Texas Instruments: Leading the Analog Chips Industry

Disclosure: I own shares of Texas Instruments You can listen to this Deep Dive here Texas Instruments (TI) is a storied company in the semiconductor industry since it’s been there from almost the very beginning of the industry. But believe it or not, it changed its name not once

April 2024 Update

First things first, this month's Deep Dive on Texas Instruments will be published by April 25th. Thank you for all the great feedback on my Semiconductor Primer last month; I'm glad that many of you found it useful to get up to speed on the industry.

Semiconductors: "To see a World in a Grain of Sand"

You can listen to this Primer here Semiconductors are almost invisible but indispensable material in our modern life. Semiconductors are hardly tangibly felt by most of us even though anyone reading this piece may be “using” semiconductors almost on an hourly basis. Like William Blake’s one of the poems

Dollar General 4Q'23 Update

Disclosure: I own shares of Dollar General Dollar General (DG)’s stock had an interesting reaction to today’s earnings. First it went up by ~6% in pre-market, but then ended the day 5% down. Despite the somewhat bizarre stock price reaction throughout the day, I think the worst days

March, 2024 Update

After publishing my Deep Dive on AppFolio, I have started studying the semiconductor industry. It didn't take me too long to understand that this is one of the more challenging areas for a generalist like me to get up to speed quickly. As a result, I have decided

AppFolio: Moving Up Market in Property Management Software

You can listen to this Deep Dive here “…we invested in the IPO, we purchased after the IPO from other investors. And pre IPO, there were other strategic investors and their mandates can change, they make an investment in year two, and in year seven, they have somebody else running

Spotify 4Q'23 Update

While not exactly Meta-like twists and turns, Spotify’s rise from the ashes of late 2022 perhaps slipped through many investors’ mind. The stock was at ~$70 in December, 2022. Today, it closed at $232. Before I get to my highlights from today’s call, let me first mention that

Amazon: Model Update (2024)

Disclosure: I own Amazon January 2025 $55 Call Options Last year, I posted a more detailed work on Amazon in which I provided more in-depth discussion on the structure of my Amazon model that I am going to discuss today. If you find it hard to follow the discussion below,

Meta Platforms: Model Update

Disclosure: I own shares of Meta Platforms So I took this weekend to update my models on Meta and Amazon. I just wanted to leave some brisk thoughts on these updated models. I will start with Meta today and will share my thoughts on Amazon tomorrow. You can find the

Amazon 4Q'23 Update

Disclosure: I own Jan 2025 $55 Call Options of Amazon While many investors remain obsessed with quarterly topline growth of AWS, the real story continues to be North America’s sustained margin recovery. Here’s my highlights from yesterday’s earnings. Subscribe Revenue 1P revenue grew HSD and Amazon’s