What are you buying today?

[gfp]

I bought a little bit of QXO today for the first time.  I noticed BLDR was up and it reminded me of this former darling.  Ready for that Brad Jacobs magic to commence now

 

[Marco Van Basten]

4 hours ago, Gregmal said:

Netflix 

Why?  Thank you.

[Spekulatius]

CME, PAX, SPGI, MSFT (adds or starter positions).

[Gregmal]

1 hour ago, Marco Van Basten said:

Why?  Thank you.

Among other things, the continued deteriorating financial condition of competitors will just force prices higher which I think should lead to substantial improvements in profitability. 

[Parsad]

1 hour ago, Gregmal said:

Among other things, the continued deteriorating financial condition of competitors will just force prices higher which I think should lead to substantial improvements in profitability. 

 

Yup...like Costco and Walmart.  Will eat up all of the cable companies for the next decade or so.  Streamers are just moving into full blown television programs like sports.  So far they've been just been eating up movies and unique programming.  They've just started bidding on sports programming and eventually will show all sports.  The more total programming they provide, the more people will be happy paying higher subscription fees.  Cheers!

[yesman182]

10 hours ago, Parsad said:

They've just started bidding on sports programming and eventually will show all sports.

They have been consistent in saying they are not interested in bidding on the multi year full season contracts. You think that will change? Or are you saying you think they will bid on more one-off sporting events in more sports? Like golf, or tennis or whatever else besides football. 

[Lance]

ICE, MKTX and TW

 

Thanks

Lance

[Eldad]

MSFT for kids and Mother in Law. 

[Cod Liver Oil]

Adding to Sony. It doesn't have the IP of Nintendo but at least management is restructuring to increase margins. Games are in the dumps but imaging is getting a nice tailwind from AI. Not world beaters but solid balance of businesses reasonably well run still at 6/7 times cf.. I like the anime stuff.

Edited 3 hours ago by Cod Liver Oil

[Parsad]

3 hours ago, yesman182 said:

They have been consistent in saying they are not interested in bidding on the multi year full season contracts. You think that will change? Or are you saying you think they will bid on more one-off sporting events in more sports? Like golf, or tennis or whatever else besides football. 

 

They'll be opportunistic.  If they find they are getting sports programming in a nice package for a fair amount, they will buy it.  Sports programming is really the only thing keeping cable alive.  Eventually, the streamers will replace the cable companies once they realize tie-ups with the cable companies aren't worth it any more.  We're not there yet.  Cheers!

[Lance]

CME and TMXXF

 

Thanks

Lance

 

[frommi]

EVO, CPRT, VEEV. Cheap valuation relative to growth/history and all have big buybacks and great balance sheets.

[Rainier]

Adding a lot to the financial exchanges.

 

Back in on Netflix. 

[Jan]

Some more BTC

[EgonKuhn]

New starter positions in CME, MKTX and TW