value purist

banks, fintech, value investing and other things, and no investment advice

[value purist @valuepurist]

@bythrasymachus @aircraftcabin The last thing we need in this world is a Nietzsche hardo.

[value purist @valuepurist]

@EricBalchunas A true value investor never wears a vest.

And that's not patagonia.

[value purist @valuepurist]

@EricBalchunas Why is that good basketball to watch?

Meaning everyone shooting long distance three pointers...

[value purist @valuepurist]

@ColinACody @CliffordAsness Understanding these things through radical analogies may be problematic. What makes index investing a roulette?

6-11% is also a wide range, no? What would be a good example of FoF that delivers 11% with no beta after two layers of fees?

[value purist @valuepurist]

@BRK_Student I thought this business was having a tough time

[value purist @valuepurist]

@CNBC Why does jeff bezos look like one of those greek restaurant owners who invites gordon ramsay to save his restaurant, then spends the entire episode insisting the food is perfect before they end up almost killing each other?

[value purist @valuepurist]

@dt432123 @BobEUnlimited Interesting. Would you have source for the chart?

[value purist @valuepurist]

@dt432123 @BobEUnlimited Wouldn't that depend on why bonds are trading lower?

[value purist @valuepurist]

@SamRo Which makes today a non-bubble?

[value purist @valuepurist]

@Spellitout007 @cleanupbritain @benonwine Underrated tweet...

[value purist @valuepurist]

@MikeFritzell Well, let's hope Elliott manages to shift things around a bit.

[Capitano Jacko @CapitanoJacko]

@cannibalstocks This dude is gonna be talking about conversations with Charlie's ghost soon

[value purist @valuepurist]

@CapitanoJacko @cannibalstocks Underrated tweet

[value purist @valuepurist]

@MikeFritzell Brian Cox?

[value purist @valuepurist]

@backoftheenvelo I meditate humming "invert, always invert"

[value purist @valuepurist]

@verdadcap Fair point. But with the same logic public market drawdowns would have triggered lower PE valuations too. I guess PE doesn't react to any market information. It's high return with low volatility 🧠

[value purist @valuepurist]

@SimeonResearch_ Greek quarterly reports are more like 650 pages

[value purist @valuepurist]

@TheRealEstateG6 You can't make a good deal with a bad person.

[value purist @valuepurist]

@dayetweets @HiddenGemsInves Thanks for the idea. How do you calculate the free cash flow and on what year? Sounds interesting but I suspect that 1- it's not at 10x fcf, 2- it's not sensible to pick Hermes as the comp.
But if it's growing at 10x fcf, I think it could be compelling.