YouTube is still a novel source of alpha
"The person that turns over the most rocks wins the game" - Peter Lynch

Successful investors will agree that synthesizing data is more important than collecting data. Retail investors have never had a more powerful toolkit to compete against the pros but are still undoubtably disadvantaged when it comes to access to data.

I've touched upon this idea before in my post about Alternative Data. If you're diligent there are clues all around us, insights that artificial intelligence can't (yet) decipher by simply scraping a website's text. You can watch advertisements on TV or notice what companies are benefiting from free advertising on social media.

I'm circling back on this idea because it really seems like the modern version of turning over rocks is to watch random YouTube videos. Just pretend you're a portfolio manager and find videos where someone is pitching a stock to you. You can trade a few minutes of your own time to hear their synthesized conclusion after hours of research.

Behind the scenes @nathanworden and I are spending hours each week to prepare an investment discussion on a single name. By presenting our ideas publicly it forces us to think clearly and opens us up to criticism which only helps refine our conclusions. As a viewer you're the PM and we're your analysts.

Another example is this random channel sharing webinars on how to use $PCOR software. The combination of such deep product insight & the average video having like 20 views supports the notion that there are still a lot of rocks to be turned over. You could know the Procore software cold after watching just a couple hours of his webinars. All of this is available to us for free!
Love this analogy— do you tend to seek out YouTube channels with less subscribers and views because you know the ideas in that video are relatively undiscovered?
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Another Drawdown! Another Opportunity!
Stay Strong, Stay long, the businesses we own are still kicking ass!

Selling means you were wrong about their long-term potential!

Sell if you feel fundamentals are weak, not due to price action.

Price is a number, business is true value!

I kinda like $FRSH $PLTR $TWLO $CRWD $TEAM $GTLB $PCOR $VEEV $OKTA at these prices
A great reminder !

“In the short-run, the stock market is a voting machine. Yet, in the long-run, it is a weighing machine.’

$CRWD is definitely one business I need to look more into at moment at this price.
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New Position: $PCOR
$PCOR is a SaaS Construction industry leader with a unique highly integrated, open, and extensible platform that enables businesses to accelerate and manage their entire construction projects and enables them to move very fast and save them a lot of money along the way. They have moats with their platform integrations, products portfolio, innovation, and have a proven acquisition strategy. Procore is a high-growth, break-even business with a large runaway for further growth.

I wrote a brief about them on my old blog, will publish an update this year.

Also, subscribe to my new blog for the latest updates -
2021 was a great year for me, Thanks for supporting me!
Looking back at 2021, here is a list of some of the best ideas I have written about $BLND $HIMS $SEMR $SMWB $EJFA $ZIP $PCOR $OLLI $JAMF $FROG $SQSP $OLO

Let's Look at these, one by one:

Also, I own all of these, I share my portfolio here -

Subscribe to to follow my work and portfolio.
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"The Market" Stock Pitching Game Recap
Thanks everyone for coming to "The Market" game last night! We had 15 people show up and heard 5 separate stock pitches.

If you'd like to receive a calendar invite for next month's game, shoot me a DM with your email and join the group channel here:

Here is a recap of the picks, links to the video, and the Commonstock users who pitched them:

Moody's $MCO
Chris Seifel @chasinggreatness
Watch the pitch on Youtube HERE

Trimble $TRMB <= Most Votes round 1
Watch the pitch on Youtube HERE

ProCore $PCOR <= Most Votes round 2
Pat Connolly @pat_connolly
Watch the pitch on Youtube HERE

Iron Mountain $IRM
Aquiba @aquiba
Watch the pitch on Youtube HERE

Palantir $PLTR
Kiran @coin
Watch the pitch on Youtube HERE

I personally bought shares after hearing the pitches. Trades linked below.

See you all next month!
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Commonstock is a social network that amplifies the knowledge of the best investors, verified by actual track records for signal over noise. Community members can link their existing brokerage accounts and share their real time portfolio, performance and trades (by percent only, dollar amounts never shared). Commonstock is not a brokerage, but a social layer on top of existing brokerages helping to create more engaged and informed investors.