I enjoyed reading your write up on BB. It was very detailed and accurate. Do you get into the same depth and detail on each company? May I ask how long yo have been doing this and what is your backgroung. Do you work on your own or do you have any assistants, if so how many? Do you take any positions in the companies you cover? Thanks, Ed
Hi Ed, thanks a lot for taking the time to read it and for your kind words. I get into this level of depth when I sense something unusual about an investment opportunity. I spend most of time learning about new things and glancing over companies, only occasionally deep diving into one of them. I have been doing this for slightly less than a year now (previously I was an entrepreneur), do it on my own and have a background in business / computer science. I currently hold concentrated positions in $BB, $GPRO, $SPOT since late 2020 and $AMD and $TSLA since 2014. Best wishes, AL
How are you? I have a question about one of your comments. What is your guess on these unusual items? Thanks, Ed
Does anybody have any idea what these unusual items represent for $BB? They consistently contribute to almost 100% of negative values at the bottom line since John Chen got onboard.
This could happen, but the idea of betting on this is a little bit sickening to me. They have a bit of an edge, but the firm has yet to show signs of winning that fight.
I agree with your line of thinking, especially for security. I think, previously, security was often consumer driven. If you wanted an anti-virus for your computer 20 years ago, you would go out and get one. However, consumers were unlikely to buy an anti-virus unless going through the experience of getting a virus on their computer (and the headache that goes with it). So, naturally, consumers avoid paying for security over things like entertainment (e.g. Netflix). However, if hackers take over 10 million Ford vehicles and intentionally crash them, that looks very bad for Ford. So, car security will be driven by companies who can't afford to risk their reputation and future sales. I think this could be an advantage for BB.
That's true. Very good point. Look forward to reading more of your articles (I'm especially interested in BB, but have read a few others here). I like your style of not only looking at numbers, but also the "feel" of what a company is doing. Good job!
I enjoyed reading your write up on BB. It was very detailed and accurate. Do you get into the same depth and detail on each company? May I ask how long yo have been doing this and what is your backgroung. Do you work on your own or do you have any assistants, if so how many? Do you take any positions in the companies you cover? Thanks, Ed
Hi Ed, thanks a lot for taking the time to read it and for your kind words. I get into this level of depth when I sense something unusual about an investment opportunity. I spend most of time learning about new things and glancing over companies, only occasionally deep diving into one of them. I have been doing this for slightly less than a year now (previously I was an entrepreneur), do it on my own and have a background in business / computer science. I currently hold concentrated positions in $BB, $GPRO, $SPOT since late 2020 and $AMD and $TSLA since 2014. Best wishes, AL
Hi Antonio,
How are you? I have a question about one of your comments. What is your guess on these unusual items? Thanks, Ed
Does anybody have any idea what these unusual items represent for $BB? They consistently contribute to almost 100% of negative values at the bottom line since John Chen got onboard.
Costs associated to unwinding the legacy business, apparently
Thanks, how much longer do you think this will last? Have a good day, Ed
I don´t have any insights on that, but it looks to like not much longer ...
When it stops the bottom line is going to shine. When bottom line shines the stock price will radiate and sparkle.
Feels way to fluffy.
This could happen, but the idea of betting on this is a little bit sickening to me. They have a bit of an edge, but the firm has yet to show signs of winning that fight.
Not worth it in my eyes.
That was the goal, to just write fluff
I agree with your line of thinking, especially for security. I think, previously, security was often consumer driven. If you wanted an anti-virus for your computer 20 years ago, you would go out and get one. However, consumers were unlikely to buy an anti-virus unless going through the experience of getting a virus on their computer (and the headache that goes with it). So, naturally, consumers avoid paying for security over things like entertainment (e.g. Netflix). However, if hackers take over 10 million Ford vehicles and intentionally crash them, that looks very bad for Ford. So, car security will be driven by companies who can't afford to risk their reputation and future sales. I think this could be an advantage for BB.
It´s also a big concern for states now, so that´s all going to drive cybersec spending
If 10M Ford vehicles get hacked, it´s also an issue of national security for whatever country/ies those vehicles happen to be in
That's true. Very good point. Look forward to reading more of your articles (I'm especially interested in BB, but have read a few others here). I like your style of not only looking at numbers, but also the "feel" of what a company is doing. Good job!
Thanks, Ed! I think in investing you´ve got to go way beyond the numbers! New posts coming soon.