My $ROKU 📺story⬇️and some lessons in the thread below.
It's not often that I get add so many times at attractive prices in such a short amount of time, but that Mr. Market can be extra generous sometimes and you got to oblige.
Few general lessons (not recs)⬇️
✔️ Don't get stuck on your initial (not fully informed) opinions
✔️ Consider facts , updates from reliable sources and analyze with fresh eyes
✔️ When you have a good enough thesis, start a small position (don't wait for perfect entry points).
✔️ As you gain more conviction or Market gives you chances, add more.
✔️ When the trend has a long way to play out, and the Mgmt is executing well, be patient.
✔️ Yeah, any quick gains are a bonus but there's lot more to come. Enjoy the (possibly bumpy) ride.
Ten quick reasons why I❤️$TWLO & plan to hold for a long time to come.
1⃣ Primary service (CPaaS) is a critical & growing component of Digital Transformation. Being able to effectively reach Customers in whatever channel they prefer is a must.
2⃣ Highest mindshare and best in class for CPaaS.
3⃣ Plenty of organic growth left.
4⃣ Usage based Revenue model in exploding use-cases is great.
5⃣ ~140 DBNE, one of the best in SaaS
6⃣ Great top line growth for few more years, and margins trending in the right direction.
7⃣ Huge base of Customer count, with no concentration risk.
8⃣ Smart acquisitions, not empire building. SendGrid and Segment are all great additions.
1. Warren Buffett Speaks
Be principled
Be rational
Difference between price & value
Circle of competence
Think independently
Pricing power
Franchise value