Freddie Wittmann

Value Investing | Football (⚽️) | AFC 🔴⚪️

[Freddie Wittmann @freddiewittmann]

@PrivateSamyFund lol! Good move!!

[Clark Square Capital @ClarkSquareCap]

I can't believe it's finally happening. $GRVY will start paying out dividends..

Would expect the stock to start to re-rate meaningfully (stock is trading at roughly net cash per share)

[Freddie Wittmann @freddiewittmann]

It is time. $GRVY

SEC filing regarding dividend payment:

https://t.co/MOQrKqRR3c

[Freddie Wittmann @freddiewittmann]

@abertini1 Sure but don’t bother with the ref having to go to the screen. Let the VAR team have the final say in this to make it quicker

[Freddie Wittmann @freddiewittmann]

@JD4289 Did something actually get leaked?

[Freddie Wittmann @freddiewittmann]

@ClarkSquareCap Congrats man

[Europa.com @europa]

🇬🇧 Bodycam footage has been released showing Henry Nowak begging for an ambulance before being handcuffed behind his back.

Nowak: "I've been stabbed"

Officer: "I don't think you have mate"

Follow: @europa

[Mr Deep-Value @mr_deepvalue]

The market gives small investors an extraordinary gift. Most of them refuse to use it. A £50bn fund cannot buy a £100m company. A sovereign wealth fund cannot spend six months researching a stock that would represent 0.01% of its portfolio. A pension fund cannot build a meaningful position in a business trading £30k of stock per day.

You can.

The inefficiency isn't hidden. The inefficiency is that the largest investors in the world are structurally prevented from looking where the best bargains often exist. And retail investors use that advantage to buy the same seven stocks as everybody else.

[Lee Roach @leevalueroach]

The single greatest piece of investing misdirection in modern financial history is the canonization of late-stage Warren Buffett, the Buffett of Coca-Cola and American Express and Apple, the Buffett of the cardigan and the folksy quote and the moats-and-brands sermon, because that Buffett, the one the entire investing world has been taught to imitate for the last 25 years, was not the Buffett who actually built the fortune. The Buffett who built the fortune, who compounded at 50% a year in the partnership era of the 1950s and 1960s, who turned $9,800 into the foundation of what became one of the largest individual fortunes in American history, did not own a single company that the modern Buffett-imitator would consider investable. He owned tiny, illiquid, ignored, ugly, unloved microcap businesses that nobody on Wall Street had heard of and nobody at a modern Berkshire annual meeting would dream of buying.

He bought a windmill company. He bought a streetcar company. He bought a coal company in Philadelphia called Philadelphia and Reading. He bought a map company. He bought a New England textile mill called Berkshire Hathaway that was, by his own later admission, the worst investment decision of his career, and that he kept buying precisely because it was cheap, because the math worked, because the cigar butt had one more puff in it, and because the discipline that defined his early career was not "buy great businesses at fair prices" but "buy fair businesses, and bad businesses, and dying businesses, and businesses nobody understands, at prices so absurdly low that the math forgives almost any operational failure." He bought net-nets. He bought companies trading below the cash on the balance sheet. He bought 30 to 40 names at a time, in small position sizes, in a partnership structure that almost nobody outside Nebraska knew existed, and he held them until the math asserted itself, and then he sold and redeployed into the next batch, and he did this, mechanically, for 15 years, and the compounding from that 15-year period is the single largest contributor to his net worth as it exists today, larger than Coca-Cola, larger than Geico, larger than every single subsequent decision he made after he became too big to run the original strategy.

He himself has said this. Repeatedly. In interviews. In old shareholder letters that almost nobody bothers to read. He has said, more than once, that if he were running small money today, the kind of money a normal investor actually has, he would run the original strategy again, in whatever market still offered the kind of opportunity the American market offered him in 1957. The market that offers it today is Japan. The market that is beginning to offer it is Korea. The market that occasionally still offers it, in small pockets, is American pink sheets and OTC small caps. And the people who are running the original Buffett playbook in those markets, in 2026, with a fraction of his capital and the same patience he had at 26, are doing the closest thing in modern finance to actually being him in his prime, and almost nobody else is paying attention, because the late Buffett of the cardigan has been so thoroughly canonized that the early Buffett of the manuals has been almost entirely forgotten.

You can run the original strategy. You can ignore the modern Buffett-imitator framework that has produced an entire generation of investors who pay 80x revenue for stocks because they "have moats" while ignoring 4x earnings stocks because they "lack durable competitive advantages." You can buy the small, the cheap, the ignored, the unfashionable, the structurally mispriced, in baskets large enough to absorb the failures, held patiently enough for the math to work, and you can, in 2026, replicate the strategy that built the fortune of the most successful investor in modern history, in markets he himself has told you would be his hunting ground if he were starting over. The strategy is sitting there. The framework is freely available. The original Buffett did not need a moat. The original Buffett needed a price. Price was the entire edge, and price has always been the entire edge, and the people who continue to pay attention to price while everyone else chases the late-stage Buffett narrative are, quietly, in the background, building the kind of returns that the modern compounder-and-moat investing establishment refuses to take seriously, because taking it seriously would require admitting that 25 years of investment education has been built on the wrong half of the man's career.

[NBC Sports Soccer @NBCSportsSoccer]

A TROPHY LIFT 22 YEARS IN THE MAKING. ARSENAL ARE FINALLY PREMIER LEAGUE CHAMPIONS AGAIN. 🔥

[Erik Zipf @Erik_n_the_DOGs]

Congratulations! $FLGT

Great abstract data on cancer drug FID-007.
- 60%. Response rate
- 7+ month PFS
- Excellent Safety.

Cannot wait for the Interim data on June 1st.

Stock trading at 0.5x book with a negative EV. Way to cheap for a company with a huge cash balance, an innovative diagnostics business and a therapeutic pipeline that is getting derisked with each successful trial.

https://t.co/v05tvmCdT4

[Arsenal @Arsenal]

The Arsenal. Your Premier League champions.

[Freddie Wittmann @freddiewittmann]

@DrClownPhD 😭

[CVC.ai @CVCResearch]

$DDI just did Q126 FCF/ADS of $0.94, ending the quarter with $10.10/ADS in net cash (up from $9.19/ADS at Q425). $11.25/ADS offer price continues to look like a joke.

[AuxReignots @Reignots]

Basically criminal that $GRVY trades <10% above net cash value with business momentum inflecting like this. GungHo tip-toed towards some shareholder friendly actions, we will need to see more, but this is a $120+ stock. @ClarkSquareCap

[JSouza @souzaj99]

$GRVY and $3765.T $GungHo
Gravity's Cash Hoard is GungHo's Governance Problem

https://t.co/EAtjESYzmJ

[AdAugustaPerAngusta @constala]

must-read: Four Tree Island's rebuff of $DDI 's take-over price-well done Eric Gregg-with you in this fight
https://t.co/2jh5B6WtSV