Lululemon 1Q'25 Update

Disclosure: I own January 2026 $165 Call Options While the quarter looks mostly okay, Lulu’s guide is the primary culprit for the stock to be down 20%+ after-hours today. Before we get into that, let me recap the quarter first and then I will share some highlights from the

June 2025 Update

Just a few quick updates for this month: I am going to publish my Deep Dive on APi Group (APG) by 26th of this month. For this month's "Never Sell" podcast episode, David Kim from Scuttleblurb and I discussed Booking and Airbnb. I even had some

Perimeter: Private-Equity GP Economics in Public Markets

You can listen to this Deep Dive here It wouldn’t shock me if the word “SPAC” itself has a negative connotation in your mind, but of course, it doesn’t inherently imply anything nefarious. A SPAC or “Special Purpose Acquisition Company” is just a publicly traded shell corporation that

May 2025 Update

Some quick updates for this month: I am going to publish my Deep Dive on Perimeter Solutions (PRM) by 25th of this month. Given that this is a busy earnings season, I wanted to study a small cap company instead of undertaking a large cap company this month. For this

Amazon 1Q'25 Update

Disclosure: I own shares of Amazon Amazon has another pretty decent quarter. Here are my highlights from today’s call. Subscribe Revenue Overall revenue grew by 10% (FX neutral). While Amazon’s 3P business usually grows faster than 1P, both 1P and 3P retail business grew at similar rate in

Meta 1Q'25 Update

Disclosure: I own shares of Meta Platforms Our goal is to make it that any business can basically tell us what objective they're trying to achieve, like selling something or getting a new customer and how much they're willing to pay for each result and then

Synopsys: Harnessing Complexity

You can listen to this Deep Dive here Chip design has long been a paradoxical craft. On one hand, engineers must trust sophisticated software to help them craft circuits of mind-boggling complexity; on the other, they maintain a healthy skepticism, knowing a single flaw can doom a chip. The old

Alphabet 1Q'25 Update

Disclosure: I own shares of Alphabet While Google continues to fend off concerns related to long-term future of search, Alphabet’s business keeps chugging along. Here’s my highlights from today's earnings. Subscribe Revenue On an FX adjusted basis, Alphabet increased its revenue by 14% in 1Q’25

Portfolio Discussion

The last couple of trading days has been unusually active days for me. I have deployed a total ~12% of cash in the last two days; I have another ~6% left which I expect to deploy soon if the market continues its downward trend. I will share some brief thoughts

Back to Google!

There's a popular meme on Twitter that goes like this: "I'm starting to be a real believer in AI. Will be a megatrend like no one is really imagining right now. I'm sure lots of ramps and drops along the way though"