Valuations
@valuations.bsky.social
Disciplined value investing
https://valuations.substack.com/
https://valuations.substack.com/
Shitco liquidity tsunami maybe coming faster than I expected.
November 9, 2025 at 1:25 PM
Shitco liquidity tsunami maybe coming faster than I expected.
Spirits baggies complaining about multiple rerating from 30x to high teens. Pointing at the 5% divy like it’s a no brainer. Should be asking why it was trading at 30x in the first place.
A year ago $BTI was trading at $28 per share 6x EV/EBITDA and offering an 11% dividend yield.
A year ago $BTI was trading at $28 per share 6x EV/EBITDA and offering an 11% dividend yield.
November 7, 2025 at 10:02 AM
Spirits baggies complaining about multiple rerating from 30x to high teens. Pointing at the 5% divy like it’s a no brainer. Should be asking why it was trading at 30x in the first place.
A year ago $BTI was trading at $28 per share 6x EV/EBITDA and offering an 11% dividend yield.
A year ago $BTI was trading at $28 per share 6x EV/EBITDA and offering an 11% dividend yield.
Twitter: get force fed content from literal nazis
Bluesky: get called a Nazi for innocuous statements.
Bluesky: get called a Nazi for innocuous statements.
June 22, 2025 at 11:57 AM
Twitter: get force fed content from literal nazis
Bluesky: get called a Nazi for innocuous statements.
Bluesky: get called a Nazi for innocuous statements.
FWIW I think cocoa prices have peaked. Climate induced shortage was squeezed by speculators. Still some structural issues and underinvestment by farmers will take years to normalize, but like all commodities the cure for higher prices is higher prices. Input costs will become a tailwind.
February 9, 2025 at 11:03 AM
FWIW I think cocoa prices have peaked. Climate induced shortage was squeezed by speculators. Still some structural issues and underinvestment by farmers will take years to normalize, but like all commodities the cure for higher prices is higher prices. Input costs will become a tailwind.
AI is cool but coffee and cocoa just hit 50 year highs right as a miracle weight loss drug became widely available after CPG staples used post-covid inflation as a smokescreen to take price above the inflation rate to boost margins and hit a ceiling leading to weak comps in ‘24.
January 8, 2025 at 11:17 AM
AI is cool but coffee and cocoa just hit 50 year highs right as a miracle weight loss drug became widely available after CPG staples used post-covid inflation as a smokescreen to take price above the inflation rate to boost margins and hit a ceiling leading to weak comps in ‘24.
Why does the real economy need lower interest rates?
December 25, 2024 at 1:09 AM
Why does the real economy need lower interest rates?
The water is warm.
December 23, 2024 at 3:10 PM
The water is warm.
They say nobody rings a bell at the top. And yet…
December 11, 2024 at 7:27 PM
They say nobody rings a bell at the top. And yet…
Quite the spread. ☕️
December 6, 2024 at 11:21 AM
Quite the spread. ☕️
Nothing since this. I think they realized a kitty DM is not worth $10k lol.
December 6, 2024 at 10:46 AM
Nothing since this. I think they realized a kitty DM is not worth $10k lol.
Here you can argue with this pic instead of making me your imaginary internet villain.
December 5, 2024 at 9:32 PM
Here you can argue with this pic instead of making me your imaginary internet villain.
Stay humble out there.
November 28, 2024 at 11:06 AM
Stay humble out there.
I’m not long enough.
November 22, 2024 at 11:21 PM
I’m not long enough.
Everyday I become more convinced that everything on Seeking Alpha is actually satire.
November 22, 2024 at 11:23 AM
Everyday I become more convinced that everything on Seeking Alpha is actually satire.
Correction: they’re paying less attention because they believe their car can do exactly what the marketing claimed.
November 22, 2024 at 2:06 AM
Correction: they’re paying less attention because they believe their car can do exactly what the marketing claimed.
I know a good time when I see it.
November 22, 2024 at 12:02 AM
I know a good time when I see it.
Very much so. Has been for a while now.
November 19, 2024 at 3:10 PM
Very much so. Has been for a while now.
You gotta admit they’ve been way better at innovation than NKE in recent years.
November 18, 2024 at 7:01 PM
You gotta admit they’ve been way better at innovation than NKE in recent years.
As someone who likes to dunk on sell side, I have to admit after going back and reading notes on $HSY from 1H JPM did good work. That said, I think it works as a long here at $170.
November 18, 2024 at 2:04 PM
As someone who likes to dunk on sell side, I have to admit after going back and reading notes on $HSY from 1H JPM did good work. That said, I think it works as a long here at $170.