RightPitchInvestor

Focus investing blog, forum, & research site. Not investment advice. Goal: Attract like-minded long-term investors following the principles of Graham & Buffett.

[RightPitchInvestor @RightPitch]

@SportsCenter #SCtop10

[RightPitchInvestor @RightPitch]

@buckorama1 @JohnHuber72 Rob Cozzone was a fantastic leader during my time at Rockland Trust so I think Avidia at least has the right guy to lead the charge.

[RightPitchInvestor @RightPitch]

@JohnHuber72 If it’s the bank I’m thinking of I live two towns over and can do some boots on the ground research for you 😂

[RightPitchInvestor @RightPitch]

@JohnHuber72 This could be done in Factset I’m pretty sure. At my last firm we had all of our Portfolios piped in from our custodian SEI. You can create custom buckets on pretty much anything. Definitely not cheap though.

[RightPitchInvestor @RightPitch]

@Muskstaycalm @Starbucks Is that the new energy drink? They can only provide so much liquid due to caffeine levels if so.

[RightPitchInvestor @RightPitch]

@Trupanion pet insurance is absolutely useless. They deny claims to get you to appeal. Takes weeks between decisions to collect as much premium from you as they can. Call things pre-existing illnesses that aren’t. It’s a glorified payment plan…self-insure and save the hassle.

[RightPitchInvestor @RightPitch]

@mattfassler1 @JohnHuber72 @theTIKR Harmonic average is technically the best way to get average for multiples but yes median better to use than simple average in this instance

[RightPitchInvestor @RightPitch]

@JohnHuber72 Thanks for sharing. Love the Strategic Decisions Conference transcripts/decks. My boss was lucky enough to attend even though we don’t pay them enough.

[RightPitchInvestor @RightPitch]

@JohnHuber72 I was in attendance this weekend. I think the commentary around Occidental was astonishing. To have 40% of the company already owned by index funds and still build up a 14% stake in the company that quickly is just absurd.

[RightPitchInvestor @RightPitch]

Just got off a @JetBlue flight. The flight attendant closed my autistic (she didn’t know this) son’s iPad & physically picked him up & carried him since he wasn’t moving fast enough for her. Others were on the plane. Felt very inappropriate. My luggage got temporarily lost too.

[RightPitchInvestor @RightPitch]

Interesting commentary from $TREX. Category where the brand matters. Long runway to steal share from traditional PT wood. Passing on costs. Calling for strong demand into 2022 as evidenced by home improv. permit increases. Expect another year of strong double digit revenue gains

[RightPitchInvestor @RightPitch]

@EmbarcAdvisors @Post_Market @JeffBezos @ajassy @maybesheglows I’m an equity/fund analyst and took a part time gig delivering WF just to see how the distribution works. You are right. $10 Isn’t really slowing orders down in my area. More people are doing pickup, delivery basket sizes are getting larger & driver tips have come down.

[RightPitchInvestor @RightPitch]

@jbmp51 @JohnHuber72 @Post_Market @JeffBezos @ajassy @maybesheglows They actually just bought an old Saks and Saks off 5th near me and ripped it wide open. Soon to be a Fresh location.

[RightPitchInvestor @RightPitch]

@Post_Market @JeffBezos @ajassy @maybesheglows What’s the max people would pay for Amazon Prime per year if it continued to include free delivery from both Whole Foods and Fresh? Toss some numbers out of there.

[RightPitchInvestor @RightPitch]

@JohnHuber72 @Post_Market @jbmp51 @JeffBezos @ajassy @maybesheglows You are correct. I’m an equity/mutual fund analyst for a living but took part time gig delivering for WF to understand the distribution. They’re building a Fresh near me soon which I’m excited to learn about. Would be interesting if they find way to mesh package/grocery delivery.

[RightPitchInvestor @RightPitch]

@Post_Market @JeffBezos @ajassy @maybesheglows Grocery profitability example: takes shopper 2 hours to do 5 orders. Shopper costs $25-30 depending on region. Pay driver instant offer rate of $26 to deliver. $51-$56 total to get to customer. Charge each customer $10 & collect $50. Take loss on order, subsidize w. Other orders.

[RightPitchInvestor @RightPitch]

@WomanMiami @Post_Market @JeffBezos @ajassy @maybesheglows This is my area

[RightPitchInvestor @RightPitch]

@WomanMiami @Post_Market @JeffBezos @ajassy @maybesheglows On the North Shore it seems far more concentrated than where I am

[RightPitchInvestor @RightPitch]

@WomanMiami @Post_Market @JeffBezos @ajassy @maybesheglows Where I am on the south shores there’s a number of towns that are 20-30 minutes away from the closest Whole Foods location. And some of those areas have significant wealth. Many $2-10M homes I have delivered to. But then again people 5 minutes away still order usually the elderly

[RightPitchInvestor @RightPitch]

@Post_Market @JeffBezos @ajassy @maybesheglows $10 plus $5 average tip. Many people still think $15 is worth that 1-2 hours of time between travel back and forth (would be at least 40-60 mins round trip for most of my customers), shopping, and waiting in line.

[RightPitchInvestor @RightPitch]

@Post_Market @JeffBezos @ajassy @maybesheglows I started delivering for them on the side to do some market research. Hasn’t affected # of orders too much, but affects driver tips. Less orders, bigger order sizes. For those far from a WF location in wealthier areas $10 isn’t much when you factor in gas & time spent shopping.