Young Money Capital's Posts

$92.3MFollowers

@youngmoneycapital03/02/2023

$SNOW Buyback

Hot take for the Commonstock

$SNOW stock buyback makes sense. They are an extremely capital light business and don’t have many expensive avenues to reinvest. It is better to return capital to shareholders than to overpay for an acquisition that is not needed.

Steve Matt

@interrobangbros03/02/2023

I’m ok with the buyback but they aren’t returning capital to me. They’re offsetting SBC dilution.

+ 6 comments

Young Money Capital

$92.3MFollowers

@youngmoneycapital02/26/2023

$COIN Trading Volume

$COIN trading volume has melted in February after a strong rebound in January. MTD daily average trading volume is 10% lower than 4Q22.

Uday

@uplusk02/27/2023

Are you still short?

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Young Money Capital

$92.3MFollowers

@youngmoneycapital02/24/2023

Rewarded Factors Question

Niche investing question. As the market gets more efficient, would companies with rewarded factors then price at higher multiples and thus over time the rewarded factor no longer generate alternative beta? Am I thinking about this correctly?

Benjamin Tan

@consumeowntech02/26/2023

Interesting thought and has validity seeing improving market efficiencies. On the flip side, with instant information and increasingly connected markets, it may also open up more opportunities to take advantage of price dislocations from emotionally driven decisions? All very theoretical here!

Mental "gymnastics"; I was going to use another word after watching a lot of South Park but I do not wish to be banned ;)

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Young Money Capital

$92.3MFollowers

@youngmoneycapital02/18/2023

Cybersecurity Question

Anyone have a strong opinion of the competitive positioning of $CRWD vs $S?

Jared Watson

@wjared02/18/2023

I wrote a piece recently comparing historical vs present day valuations, you can check that out here:

https://commonstock.com/post/c91b447a-9382-4d23-b153-16239d30d276

As far as competitive positioning I think both have an incredibly long runway in the nascent XDR market. SentinelOne is and has been committed to the MSSP GTM strategy, which CrowdStrike is trying to catch up to now.

Both sides say their win rates are better, but I have seen some analysts I respect compare SentinelOne’s tech favorably to CrowdStrike.

+ 3 comments

Young Money Capital

$92.3MFollowers

@youngmoneycapital02/14/2023

$UPST AND $AFRM Bulls

Not trying to grave dance, would like to hear from any $UPST and $AFRM bulls if they still think either company will disrupt $FICO Trying to understand all viewpoints as best as I can.

Jared Watson

@wjared02/14/2023

I’ll comment back after I listen to this earnings call to let you know if I’m still a bull and why or why not.

+ 9 comments

Young Money Capital

$92.3MFollowers

@youngmoneycapital02/04/2023

Is e-commerce a good business?

$AMZN retail has scale and distribution advantages over other e-commerce players, yet is still unprofitable. How are the 2nd through 10th strongest players in e-commerce supposed to compete? How long will it take the industry to consolidate and for e-commerce as an industry to have positive margins?

Leon

@mavix02/04/2023

I think Amazon eCom business is highly affected by investments in the delivery network. I don‘t see real margins for Amazon in the core eCom business, but more in the marketplace & delivery service business. Companies like Etsy or InPost that are focusing on these businesses are able to be highly profitable. But also companies like Revoltion Race ($RVRC) that only focus on a eCom D2C business while building a brand are able to show good margins in their business. But Amazon itself will not be able to build such a brand imo

+ 3 comments

Young Money Capital

$92.3MFollowers

@youngmoneycapital02/03/2023

$ITI Up Double Digits on Earnings

$ITI's stock ran up into earnings and crushed all expectations. I wanted to share a couple of takeaways from the ER.

On taking market share

Margins/Supply Chain Issues

IIJA funding is starting to flow to $ITI

Young Money Capital

$92.3MFollowers

@youngmoneycapital02/02/2023

$ITI Earnings

Prior to earnings, I was hoping for $ITI to show positive adj EBITDA margins. They did way more than that. They showed positive OCF and had a massive guide for adj EBITDA. On the call they also referenced a big deal from the Infrastructure Act. Surprised they are only up 1% AH.

Young Money Capital

$92.3MFollowers

@youngmoneycapital01/29/2023

Thesis Drift/Earnings Season

One thing that has helped me as an investor, is before each earnings call for stocks I own, I write down what would make me sell the stock. Helps prevent thesis drift.

Undefined

@eggplant01/30/2023

Started doing this a while back. I usually write a paragraph (maybe a couple bullet points) of WHY I own it, what would make me sell. If you find that over time, the paragraph no longer looks like the business you own, and that you can't reconcile or get down with the new thesis, its time to sell.

+ 1 comment

Young Money Capital

$92.3MFollowers

@youngmoneycapital01/28/2023

Lapping Comps $FICO

When $FICO laps the tough mortgage comps the business is going to look beautiful.

Dave Ahern

@ifb_podcast01/28/2023

Putting this company on my list to look into. Thanks for all your hard work on this company 🙏

+ 5 comments