1/ This type of crap is exactly what drives bubblish activity... and people to rush in and get hurt. I can almost guarantee @tyler won't be buying meaningful amounts here... but he and @michael_saylor are happy to drive the hype train higher.
2/ $TSLA and other real companies might put 1%... or 5% of a balance sheet in at a maximum. The key is MIGHT.

What pisses me off is that these people who are already big-time $BTC owners continue trying to drive the hype train with these absurd types of claims.
3/ I'm sure we will see @APompliano tweeting about this reckless idea as well.

Let me be clear.. I'm not saying owning $BTC is stupid. I'm saying REAL companies with real business to run would never put their whole balance sheet into something like $BTC at this stage
4/ and it pisses me off that people who can get hurt will follow the hype into $BTC and inevitably get hurt from it... when the Winklevoss, Pomps, and Saylors of the world will do just fine because of when they bought

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More from @7AustinL

1 Feb
THREAD1/

January Investment Portfolio Review (as of close on 1/30)
5Y +235% // S&P500 +62%
3Y +200%
1Y +30%
YTD +29%

Largest Drawdown -39% (2019)

others who share: @ZimVC @David_Kretzmann @TMFStoffel @BrianFeroldi @FoolMCochrane @TMFInnovator @TMFSymington
2/ Top 5 holdings = 61%. This concentration can be risky, so plz don’t just follow. These 5 will drive most my portfolio performance.

Concentration is also what has provided outsized returns.

$AYX 23%
$DDOG 15%
$TTD 9%
$CRWD 9%
$ROKU 6%
I do use options a little. Bit. Here’s a break down of contribution by financial instrument:

Stocks 165%
Options 33%

📝 would probably be best just sticking to stocks but I find options interesting . Owning stocks also has the benefit of less tax implications (generally)
Read 12 tweets
12 Dec 19
1/I’m rereading 100 Baggers by @chriswmayer. Another great book is Intelligent Fanatics by @iancassel and @iddings_sean.

These two books could be the only “investing books” you need to read for life-changing investment returns for normal people who invest.

A thread
2/ the book is based on a study of stocks that returned 100 times your money (or more).

This turns $10k into $1million.

These stocks are more common than one would think.
3/ but finding them is only half (or less) of the battle. You gotta hold on to them.
Read 8 tweets
30 Oct 19
1/ $TWLO @twilio reports today after the close.

Position size 16%
Shares 576
Avg Purch Price: $65.41

I'd like to see:
Total Rev: $302.25M
169k customers
DBNER: 137%-140%

Read my full company overview and earnings preview here: 👇

austin.substack.com/p/company-over…
2/ $TWLO @twilio Why I own?

- Huge fan of Founder and CEO @jeffiel
- Solid leadership team
- Reshaping communications: ~$1.2B+ TAM
- 86% YoY revenue growth (w/SendGrid) & 140% DBNER (~Same Store Sales)

3/ $TWLO @twilio What I'd like to see from today's Q3, 2019 report

Total Rev: $302.25 million, beat by $14.75 million

169,000 Customer Accounts

DBNER 137%+

Strong momentum in Twilio Flex

@SendGrid/@twilio Cross-selling momentum

bonus: HIPAA/Fedramp/Marketing momentum
Read 5 tweets

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