Portfolio Mgmt Jar

Database of practical, common sense portfolio construction & management advice from great investors.

[Portfolio Mgmt Jar @PMJar]

Scuttlebutt from family: some regions in China have started limiting issuance of new passports “temporarily.”

Things are changing fast…in a way unseen in 40+ years. Multi-national companies who think disruptions to China biz & supply chains “temporary” beware.

[Portfolio Mgmt Jar @PMJar]

Looking at “beaten down” stocks that are now trading at…[checks notes]…2% earnings yield

[Sid Prabhu @sidprabhu]

@pekwat A rolling loan gathers no loss

[Joseph Brown @heresyfinancial]

Whoever is in charge of TV prices should be put in charge of healthcare, education, and housing prices

[Jim O'Shaughnessy @jposhaughnessy]

“Disobedience, in the eyes of anyone who has read history, is man’s original virtue.”
~Oscar Wilde

https://t.co/W2jixfLlVS

[Adam Grant @AdamMGrant]

Our highest loyalty doesn’t belong to people or parties. It belongs to principles.

If you wouldn’t accept it from the “other side,” you shouldn’t accept it from yours.

Integrity is upholding your values even when your own group violates them.

[Portfolio Mgmt Jar @PMJar]

This administration not gonna stop ICE snatch and grab operations until crypto kidnappers impersonate ICE

https://t.co/5cxFjqOORh

[Aaron Rupar @atrupar]

Brooklyn Park Police Chief Mark Bruley: "The last 2 weeks we as a law enforcement community have been receiving endless complaints about civil rights violations in our streets from US citizens. What we're hearing is they're being stopped in traffic stops or on the street with no cause and being demanded to show paperwork to determine if they are here legally. We started hearing from our police officers the same complaints as they fell victim to this while off duty. Every one of these individuals is a person of color ... it has to stop"

[Portfolio Mgmt Jar @PMJar]

@DynamicMoats Rise of social media time drain distracting kids from learning

[Portfolio Mgmt Jar @PMJar]

When wheat farming was a 50% margin business for the lowest cost producer

[Portfolio Mgmt Jar @PMJar]

@unciacapital To be fair, payment investors wanted inflation protection..

[Portfolio Mgmt Jar @PMJar]

@victaurs Even if they slowly lose the Button Battle, they have a chance at winning the Agentic War. $PYPL is a competing force once again with @acce

[Portfolio Mgmt Jar @PMJar]

Passed by $ADYEN headquarters in central Amsterdam yesterday. Not a single employee in the lobby, place looked deserted at Thur 4:30pm 🧐 LT EBITDA margins prob much higher than 55% if they really wanted to trim some fat..

[Portfolio Mgmt Jar @PMJar]

Recent MLP commentary on infrastructure permitting:
"easier..to put in more fiber optic cable for long haul to transmit data than to build new electric transmission or pipe." $MPLX
"took over 5 yrs to get SPOT license..final submission was 30K pages..addressed 80K+ comments" $EPD

[Portfolio Mgmt Jar @PMJar]

@Aureliusltd28 Trading at 8% FCF Yield, it’s not currently valued as a growth company. Lots of low hanging fruit in cost efficiencies cuz old CEO was a hot mess. Upside option value in Venmo & Braintree etc assets if Alex can turn it around.

[Morgan Housel @morganhousel]

The most interesting part of new technology is realizing that no one has any idea what happens next.

[Portfolio Mgmt Jar @PMJar]

@johnarnold @pushtheneedle US cities could implement temp time-based pedestrian zones. For example, in Antibes France, the old town center & squares are car free 2pm-1am for people to walk/socialize/dine/chase pigeons.

[Portfolio Mgmt Jar @PMJar]

@PlanMaestro Do you follow $MPLX? I wonder if that’s one of the interested parties. Assets in Permian and Utica/Marcellus seems complementary + lots of balance sheet and operational synergies.

[Portfolio Mgmt Jar @PMJar]

Question for CEOs of regional banks on “RWA Diets” — why the heck were these empty calories on the balance sheet in the first place??

[Portfolio Mgmt Jar @PMJar]

@johnarnold Agreed, terrible incentives in for-profit prisons. Big fan of the public policy work that you and the foundation are pursuing. Thank you!