Prost Capital

Buying businesses and stocks

[Prost Capital @Prostcapital]

@dennisihong @DanielSLoeb1 And more like a new religion.

[Prost Capital @Prostcapital]

@dennisihong @DanielSLoeb1 I would say you might be totally wrong if the future plays out that way (I suspect not, but by definition possible). But no evidence of this today. And they have been speaking in a zero sum way for years or decades for Bernie et al. It’s not AI, it’s an ideology.

[Prost Capital @Prostcapital]

@dennisihong @DanielSLoeb1 “See” and “feels” are the key words. It’s easy to feel like things are zero sum if most of what gets pumped into your brain is content saying that’s the case from professors or politicians. The reality is it’s exactly the opposite; Bezos’s wealth does not mean they have less.

[Prost Capital @Prostcapital]

@MichaelGJarvie Time kills all deals

[Prost Capital @Prostcapital]

@realEstateTrent Can you mention a couple projects that historically would take months that now take hours? You mentioned CRM but that is more like taking 2 minutes to log manually and now is done automatically, not saving months.

[Prost Capital @Prostcapital]

@alexsongis That would make more sense as a theory if this data didn’t have other groups that had a much tougher life with the Great Depression, world war, existential fears during the Cold War, actual rationing and lack of food, etc.

[Prost Capital @Prostcapital]

@realEstateTrent This sounds nice but is financially incorrect, or at least incomplete thinking. The “tax hit” is just the same amount you depreciated prior. Meanwhile, you took that DTL and were able to compound using an interest free loan with no covenants and the duration of your choosing.

[Prost Capital @Prostcapital]

@Tintincapital What earnings / multiple are you using for each segment?

[Prost Capital @Prostcapital]

@partners_road @ShakerBall_Cap Sinner or Djoker tomorrow?

[Sophon Capital Research @sophonresearch]

Our financial model for Basic-Fit NV $BFIT.AMS is live! Re-post this tweet and DM me your email if you want a copy of it

[Prost Capital @Prostcapital]

@PrefShares Yeah but road shows don't work anymore, why is that hard to understand?

He's saying the opposite of what the value investing community has known to be true - it works because so few are doing it. Investors should be happy if there is less competition (there's still plenty).

[Prost Capital @Prostcapital]

@GSpier @marcelolima @modestproposal1 FYI there are many accounts on here who are anonymous who are finance professionals working at hedge funds or other institutions where they are not allowed to post on social media discussing investments. That’s a big reason for anon accounts on FinTwit.

[Prost Capital @Prostcapital]

@BillBrewsterTBB But Bill, I was assured by this here website that it’s time to give up investing because the market structure has permanently changed

[Prost Capital @Prostcapital]

@InnocenceCapit1 @altcap @BG2Pod Also, every actually revolutionary tech product also had an attached hype cycle / mania. Railroads, cars, radio, etc. You can be right that AI is massive and still overpay for assets / back the wrong horse (which is the modal outcome for investors).

[Prost Capital @Prostcapital]

@marcelolima @kejca @collision @elonmusk Engineering focused societies that are hard working and more stoic / Confucian. Makes sense.

[Prost Capital @Prostcapital]

@SMBpete @sweatystartup @baldridgecpa @BrentBeshore A little old but can you send me a DM on this? I’m currently looking for PT practices and was hoping to connect.

[Prost Capital @Prostcapital]

@marcelolima And he knew Bob Noyce well from Grinnell. Still turned out *fine*

[Prost Capital @Prostcapital]

@partners_road I’d love to compare notes on LAD and other shorts if you’re open. DM me if so (tried but yours aren’t open).

[Prost Capital @Prostcapital]

@quakerheel @breadcrumbsre Can you share his old letters?

[Prost Capital @Prostcapital]

@wolfejosh @RobinHoodNYC Is there a way we could see the pitch or the presentation?