I published an AWS piece in March 2019 that is counter to what most people are saying. My note could be boiled down to 3 thoughts: AWS is a good business with great tailwinds, but: It’s becoming highly competitive, with Google, Microsoft, Oracle, IBM and others all gunning for a …

I’ve recently been following Angie Homeservices (ticker: ANGI), which is ~85% owned by IAC. I’ve also followed Yelp for some time. But as I get more up to speed on Angie Homeservices, I can’t help but think they should acquire Yelp. For those unacquainted with ANGI, its really the combination …

I think Yum! China meets a lot of the criteria of a stock that will compound earnings for the next decade. I like it for 3 main reasons: Long growth runway (China Tailwinds + Market is Not That Saturated + Upside from New Concepts) Targeting 20,000 stores for core brands …

I’m taking a look at MSCI stock. It’s an interesting one and pretty easy to understand. The bulk of the business is a subscription revenue tied to the indices MSCI  creates. These indices are then used by asset managers for their benchmarks. It’s kind of funny how similar it seems …

This will be a brief post, but I think Canada Goose is a fantastic luxury brand. Someone buying GOOS stock today is still coming in very early in its life cycle. A quick digression first: What makes LVMH so great? It’s composed of premium, luxury brands that we all know. …

I just did a post where I evaluated my holdings of Apple following its recent surge, which looks to be a quite big move for the US’s largest public company. One thing I didn’t really discuss in that post was that Apple may have re-rated recently due to perception of …

Tax loss harvesting is something I tend to think about after a strong year of equity returns. I find myself asking if I should reduce risk in some names or at least re-balance the portfolio. The problem is that this can create significant capital gains. That said, if you are …

“Past performance is not indicative of future results” you say as you read this post. But it can be a tool for analyzing what asset allocation performed the best. The markets are particularly tough to apply history to, though, because of the wide amount of factors involved. Interest rates, valuations, …

No surprises here, when volatility reared its head throughout 2018, the “safety” classes outperformed risk. That should make intuitive sense, especially when considering the S&P500s 18.7% return in 2017 (and 21.4% when including dividends). But as we all should know, it pays in the longer term to have some diversification. …