Durable Investments 

Silicon Valley Operator + Wall St Investor.

Open to work on interesting opportunities.

Tweets are just personal notes.

[Durable Investments  @retaox]

@DadInvest

[Durable Investments  @retaox]

@gs072887

[Durable Investments  @retaox]

I've had my fair share of losses with $CHTR; plenty of battle scars to prove it.

So psychologically long $CHTR this time around. Invincible wifi may prove to have a real product market fit.

[Roger Entner @RogerEntner]

Cable companies aren't taking it sitting down. @mediacomcable just launched 5 Gbps downstream speeds on DOCSIS 3.1 across half a million homes, ahead of their DOCSIS 4.0 rollout. Five gig on 3.1. That's teaching an old dog new tricks, and it changes the competitive math against fiber overbuild. 🧵
#Broadband #Telecom

[Durable Investments  @retaox]

Still true 24 years later.

https://t.co/qFzg85ESoZ

[Durable Investments  @retaox]

22 years later. This is still true.

$CI $UNH $CVS $ELV

[Durable Investments  @retaox]

@SayNoToTrading this is cue for you to showoff some pretty looking cost basis screenshots.

[Durable Investments  @retaox]

Roller coaster of a ride, but managed to secure the absolute low cost basis for $CNC $ELV and $UNH sold the rest for better than break even.

Remember: Trust in the resilience of US Health insurance oligopoly. They will always bounce back the next year.

[Durable Investments  @retaox]

@JerryCap As a rule of thumb, when you stop spending money on stupid shit the equity automatically raises.

I'll walk myself out.

[Durable Investments  @retaox]

@SouthernValue95 @JerryCap @taobanker Agree. Business quality of $ROP is marginally better than $CSU at least from ai risk perspective.

https://t.co/r9jCWCxvPf

[Durable Investments  @retaox]

The remaining 25 businesses have some level of lock in and large market share.

All of them are typically $250m revenue businesses. So large enough in their niches.

[Francisco Amador – Sleepwell 🌙 @SleepwellCap]

Mask is off.

Introducing Sleepwell Capital🌙

https://t.co/3wFcHQ7uWR

My name is Francisco Amador, and for the past five years, I've been building this project anonymously and now it's finally time to make it public.

Sleepwell is a private investment vehicle and content platform focused on Consumer, Music, Tech and Experiences.

What started as an anonymous Twitter account, turned into a way to invest some personal capital and write about the things I found most interesting. More recently, it's become a platform to back exceptional founders and companies across all stages, aiming to make high conviction investments and be a thoughtful long-term partner.

It also unexpectedly grew into a large community of like-minded investors.

I owe a lot to this platform and community. I've built some incredible relationships here, and also found my dream job, which I recently transitioned out of after 4 years.

More to come soon🙏

[Drew Cohen @DrewCohenMoney]

Just hit 25k on YouTube.

On this day a year ago we had 367 subs.

Crazy what a year can do.

Thank you everyone for the support.

But jobs not finished :)

[Durable Investments  @retaox]

@SayNoToTrading

[Durable Investments  @retaox]

@SayNoToTrading @gurufocus Cheaper on multiples, but prefer $EFX for EWS as we are not paying up that much given today's prices. They are under earning on a differentiated asset. Lots of synergies with Bureau business too. Multiple Catalysts: mortgage / employment market could recover, OB3 2027 mandates.

[Durable Investments  @retaox]

A classic case of "Internet companies are not allowed to lose customers EVER".

TurboTax Live which is basically now half of TurboTax grew like 35%. But it doesn't matter. Market sees cracks emerging in product market fit, so shoot and ask questions later.

$INTU

[Drew Cohen @DrewCohenMoney]

$INTU hit new lows

TurboTax is 25% of revenue and that entire market cap was basically clipped from the stock today

[Durable Investments  @retaox]

Workforce Solutions which is 45% of the business has grown only 5% last few years because of lower hiring at macro level. It will eventually get back to double digit growth.

[Durable Investments  @retaox]

Ngl, $EFX is looking reasonably priced especially considering the tail winds from OBBB next year.

[Durable Investments  @retaox]

$CPNG

Assuming 5% EBITDA margins 5 years out with 6% sales CAGR over that period, both of which are atleast half of management's expectations.

2031
* sales : $40B
* EBITDA : $2B

That's 14x 2031 EBITDA multiple.

This assumes Far-fetch and Taiwan are a zero.

[Durable Investments  @retaox]

@FocusedCompound $CCC is such an interesting business serving insurance industry. Would love to hear both of you discuss more about its qualitative business fundamentals, competitive landscape, pricing power etc in future episodes.

[Durable Investments  @retaox]

$NU

[Durable Investments  @retaox]

$LHX

[Durable Investments  @retaox]

$VRSK

[Durable Investments  @retaox]

@evrgn11112231 Product market fit!

[Durable Investments  @retaox]

@JerryCap Yeah they did. Acquisition didnt go through. Now they are saying revenue share partnership.

[Durable Investments  @retaox]

Lots of top decile quality businesses trading at 20x NTM P/E while the market is grinding higher and higher.

What are you all upto lately?

I'm adding to $VRSK $CPRT $CSGP $EFX.