February, 2025 Update

Few quick updates for this month:

1. In February, I will do my annual, more detailed updates on Meta Platforms, and Amazon. I expect to publish my update on Meta by the end of next week, and hope to publish Amazon update the week after that. In the meantime, I will also cover Alphabet and Amazon earnings this week.
2. Let me give you a schedule for the next couple of Deep Dives: Illumina in March, and ASML in April this year.
3. Over the last couple of weeks, I did two podcasts: one with Scuttleblurb on XPEL (Spotify, Apple, RSS feed), and the other one with Speedwell on Spotify and Lululemon (Spotify, Apple).
4. Since I have updated my portfolio last week (disclosed on the last day of every month), I do want to disclose that I have started a new position in Maravai LifeSciences (MRVI) today which was my Deep Dive in December last year. In my Deep Dive, I mentioned I would be looking to be a shareholder if the stock comes down to $4-4.2 price range, but I started this position at slightly higher prices than what I considered to be more compelling entry price because a) while the upside can be debated, the downside is likely to be limited from current prices (elaborated in the Deep Dive), and b) I am unwilling to let my cash balance exceed 20% and would rather swing at opportunities at slightly lower IRR than letting my cash balance grow over time. While cash provides optionality in period of volatility, too much of it can be a drag for the overall portfolio return; therefore, I try to maintain a ceiling of 20% cash for my portfolio.
5. Finally, in case you're not already a member of WhatsApp community, I encourage you to join since I do share more earnings coverage, as well as interesting pieces that I come across, on WhatsApp. For new subscribers, let me also highlight that you can access the full library of 55 Deep Dives here.

Thank you for your support!

Disclaimer: All posts on “MBI Deep Dives” are for informational purposes only. This is NOT a recommendation to buy or sell securities discussed. Please do your own work before investing your money.