aesophawk

Completely agree. Market looks bubbly, but underneath you have real opportunities. My portfolio might look similar from a valuation perspective, but the quality and growth prospects of the businesses are much better than the "dumpster diving" names that made up the majority of my previous portfolio. Getting GARP companies at a value price.

I buy rain or shine. There's always something to do. I do think the potential economic risks from the Iran conflict are underpriced and conference calls I've listened to have called out strained consumers on the lower end. But even with that in mind, there's a bunch of stuff out there that has already gotten waxed. Companies down 50+% and trading at levels from 10 years ago ain't hard to find. My worthless two cents is that it's a good environment for stock pickers.

I think the UK chains are better opportunities. I own LON DOM, but GRG also looks reasonable here.

Sold MO and some BAC to purchase BRO and CPRT

Does anyone have a referral/promo code for TIKR. After looking at ROIC.ai and TIKR, I landed on TIKR.

Really bummed that QuickFS is shutting down. It's my most used website. Does anyone have any recommendations for alternatives? I've been looking at ROIC.ai.

Interesting market, more opportunities than I can remember in a while. Bought some KMX, HTLD, CMCSA, and LYB. @Spekulatius saw that you bought some EMN. Curious if you looked at LYB, and if so why did you prefer EMN.

ELV. Even with the current headwinds, the pricing on the entire industry seems irrational.

Largest equity buy this year for me has been London Dominos. I started a 4% position last year, now it is 9%. Other than that took GTX from 3% to 5%. I typically hold between 6-15 positions and try to find one or two things a year.

The "additional brands" commentary is the only thing preventing me from making this a huge position. I think it's a homerun if they just continue investing in their business and returning everything else to shareholders.

Added to London Dominos. Seems way too cheap here. Guided to the lower end of EBITDA. So what? 144 EBITDA vs ~1500 EV on business that's grows earnings and FCF over 10% a year. New CEO has a great track record. Fits into the Todd combs 15x fwd PE, earn more in 5 years with a 90%confidence, compound earnings at 7% with 50% confidence.

Added to MSGE Started a position in UTMD

Sold all SPHR Small trims to BAC and BRKB.

MACF

DOM and BAC