Arthur Miko

I have a 4 TB $SNDK SSD in my closet collecting dust. How much longer until I can sell it and retire?

@marketswithmay I agree, May. I feel that things are still BAU vs. what they told us in the Q4 call. Encouraged by the QoQ growth in DAUs. That’s their focus right now. Bookings will improve. As a daily user of the app, there’s zero friction right now. $DUOL

$DUOL... down 3% Rev + 21%, Net Inc + 14% EBITDA +28.6% They are investing heavily to integrate the new tech that makes new things possible. Free cash flow is +43%. It seems like some folks were expected more aggressive estimates in the coming year vs having them focus on growth via spend. This spend is mostly on the product and the modification of marketing. It also seems like folks are worried about competition via AI vs AI leadership due to scale. I personally am ok to give them more time with the latter. At these levels, they are trading at only 16.7x 2025 EBITDA, I still own it and I get the shareholder base likely has to change. I'm happy to let them see how it goes.

@TheRealBirnbaum $DUOL is my biggest loser ever so far (DCA 170), but there’s nothing in these numbers that lead me to believe I should sell, here. They aren’t making a genuine effort for bookings right now. We knew this. I use the app everyday. There’s currently zero friction. DAUs look good.

I'm not totally surprised by the reaction to $DUOL earnings. But it's still fascinating how incredibly inefficient the market is. As with most false narratives that have made me rich, the folks who continue to shit on $DUOL are the folks with the least digits in their brokerage. The market is punishing Duolingo for declining growth. This makes sense in a vacuum, but not when you do a modicum of deeper thinking.  If they grew roughly 5-10% on the top line for the next five years, they'd be able to buy most of the business back. They just printed 27% on the top line. The market is still treating Duolingo like it’s still a $500 stock.  More importantly, Luis has said that they're putting the brakes on growth to concentrate on long-term value. The problem here is that the market--and 95% of investors (glorified traders)--just doesn't care about long-term value creation. Same story, different day. The game is very easy if you abide by Buffett's aphorism that the market is a mechanism that transfers wealth from the impatient to the patient.

@Zizoplays1 @Treynath84 Honestly man AC2 is GOAT. It’s in my Top 5 for games of all time.

@Treynath84 Haven't played that much out of the other games yet, but yeah once it clicks, it really clicks hard Excited for AC2

Finally finished AC1, this game is a fuckin masterpiece

@KMike323 @deanisreal_ And who was commish when that went into effect?

@deanisreal_ The home team chooses genius, not Adam silver

Wearing the same uniform for 7 straight games is ridiculous. Adam Silver’s NBA

Anyone who knows how to read a balance sheet and income statement knew that Spirit was toast when Lina Khan and Elizabeth Khan nixed the JetBlue merger. This was very obvious in January 2024. Truly unbelievable. A socialism masterclass. These people are sick. $SAVE

Elizabeth Warren was key in blocking the JetBlue/Spirit merger to "protect consumers"… The result? Spirit liquidates after 34 years. 16,000 employees just lost their jobs and the bigger airlines can now raise prices even more. Always wrong, never in doubt.

@ariaradnia event.webcasts.com/viewer/event.j… I felt this was a good ~30 min listen for me before I opened my position.

Doing a sh*t load of research for $APP today for a video Please give me your best resources ! thanks in advance 👇

@nataninvesting I want to own $PDD but won’t until they start returning $’s to shareholders. You would think at some point, it’ll breakout.

𝘼𝙋𝙍𝙄𝙇 𝟮𝟬𝟮𝟲 𝙋𝙊𝙍𝙏𝙁𝙊𝙇𝙄𝙊 𝙐𝙋𝘿𝘼𝙏𝙀 Natan YTD: -13.0% S&P500 YTD: +5.3% TOTAL RETURNS (Jan 2022) Natan's portfolio: +94.2% *Benchmark: +41.6% S&P500: +60.7% My positions: $TMDX $PDD $HOOD $META $BABA $PYPL $PRCT $WIZZ $REGN $MRNA $CRSP TRANSACTIONS: 🟢 Increased positions: $PRCT 🔴 Sold positions: ALLOCATION BY COUNTRY: 🇺🇸 US: 68% 🇨🇳 China: 26% 🇭🇺 Hungary: 5% 🇨🇭 Switzerland: 1% Follow me: @nataninvesting - - - - - - - - - - - - - - - - - - - * 𝘉𝘦𝘯𝘤𝘩𝘮𝘢𝘳𝘬 𝘪𝘴 𝘤𝘢𝘭𝘤𝘶𝘭𝘢𝘵𝘦𝘥 𝘢𝘴 𝘢 𝘸𝘦𝘪𝘨𝘩𝘵𝘦𝘥 𝘢𝘷𝘦𝘳𝘢𝘨𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘧𝘰𝘭𝘭𝘰𝘸𝘪𝘯𝘨 𝘳𝘦𝘵𝘶𝘳𝘯𝘴: - 70% 𝘕𝘢𝘴𝘥𝘢𝘲 𝘊𝘰𝘮𝘱𝘰𝘴𝘪𝘵𝘦 𝘌𝘛𝘍 - 30% 𝘊𝘩𝘪𝘯𝘢 𝘐𝘯𝘵𝘦𝘳𝘯𝘦𝘵 𝘒𝘞𝘌𝘉 𝘌𝘛𝘍 ** 𝘛𝘩𝘪𝘴 𝘱𝘰𝘴𝘵 𝘪𝘴 𝘧𝘰𝘳 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘢𝘯𝘥 𝘦𝘥𝘶𝘤𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘶𝘳𝘱𝘰𝘴𝘦𝘴 𝘰𝘯𝘭𝘺. 𝘐'𝘮 𝘯𝘰𝘵 𝘢 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘴𝘰𝘳 and all the 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘤𝘰𝘯𝘵𝘢𝘪𝘯𝘦𝘥 𝘪𝘯 𝘵𝘩𝘪𝘴 𝘱𝘰𝘴𝘵 𝘪𝘴 𝘯𝘰𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦.

@Mr_Derivatives You just know Jensen is motivated seeing all the other semis get love with the godfather left as an afterthought

$NVDA nearing a 10% drawdown from Monday’s after hrs $219 peak. Well that escalated quickly.

@rubicon59 @Wambscapital Negligible SBC burden as well compared to $META $APP

@Wambscapital A much faster growing quality business without the heavy capex burden, at not too much higher valuation.

Why buy $META when you can buy $APP ?

@taobanker Will become the $AZO of clothing retail at this pace

sometimes i think about how $anf trades for less than 8x earnings with 20% net cash and im just like Damn someone shouldn look into this

@AKWilk Jack in the Box “hold my beer.” $JACK

Solid thread. *Takes a look at the balance sheet...

@ariaradnia Owned it at 82, sold it at 159 (RIP), bought some shares back on the recent dip at 377. The stock isn’t that expensive, their SBC is negligible. CEO is a wiz. I would suggest listening to their last earnings call and the March Morgan Stanley conference $APP

Heavily considering selling the $SHOP watcher position and buying $APP with it The growth + margin profile at *just* 40x earnings is kind of ridiculous...

@ariaradnia Will keep an eye on this. Their SBC is what’s actually led me to steer away from this one

A big bear case against $ZETA has always been the SBC They're addressing it...

@realEstateTrent Yerba maté 🧉

I Haven’t thought about eBay in over 10 years. They’re still doing $10B+ in revenue. Serious question: Who is actually using it?

@MayfairLDN_ @ariaradnia There is definitely more caution with Chinese equities in particular but the point still stands - any business in an emerging or market w/instability won’t be rewarded as much for their net cash

@A_Miko_3 @ariaradnia JD is Chinese. China stocks face a bunch of pressures for a long time and can’t be viewed the same as other markets. They’re valued completely differently

Monday(.)com market cap is $3.47B Half of that is JUST the cash on their balance sheet INSANE $MNDY

I maintain my belief that $LYFT is ridiculously undervalued, here. AV’s will be commoditized. At the very least, they will get bought out. Watch.

The run on $AMD has been unreal. I started buying in Feb 2025 and made large adds until April 2025 for an average of about 98. I recall telling my buddies around that time, “the best time to be buying is when it literally causes chest pains to.” Here we are 347. LISA SU!!!