends on the environment."

• "I usually have 3-4 big ideas. If the market is exciting, I have more opportunities. Or if the market is boring, I have fewer."

HOW LI LU ALLOCATES TIME

• "Most of the time I spend reading and studying about everything. Learning new companies and industries."

• "If I find an idea that captivates me. I stop everything and obsess over that idea."

• "Besides that, I spend a lot of time with my kid and my wife."

TL;DR:

• Be an investigative journalist.

• Work obsessively in short bursts and spend the rest. of your time learning.

• When you've done the work and have conviction, buy a shitload to make it worth it.

• Before you invest $1, make sure you can answer the three big questions: Is it cheap, is the management team good, and why does the opportunity exist.

• Never stop learning.

• Become a curiosity machine.

[Jim Cramer @jimcramer]

Be careful, we are finally overbought...

[Raoul Pal @RaoulGMI]

Front cover for this months GMI... 130 pages or more of analysis and a few memes, as ever.

[Ernest Wong @ErnestWongBWM]

How come we didn't see anyone whining that MSFT, NVDA, META, AMZN, TSLA, GOOG, AAPL & NFLX accounted for ~60% of the S&P 500's losses in 2022?

[Daniel Mahncke @MnkeDaniel]

8 Visuals that teach you more about Investing than 90% books out there!

1. There will always be something to worry about.

Do not let Macro-noise influence your investing.