The Trade Desk: From Unstoppable to Uncertain
A 60% stock plunge in just 10 weeks. The first missed guidance in 33 consecutive quarters. A UI redesign that customers actively dislike. What happened to The Trade Desk’s seemingly…
The Trade Desk: Navigating Advertising’s New Complexity
Our lives today are increasingly better, but also getting increasingly complex. In the 1990s, advertising was simple. Television with a handful of major networks, radio, print, and billboards dominated the…
The $100k Stock Market Shopping List
Dear Steady Compounders, I’ve made a change to our publishing schedule this month. Our next Insider Stocks update was originally planned for Friday, April 18th, but I’m bringing it forward…
How I’d Invest $100k During This Market Drawdown
I’ve recently received this question from a Steady Compounding Insider Stocks member: First off, I’m jealous. A portfolio with mostly cash as we enter a market drawdown? Yums. But more…
Why Do We Run When Stocks Go on Sale?
It’s fascinating how when the market keeps climbing, everybody wants a piece of the action. But the moment it starts declining, suddenly nobody wants anything to do with it. This…
An Unprecedented Shift in the Global Economic Order
The global economic landscape is shifting beneath our feet. For decades, we’ve watched as supply chains stretched across continents, manufacturing concentrated in specialized hubs, and goods flowed freely across borders….
Lululemon: The Tide Isn’t Turning (Yet)
In a previous article ($), Market is Optimistic About Lululemon, I highlighted how management had promised business would return to normal once inventory levels improved and new products hit the…
Amazon: What Doesn’t Change
Jeff Bezos once shared a profound insight at the 2007 Amazon shareholder meeting: “I very frequently get the question: ‘What’s going to change in the next 10 years?’ And that…
My Playbook for Turning Drawdowns into Opportunities
Hey, I get it—stock market declines are terrifying. And it’s not just your imagination: losses actually do hurt more than gains feel good. Research shows the pain of losses is…
Sea Limited Q4 2024: Three Consecutive Quarters of Excellence
Once could be a fluke, twice may be luck, perhaps the third time it is a pattern. This is the third consecutive quarter where Sea Limited has delivered outstanding results….
Why It’s Premature to Cancel Google Search
Google changed the world forever. It has been the guardian of information and knowledge for over two decades. Across hundreds of millions of websites, that tiny search engine bar took…
Paycom: Revenue Reaccelerates in Q4 as Enterprise Strategy Takes Hold
From my December 2024 report, “Paycom: Navigating a Strategic Pivot”: “Paycom’s challenges are not structural—they’re executional. Paycom can likely achieve a turnaround by actively listening to customer feedback and adjusting…