Mostly Borrowed Ideas
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4/4 Portfolio disclosure (as of November 17, 2022) https://t.co/pmL2XSsT8B
Dotdash Meredith "In hindsight, we timed that acquisition poorly: both Dotdash and Meredith have experienced headwinds throughout the year, with soft traffic compared to extraordi...
Add ~10% share decline, so can see ~20-25% EPS growth (vs '21) which leads to $6.75 EPS If that's true, it's trading at ~12x 2024 P/E. Sure, macro can get TERRIBLE, but given the...
"Netflix has this weird situation where if the show goes on a number of seasons and is fairly popular but has a declining viewership, the costs go up while their value to their cat...
What's surprising is apart from cost of sales (which was just a benefit for mix shift to service), every single cost line item deteriorated over time. One would imagine adding $9...
GMV grew 11% YoY, ~15% FXN. 2-yr CAGR and 3-yr CAGR were ~22% and 46% (52% FXN) respectively which lets you peek beyond the tough comp. https://t.co/rkKscERfSB
Interestingly, fastest user growth for WhatsApp is in North America now; global DAU crossed 2 Bn. Ad Revenue Ad revenue decelerated across the globe; FX Neutral looks a bit bette...
"We've seen podcast MAU as a percent of our total MAU continue to increase. It was up again in Q3. And then podcast consumption per podcast MAU is also up year-on-year"
Number of headcount added by Google in the last 14 quarters (2Q'19-3Q'22) = Meta's total employees as of 2Q'22 Google management, however, promised that Q4 headcount add will be l...
Of course, who doesn't want to be "make-money" investor? But odds are extremely high you won't be "make-money" investor in all markets. But without the depth of our interest to ca...
Unless Apple shows dramatically better execution, they're gonna miss the fat margins of the current computing platform. It is perhaps in Apple's best interest for AR/VR to be niche...
Some technical details on Quest Pro Pancake lenses make Pro 40% thinner optical stack than Q-2 LCD displays have 37% more pixels per inch than Q-2, making it easier to read any t...