Salvatore Delle Palme

On Nike $NKE I’ve liked Nike ever since I put on a pair of Windrunners in 1997. They made me feel like I could fly and helped me train up to a few decent races in varsity track. Since then, I’ve always had a preference for Nike gear. I can usually find something great at an affordable price, something I can’t say about many of its competitors. Last year, I noticed the stock was tanking and started buying. It’s a standard bet on a Nike business recovery: renewed growth in Asia, a reset after the direct-to-consumer boom and bust through Covid, and a return to sharper execution. But it’s also more than that. Nike is one of America’s most indelible global brands. Billions of people know it, and the company still has massive scale, deep category leadership, and decades of R&D across running, basketball, football, training, and lifestyle. I just can’t reconcile the current stock price of $44 with that brand value, especially given that management has clearly acknowledged past mistakes and has already been refocusing the business in a better direction for some time. Nike is also close to Dividend Aristocrat status, with 24 straight years of dividend growth. If it reaches 25 years, it joins a group of only 70 S&P 500 companies with that distinction. That matters because dividend-focused funds, income investors, and institutional mandates can create incremental demand for companies with that status. The stock is down roughly 76% from its all-time high near $179. A full recovery would imply 317% upside from $44. I think that is possible within 3 years in a bullish scenario, while my base case is 5 years. Despite that immense upside, I wouldn’t be posting today if Nike were already back at $65. I think there’s a special double-whammy opportunity here that makes it a screaming buy at current levels. Any positive catalyst, even a modest one, could easily see the stock soar back toward $65 in the short term. That alone would imply nearly 48% upside, while investors are also getting the strong longer-term recovery case. That is why @Nike is by far my highest conviction public position.

@SECPaulSAtkins The “anti-crypto army” is devastated.

@Ragnarrroo @charlie88888888 @YahooSports

@salwilliam @charlie88888888 @YahooSports I hope the Knicks knock him on his ass for real.

SGA has made more free throws than field goals this postseason 😳

@charlie88888888 @YahooSports Yeah, right. They all flop. They don’t all drop 30 every single night.

@salwilliam @YahooSports Unfortunately we are... he is the mayor of Flop City... population 1

@supertrucker @Polymarket Because it’s a bad idea that loses a lot of money.

@salwilliam @Polymarket Why haven’t they done it sooner

JUST IN: The "Steroid Olympics" announces a $10 million bounty to beat Usain Bolt’s 100m world record at the 2027 Enhanced Games.

@lakshyalark At least the Cybertruck tries to be edgy (pun intended). The Ferrari just looks like some crappy Chinese EV.

Double standards or is design preference subjective? 😭

@cryptomanran It’s a money pit with no future. I think they’ll pull the plug shortly.

I just bought some shares in Enhanced Games. Here is my thinking. - The valuation crashed from $1bn to $250mn. - The market was disappointed that records weren’t broken and that no big names in their prime were there. - What most people miss is that it was the first event and no one knew them before. Most athletes weren’t given enough time to train up! Most people didn’t even believe they would pull it off. - Now the Enhanced games is on the map. They pulled of a relatively successful inaugural event and they have ownership of the concept. - The idea of athletics being “legally” able to enhance their performance is going to be a playground for Pharma and Bio. At $250 I’m willing to take my chances.

It says a lot that despite all the hype and debate, Enhanced Games has only 60k followers on X. People just don’t care.

I hope I helped convince a few of you to buy @Nike $NKE. Up 5% lately with enormous room to run. $65+ in 90 days on any positive catalyst.

Pretty fun watch.

how it started how it's going

I ate one almond the other day. Then I felt bad about the water usage, so I thought to myself - well I just won’t make the next 15,000 AI queries I was planning on making

Amazing episode! @arjunsethi schooling us about the congruence and intersection of Catholicism and crypto on @bitsandbips...

Warren and Gensler’s idiotic war on crypto did serious economic damage to the U.S., but probably hurt the Democratic Party most of all.

@seldomsensible @heatguyj81 @Bratt_world The amount of land Israel claims is 0.3% of the Middle East’s land area.

@heatguyj81 @salwilliam @Bratt_world Israel has lost more land than it’s gained, it literally gave Sinai back to Egypt, which is larger than their current borders

Why won’t anyone answer me? If Israelis have the right to self determination, to their ancestral lands of 3000 years ago Then wouldn’t the indigenous people of Canada who have been in Canada 3x as long, also have that right ? 🤔

@heatguyj81 @Bratt_world I’m just pointing out how indigenous people already have unfathomably massive amounts of land in Canada. Any socioeconomic problems they have cannot be due to a lack of land.

@salwilliam @Bratt_world And? Israel keeps expanding so should indigenous people as well? Maybe China should offer them nukes to protect their border.

@jumper42 @HappyPunch 100 lbs. This fight is a joke.

@HappyPunch Sumo guy looks like he has 50lbs on the boxer. Would love to know the weight difference in the fight.