Stephen Read

I help ambitious professionals 35+ expedite their path to financial independence through customized planning & strengthened investments. FI at 35, 2x retired

[Stephen Read @StephenReadHIT]

Well the robot cafe says "hand-crafted", but by whose hands?

[Michael Green @profplum99]

At SFO… line 10 deep for Peet’s Coffee while zero interest in robot barista. RoBa is ~3% cheaper. Both have self-ordering. Both have full menu of drinks and baked goods.

Interested in hypotheses on “Why?”

A few of mine:

a) CafeX tried for novelty and poor quality? (Disproven by personal taste, but others may disagree)
b) Inferior UI with no backup human (contributing imho)
c) Price differential not enough to lead to switch (leading candidate)

[Stephen Read @StephenReadHIT]

For the first time in U.S. history, interest payments on the national debt ($1.219T) have overtaken defense spending ($1.171T).

This chart is the roadmap of the USA's decline, don't let your personal finances follow the same path.

[Stephen Read @StephenReadHIT]

Elon likes to shoot for the stars and Space X's IPO is no exception...

[Stephen Read @StephenReadHIT]

NVIDIA dominates. But dominance creates opportunity. Better inference chip (?) + massive TAM = why HIT Ventures backed Positron AI. 🤯

[Stephen Read @StephenReadHIT]

Westell $WSTL came up on my last screen as an overlooked microcap:

• Cash-rich
• No debt
• ~3x TTM P/E
• ~4.5x EV/FCF
• Rapid ISM growth
• Improving margins

FYI, TTM earnings are tax-benefit inflated.

Is the revenue sustainable, and how strong is the moat?

[Stephen Read @StephenReadHIT]

Valuation is a terrible timing tool.

But it is a useful planning tool.

Over one year, forward P/E ratios explain little. Expensive markets can keep rising. Cheap markets can keep falling.

But over five years, the relationship becomes clearer.

[Stephen Read @StephenReadHIT]

Will the price of USA debt increase, is the USA in decline (Xi thinks so)?

We are already paying more in interest than our military and Japan our largest buyer of debt is selling.

Debt is ok, until its not.

[Stephen Read @StephenReadHIT]

Investing at its best. Bye High, Excel Low!

[Stephen Read @StephenReadHIT]

No business is forever. Only 31% of companies founded in 1998 are around today.

Cheers to everyone still creating, building, and enjoying every second of it!

#HITInvestments founded in 2011

[Stephen Read @StephenReadHIT]

Pick the best model for the task.

Thanks Gaurav!

[Stephen Read @StephenReadHIT]

Hard to cut rates while markets are hitting all-time highs and gas is above $4.

[Stephen Read @StephenReadHIT]

It's little reminders like these that make financial independence so sweet.

The last 5 clients are estimated to earn an additional $485k over the next decade. That's like retiring 5 years early and avoiding 85,775 times of logging into Microsoft kind of dough.

[Stephen Read @StephenReadHIT]

@stephenbalaban Nunabio may be your answer, they are a startup building DNA micro foundries.

[Stephen Read @StephenReadHIT]

@lynchbages You're assuming the extra workers don't produce (they will)

[Stephen Read @StephenReadHIT]

Stackers Household Net Worth - 1980 to today

Our Secret Sauce:

Spend Less
Earn More
Save More
Invest More

Join the Stackers Club - https://t.co/FVgw0xV4ZN

[Stephen Read @StephenReadHIT]

An investment thesis that has served us (and the world) well for the past decade, and decades to come.....

[Michael P Gibson @William_Blake]

There's an investment thesis around that too

[Stephen Read @StephenReadHIT]

@stephenbalaban @LambdaAPI @chuanli11 Thanks Stephen, your hustle and our investments in you is helping 1517, HIT Investments, and my partners to succeed!

Keep On Hustling :)

[Stephen Read @StephenReadHIT]

Timing the market is simple, right?

[Stephen Read @StephenReadHIT]

@shortbus_ace What fund is 2bps and focuses on shareholder yield, or any of the top value factors?

Shareholder yield, EBIT/EV, EBITDA/EV, P/E, FCF/EV

[Michael P Gibson @William_Blake]

Great short interview w/ Positron's @trsohmers w/ on how Positron has built a chip that achieves a miraculous 1:1 ratio of matrix-matrix to matrix-vector performance: https://t.co/YRyDXDmngd