Moonlight Capital

Passionate investor. I publish monthly in-depth articles analyzing some of the best businesses in the world. Subscribe at

[Moonlight Capital @Moonlight_Inv]

After 110+ hours of research, the second part of $FOXF's deep dive is now live!

The analysis covered topics such as:

-Management team & compensation.
-Competitive advantages.
-Growth plan.
-Risks.

You can access this write-up for free through the link in my bio🔗

[Giuliano @Giuliano_Mana]

In today's article, I briefly discuss some of the thoughts I've been having over growth investing.

These are mostly based on my reads on Michael Mauboussin and Benjamin Graham.

https://t.co/0a260hyzGa

[Moonlight Capital @Moonlight_Inv]

@Giuliano_Mana @atmosinvest @CJ0pp3l @hourglassnetwrk Honored to be mentioned brother, appreciate your support as always!🫡

[Giuliano @Giuliano_Mana]

Today's article is incredibly relevant to my current situation.

Hope you enjoy it.

https://t.co/QstwS5nyl8

[Giuliano @Giuliano_Mana]

For the past 5 weeks, I've been reading as much as I could about the BIM software industry.

I hope you find my industry breakdown useful.

$ADSK $BSY $NEMTF $MSHHF

https://t.co/08RGI8s9vU

[Moonlight Capital @Moonlight_Inv]

10 Investing Nuggets from Greg Speicher👇🏻

[Moonlight Capital @Moonlight_Inv]

@CJ0pp3l Great business and an outstanding management team. Also currently trading at very attractive levels imo.

[Moonlight Capital @Moonlight_Inv]

@DRGinvests Haven't read capital returns yet, but quality investing is one of my all-time favorites. Highly recommend it.

[Moonlight Capital @Moonlight_Inv]

I'm finally back after having two very unusual weeks.

I'll resume working on the $POOL deep dive tomorrow, and the first part should be coming out soon.

My conclusion so far: Great company, outstanding management team and very attractive industry dynamics.

[Moonlight Capital @Moonlight_Inv]

In my article covering $FOXF I voiced some of my concerns on the company, mainly the degrading of the quality of their acquisitions, which have further worsened with their recent acq. of a bat-making division.

These are some of the other reasons I concluded $FOXF wasn't for me:

[Moonlight Capital @Moonlight_Inv]

The company was severely punished after their latest quarterly report.

This was after the company reported worse-than-expected results, lowered its guidance and, imo, after the investment community began losing confidence in the management team after their latest acquisition.

[Moonlight Capital @Moonlight_Inv]

In my article covering $FOXF I voiced some of my concerns on the company, mainly the degrading of the quality of their acquisitions, which have further worsened with their recent acq. of a bat-making division.

These are some of the other reasons I concluded $FOXF wasn't for me:

[Giuliano @Giuliano_Mana]

Trying to infer what a person's philosophy is by reading his work is ultimately impossible.

Nevertheless, I gave it a shot after going over 20+ shareholder letters François Rochon has written.

Hope you enjoy it:

https://t.co/Zfjv1XRRJQ

[Moonlight Capital @Moonlight_Inv]

@Giuliano_Mana https://t.co/QlpDWiIZ0b works great for US-based companies. It includes both financials and earnings calls going back many decades for free.

[Giuliano @Giuliano_Mana]

Ever since I started reading about finance, people just said that fundamentals and prices converge.

Like if it was an absolute truth, but I never saw someone say why.

In today's article, I go over my idea on why might this happen:

https://t.co/YEZVE5xEF5

[Moonlight Capital @Moonlight_Inv]

@Stock_Opine Thank you!🫡

[Moonlight Capital @Moonlight_Inv]

$POOL is an outstanding business that doesn't quite get the attention it deserves.

Make sure to check out this writeup by the guys at @Stock_Opine to learn more about it👇🏻

[StockOpine @Stock_Opine]

Dive into the latest insights on $POOL!

Uncover the 2023 decline in financial performance and see how it stacks up against competitors. Plus, have a look into our valuation estimate 📈

A repost goes a long way if you find it valuable 🙏

#stockstowatch #investing

[Moonlight Capital @Moonlight_Inv]

@Stock_Opine @BabooInvesting @IFB_podcast @Giuliano_Mana @TheLongInvest @AltaFoxCapital @pharris_tyler @mavix_leon @ValueEngineer_ @simpleinvest01 @capitalemployed Thanks for sharing!

[Moonlight Capital @Moonlight_Inv]

@manuelfr99 Últimamente me está gustando bastante $POOL en la industria de las piscinas.

[Moonlight Capital @Moonlight_Inv]

In the short term, the price of a business and its fundamentals can go very different ways.

Over the long term, however, they will inevitably converge.

[Moonlight Capital @Moonlight_Inv]

@InvestInAssets Buffett, T. Smith & Rochon.

[Moonlight Capital @Moonlight_Inv]

@MirzayevEmil @Invesquotes Just found it:
https://t.co/7WA8nl4GJ7

[Clark Square Capital @ClarkSquareCap]

If you like industry primers, here are a bunch of them
https://t.co/kowQ0CX9YE