Below are the links to my thoughts on various stocks throughout April. These include Greggs, Novo Nordisk, Imperial Brands, Ferrari, Disney, Palantir, and BYD. Greggs: https://fatalpha.substack.com/p/sausage-rolls-on-saleNovo Nordisk: https://fatalpha.substack.com/p/has-novo-nordisk-lost-enough-weight Imperial … [Read more...]
ASSA with Pon Van Compernolle
On Friday, I recorded a podcast with Pon Van Compernolle (profile below) on an Indonesian company called Adi Sarana Armada (ASSA). ASSA trades at a forward P/E of 3x per Pon! It has 3 lines of business: 1) Corporate car leasing, 2) Logistics, and 3) Used car and auction business. Pon expects ASSA to thrive in the next few years, and he presented the idea at the … [Read more...]
ASML: The picks and shovels of chips
ASML is the global leader in photolithography systems for semiconductor manufacturing. They basically make the machines that make chips used in computers, phones, cars, etc. Each machine costs hundreds of millions, and their customers include all the big chipmakers such as TSMC and Samsung. The company is unique because it is the only company to make extreme ultraviolet … [Read more...]
1st FatAlpha Value (Asia)
I just came back from Asia, where I organized an idea exchange for the first time. The event was in Thailand. I shared a room with my friend, whom I didn't know was a party animal! Lesson learned: when working and stressed, stay in your own room :) The event was a huge success with 31 stock pitches: 16 Asian stocks and 15 international. Met some amazing people. … [Read more...]
Does Buffett like beer more than Coke?
Valuation of Constellation Brands (STZ) I have no idea what beer Warren Buffett drinks, or if he even drinks beer, but Berkshire Hathaway did purchase shares in Constellation Brands ($STZ) in Q4 of 2024. Did the oracle or one of his generals overpay? (We don’t know who actually put this investment on, and it’s only a c0.5% position). Still, it’s interesting to take a look as … [Read more...]
