PG

Learning

[PG @pagi71]

@long_equity Like it, a top position in some of my accounts,… but not the best price linearity (unlike its FCF)

[PG @pagi71]

@alphacharts365 Avoid

[PG @pagi71]

@dollarsanddata Thanks for writing this. Brilliantly put and absolutely relatable.

[PG @pagi71]

@NoContextHumans 13

[PG @pagi71]

@QCompounding @BrianFeroldi Stupid question: to properly account for SBC (agree with your take), I subtract the SBC from FCF, fine. What if I want to normalise, i.e., should I use diluted or basic shares? I’ve used FCF per diluted shares… but then I sense I would double count if I do so on FCF - SBC

[PG @pagi71]

@CasualtyWar 🪑✋⏳

[PG @pagi71]

@ftr_investors My Top 7 contains MELI, PANW, ASML, NOW, and FTNT (ouch 🥴) based on FCF yield, past FCF growth and recent EPS and Sales QtQ growth

[PG @pagi71]

@long_equity https://t.co/oaOleY2h6u, https://t.co/bvDgNxqnhy, MELI and FTNT amongst other

[PG @pagi71]

@MrBeast I would hate to be liked so much (reverse psychology 😉)

[PG @pagi71]

@ftr_investors The first 3.

[PG @pagi71]

@IrrationalMrkts Fear

[PG @pagi71]

@InvestInAssets Sorry, 3 and 5

[PG @pagi71]

@InvestInAssets 2 and 5

[PG @pagi71]

@ftr_investors 10 of those

[PG @pagi71]

@InvestInAssets And even if you set Company X's ROIC at 30%, and Company's Y ROIC at 90%, the chosen plot will still display a 3:1 cashflow generation in favour of X, and won't highlight the identical IC.

[PG @pagi71]

@InvestInAssets Your plot unfortunately does not support your point well. With a 3:1 ratio in ROIC between companies X and Y, Y will have to reinvest at 150% if X reinvest 50% of its cashflow.

[PG @pagi71]

@IrrationalMrkts @SaveToNotion #thread

[PG @pagi71]

@wolfejosh Wrong, indeed. Queen D7 to B7

[PG @pagi71]

@wolfejosh C2 -> C8

[PG @pagi71]

@QCompounding @SaveToNotion #Thread