$1,000 follows their calls into $1,053
Varun Malhotra@varuninvestingBack out $CPRT cash and it looks like 14x. Back out the after tax interest that cash earns too, and it's 15.6x looking cheap
Varun Malhotra@varuninvestingEveryone’s asking me about $ZETA and within 20 minutes I knew I’d never get comfortable with David Steinberg. His last company is why. At InPhonic the reported numbers turned out to be inflated and had to be restated. He’d sold 4.7M of his own stock near the top. He
Trevor Heslop@trevhesinvestsWhat did you flag exactly? Curious to hear your findings.
Varun Malhotra@varuninvestingSpot on regarding $META capex. Make sure to give @RihardJarc a follow
Rihard Jarc@RihardJarcThe market reaction of punishing $META because of the increase in CapEx will turn out to be very wrong IMO. In the $META Q325 earnings call, Zuck already explained well that if $META overbuilds their compute infrastructure for internal needs, they can sell it to external
Varun Malhotra@varuninvestingZuckerberg views everything as an option outside of the Ad Machine. Here are all the major bets, ranked from best to worst: WhatsApp Business: The path is message fees plus business subscriptions. Something people miss is that concentration happens in societies with less
Varun Malhotra@varuninvestingZuckerberg views everything as an option With the ad business being cheap you're getting a lot of these for free 1. WhatsApp, paid business messaging 2. Subscriptions, paid tiers across the apps 3. Business AIs, sales agents for businesses 4. Energy & Land, data centers and
