BWM - Issue # 20 - April 30, 2023

Airlines, Tobacco, lots of Shorts, Alcohol, Payments, Tech, Equipment Companies, AI, Rolex, Lessons from Great Investors, Canadian Pizza + other things to munch on...

Welcome to the twentieth edition of BWM (Bi-Weekly Munchies) …

Let the munching begin!

---

Company Write Ups/Others

Watsco, Inc -- WSO 0.00 -- Write Up

Distilling Diageo -- DEO 0.00 -- Write Up

Twist Bioscience -- TWST 0.00 -- Write Up

Philip Morris International: The High End of Low -- PM 0.00 -- Write Up

Spirit -- SAVE 0.00 -- Write Up

Mastercraft -- MCFT 0.00 -- Write Up

Brookfield Corporation -- BN 0.00 -- Write Up

Shopify Deep Dive -- SHOP 0.00 -- Write Up

Shift4 Payments, Inc. -- FOUR 0.00 -- Write Up - Short

Universal Display -- OLED 0.00 -- Write Up - Short

Nuvei Corp. Update -- NVEI 0.00 -- Write Up - Short

Rumble Inc. -- RUM 0.00 -- Write Up - Short

Presto Automation Removed The McDonald’s Logo From The Customer Section -- PRST 0.00 -- Write Up - Short

Illumina: Malignant Governance -- ILMN 0.00 -- Write Up

Not So Deep Dive: Philip Morris International -- PM 0.00 -- Write Up

Intel: A World War 3 Hedge? -- INTC 0.00 -- Write Up

Avantor -- AVTR 0.00 -- Write Up

MELI 2022 Performance Review -- MELI 0.00 -- Others

Netflix: Advertising Economics -- NFLX 0.00 -- Others

Cutera Inc -- CUTR 0.00 -- Others

Ulta Beauty -- ULTA 0.00 -- Write Up in Spanish

Berry Global -- BERY 0.00 -- Write Up

Big Lots Inc -- BIG 0.00 -- Write Up

The Demise of Bed Bath and Beyond -- BBBY 0.00 -- Others

Altria: Cigarette Volume Fell 11% in Q1, But Dividend Yield Now 8% -- MO 0.00 -- Others

Coupang 2022 Earnings Recap -- CPNG 0.00 -- Others

$$$ Latch Trading Below Liquidation Value -- LTCH 0.00 -- Write Up $$$

$$$ Markel: "A Long-Term Mentality" -- MKL 0.00 -- Write Up $$$

$$$ Riding the HVAC Industry tailwinds: An Investment Analysis of Watsco Inc. -- WSO 0.00 -- Write Up $$$

$$$ Ally Financial: "Moving Pieces" -- ALLY 0.00 -- Write Up $$$

$$$ Investment idea | 3M Company -- MMM 0.00 -- Writ Up $$$

$$$ Problems at Hercules Capital -- HTGC 0.00 -- Write Up - Short $$$

$$$ This Struggling Auto Company Looks Like A Short -- MNRO 0.00 -- Write Up - Short $$$

Supremex -- $SXP.TO, $SUMXF -- Write Up

Medical net, Japan compounder -- $3645 -- Write Up

Cogeco x 2 -- TSX:CGO & TSX:CCA -- Write Up

MIPS AB – Helmet Safety Monopoly with No Worthy Rivals -- $MIPS.ST -- Write Up

Praemium -- $ASX:PPS -- Write Up

COG Financial Services -- $ASX:COG -- Write Up

Card Factory a small giant -- $CARD -- Write Up

ALTIA -- $ANORA -- Write Up

Boston Pizza Income Fund: A Safe 8.2% Yield With Capital Gains Potential -- $BPF.UN -- Write Up

Sleep Country - Deep Dive -- $TSX: ZZZ -- Write Up

Unlocking Value: Examining the GPA-Exito Spin-off [Part I] -- $CGUSY -- Write Up

Uncovering Value in GPA's Spin-off of Exito: Part II -- $CGUSY -- Write Up

Cartier Resources completes its PEA -- $ECRFF -- Others

APi Group with Ben Tewey -- APG 0.00 -- Podcast

Altisource Asset Management: Originator and Distributor of Private Credit -- AAMC 0.00 -- Podcast

Not So Deep Dive PepsiCo -- PEP 0.00 -- Podcast

Stephen Schwarzman founder and CEO of Blackstone -- BX 0.00 -- Podcast

Roper Technologies: Industrial Titan to Software Giants -- ROP 0.00 -- Podcast

Ashtead & Equipment Rental -- $ASHTY -- Podcast

The Death of Sega -- $SGAMY -- Podcast

Goldman Sachs Stock: Harness this Wealth Machine! -- GS 0.00 -- YouTube

WW Grainger Stock: Distribution is a High-Quality Biz -- GWW 0.00 -- YouTube

---

Links

All Hail King by

The Sleepwell Strategy

Once in a Lifetime Opportunity in German Residential Real Estate Stocks by

Modern Value Investing

What if? Warren E. Buffett, An Alternate History by

Neckar Substack

Gravitational Collapse by

Invariant

Q&A video: Where I get my ideas, China, banking crisis, energy, economy, war in Ukraine, new purchase by

The Intellectual Investor

On NVIDIA, Fading the Hype, and a Look Back at the Dot-Com Bubble by

Tidal Wave

Lessons from the Yale Endowment by

MoneyLemma

AI's Interface Revolution by

Digital Native

3 Engines of Value - Guest Lecture at NC State by

Base Hit Investing

Battle Scars by MicroCapClub

Investing Through Antitrust Challenges by Wagner Road Capital Management

---

Podcasts+

Knowledge compounds, keep on munching!

---

P.S. Don’t forget to ❤️ if you enjoyed it.