Adrián Herrera, CFA

Equity research | Tweets are not investment advice. Just Personal Opinion. Interests: Markets | Reading | Nature | Guitars

[Adrián Herrera, CFA @_adrian_herrera]

Tempus edax rerum

[Adrián Herrera, CFA @_adrian_herrera]

Lejos de ser un experto, 4 números sobre el problema de la vivienda en CAT:

En 2025 +111.895 habitantes (≈37.298 nuevos hogares) pero solo 15.534 viviendas iniciadas.

Esto no es una anomalía puntual. Desde 2008, Cataluña crea hogares más rápido de lo que construye viviendas.

[Adrián Herrera, CFA @_adrian_herrera]

Yesterday we published another report, this time on $BKNG. I know everyone is focused on $SPCX, but we're sticking to our discipline and remaining focused on finding great businesses at fair prices.

https://t.co/asXqKO537x

[Adrián Herrera, CFA @_adrian_herrera]

Have you ever wanted to know more about the oil & gas industry? More about $XOM, $CVX or $OXY? If so, check out our +50 pages industry primer!
https://t.co/QWMBaXf3to

[Mohnish Pabrai @MohnishPabrai]

Nice to bump into Ted Weschler, Debbie Bosanek (Warren’s asst) and Marc Hamburg (Berkshire’s multi-decade CFO). Woodstock for Capitalists!

[Adrián Herrera, CFA @_adrian_herrera]

Always learning!

$OKLO: the volume of US nuclear waste is very small

The US has generated c.20% of its electricity from nuclear power over the last 30y, while generating small volumes of nuclear waste.

>90k m tons of used fuel fits on a football field 10 yards high.

[Adrián Herrera, CFA @_adrian_herrera]

$ACN report

[Adrián Herrera, CFA @_adrian_herrera]

Why do big companies pay consultants to tell them how to run their own business?

It seems irrational—but firms like Accenture have built global empires doing exactly that.

Here’s how it works. Link to the report below! ⬇️

https://t.co/9u8G4DaK2C

[Adrián Herrera, CFA @_adrian_herrera]

One of the highest-quality alcohol businesses in the world trading with growing skepticism.

I break down Brown-Forman ($BF.B) in a new report. Link below 👇

https://t.co/m5qPBwa9vC

[Adrián Herrera, CFA @_adrian_herrera]

@valueinvestingW I've written deeply about it here: https://t.co/T3ctA76KxZ

Perhaps you're interested! 😇

[Adrián Herrera, CFA @_adrian_herrera]

New report out: $FISV (Fiserv)

Deep dive into the business, investment thesis, and key risks.

Link 👇
https://t.co/PXzGYSF0dG

[Adrián Herrera, CFA @_adrian_herrera]

FICO is the backbone of U.S. credit. Entrenched, standardized, hard to displace.

But recent growth has been price-led—and that’s drawing scrutiny. But markets are pricing in continued strength which may be optimistic.

Full breakdown 👇
https://t.co/GQjO2eUgQn

[Investment Wisdom @InvestingCanons]

Howard Marks:

“If you want to be an exceptional investor, you have to dare to be different…you have to dare to be wrong…and you have to dare to look wrong.”

[Adrián Herrera, CFA @_adrian_herrera]

Pluxee ($PLX FP) trades as if the business model is broken.

• ~18% FCF yield assuming zero growth
• Structural industry growth of 5–7%
• Strong network effects

If the economics hold, the upside could be >100%.

Our full deep dive ⬇️ https://t.co/lQEFzjNC7Q

[Adrián Herrera, CFA @_adrian_herrera]

We published a new report on $DOCS.

After 2 weeks of in-depth research, we believe the network effects the company boasts may not be as strong as they appear.

Full report here ↓
https://t.co/A3znG0hqRl

[Adrián Herrera, CFA @_adrian_herrera]

@intolerantchad @F_Compounders This made me laugh 🤣

[Callum Williams @econcallum]

Datacentres now account for 7% of US electricity demand

[Adrián Herrera, CFA @_adrian_herrera]

We’ve just published our latest report on North American railroads.

We break down:
• Industry structure & competitive dynamics
• Long-term growth outlook
• Corridor economics & operator positioning
Full report below ↓
https://t.co/nbD7xAVXy5

[Michael Mauboussin @mjmauboussin]

Link: https://t.co/3bd6p0NogF

[Adrián Herrera, CFA @_adrian_herrera]

New report!!! We focus this time on $ADBE's business. The stock is down >50% so we thought it would be a nice idea to take a deeper look. Link to the report ->
https://t.co/EtYhBzjYUP

[Adrián Herrera, CFA @_adrian_herrera]

I'll be publishing one company deep-dive every 2 weeks. The first one is Hewlett-Packard Inc $HPQ Enjoy! https://t.co/JX7j5M67gT