WTCM

"A simple stock research system" h/t @VJ_Rabindranath 1. Do less 2. Calculate even less 3. Read a lot 4. Be passionately curious 5. Think alone 6. Wait for no-brainers 7. Make few decisions and make them count 8. Invest when it's safe not to diversify 9. Record your decisions

"it's defense, AI and oil rolled into one"

at risk? too easy

EU sector rel perf post oil price spikes

"after 50%+ oil price move, equities tended to be higher over the NTM most of the time..."

Unilever HPC remainco's single biggest opportunity in home care: laundry in India $ULVR $HUVR cc: $PG

key $WCN proxy update

Mauboussin on "the things you believe about investing that the majority of your peers would disagree with": (1) dividends play no role whatsoever in capital accumulation and (2) buybacks are simply wealth transfers @mjmauboussin @ckaiwu

$ASML scenario builds/EPS sensitivity (2030E)

trip example cc: $BKNG $EXPE

$MA chief product officer on monetization of agentic commerce

US factor performance before/after Feb 27

what's the right multiple for a 'capital markets intermediary' $ORCL

$TSM 'ten questions' via JPM

"Competitive intensity is growing rapidly and this will likely drive the need to invest more..." $NOW $SAP $WDAY $CRM

good luck to the $P911 'tactical longs'

"While it seems entirely fair to believe that hyperscaler capex and the AI arms race are factors relatively insulated from current macro events, the fact is that the industrial growth outlook is very dependent on the stability of that variable..."

TP: "I’m always drawn to trends that don’t quit when the world changes..." (basket of AI leaders expressed as a ratio vs. S&P 500 ex-AI stocks)

$TRI on elements of CoCounsel comp advantage cc: $RELX