MBI Deep Dives

MBI Deep Dives

Alphabet 3Q'24 Update

Alphabet had a pretty impressive quarter! Here’s my highlights from the earnings. Subscribe Revenue Let’s start with not-so-good news. For the 9th consecutive quarters, Google Network revenue kept declining. Everything else is good news. Despite all the disruption narrative, Search keeps humming along. YouTube is doing

Why I am buying AppFolio

Read my updated thoughts here Today, I have started a ~3% position in AppFolio (APPF) at $214.2/share. Back in February this year, I published my Deep Dive on AppFolio. Since then, the stock has underperformed both S&P 500 and QQQ by more than 20%. For the

UMG: The Sound of Music

You can listen to this Deep Dive here On a podcast in 2022, Ted Gioia, who wrote 12 books on Music, aptly captured music's essence in our lives: “I've always tried to dig into why music is important, Why is it a key part of our

October, 2024 Update

Just a very quick update for this month. I am currently working on Universal Music Group (UMG), and I expect to publish my Deep Dive on UMG by October 25th. Following UMG, I hope to work on Oracle Deep Dive next month. For new subscribers, I would like to highlight

Veeva: Durable Vertical Cloud Platform

You can listen to this Deep Dive here Peter Gassner, founder and CEO of Veeva Systems, apparently had a deep aversion to following the herd from his early childhood. True to his instinct, while in first grade he let his parents know that he doesn’t want to learn how

Some more thoughts on Dollar General

After Dollar General’s (DG) disastrous earnings couple of weeks ago, I was quite concerned about their prospects in the near-term. However, a week later after digesting through Dollar Tree (DLTR) as well as DG management’s explanation in the Goldman Sachs Retailing Conference, I have updated some of

September, 2024 Update

First things first, I am currently working on Veeva Systems (Ticker: VEEV) which I expect to publish by 25th of this month. Exactly four years ago, I launched MBI Deep Dives to, frankly speaking, help pay off my student loan. Not only did it help completely pay off my loans,

Lululemon 2Q'24 Update

Disclosure: I own January 2026 $165 LULU Call Options It is far from common for a stock to be up 4% after missing the revenue guide for the quarter and slashing the full-year revenue guide. That’s exactly what happened with Lululemon today which should tell you the kind

Dollar General 2Q'24 Update

Disclosure: I own shares of Dollar General I first wrote my Deep Dive on Dollar General back in August 2023. While I wasn't initially excited about owning a piece of the company despite the stock being down 40% from peak then, I changed my mind when the stock

EssilorLuxottica: From Eyecare To Eyewear To Smart Glasses

You can listen to this Deep Dive here A recent Freakonomics podcast episode started with this riddle: “Name an item that is both a medical device and a fashion accessory. An item that may cost $50 to make, but often sells for over $1,000. An item that was invented