@chitchatstocks@SFarringtonBKC With inflation on the rise, consumers will be spending less money in restaurants. Restaurant margins will get squeezed, too. Why then would you make a case for buying restaurant stocks?
Portillo's $PTLO axed their CEO on this debt story and I didn't even publish on it yet.
This dumpster fire has a terrible capital stack, exposure to Sun Belt RE, nobody cares about the Italian beef or Chicago dog trends now that Hulu's The Bear likely jumped the shark.
I don't really know what Engaged Capital is thinking with the activist strategy here - the au jus does not seem worth the squeeze.
@SFarringtonBKC I just saw on your Substack that you've been writing about (and buying) PagSeguro last november. Since it's not on your model portfolio - did you sell it? Anyhow, it'd be great if you could update your take on the Brazilian Financials. Love your work!
@SFarringtonBKC @Sophoninvest Interesting stock to look at in your Substack might be FLOCO ($FLOC) - oilfield service company, helping producers get more out of their wells, looking cheap. But hey, probably I'm missing something.