Compound And Surf

Investor. Perpetual reader. Amateur drummer and tennis player | Views are my own

[Compound And Surf @CompoundAndSurf]

"When these new businesses come in, there are huge advantages for the early birds. And when you're an early bird, there's a model I call 'surfing' - when a surfer gets up and catches the wave and just stays there, he can go a long, long time." #CharlieMunger #CompoundAndSurf

[Compound And Surf @CompoundAndSurf]

@atrupar Nauseating to watch the liberal mainstream media bend over backward to protect Al sayed

[Compound And Surf @CompoundAndSurf]

@the_zack_zhu @ReturnsJourney I have been a fan of your account and would hope to remain so. But when people start talking about record breaking returns and selling a substack on Twitter, the grift is generally as consistent as gravity.

[Compound And Surf @CompoundAndSurf]

@ReturnsJourney @the_zack_zhu Very easy to forge stuff with AI now. Occam’s razor: 50% decade long compounders don’t do $10 a month substacks and promote them on Twitter.

[Compound And Surf @CompoundAndSurf]

@the_zack_zhu Another grifter. Anyone compounding at 50% for 8 years a.) would be the greatest investor on the planet and b.) doesn’t need $10 a month substack subscribers. They would never even think to do it. It’s a shame because I liked this account.

[Compound And Surf @CompoundAndSurf]

@spencerpratt You are an absolute legend brother

[Compound And Surf @CompoundAndSurf]

@metalsroyaltyco $TMCR Textbook grift? Stock down 90% since IPO six months ago? Or is there more to the story.

[Compound And Surf @CompoundAndSurf]

@YellowLabLife @bpaesbraga $TMCR Textbook grift? Stock down 90% since IPO six months ago? Or is there more to the story.

[Compound And Surf @CompoundAndSurf]

@RKEquityRocks @bpaesbraga @SurgeBattery $TMCR Textbook grift? Stock down 90% since IPO six months ago? Or is there more to the story.

[Compound And Surf @CompoundAndSurf]

@LithiumIonBull @SecretaryBurgum $TMCR Textbook grift? Stock down 90% since IPO six months ago? Or is there more to the story.

[Compound And Surf @CompoundAndSurf]

@realroseceline @michaeljburry What’s the point of being perma bearish? The world only ends once.

[Compound And Surf @CompoundAndSurf]

@EYakoby @nytimes will you bury and/or whitewash this also

[Compound And Surf @CompoundAndSurf]

@the_zack_zhu I understand the spreadsheet math. And maybe you’ll be right. But you can’t look at current spreadsheet math and say a business is bad when it’s building something for 3-5 years from now. Suboptimal way to analyze and invest.

[Compound And Surf @CompoundAndSurf]

@the_zack_zhu For capital intensive businesses, you can’t look at returns on capital while the company is still building. Once they complete the major growth phase (another few years), if they’re still making no money, then we can say you were right. But you can’t call the game at halftime

[Compound And Surf @CompoundAndSurf]

@the_zack_zhu What matters is - will that spend ultimately create offerings that are material differentiators. If it doesn’t, of course it’s bad. But if it does, and it wins a ton of sticky repeat customers who grow their spend, future returns will look excellent, even if lower than Korea

[Compound And Surf @CompoundAndSurf]

@the_zack_zhu I think you’re misunderstanding the concept of capital intensity. Simply because something is “hard” and “spending a lot of money” does not make it a bad thing. Physical, difficult to replicate logistics networks are some of the most valuable assets in the world.

[Compound And Surf @CompoundAndSurf]

@the_zack_zhu Got it. Generally if something(s) can be a huge differentiator in a huge addressable market, that’s a huge opportunity. I’m still not following how you can think these things could be huge differentiators, which could drive huge share gains if true, but still call it a disaster

[Compound And Surf @CompoundAndSurf]

@the_zack_zhu Literally in this post that I replied to, above:

“Dawn delivery could be a huge differentiator for Coupang”
“Delivering fresh and frozen food could be a huge differentiator for Coupang”
“I think we could see Coupang Taiwan grow considerably in 2027”

This is what bulls say

[Compound And Surf @CompoundAndSurf]

@weeklyshowpod @AbdulElSayed Can someone explain how and when @weeklyshowpod @jonstewart became an Iranian / Qatari propaganda outlet. Mamdani, this guy. Endless softball questions and kowtowing to these America hating jihadists. I don’t get it. What happened to him.

[Compound And Surf @CompoundAndSurf]

@wolfofharcourt Did he block all of you like he blocked me for reposting this. Lol.