PayPal Q2 2025: The Turnaround Takes Shape
In my Q1 2025 analysis PayPal: Let Alex Chriss Cook ($), I wrote: “Branded checkout is a two-sided network—the more users it brings, the more merchants will accept it, creating…
[25 Jul 25] Portfolio Update: One Sell, Two Potential Buys
After analyzing Alphabet’s Q2 results (“Alphabet Q2 2025: The AI Transition Takes Shape”), I’m making some portfolio adjustments. The Sell: Adobe I’m selling my remaining Adobe position. There’s uncertainty around…
Alphabet Q2 2025: The AI Transition Takes Shape
Back in March, I wrote a piece titled “Why It’s Premature to Cancel Google Search.” The thesis was straightforward: “Writing off Google in search would be premature. Its younger competitors…
Is Adobe an AI Laggard?
AI is reshaping the creative landscape at breakneck speed. And in this revolution, Adobe finds itself in a peculiar position. The company keeps beating expectations quarter after quarter. Yet its…
Netflix: Priced for Perfection?
In my April 2022 report titled “Netflix: The Streaming Giant,” I wrote: “While new subscriber acquisitions seem to have slowed down, given the large and growing addressable market, coupled with…
The Most Expensive Mistake Investors Make in Volatile Markets
We’re halfway through 2025, and it’s been a wild ride. With liberation day tensions and escalating US involvement in Middle East conflicts, many have been predicting a market crash. The…
Trade Desk: When Great Companies Stub Their Toe
From my earlier article on The Trade Desk: From Unstoppable to Uncertain: “What makes this situation particularly interesting is that the problems appear to be primarily self-inflicted. There’s no evidence…
Lululemon: Sign of Worse to Come?
In April 2025, I argued that Lululemon’s challenges were temporary rather than structural, in Lululemon: The Tide Isn’t Turning (Yet): “The key question is whether these issues are temporary or…
Sea Limited: Playing Offense
Remember when Sea Limited was almost done for? The pandemic darling had burned through cash like there was no tomorrow. Interest rates were rising. Consumer spending was cooling. The company…
PayPal: Let Alex Chriss Cook
PayPal continues to execute on its strategic shift under CEO Alex Chriss, who took over in September 2023. The company deliberately prioritizes profitable growth over raw volume expansion, particularly its…
Buffett’s Brutal Truth About the Liberation Day Sell-Off
The market drawdown from Liberation Day on April 2, 2025 now looks like a passing nightmare. The S&P 500 fell roughly 12% from the close on April 2nd to its…
Buffett’s Wisdom: 12 Critical Insights from Berkshire Hathaway’s 2025 AGM
It has been an incredible six-decade run for Warren Buffett. This year, Buffett shares his perspective on his record cash position, thoughts on DOGE, the trade war, AI impact and…