Tversky

Value investor. Researching companies and thinking about how to create value.

[Tversky @TverskyVI]

An analysis of Adobe and the AI threat:
https://t.co/ldyynz8iMU

[Tversky @TverskyVI]

@MaestroInvest Jorå. Han verkar vara en schysst snubbe och så, men när någon som kallar sig "investeringscoach" presterar så där vet man ju inte hur mycket man ska lita på honom.

[Tversky @TverskyVI]

@MaestroInvest Dessa klåpare lyckas dra in miljontals kronor varje år från sina förvaltningsavgifter, samtidigt som deras kunder bara förlorar pengar.
Hur lyckas de lansera en ny fond efter Ny Teknik är ner 60% de senaste fem åren? Vem är dum nog att ge dem pengar?

[Tversky @TverskyVI]

- Median P/E of 36 (today the P/E is 11).
- Median P/S of 6,5 (today the P/S is 3).

Adobe is one of the best companies out there, and simultaneously one of the cheapest. That’s a great combination.

[Tversky @TverskyVI]

Some interesting facts about Adobe $ADBE , since 1987 the company has had:

- Only profitable years. No year of net loss.
- 86% avg. gross margins (89% today)
- 29% avg. operating margins (36% today)
- 21% avg. net margins (30% today)
- 16% CAGR in revenues (13% last five years)

[Tversky @TverskyVI]

..or all of their stock. Personally, I am down 30% on my initial investment, but has since been buying heavily, as I don’t think there are any better alternative out there in the market. This is the time to buy, not to sell.

[Tversky @TverskyVI]

$ADBE P/E of 11. Forward P/E of ~8 (2027 projected earnings). Many investors that bought at a reasonable price 8-9 months ago have seen their holding get cut in half. Now that the price has come down to absurd levels, some of these investors are selling some...