247capital #56 | Wartime Edition VI

Hi Everyone 👋,

Welcome to the #56 issue of 247capital — your weekly 😆 source of Investment Research. If you are new, you can join my email list here or👇🏻

Please hit the heart button ❤️ if you like today’s letter and reply with any feedback.

Below you’ll find the overview of all bought shares since Issue 1 and the current state. Please keep in mind we’re here for the long run. 5-10 years horizon at least. 

$TAP - bought at $44.95 - Issue 1
Closed the week at $55.61 (up 23.71%)🔥
💰$0.68 dividends

$GEO - bought at $5.79 - Issue 7
Closed the week at $6.78 (up 17.09%)🔥

XTRA:DFV - bought at 12.96€ - Issue 8
Closed the week at 11.90€ (down 8.17%)❄️

READ - bought at 39.25SEK - Issue 12+24
Closed the week at 7.86SEK (down 79.97%)❄️

$HIMS - bought at $8.28 - Issue 12+25
Closed the week at $5.06 (down 38.88%)❄️

THG - bought at 373.50pc - Issue 32+36
Closed the week at 95.14 (down 74.52%)❄️

Current situation in one picture/tweet 😆:

Not Jerome Powell@alifarhat79

Live shot at my portfolio

3:57 PM · Apr 18, 2022

89 Reposts · 997 Likes

The global economy’s growing risks: stagflation, refugees and lockdowns.

The Ukraine invasion and new outbreaks of Covid in China are threatening the expected rebound, especially in Europe.

War, above all else, is the ultimate expression of politics. Politicians, rather than business people or bureaucrats, have made decisions that if not reversed, could have
profound implications for the world economy in the short and long term.
— Joseph Capurso, Head of international economics at the Commonwealth Bank of Australia

All intelligent investing is value investing... You must value the business in order to value the stock.
— Charlie Munger

Gurgavin@gurgavin

WORST TRADE IN HISTORY 46 YEARS AGO APPLE CO-FOUNDER RONALD WAYNE SOLD HIS 10% STAKE FOR $800 THAT $800 IS WORTH OVER $280 BILLION NOW THATS A 35000000000% MISSED RETURN

2:27 AM · Apr 13, 2022

133 Reposts · 1.03K Likes

Joe Pompliano@JoePompliano

Jack Dorsey sold his 1st-ever tweet as an NFT last year. It was bought for $2.9 million, which he converted to Bitcoin & donated to COVID-19 relief in Africa. But last week, the buyer relisted it for $48 million & the auction ended with a top bid of just $280. (h/t @CoinDesk)

7:49 PM · Apr 13, 2022

7.06K Reposts · 37K Likes

Michael A. Gayed, CFA@leadlagreport

In all seriousness this is perhaps the most disturbing investing environment anyone has ever seen. It is worse than 2008 and worse than 2020.

12:12 AM · Apr 12, 2022

311 Reposts · 3.29K Likes

Sonali Basak@sonalibasak

Your first year as a trucker for Walmart is the same as your first year as a junior banker in pay.

2:37 PM · Apr 7, 2022

714 Reposts · 5.68K Likes

Jon Erlichman@JonErlichman

Most U.S. patents granted each year: 2021: IBM 2020: IBM 2019: IBM 2018: IBM 2017: IBM 2016: IBM 2015: IBM 2014: IBM 2013: IBM 2012: IBM 2011: IBM 2010: IBM 2009: IBM 2008: IBM 2007: IBM 2006: IBM 2005: IBM 2004: IBM 2003: IBM 2002: IBM 2001: IBM 2000: IBM 1999: IBM 1998: IBM…

2:53 PM · Apr 17, 2022

866 Reposts · 9.46K Likes

Thanks for reading, and until next Monday,

Sebastian from 247capital