SoundVision Capital

Whoever believes in efficient markets haven’t had their fair share of mansplaining exposure Is there any feeling more universal than the urge to explain the universe?

@breadcrumbsre “Transformation costs”

Brad Jacobs playbook: - pump your stock hard, do podcasts, write a book, do whatever it takes to get premium multiple - add back every expense you can and make sure markets value you on grotesquely inflated earnings (adj EBITDA) - use overvalued stock to buy competitors

@TheRoyaltyKing 1/ are you retarded? 2/ how can I short everything you own?

Burford Capital $BUR Some thoughts (I feel dirty). Book Value ex YPF case ~$5.2 billion. Market cap: ~$1 billion. Burford finances lawsuits and take a cut of damages awarded (hence dirty feeling) Capital-light. Uncorrelated to markets. Historically valued at 1.5x–2.5x book.

@tacoenthusiast2 What do you expect the timeline on distributions to be, anything meaningful after the £18m June 2026 tender before 2028? IRR compresses a lot if the trust is not liquidated within the next 3 years

@BradDunkley Shhhh don’t let others know

My whole career I’ve wondered why “margins” gets 1000x more attention than asset turns when they have equal contribution to ROIC.

@NStepmum your what died?

@Investmentideen @rja907 This is not accurate

@rja907 for buybacks to make sense, they would have to return at least a 20% cash yield. In other words, $CSU.TO would have to trade at 5x earnings – the same multiple they acquire businesses for.

While I say this about $CSU and buybacks, I am also reminded of Mr. Leonard's President's letter from 2011: csisoftware.com/docs/default-s…

@John_Hempton How would you know that the analyst “remains” dumb if they sent it so early in their career? Could have progressed a lot in 3.5 years. You two keep in contact?

In honour of Pantheon Oil and Gas halving today, after being down a lot, I will reveal the stock. The analyst in question remains an idiot, but has a job at a large and reputable mutual fund group. $PANR

@brentmuio This doesn’t even include the horrendous adventures into international equities… (Naked Wines, Motorpoint)

TFW you wait your whole life to make an investment and it's down 50% in a quarter x.com/brentmuio/stat…

@finphysnerd @ReturnsJourney Feels like adding excessive amount of complexity and potential risk to a strategy that’s supposed to be oriented towards wealth preservation Essentially, the question is “why?” Take the lumpier 10-12% with less blowup risk

@ReturnsJourney It's not gambling. If done right (big if) shorting leads to better returns with lower volatility and drawdowns. I'm still learning, but I'm not taking crazy risks especially on the short side.

Had my first decent down day since getting the survivor winnings and it sucks. Upped my short exposure over the past week towards the junky stuff and getting waxed today (particularly some options positions going against me). Percentage amount isn't a lot (1.5%) but the dollar

Carvana only needs to move 39% higher until @AlderLaneEggs has to buy me a new Ford Mustang and cook breakfast for @CliffordSosin and me. Let's see if Cohodes is a man of his word.

@27XVII Also - the post is clearly AI generated So busy creating ShArEhOlDer ValUe that he does not have time to write his tweets

@Norther57617732 @NatgasTurk Its LinkedIn

@NatgasTurk Is this a real tweet from Noble?

$NE lands another contract, short but in direct continuation with the current one for Noble Viking meaning no white space. $34M through 47 days gives $723K per day 😲 Though including extras and mob/demob but still! $RIG $VAL $SDRL $TDW

@ReturnsJourney Is THIS the quality list??

I have been deleting dozens of names from my @Koyfin hidden champions watchlist that don't have enough quality imo. I will be also adding more quality names. But again I will only focus on the bargains, should they appear.

Hosking Partners consistently write some of the best content on Capital Cycles. Excited to read their latest May 2025 Hosking Post. Link to download: hoskingpartners.com/_files/ugd/e98…

It’s easy to dismiss uncomfortable truths as “racist”. The British establishment often does. Like when @maitlis interviewed @RupertLowe10 on grooming gangs. It’s harder to confront the truth. The truth may be uncomfortable but facts cannot be racist. These are the facts: 🧵

@HiddenMonopoly This graph is not controlling for concentration anywhere. it shows that contrarian portfolios (as measured by high active share) with long duration outperform, but hard to tell how much survivorship bias is in these results

The conclusion is clear: Concentrated portfolios outperform BUT only if they have a long-term investment horizon.

@SleepwellCap Cross border payments and serial acquirers please

Since most of the value these days seems to be on the DMs, I'm going to create a few DM groups of Sectors that I'm interested in to share ideas, discuss views, articles, earnings, etc. Reply with which one you'd like to join (ticker list are just examples): Music (SPOT UMG WMG) Luxury (LVMH CFR RMS MONC) Cross Border Payments (WISE RELY SNEX CPAY CABP) Serial Acquirers (with long runway like CSU, JDG) I'm also interested in discussing the following tickers (which don't have great comps), if there's enough interest I'll make a stock specific DM $BRK $WOSG.LN $FEVR.LN $UHAL $NU (or could do Latam Fintech too)

5,502,284%

The biggest news came at the end. Buffett will ask the board to make Greg Abel CEO at the end of the year. Standing ovations followed. Incredible life and career.

@CJ0pp3l @gw_investing And that’s the better half! The other half is filled with either explicit content or full-on hate speech

@SoundVision16 @gw_investing Half of them are straight up scams

So much for Elon's crusade against the bots. My X feed seems worse than ever