Thomas Chua @SteadyCompound
Filling my stock portfolio with steady compounders and sharing my analysis at https://t.co/mV9yIz9m4m steadycompounding.com/connect/ Join over 10k readers here → Joined October 2020-
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When walking away means winning. steadycompounding.com/investing/chee…
AI is transforming Meta's advertising business in two powerful ways: 1. Higher conversion rates through precision targeting AI-powered algorithms analyze vast amounts of user behavior data to deliver ads to the right people at the right moment, significantly improving…
This reminds me of a story about consultants pitching Singapore's Ministry of Education on installing "smart toilet" systems that track ammonia levels to alert cleaners when it's time to clean. The consultants puffed up their chests and confidently pointed to Changi Airport and…
Just returned from Shenzhen and Guangzhou, where I spent time in the wholesale markets. I'd been reading Patrick McGee's "Apple in China"—about how Apple helped enhance China's manufacturing capabilities—and seeing the ecosystem firsthand added another dimension. Talking with…
Every time the market gets frothy and speculative stocks start popping, it feels like a nerve-wracking game of musical chairs. Everyone's dancing while the music plays, but we all know there won't be enough seats when it stops. See also: Druckenmiller’s Lost Tree Club Speech
It has always felt weird when I see companies aggressively guide their intrinsic value during quarterly earnings. One should approach such claims with a healthy dose of skepticism unless the company has a history of candidly acknowledging when their stock is overvalued. I can…
Every CEO with excess cash has exactly 5 options: 1. Reinvest in the business 2. Hold cash (do nothing) 3. Pay dividends 4. Buy back stock 5. Make acquisitions Most pick #5 and destroy value. The best CEOs? They go all in on #1 when the payoff is right. And they master #4…
Any business that stores and owns customer data becomes tough to disrupt. Data is like owning a gold mine—except its value increases every time you dig deeper.
Man, I wonder what's the inspiration behind this.
There's a reason Buffett says, “Lose money for the firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.” Reputation is earned in drops but lost in buckets. With money, you can always earn it back. With reputation, not so.
During periods like these, keep this Buffett quote close: "The less the prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs."
Coupang seems to be making strong moves into Taiwan. Anybody with on the ground insights on how successful they are vis-a-vis Shopee Taiwan?
Massive customer concentration, huge debt, high capex... what could go wrong?

Compounding Quality @QCompounding
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