Share this page!

Maybe Scrolly?
Mostly Borrowed Ideas Profile picture
Twitter logo
14 Dec, 12 tweets, 4 min read
1/ Thread: Deep Dives in 2022

I just closed the poll for deep dives in 2022. Some tight calls there, and some interesting data points about my subscribers.

Let me share the poll results in this thread.
2/ My email for the poll went out to ~800 annual subscribers. Open rate for the email was 71.4% and 298 participated in the poll. Pretty decent participation.
3/ Subscriber base for MBI Deep Dives is almost equally divided between individual investors and professional investors.

It's challenging to write for an audience with this level of diversity, but I relish it every month!
4/ ~80% of my subscribers came to know about MBI Deep Dives from twitter. Thank you, fintwit. 😍
5/ From large cap tech, the three that got the most votes: $ADBE, $ABNB, $CRM
6/ From SaaS, $TWLO, $NET, and $DDOG got the most votes. $TEAM was *this* close.
7/ The "fallen angel" I will do a deep dive next year is $PINS.
8/ From the compounder camp, I'll cover $CSU and $DHR.

$TDG missed by a few votes. Maybe in 2023...
9/ This one was pretty close. From the payments complex, I'll look at $ADYEY and $PYPL.
10/ Finally, from crypto, it's going to be Ethereum. A bit surprised by the difference of the votes on this one.
11/ "How likely are you to recommend MBI Deep Dives to your friends or colleagues?"

The score is decent, but my South Asian genes tempt me to consider this a barely passing grade. Thankfully, I have all the time to improve over time.
End/ I'm publishing $SPOT deep dive on Wednesday this week. Never had as much fun working on a deep dive as I did on Spotify.

Subscribe here: mbi-deepdives.com/plans/subscrib…

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Mostly Borrowed Ideas

Mostly Borrowed Ideas Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @borrowed_ideas

Mostly Borrowed Ideas Profile picture
13 Dec
1/ Thread: My presentation for Bangladeshi startups

North South University (NSU), a Bangladeshi university, invited me today to talk about financial modeling for the startups they are incubating. I started with a disclaimer that I never built any model for any startup...
2/ So my presentation was largely more qualitative than quantitative.

Here are my slides.

5 questions any business should ask.
3/ Why do you need to exist?

Relevant link: paulgraham.com/genius.html
Read 12 tweets
Mostly Borrowed Ideas Profile picture
11 Dec
1/6 Thread: Myth of the "average" investor

One of the common misperceptions I think is many believe they just need to be better than the "average" investor to beat the market in the long-term. The reality is very, very different.

Let me explain.
2/6 Imagine 10 people started actively managing their money today. They all have $100. They invest for 30 years and they all generate different return over that period.

Three got completely wiped out. Five people generated between 1% and 5% CAGR.
3/6 Of the initial 10 people, you have 8 of them who have generated anemic returns over 30-yr period.

If you make better than 5%, you will be among the top 20 percentile. You can also *feel* much better than the average investor.
Read 7 tweets
Mostly Borrowed Ideas Profile picture
10 Dec
1/ Thread: $LULU FY 3Q'22 Update

This was an interesting call to understand how strong Lulu's core brand is, and also how dismal the state of connected fitness is right now.

Here are my notes.
2/ Company Operated Stores: In 3Q'22, revenue from stores +38% YoY. Impressive that store productivity already exceeded 3Q'20 (pre-pandemic) level.

DTC/e-commerce was +21% which was incredible given +93% growth same quarter last yr

Overall topline +30% YoY; 2-yr CAGR +26%
3/ Women's segment +24%
Men's +29%
Accessories +40%

By geography: 2-yr CAGR China +70%, Europe +20%

Overall international segment is profitable, Europe is not. On track to open 40-45 international stores (50-55 overall) this year.
Read 13 tweets
Mostly Borrowed Ideas Profile picture
5 Dec
1/ I really enjoyed @GavinSBaker interview with @GnDsville. Many probably already read it, but I wanted to keep some excerpts on my timeline.

Everything below is quotes copied from the interview.
2/ I think a lot of the success I’ve had since then is due to a super lucky decision I made as a very, very young man. And that decision was to not walk away from tech. That may sound like a strange thing to say today, but in 2002, all the great investing minds of my generation..
3/ walked away from tech because they were listening to Buffett.

investing is a game of cumulative knowledge and compounding advantage. And the only reason I didn't listen to Buffett was because of my personal interest in science fiction. That was lucky.
Read 12 tweets
Mostly Borrowed Ideas Profile picture
24 Nov
1/ Thread: $ADSK FY 3Q’22 Update

Just when I thought I escaped the recent carnage relatively unscathed, ADSK happened.

-15% AH, and -25% from ATH. Here are my notes.
2/ 3Q topline beat high end of guidance. Overall growth has accelerated a bit this quarter, but based on guidance, unfortunately the acceleration is unlikely to sustain.
3/ All the recent buzzwords here

"While demand is robust, we believe supply chain disruption and resulting inflationary pressures, a global labor shortage making it harder for our customers to staff new projects and the ebb and flow of COVID are contributing to the deceleration"
Read 14 tweets
Mostly Borrowed Ideas Profile picture
22 Nov
1/ "Why are so many people selling subscriptions?"

Because the only cost is opportunity cost. Since some run newsletter as side hustle, there may not even be much opportunity cost for them.
2/ It’s extremely high FCF margin (~85-95%) business with potentially a very long runway (if you're really good) and you don’t need to be a rocket scientist to get paid.

So it’s no surprise people want to start one.
3/ "If you're any good, why not just invest and share your knowledge for free?"

Most people don’t have capital. 😊

I’m also not sure whether I’m any good.

You cannot put food on the table if you do it for free. Readers also cannot/won't get consistent output if it's free.
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

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

Become a Premium Member ($3/month or $30/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

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get emails when @borrowed_ideas has new unrolls!

Check out other threads from @borrowed_ideas!

Read all threads by @borrowed_ideas

:(