Speedwell and MBI discuss Meta Platforms

Subscribe Last week, Speedwell Research, an independent investment research service, published their Deep Dive on Meta Platforms. They were kind enough to send me a copy of their work. After reading their work, we exchanged a few emails/tweets discussing their report. I enjoyed this interaction enough to think I

Hilton: Scaling Hotels in Asset-light Way By Monetizing Brand

You can listen to this Deep Dive here There is a popular meme that goes around on Twitter which likely originated from a Tom Goodwin piece at TechCrunch in 2015: “Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no

2022 Annual Letter

Subscribe What a humbling year! I genuinely believe any investor *should* want to experience a year such as 2022 as early as possible in their careers. I will share some of my introspection later, but let’s start with some business updates. I’ll start with the good news. MBI

Sherwin-Williams: Painting the Wonder of Compounding Decade After Decade

You can listen to this Deep Dive here Subscribe When much of the Silicon Valley or broader tech world is currently under the spell of  the magic of Generative AI or ChatGPT, it may be somewhat monotonous to study a company that was founded in 1866 in Cleveland, Ohio. Some

Adobe 4Q'22 Update

Disclaimer: I own shares of Adobe Subscribe "It is the golden age of design. Everybody would like to express themselves." Shantanu Narayen, CEO of Adobe While the days of 20%+ topline growth is clearly behind us, Adobe remains the juggernaut in creativity software industry. Digital Media, Digital Experience,

Some thoughts on SBC

Subscribe I have received quite a few messages and emails on Stock Based Compensation (SBC) over the last few weeks. Two things prompted me to write a separate post on SBC: a) it is a much more efficient way to respond to messages/emails on this topic, and b) there

Autodesk 3Q'FY 2023 Earnings Update

Disclosure: I own shares of Autodesk Autodesk had bit of a mixed quarter. While they typically beat the high end of their guidance, Q3 topline was near the low end of the guidance. Moreover, guidance appears to be weak too as Q4 implied topline growth is HSD i.e. ~7-9%

Datadog: Leading the Cloud Infrastructure Dogfight

You can listen to this Deep Dive here Subscribe Olivier Pomel and Alexis Lê-Quôc, the two co-founders as well as CEO and CTO of Datadog respectively, used to work at Wireless Generation, a NY-based SaaS company focusing on the education sector. Olivier was running a team of Developers there whereas

IAC 3Q'22 Earnings Update

Disclosure: I own shares of IAC Subscribe Perceptions of both IAC and Angi have swung from extreme confidence to extreme skepticism. We could all challenge the rationality of the extremes, but the general shift in sentiment has been warranted: Joey Levin Here are my highlights from the recent shareholder letter

Amazon 3Q'22 Earnings Update

Subscribe Disclosure: I own shares of Amazon When faced with an uncertain economy or some kind of discontinuous event, customers tend to double down on companies that they believe have the best customer experience and that take care of them the best As Bezos said, long-term shareholders and customers interests