Lawrence Hamtil
76.6K posts

Lawrence Hamtil
@lhamtil
Business collector🚬🏋️♂️🛩️. Tweets are not financial advice & should not be construed as solicitations. They are for informational purposes only.

Drop whatever you’re doing, folks Will Clark hits a colossal opposite-field homer to tie the game for Mississippi State in 1985 with fellow future big league legend Rafael Palmeiro waiting in the on-deck circle Those two guys hitting back to back is wild




Shai hit his signature move Push-off, flop, free throws.


Passive S&P 500 funds could have to buy roughly 19% of public SpaceX shares within 6mo under fast-tracking framework (it would enter the index at the est 6th spot), Russell 1000 and Nasdaq 100 may buy another 5.5% within weeks of the IPO. Thrown in active MFs benchmarked to those indices and you get to HALF of SpaceX shares. Nice study from my colleague @rduboff



One of my favorite Kyle Busch moments. One of @mikejoy500, @LarryMac28, DWs best calls



Bryan Perkins has closed 27 acquisitions. The one he picks out as the most expensive in time cost wasn't a big check it was a tiny bankruptcy deal he made in Long Island. The factory was next to a Lamborghini dealership. The business had been around since 1850, making nails for buggy whips before eventually pivoting to aircraft engine fasteners. The capital structure was broken. Bryan tried adding product lines, found the return on energy didn't pencil, then pivoted selling the metallurgical lab to Boeing and relocating production. Years of his bandwidth and some gray hair for a deal that was a rounding error on paper. In this clip from this week's episode, Bryan on why even small one-way door decisions are expensive.


While memorializing our beloved Murray Stahl, a writer for Grant’s Interest Rate Observer was reminded of Samuel Johnson’s description of the 18th-Century British statesman Edmund Burke: “His stream of mind is perpetual.” @GrantsPub Read the full piece here: horizonkinetics.com/app/uploads/GI…

Fully exited $MA today. Sad to see it go honestly... Mastercard is still a world-class business. 60% operating margins. 175 billion transactions a year. A toll booth on the global economy. But look at this chart. $MA over the last year: -14%. S&P 500 over the last year: +25%. That's a 39% gap on a stock I was holding while the rest of my portfolio was ripping... I don't care how good a business is. If it's underperforming the index by nearly 40% over a year, that capital needs to be somewhere else. Opportunity cost is real on this one - every pound sitting in $MA was a pound not compounding in $NVDA , $AVGO or $CAT This is probably the hardest lesson in investing. Letting go of a stock you love because the numbers aren't working - Your feelings don't make you money. The data does. Never sell unless the thesis breaks? Sometimes the thesis is fine and the stock just isn't performing at all, even on a longer timeframe - That's enough. Good company, wrong timing so my capital is redeployed elsewhere. What's a stock you've held onto for too long?


It’s hard to imagine Stephon Castle won’t be materially better than Reed Sheppard Tweeting to revisit in 5 years













