Willis Cap

Stocks. Most of them rekt.

[Willis Cap @willis_cap]

2023 Annual Letter

https://t.co/PL4gl8OwFQ

[Willis Cap @willis_cap]

We're investors in a Bay Area RE lending fund. They financed a purchase of Class A office in Pleasanton for $6.5mm. Bought from a tech company that paid $15mm and put in $19mm of TI.

Me: would be funny if it was the WDAY losers, I'll look up the addr-- oh of course it was lmfao

[Willis Cap @willis_cap]

lol "Schwab previously stepped away from the IPO business in part because clients received large allocations in less attractive offerings" but we're back now because we got a large allocation to SpaceX

[Willis Cap @willis_cap]

@dalibali2 Bro why do you need an agent to smash the bottom on a bunch of software shitcos

[Willis Cap @willis_cap]

@buccocapital Ain't no problem Bucco buybacks just more accretive

[Willis Cap @willis_cap]

@UpslopeCapital @holderofrecord Oh right it's software and payments, even better

[Willis Cap @willis_cap]

@UpslopeCapital @holderofrecord Nice indeed. I was hoping it wasn't software lol

[Willis Cap @willis_cap]

@UpslopeCapital Who, uh, who dis

[Willis Cap @willis_cap]

@SkeleCap It's like an hour if you believe in yourself

[Willis Cap @willis_cap]

Market intelligence for free lol

[Willis Cap @willis_cap]

I admit I am not the world's best accountant but

[Willis Cap @willis_cap]

@UpdatingOnRome Just had my smart TV push World War II With Tom Hanks to me so

[Willis Cap @willis_cap]

@ajobst No issue with liking GOOG, it is just very odd to stockpile extra cash over the years only to participate in a megacap equity raise at ATHs!

[Willis Cap @willis_cap]

Warren Buffett watching Abel take $10B of money that he painstakingly made over his entire investment lifetime and put it into GOOG at ATHs

[Willis Cap @willis_cap]

@401Casey Roberto's

[Willis Cap @willis_cap]

@s_nav123 Fair point lol

[Willis Cap @willis_cap]

@matt_slotnick @dalibali2

[Willis Cap @willis_cap]

Spit out my drink when I read 2031 or 2032

[Patrick OShaughnessy @patrick_oshag]

Dan on why semis, cap equipment, and hyperscalers are the most attractive sector in the market, and why Nvidia is still cheap:

"The SOXX is up 40%. I don't think I've ever seen an event like that.

You can still buy Nvidia –– maybe the multiple's slightly higher right now –– at 15 times '27, 12 times '28 for the most dominant, very fast-growing company at its size.

I looked through our whole semis, cap equipment, and hyperscaler portfolio.

My instinct was we've gotta take profits here. But I looked at the valuations and the growth rates.

Unless you think the AI world is going to roll over in 2031 or 2032, it's the most attractive sector.

It's where the bulk of our capital is invested."

[Willis Cap @willis_cap]

@brentmuio 🥹🥹🥹

[Willis Cap @willis_cap]

@compoundpapi @brentmuio Interesting, chart looks good. Probably should spend some time learning about this one?????