Callery Cap

US healthcare L/S [email protected]

[Callery Cap @callerycap]

Seems like $AVTR is finally beginning to put prior mgmt-related headwinds in the rearview. Their showing @ JPM HC leaves me with incremental confidence in new CFO Brent Jones & the stock's associated 1-2Y multiple reversion story (trading at a ~6-8x turn discount to bioprocessing life sciences peers $TMO and $DHR). More detail to follow once I finish my model update.

[Callery Cap @callerycap]

@Goderguy @buccocapital Why

[Callery Cap @callerycap]

@pekwat @Rebrand_As_Y @JaredKubin Send location

[Callery Cap @callerycap]

@pekwat @Rebrand_As_Y @JaredKubin I’m available any day for 1v1 squat 1rm @pekwat

[Callery Cap @callerycap]

@pekwat @ChairliftCap You’re right it’s largely deferred

[Callery Cap @callerycap]

@modestproposal1 Model incremental margin structure and see for yourself

[Callery Cap @callerycap]

@JaredKubin @PythiaR @Rebrand_As_Y @elonmusk Quant v funda 1v1 seems fun

[Callery Cap @callerycap]

@PythiaR @Rebrand_As_Y @JaredKubin https://t.co/9qqYjyEzZG

[Callery Cap @callerycap]

@Rebrand_As_Y @JaredKubin Send location

[Callery Cap @callerycap]

@JaredKubin @Rebrand_As_Y @Rebrand_As_Y let’s play 1v1

[Callery Cap @callerycap]

@Biohazard3737 https://t.co/roG389Mh9g

[Callery Cap @callerycap]

@BeantownStonks Asymmetric incentive structure encourages SS to hug consensus; imagine being the one sell & getting ripped by beta. Buyside aspirations gone, sellside lifetime earnings rangebound, etc etc

[Callery Cap @callerycap]

@ExcelHumor @SaasquatchC

[Callery Cap @callerycap]

@AlmostMedia Pics

[Callery Cap @callerycap]

@rhunterh @jayparsons

[Callery Cap @callerycap]

@W98AB @investing_law To your earlier point one would be hard pressed to find an attorney just doing it for the love of the game

[Callery Cap @callerycap]

@W98AB @investing_law I don’t know many (any) hedgies making four sticks working only 40hrs

[Callery Cap @callerycap]

@rusholmecapital Broadly agree but $MEDP has been a nice idio short for me on several prints