Profile picture
Tren Griffin
@trengriffin
, 3 tweets, 1 min read Read on Twitter
The S&P 500 just posted its best quarterly gain since 2009 because that type of gain tends to happen sometimes. At other times it does not happen. This is true in both odd or even numbered years. qz.com/1584099/the-sp…
"A top presidential adviser is calling for the Federal Reserve to cut interest rates. Nonetheless, the S&P 500 index has soared 13.1% since the start of the year, its largest first-quarter gain since 1998." barrons.com/amp/articles/t…
"Information Technology, up 18.8 per cent, and Consumer Discretionary, up 15.2 per cent. Both are eyeing their best quarter since March quarter 2012." amp.ft.com/content/70a4c8…
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Tren Griffin
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @trengriffin see all

Profile picture
Tren Griffin
@trengriffin
"P&G could afford the expensive cost of network TV because you were selling so damn many cans and bottles. Some little guy couldn’t."

Munger said that once, but he knows the brand moat from TV advertising's scale is gone. Recapturing that won't happen.

google.com/amp/s/www.bloo…
At network television sales meetings these days everyone sings:

"What a friend we have in Geico,
What a privilege to carry their ads,
Please deliver us drug ads for olds,
And informercials for six pack abs."
Progressive and Geico spent $519 and $451 (Direct) in CAC. State Farm and Allstate $827 and $711 (Agents). google.com/amp/s/www.chic… That pays for a lot of TV ads.
Read 3 tweets
Profile picture
Tren Griffin
@trengriffin
1/ Amazon is an aggregation of resources made available through a series of interfaces. With AWS and Catalog, the resources were computing power and a monetizable ecommerce catalog, respectively, and the interfaces were corresponding web portals and APIs." zackkanter.com/2019/03/13/wha…
2/ "Software developers [can] access [the APIs] programmatically. In order to thrive at ‘internet scale,’ Amazon would need to open itself up at every facet to outside feedback loops. Amazon would have to become just one of many customers for each of its internal services.”
3/ "Bezos did not meticulously assemble Amazon into the collection of high-growth businesses that it is today; he ‘merely’ designed Amazon’s algorithm." Platforms, Platform, Platforms.
Read 3 tweets
Profile picture
Tren Griffin
@trengriffin
"The whole concept of dividing it up into 'value' and 'growth' strikes me as twaddle." Charlie Munger.

Twaddle: (noun) trivial or foolish speech or writing; nonsense.
"We’re applying Graham’s basic ideas, but now we’re trying to find undervalued GREAT companies." Charlie Munger. The ample supply of cigar butts Graham relied on disappeared decades ago. google.com/amp/s/25iq.com…
"Some people, when they say ‘value investor,’ mean somebody that emphasizes working capital or something. I can’t give a formulaic approach because I don’t use one. I mix all the factors and if the gap between value and price is not attractive then I go on to something else." CM
Read 5 tweets

Related threads

Profile picture
🇺🇸Kari🇺🇸💨🌪🙏💙
@jodaka97
.#ResoluteReads~
REAL NEWS PRESIDENT TRUMP DOESN'T WANT YOU TO MISS!
@realDonaldTrump @parscale @POTUSPress @POTUS @WhiteHouse

1/10 Trump Policies Keep Economic Boom Going As Job Gains of 304,000 Surpass Expectations
whitehouse.gov/articles/trump…
2/10
U.S. Stocks Post Best January in 30 Years
Gains by banks and small caps helped lift the Dow and S&P 500 to their best starts since the 1980s

wsj.com/articles/resil…
3/10
Timothy Ballard: “I’ve Fought #SexTrafficking as a DHS Special Agent – We Need to Build the Wall for the Children”

whitehouse.gov/briefings-stat…
Read 10 tweets
Profile picture
Jill Carlson
@_jillruth
Is crypto winter the canary in the coal mine for a broader market downturn? My worst case scenario for what's around the corner... a thread. 👇
The sell off that's occurred over the last quarter has not been isolated to crypto. The S&P 500 erased a 9% YTD gain to be flat on the year. The Nasdaq index retraced 18% over the course of 3 months (before bouncing off the low).
But of course no market has hurt more than the crypto market. January's market cap of $830 bn has crumbled to roughly an eighth of that. Much of this unwind has happened over the last few weeks, with the crypto market as a whole getting marked down 40% in the last month alone.
Read 12 tweets
Profile picture
Campaign
@realnews1234
This all started because the #MetPolice & #LBRUT couldn't do their day jobs properly & decided to take the law into their own hands. It started as a small cover up 12 years ago but has turned into British State Persecution.

#Skynews #BBCNews #DailyMail #Guardian #Euronews
My company was raided. It should have been a straightforward matter. But the #MetPolice & #LBRUT forgot to seize my computer & came back to do a 2nd raid. The search warrant didn't permit a second entry, however, #LBRUT entered unlawfully

#Guardian #Telegraph #DailyMail #GMB #UK
Complaints were then made to my MP #VinceCable. He liaised with the #Metpolice & #LBRUT. And then weeks later, the search warrant was completely changed & was passed off as the search warrant executed on the day of the raids.

#DailyPolitics #Libdems #Conservatives #labour #bbcdp
Read 147 tweets
Profile picture
Corrine McConnaughy
@cmMcConnaughy
A few papers that I suggest reading to think this through—the questions about what and who drives whom mean this is multi-dimensional... 1/n
From @b_schaffner: "Priming Gender: Campaigning on Women's Issues in U.S. Senate Elections" addresses endogenous politics of the gender gap. Campaigns see it matter in 1 election, they change course next election: Dems run on compassion, GOP on personality/crime/taxes. 2/n
The evidence there suggests that sympathetic women responsive to the Dem strategy, men unmoved. That's a great strategy: pull in folks, don't drive others off. Would be great for someone to replicate with data from current decade. 3/n
Read 17 tweets
Profile picture
Just Live With It
@bbc_thismorning
This all started because the #MetPolice & #LBRUT couldn't do their jobs properly & then decided to take the law into their own hands. The result of this decision has led to events stranger than fiction

#BBCNews #Skynews #Itvnews #Channel4News #ThisMorning #TheresaMay #UKGov #LBC
My company was raided. It should have been a straightforward matter. But the #MetPolice & #LBRUT forgot to seize my computer & came back to do a 2nd raid. The search warrant didn't permit a second entry, however, #LBRUT entered unlawfully

#Guardian #Telegraph #DailyMail #GMB #UK
Complaints were then made to my MP #VinceCable. He liaised with the #Metpolice & #LBRUT. And then weeks later, the search warrant was completely changed & was passed off as the search warrant executed on the day of the raids.

#DailyPolitics #Libdems #Conservatives #labour #bbcdp
Read 145 tweets
Profile picture
Larry Schweikart
@LarrySchweikart
1) A useful history for our time-for those who have ears, let them hear-is mob boss John (Teflon Don) Gotti

He ran the Gambine crime family
2) His first major trial was in 1986 for racketeering, though he ordered the murders of many rivals. One was blown up during the trial.
3) Gotti cultivated a genial public image-was known to offer coffee to FBI agents trailing him.

He knew he was safe b/c of a planted juror
Read 21 tweets

Trending hashtags

#UKGov #ABCNews #business #ceo1month #harrassowitz #Solicitors #UKMail #ChicagoTribune #Employment #southampton #Dailymirror #LBC #Mortlake #HBOS #Fight #MoraloftheStory #bigdat #Twickenham #EBS #smartcitirs #leadership #AWSConfig #banking #highstreet #Newlyn
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!