Start Here
Welcome to MBI Deep Dives.
Latest Posts
Amazon 4Q'22 Earnings Update
Subscribe
Disclosure: I own shares, and Jan 2025 call options of Amazon
..it's important to remember that over the last few years, we took a fulfillment center footprint that we've built over 25 years and doubled it in just a couple of years. And then we, at the same time,
Alphabet 4Q'22 Earnings Update
Subscribe
Disclosure: I own shares, and Jan 2025 call options of Alphabet
More than 6 years ago, I first spoke about Google being an AI-first company
-Sundar Pichai (4Q'22 Earnings Call)
Given the hype of AI and speculation of AI being potentially Achilles heel of Google Search and its profitability,
Meta 4Q'22 Earnings Update
Subscribe
Disclosure: I own shares, and Jan 2025 call options of Meta
What a difference three months makes! Meta stock almost doubled from late October to today!
2023 is suddenly the "Year of Efficiency"! Zuck's tone was markedly different tonight.
Here's my highlights from tonight's earnings call.
Users
Facebook DAU
Spotify 4Q'22 Earnings Update
Subscribe
Disclosure: I own shares of Spotify
we're in a better position competitively than we've been in many, many years. For throughout the existence of Spotify, we have always heard of competitors, and it was always the sort of big scary wolf, whether it was Apple or Amazon in the
Management Compensation and Incentives at Big Tech
Subscribe
Note: I appeared on Liberty's Highlights podcast to discuss this topic. It may be better to listen to the podcast since it is done after writing this post below, so I could add more context to it, especially after further discussion and feedback from readers.
I was recently reviewing
Speedwell and MBI discuss Meta Platforms
Subscribe
Last week, Speedwell Research, an independent investment research service, published their Deep Dive on Meta Platforms. They were kind enough to send me a copy of their work. After reading their work, we exchanged a few emails/tweets discussing their report. I enjoyed this interaction enough to think I
Hilton: Scaling Hotels in Asset-light Way By Monetizing Brand
There is a popular meme that goes around on Twitter which likely originated from a Tom Goodwin piece at TechCrunch in 2015:
“Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no
2022 Annual Letter
Subscribe
What a humbling year! I genuinely believe any investor *should* want to experience a year such as 2022 as early as possible in their careers. I will share some of my introspection later, but let’s start with some business updates.
I’ll start with the good news. MBI
Sherwin-Williams: Painting the Wonder of Compounding Decade After Decade
You can listen to this Deep Dive here
Subscribe
When much of the Silicon Valley or broader tech world is currently under the spell of the magic of of Generative AI or ChatGPT, it may be somewhat monotonous to study a company that was founded in 1866 in Cleveland, Ohio.
Adobe 4Q'22 Update
Disclaimer: I own shares of Adobe
Subscribe
"It is the golden age of design. Everybody would like to express themselves." Shantanu Narayen, CEO of Adobe
While the days of 20%+ topline growth is clearly behind us, Adobe remains the juggernaut in creativity software industry.
Digital Media, Digital Experience, and overall