TurningRocks

investing

[TurningRocks @Charlie_finnn]

Management team integrity is nowhere near looked at enough by the average investor

[TurningRocks @Charlie_finnn]

@BoringBiz_ This is great advice

[TurningRocks @Charlie_finnn]

@Tintincapital @IBKR Thinking of moving away from IBKR, not what it once was

[TurningRocks @Charlie_finnn]

AI has not yet helped me in idea generation or meaningful analysis. However, it has been a game changer for comprehensively breaking down a stock's share price movements and the key past corporate events.

[TurningRocks @Charlie_finnn]

$CCOI has multiple catalysts, is an under-appreciated AI beneficiary and is run by a genius CEO. Link to my write-up below. https://t.co/nDt30SW4cT

[TurningRocks @Charlie_finnn]

Excited to announce the launch of Beyond the Index (BTI) with @case_rsrch & @case_resources.
My recent write-up on $DCI.L just posted, subscribe for access to plenty more future ideas across deep value, international arbitration, mining and arbitrage. https://t.co/aUfiFn0iBo

[Mojo @MrMojoRisinX]

Burry and Einhorn are getting ridiculed by FinTwit for performance. Wrong diagnosis from my perch. Both are A+ analysts and elite at due diligence, but they get C/C- grades in portfolio construction and C+/B- in risk management.

Burry just shut down his fund again, and released his “final” 13F. Einhorn’s still running money at scale, and his research talent keeps getting masked by how he sizes, manages positions and constructs the portfolio. Gross and net exposure, position sizing, trade structuring, diversity of position types—all of it. Give me his names, or better yet the universe his fund sources from, and we could deliver shallower drawdowns with more upside convexity and lower volatility and more opportunity to play offense.

I don’t have edge on traditional equity / credit analysis (corporate actions and dark arts are my thing) and grade myself B/B+ but def not A. But my portfolio construction across any mandate grades high, and I don’t need to know much about the underlying names to do it well. Less is more.

That won’t make sense to most people.

Twitter doesn’t need more stock pick blogs. It needs the other…about Investment Process, money management et al.

You know where to find me.

[Max @minordissent]

blackpill: the most important skill in the world is sales

white pill: if you just accept this and spend a year autistic hyper focusing on developing it, you will solve most problems you have in life

[TurningRocks @Charlie_finnn]

Cross-pollinating lessons is so valuable, an FBI investigator judging the credibility of a witness uses the same framework as a micro-cap investor judging the integrity of a management team.

[TurningRocks @Charlie_finnn]

Favourable risk-reward, a diversified portfolio of these situations is a valid strategy!

[Case Research @case_rsrch]

Check out our Recent Write-UP on Silver Bull Resources!
Link: https://t.co/0C3csOqYox
- ICSID arbitration case over stolen Mexican Mine (US company) looks favorable…
- Payment of 17-31x mkt cap (depending on valuation method tribunal decides on)
- Claimant lawyers + litigation adviser with great track record
- Discount because of: speculative junior mining reputation, lack of coverage, boring topic (ignore that), requires piling through court documents.
- Few non-idiosyncratic risks, but a wide margin of safety, and the primary risk is countered by the nature of claim valuation

[TurningRocks @Charlie_finnn]

https://t.co/I1VTUmgdeU Check out my article, platform business with a growth runway and low valuation!

[Roderick van Zuylen @roojoo3]

I would not want to be long Dutch semi companies here. Or any Dutch company with Chinese operations.

[433 @433]

After his move to Everton in 2023, Beto came across a 𝒕𝒐𝒖𝒄𝒉𝒊𝒏𝒈 𝑫𝑴 sent to him on Instagram. 💬

“I’m happy for you. If you need anything in the city, I can help you. Just give me a shout.” ❤️

It was a message from Diogo Jota. 🥹

[TurningRocks @Charlie_finnn]

@TheKopWatch Had to check what his preferred foot was after watching him play

[TBPN @tbpn]

.@taliagold explains the concept of 'supernovas' in the AI industry.

"The supernovas are out-of-nowhere growth stories that are mind-blowing. AI companies are accelerating and compressing growth into a very short period of time."

"On average, the top cloud companies took about 6-7 years to get to about $100 million ARR."

"In this cohort, the top percentile is getting to $100 million ARR in about one and a half years, and the top decile in about four years.

There are some trade-offs like gross margins. Many of these companies have negative gross margins. Not all revenue is created equal, but nevertheless, the adoption is astounding."

[TurningRocks @Charlie_finnn]

@puppyeh1 do you think sale of Equitix stake is to free cash for a tender or just normal business for an invesment company and to increase fees for the invesment manager.

[TurningRocks @Charlie_finnn]

@puppyeh1 what are rules on majority ownership, can management not just keep buying on the open market instead of doing a tender at a premium?

[TurningRocks @Charlie_finnn]

@AndrewRangeley Congrats, my thesis for this investment was you and it’s paid off, massive respect and keep doing what you’re doing!

[AnotherBioInvestor @AnotherBio]

$ARVN Logos joining the special distribution-gang.

One of those ugly registers with a large block of passive capital which will vote for every dumb thing management puts out (see SLRN KROS).

Only am short Puts (Strike=5). Might put something more aggressive on.

[TurningRocks @Charlie_finnn]

Kerrisdale write-ups are such a great resource and on their website!