Diogo

@wabuffo Anf how's the labor market?

PPI is..... (where the inflationistas at?)

@shot_change why not a fan?

@MikeFritzell @Aksel465 everyone seems to own CTT now ! 😀

@Aksel465 @DiogoPrnt

Portfolio Update Talkpool AG – 40% $TALK.ST Undisclosed (write-up coming tomorrow) – 18.5% CTT – Correios de Portugal – 16% $CTT.LS Angler Gaming – 10% $ANGL.ST Raketech – 9% $RAKE.ST Shelly Group – 6.5% $SLYG.F Recent changes: I decided to sell out of Bodyflight. As I wrote in my earlier note, the case had some downside protection through its asset base in the event of bankruptcy. However, the uncertainty around when that would matter, and whether the main business would recover, made it feel more like a melting ice cube. The second sale was Toro Corp. In its most recent quarterly report, the diluted share count jumped about 4x, and this was done without any mention or explanation in the report itself. Given the company’s history and the reputation of its founder and CEO, this was a major red flag for me. I also exited PetroNor. I originally bought it thinking the DOJ dropping its case meant the corruption investigations were winding down and they didn't find anything. After digging deeper, I realized the case was actually dropped because of an executive order signed by Trump that stopped US doing investigations into companies outside the US. That changed the risk profile for me. Finally, my second-largest position at the moment is the one I teased earlier. The research took some time because I had to translate every report individually, but tomorrow I’ll publish the full write-up on Substack so stay tuned.

still 🔥🚒

@Finding_Moats expensive right?

So basically, investors are paying ~24x Tyler’s 2030 FCF, on a $24.5B EV… and that’s assuming a significant margin expansion along the way. $TYL

@wabuffo what do you think about trading for no rate cut in sept meeting? seams like a good risk/reward atm

Live look at FOMC members who are lobbying for a cut after today's PPI & weekly claims.

@billehart @MikeFritzell Yes and if you want place with proper sand you can go to Porto Santo Island, just 2h30 from Madeira by ferry boat or 15 min by plane and enjoy fantastic beach that is not crowded (unless in August).

@MikeFritzell Madeira is beautiful. Beaches aren’t great though—the are rocky except for two places where they brought in sand.

The bull case for Daikin (no position)

@wabuffo boosted by reaccelerating government payrolls,Local governments hired DOGE related federal government layoffs

Haha - NFP comes in hotter than expected. Payroll taxes told ya that tho

@daniel3point0 @MikeFritzell hahaha

@MikeFritzell It's only a matter of time before grandmas in Asia are wearing t-shirts with "grisch" written on them in giant gold letters.

Quiet luxury... -- "Grisch" is a Swedish term that refers to a style characterized by a blend of luxurious aesthetics, minimalism, and a sense of "quiet luxury" --

@Abel_8375 @Pascalinvestis1 @LuchesiPhilippe Dior seams cheap, haven't dung into it. do you prefer it over LVMH?

@Pascalinvestis1 @LuchesiPhilippe J'ai Dior en watchlist depuis un moment... Je regarde, le doigt sur la gâchette...et je suis pas très loin de tirer. Pas momentum, mais ça n'a jamais été mon fort le momentum, je préfère acheter moins cher et patienter un peu ;)

Faire ses devoirs ... 🧐

@MikeFritzell Bullish Aviation fuels - longer routes? 😁

Not many routes left now?

@evfcfaddict wouldn't this be available only to people that management wants? 😂

Anyone got a link to watch the Swatch $UHR.SW general meeting?!

@marketplunger1 Martifer

Probably bullish for Rheinmetall $RHM. Also, the European Rearmament will take decades. It's a very long investment time horizon. Lots of opportunities here across the supply chain. What's your favorite European defense idea?

@ddngoncalves Now you can have massive gain in 30 days 😀

People need to be more careful with these posts if they don't want other users to find out. Just did a deep search with two different models and it gave me the name of the stock in under 3 mins :D

@ddngoncalves @MikeFritzell

It baffles me how people don't understand China at all. Singapore and China só similar. Yet, people in the west usually have a good view of singapore and a bad one of China

@spycrowsoft @CJayakrishnancp @MikeFritzell Not in Portugal

@CJayakrishnancp @MikeFritzell Have no illusions about it: They earn those salaries in Europe and Singapore as well. Want a top-tier manager who knows his stuff? You'll have to pay 200k in Europe as well. Want a competent software engineer in Europe? That's 100k+ too. Otherwise you get bottom of the barrel.

INSEAD grads make almost as much as Columbia MBA grads? I find that hard to believe.

@RoyalOrange7 @urso_de_shorts Hk é dos mercados + baratos

@urso_de_shorts Se dizem isso da Europa, entao o q dizer da China? Eu recomendava a todo o investidor olhar seriamente. Incoming bull market

Opiniões sobre o comentário do Larry Fink…

@HiddenValueGems As a Company 😄

@DiogoPrnt As a product or a stock? 😀

LVMH is down 19% YTD, still not too cheap, close to 20x fwd PE, but reasonable assuming luxury recovery, high ROIC/margins and its moat. At what level would you buy it without any further thinking? $MC.PA #LVMH

@KoersKompasBart @MikeFritzell Hi, atm im located in Madeira Island

Buffett-style skills in Portugal? Analysed nearly every listed company trying to find the best capital allocators. @diogoperneta/note/p-150524217?utm_source=notes-share-action&r=qvzmr" target="_blank" rel="nofollow noopener">substack.com/@diogoperneta/…