Bespoke Intel
1.8K posts
@BespokeIntel
Primary Research For The Buyside. https://t.co/AlnlsGflPm
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
Is $HRB losing its grip on customer retention? Our proprietary data (n=1,250+) shows a notable shift in consumer behavior. Analysts modeling the tax space might want to take note. Among respondents who used H&R Block the previous year, retention dropped from 80% (Feb '24) to 70% (Feb '25). Data breakdown below 👇
I think one mistake I’ve made is thinking I found something attractive when it’s just been beat up bc one of its factors got beat up. You can still invest but you gotta be extra sure it’s an extremely compelling thesis specific to that stock or else you’re just swimming against the tide banking on that factor coming back into fashion. Sounds dumb and obvious but wasn’t to me.
Gone for a few days and… Did I resurrect / provoke @GavinSBaker who is now spitting fire and roasting people in comments all over the place on here lmao 🔥🔥 lol at people freaking out about (or downplaying) $META ’s $RDDT knock off… this is just the beginning (infinite apps thesis inning one)… for those saying “threads was a failure” don’t look now but it’s not? #5 most downloaded app in app store today. The Forum app from Meta is cool but the best part is the “ask” tab which is an ai chatbot that specifically only pulls from the Groups community and can be / likely will be a very interesting standalone chatbot app (AI answers but only summarizing and linking answers given by real people over decades). the Forum app should default to grant you the option for posting under an avatar though vs your real name if the goal is to drive a real engagement step change (same thing should be upfront in threads). re Meta layoffs - the handwringing and entitlement by people on here in the tech ecosystem about this is quite insane… very out of touch group. separately but related - under discussed yet but very interesting phenomenon is Meta’s decision to move 7k engineers to exclusively focus now on AI products and data labeling. Not only are we going to have a workforce greater than the size of anthropic and OAI exclusively focused on building capabilities at scale that no one else really can, but will also get a lot of cheap / forced attrition from toxic employees who think they are too good for this kind of work. Google i/o was super lame and confirmed my views on their inability to ship and that the race to win in consumer / agentic AI has been won (by meta) before it even started I bought a software stock this week. anyone who has followed me on here or known me irl should know how big of a deal that is as i’ve long hated the space broadly. put me officially in the software bull camp now though as my exposure is now larger than my semi exposure. any guess what i bought? will tell in time have work to do first. what else did i miss?
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
@investseekers I found it fascinating that having struggled because he ignored over-valuation, he's still happy to buy a few names trading on very low cash flow yields ( $ZTS, $INTU) But $WKL interesting, although that too completely ignores momentum. Plus, is he overdoing the #GLP1 fear?
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
On yesterday's call, $INTU CEO Sasan Goodarzi explicitly noted share loss among sub-$50k "simple filers," admitting they "lost on price" as macro e-files contracted. Look at our Vol. 5 tracking data below. Our consumer panels signaled the multi-year foundation of this trend. Even then, $HRB defectors were largely bypassing TurboTax, causing "None of the above" to balloon to 9.0%. Next up, our proprietary panel of practicing CPAs tackles the stickier side: TurboTax Live encroachment, QuickBooks moat, and real-world software AI adoption. Original thread below 👇
