Tipasa

Biomedical R&D scientist at your local mega-cap pharma company.

[Tipasa @TheTipasa]

Long $TMO

[Tipasa @TheTipasa]

$TMO GAAP EPS

2017: $5.59
2018: $7.24
2019: $9.17
2020: $15.96
2021: $19.46
2022: $17.63
2023: $15.44
2024: $16.53
2025: $17.74

26Q1: $4.43

2026 total: $4.43

[Tipasa @TheTipasa]

$TMO GAAP EPS:

2017: $5.59
2018: $7.24
2019: $9.17
2020: $15.96
2021: $19.46
2022: $17.63
2023: $15.44
2024: $16.53
2025: $17.74

25Q1: $3.98
25Q2: $4.29
25Q3: $4.27
25Q4: $5.21

2025 total: $17.74

[Tipasa @TheTipasa]

Berkshire up to 22.1% ownership of $AXP

151.6M shares out of 686M

[Tipasa @TheTipasa]

Berkshire up to 22.0% ownership of $AXP

151.6M shares out of 688M outstanding.

[Tipasa @TheTipasa]

@peter_mantas I don't personally use it. Not part of the sequencing group.

[Tipasa @TheTipasa]

PacBio sequencing machine $PACB

[Tipasa @TheTipasa]

$CAVA is popular

[Tipasa @TheTipasa]

Good day to eat some pistachios $LAND

[Tipasa @TheTipasa]

Just a regular reminder that I'm one of the largest individual holders of $LAND (at least compared to the board members) and am always happy to discuss the company.
https://t.co/og26w3Qcf2

[Tipasa @TheTipasa]

"Biotech and material science boom almost guaranteed by then driving spec capital and hiring."

As I've been saying, the biotech revolution ain't stopping.

[Just Another Pod Guy @TMTLongShort]

Important variables to consider when reading the Citrini post:

1. UBI all but guaranteed - debate will be on demand side with compute stipend vs universal basic services

2. US govt would aggressively move to ensure compute is US-centric and allows them to shift pain to ROW

3. Very likely robotics will be ramping by then which will soak-up recently fired knowledge workers to help build ramp

4. Credit markets are the bigger risk vs equities because potential for persistent deflation fuck debt calcs

5. Trump admin would deport 25m illegals before allowing knowledge worker migration to lower-end services turning into a deflationary wage spiral

6. Biotech and material science boom almost guaranteed by then driving spec capital and hiring

7. Out of every country on earth the American consumer is the richest, most resilient and most degenerate. If U.S. consumer is hurting the ROW is dead.

8. Datacenters will be bombed and molotov cocktailed long before things get that dire

9. Govt will be the lender of last resort to high FICO knowledge workers who got laid off

10. Cursor for Trades will be a thing and knowledge workers with AR glasses will be able to career shift far more easily than you would think

11. Disruption of incumbent knowledge workers will destroy demand for many of the denser urban pop centers and “fix” housing affordability crises as distributed work becomes a lot more acceptable …. Will also be a major wealth-effect issue into silver tsunami

12. Supply side taxation will become a thing. Tax on compute. Tax on electricity usage. Tax on racks.

13. Labs will not be allowed to “escape” to neutral jurisdictions. Go to Bahamas the U.S. will annex the Bahamas. This is too big to abide by international law.

- just off the rip on first read 🫡

[Tipasa @TheTipasa]

Zero share repurchases from $BLDR this quarter.

[Tipasa @TheTipasa]

No need to try and catch falling knives when $V is basically at the post-Liberation Day lows.

[Tipasa @TheTipasa]

Over the last five years, $AZN EBITDA has grown from ~$7.5B to ~$20B

[EarningsTime @Earnings_Time]

#AstraZeneca
$AZN, Q4-25.

Results:
📊 Core EPS: $2.12 🟢
💰 Revenue: $15.5B 🔴
📈 Operating Profit: $2.98B
🔎 Strong Q4 performance driven by Oncology and BioPharmaceuticals, with operating profit up sharply YoY

[Tipasa @TheTipasa]

@CoalemusGuy And I don't think the competitors can handle the full court press.

[Tipasa @TheTipasa]

$GOOGL owns ~7% of SpaceX.

If it IPOs at ~$1.5T and they sell their stake, that's ~$105B.

There's the majority of next year's capex paid for.

I'm not saying they should do this.

[Tipasa @TheTipasa]

Buying $HSY in the $140s in my Roth is the type of position that I'll tell my grandkids about.

[Tipasa @TheTipasa]

Just bought some $PEP in the Roth and added to $HSY.

Time to go back to forgetting about them for thirty years.

[Tipasa @TheTipasa]

$PYPL bought back ~23M shares last quarter. Now an even better opportunity to become a share cannibal.

If they really press the buyback, I don't care how much of a melting ice cube it is.

[Tipasa @TheTipasa]

Google recommended me this ~13 min analysis video of $LAND, and I was pleasantly surprised how comprehensive and accurate it was.

Probably captures ~95% of my short-term understanding, though a little less of longer-term and meta thesis.
https://t.co/C1cnbPTSGj

[Tipasa @TheTipasa]

Just a regular reminder that I'm one of the largest individual holders of $LAND (at least compared to the board members) and am always happy to discuss the company.
https://t.co/og26w3Qcf2

[Tipasa @TheTipasa]

@GrumpierBTDay 3) The participation rents are a double-edged sword. Reduces the steady 'bond-like' revenues but allows for 'equity-like' upside.

Most of the PRs are nuts, pistachio & almonds. So go eat some pistachios!

I'm fine with small % of PRs, but hope they don't make a habit of it.

[Tipasa @TheTipasa]

Just a regular reminder that I'm one of the largest individual holders of $LAND (at least compared to the board members) and am always happy to discuss the company.
https://t.co/og26w3Qcf2

[GrumpierByTheDay @GrumpierBTDay]

I know old man Gladstone ain't as sharp as he used to be, but $LAND has a history of running hard, is paying nearly 6%, two weeks ago popped above the 200D/30W with 2nd highest weekly volume ever and the highest since May '21, and is holding the level.

Low downside given the underpinning with real productive land assets, base + breakout is constructive.

Still some reading to do, given last I looked there were some tenant issues and unpleasant management fees, but I'll likely be putting some cash to rest here.

[Tipasa @TheTipasa]

@GrumpierBTDay 2) Tenancy down has been kind of a bummer. They were 99%+ for a long time.

I think it will depend on the exact farm and situation.

E.g. they had some problems with blueberry farms in MI a few years ago, I believe they just sold them. I'd be fine with that.