Aled

$HRTG is still cheap here. They have pretty good optionality with either buybacks or using capital for premium growth (probably both). Even if there's a strong hurricane season and they manage just $4 EPS (q1, q2) then they still trade at 7.5x earnings. Hard to not do solid here IMHO.

after the $HRTG earnings $AII seems like a no brainer here. Slight premium to book value and similiarish earnings multiple to $HRTG. I'm going to add a position before earnings tomorrow. Seems relatively low risk with reasonable reward here.

@GavMcCracken You seen this? on their corporate website. Seems you knew before management did. Nice call can find presentation here: mineraalamos.com/investors/pres…

Honestly a great quarter for Palomar ($PLMR), revenue and earnings both up 50% YoY. Company is guiding for 30% earnings increase this year. As of today, Palomar trades at a forward earnings of just 13. Not really sure why it's down so much today tbh. Just the reality of how difficult this market is.

@_JorgeMirandaC hola! tengo una pregunta para ti.¿Alguna idea de cuándo se aprobarán los permisos mineros restantes en Zacatecas?

Esta tarde, sostuvimos un encuentro con representantes de Solarity Paneles Solares para conocer su plan de negocio y las formas en que colabora con otras empresas en el sector energético, con el objetivo de seguir impulsando proyectos sustentables en Zacatecas.

Full Reddit ($RDDt) Deep dive Stock trades at 26x earnings and 50% implied upside buffettsdisciple.substack.com/p/reddit-rddt-…

$RDDT grew revenue 70% in Q4 and proceeds to sell off anyway. If you annualize q4 numbers the business trades at just 30x earnings today. Here's the thing 1. Reddit will continue to increase GAAP margins 2. They have a long run way of growth ahead of them Reddit is dirt cheap here

I could be wrong but I think Susan Li is capable of elementary math. Long META

buffettsdisciple.substack.com/p/saas-we-are-… SaaS is nearing a bottom. Bookmark me. ADBE, CRM, DUOL, NOW, INTUIT, CSU, TOI.V, VHI, CCLD

@QualityInvest5 Did somebody miss earnings today besides PayPal? This Adobe sell-off is just becoming indiscriminate at this point lmao.

I better not hear a single $ADBE <> $PYPL comparison again One of these is growing revenue double digits, the other is in decline One has a durable moat, the other is a classic case of innovators dilemma End of discussion

Robinhood is under going a material change, and I don't think the market quite appreciates it yet. More specifically, it has to do with their event contracts business. In the month of the November alone, Robinhood did 3B in event contracts. Assuming revenue on the buy side only, this would translate to $30M. On an annualized basis, that would be $360M. The thing about event contracts is they're not cyclical in the way equities are since your returns largely have nothing to do with the economy. This is also a product that can be traded 24 hours a day, 7 days a week. The question then becomes, how big can this be? If you look across various markets, it's such as equities, commodities, futures, etc. Most of them trade on single-digit trillions in volume per annum at least. I fully expect event contracts to reach this volume. It’s estimated Polymarket and Kalshi did approximately $40B combined last year, implying at least a 20x upside. This implies the annual run rate for Robinhood could be as high as $7B annually. Given Robinhood’s placement within the market, the age group that's trading these contracts, and Robinhood's propensity to deliver best-in-class experience, I believe it's a strong argument to me that they'll grow alongside these markets at least at an equal rate. $7B on a financial product that does not share the same cyclical nature of crypto and equities. Event contracts is the most bullish thing to ever happen for Robinhood.

Pretty interesting that the Polymarket is betting on gold continuing to go up in February. Long gold miners here

Microsoft Sell-off honestly stupid. Stock is cheap here. Bookmark me.

holy fuck I'm going to need a tldr boys. Way too long. Needs an editor for sure

Adobe's Revenue chart is a beaut. Stock is setting up to rip from here. Patience boys

buffettsdisciple.substack.com/p/gold-miners-… Gold miners are still cheap. Torex, Serabi and Atlyn

LATAM silver miners all trade a forward earnings of 3 at these prices. That is if silver holds. TBD Miners I like here Andean precious metals Silver Storm Mining Guanajato Silver Co Santacruz Silver Mining

Andean Precious Metals Corp ($APM.TO) This CEO sold a bunch of shares yesterday, which caused a 10% sell-off. It's also why I didn't rip today, along with a lot of the other small-cap silver producers. I mean, to be honest, if you just want to be a degenerate, you could probably buy a bunch of shares tomorrow and as these lower prices hold for another month, I wouldn't be surprised if it moves another 20-30%.

Gold miners are very cheap here. I like torex and serabi a lot