Category: Research
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Super Stock Case Study: Cintas Corp (CTAS)
Cintas Corp (CTAS) provides corporate identity uniforms and related business services primarily in North America, Latin America, Europe, and Asia. It operates through Uniform Rental and Facility Services and First Aid and Safety Services segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other…
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US Housing Market is EXTREMELY Tight [DIRTY DOZEN]
They think that intelligence is about noticing things that are relevant (detecting patterns); in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns).. ~ Nassim Taleb via The Bed of Procrustes Good morning!In this week’s Dirty Dozen [CHART PACK] we look at the incredible strength of the US housing market…
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Accrued Revenue: The Ultimate Cash-Sucker
Hope you had a great week! Last week we discussed deferred revenue and why we should understand it. This week we’re examining its evil cousin: accrued revenue. There’s a lot in common. But here’s the key difference: Deferred Revenue = job not complete but cash received Accrued Revenue = job complete but cash not received…
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Small-cap Value Set To Outperform [DIRTY DOZEN]
There’s no asset class too much money won’t spoil. ~Barton Biggs via A Hedge Fund Tale of Reach and Grasp Good morning!In this week’s Dirty Dozen [CHART PACK] we look at the latest Global Fund Manager Survey, talk some more about ALL the cash that large funds are sitting on and why that’s bullish for…
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GoodRX (GDRX) S-1 Breakdown Analysis
GoodRX (GDRX) filed their S-1 earlier this week. I read It so you don’t have to (but you should). Here’s a thread on what I found interesting, fascinating and down-right incredible from the company. I’m starting at zero. Follow along here. GDRX Facts & Figures #1 most downloaded medical app 4.9M Monthly Active Users 80%+…
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Deferred Revenue: Don’t Miss The Next SaaS Winner
Hope you’ve had a great week! We paused our accounting series to highlight our Collective membership service. Doors closed last Sunday. If you didn’t get in but remain interested, shoot me an email.I know, you missed your weekly dose of accounting knowledge.But we’re back baby! This week we’re covering Deferred Revenue. It’s an important topic…
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Why Inflation ISN’T Coming [DIRTY DOZEN]
Thinking in bets starts with recognizing that there are exactly two things that determine how our lives turn out: the quality of our decisions and luck. Learning to recognize the difference between the two is what thinking in bets is all about. ~ Annie Duke via Thinking in Bets Good morning!In this week’s Dirty Dozen…
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This Stock Market Trend is Fragile
***The following is an excerpt from a weekly note sent out to members of our Collective on 9/3***Let’s start this note off with a story and a lesson from one of my all-time favorite trading related books, John Percival’s The Way of the Dollar. John writes (emphasis by me): “There is another description of the…
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Is This The Greatest Stock Market Rally of All-time? [DIRTY DOZEN]
The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance. ~ Ed Seykota ***Housekeeping note: We’re opening the doors to the Collective, our trading and investing service that delivers research, education, and community. If you’ve been enjoying…
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Other Income Analysis: Spot Danger Before You Invest
Last we discussed R&D costs and whether we should expense or capitalize such investments. You can check that out here.This week we’re shifting gears and focusing on a reader’s request: Other Income (OI, for this article)I love this topic and can’t wait to dive in.Let’s go! What Is “Other Income”? Remove line items on an…