
Independent equity research, focusing on high conviction long-term trade ideas and other compelling opportunities.
| Platform | Pricing | Only free issues | Publishes | Weekly | |
|---|---|---|---|---|---|
| Issues | 34 | Founded | 2 years ago | Last Issue | 2 months ago |
| Active | |||||

Trading notes:
Distribution Finance Capital Holdings plc trades on the LSE under DFCH.
30-day avg daily liquidity: $71,000 USD
Market cap: £94 million GBP ($125 million USD)
Price: 58p (£0.58)
P/TBV: 0.83x FY25 ending TBV, 0.79x est....
Reddit Reported earnings on Thursday AH, reporting a very strong revenue beat that sent shares up 13% on Friday. Overall revenue grew 69% Y/Y and advertising revenue grew 74%.
Source: Company filings
I am sure a beat...
You cannot realistically compare it against other public social media companies like Snapchat, Meta, or Pinterest. Why is that?
Reddit is a forum-of-forums, made up of o...
CD Projekt Red (CDPR) is headquartered in Warsaw, Poland and reports in Polish Zloty (PLN). CDPR trades as CDR.WA on the Warsaw Exchange and OTGLY on OTC Markets.
Firstly, the country was one...
This post is an expansion of a concept that was first mentioned to me by Leviathan Capital over on Twitter. That concept was roughly, “Where the margin is going matters more than where the margin is.” I feel like this concept doesn’t get qu...
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The writers behind this newsletter.
I try to buy (and ideally hold) well-managed businesses with unique, in-demand products or services, high margins, high insider involvement, and attractive match-ups against competition. Generalist, but I like software, financials, and industrials.
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