Olivier (Emerging Value)
@ReturnsJourney
The most complete coverage of Emerging markets, with DM long term holds as extra sauce picante http://emergingvalue.substack.com
I published something about the Amazon playbook in China on the stack. $JD Believe it or not, and choose your path in the history of investing.
Simeon Rant ⛔️ I really do urge everyone to exercise caution, the sentiment is screaming greed, everyone is hunting for the next short squeeze, most big accounts are pumping their bags, irrational price targets are everywhere without the backing of analysis/facts and the feed is…
If you can automate your pm job it's because most of it is a bullshit job. Like unnecessary cosmetic/reporting, or reports that make you feel more confident. Like transcripts, nice to have things. Not a hit on you but the profession.
That's cause most ppl posting this stuff are AI influencers just showing volumes of work. I'm an actual pm automating my existing workflow. Ive been heavily relying on LLMs for anything and everything since gpt-4 dropped.
Did the $BOC is the next Berkshire Hathaway people finally give up? I haven't seen them post in a while.
Been telling about French smalls for a long time. Hasn't worked too much but there is quality and price
I can't find better opportunities than French small caps right now... Well, guess I'll keep buying
Here is my bull case for $TSLA Tesla is valued 956 billion on the stock market. It's a mediocre car company like all car companies. Let's be nice and optimistic I give the value of 50 billion for cars, a bad business. Then let's assume that the robot taxi takes the entire…
Ugly results by LVMH. Wait before entering imho. $ERF.PA better quality play (for now)
Oh c'est moche LVMH $MC...
Few know. PayPal has something that $V and $MC don't have. A consumer merchant network for a future of payments+commerce. That's the core of the thesis.
$PYPL In case it wasn't clear from the announcement, PayPal World isn't just a partnership with some massive global payment partners. This is PayPal tech that other PSPs will run through. This helps add TPV, but what I'm most excited about his this part: "PayPal World is ready…
Throwback . Chinese tech and SDI timing. All eyez on me 🕶️
+2.5% YTD the quarter I entered into Chinese tech and broken ex darling compounders, which will for sure bring performance in the future. $BABA $JD $SDI very very hard 5 years for value/ems and my companies but doing good because value helps.
I have learned so much from quality investors online. I also learned from my reviews of François Rochon letters. He is an awesome investor beating the market over a long time period. When I read his letters corresponding to his best years, I saw more than quality. I saw value…
It's obvious that the Great Wall of China uses a lot of Cement for repairs
Good morning. Here's a fact that still keeps me up at night.
People look too hard for opportunities. Fintwit is looking for $oscr like "it's going to be a P/E 7 stock in 2028" when this or that happens." Ok, but if you want a P/E 7 stock just buy a P/E 7 stock 😂
I know of a middle-class lady with kids that put 100k into bitcoin in one go. Then proceeded to talk to me about bitcoin all the time. She will probably outperform me.
Most investors on X are gamblers. Even when they are long term investors they buy with fomo and sell when the chart is ugly. Is it because gamblers post more than investors, or are real investors really mostly gamblers?
TRUMP 2.0 MARKET Manic-Depressive Donald is causing a manic-depressive market. From the depths of the tariff tantrum to the current highs of AI euphoria and “Big Tech Quality”. But when the environment is slippery and volatile — why are we extrapolating the present? Well, I…