Mostly Borrowed Ideas Deep Dives, MBI Deep Dives

MBI Deep Dives

Mostly Borrowed Ideas Deep Dives

MBI is the abbreviation for “Mostly Borrowed Ideas”. Why “Mostly Borrowed Ideas?” As a generalist, I do not have a background in any particular sector. I enjoy navigating across industries, businesses, and countries to learn, understand, and connect the dots. In any case, most ideas and innovations are incremental in nature. Very few of us are smart enough to come up with truly original or groundbreaking ideas. I am Abdullah Al-Rezwan. I was born and brought up in Bangladesh. I went to University of Dhaka for my undergrad and majored in Finance. After working three and half years in Equity Research (Sell-side) covering Financial Sector in Bangladesh, I left Bangladesh to pursue my MBA in the US. I graduated within top 10% of the class from Cornell University's two-year MBA program and worked on the buy-side following my graduation. During my time at Cornell, I won two stock pitch competitions and also became finalists in four other competitions. I thoroughly enjoyed my stint as a generalist in the US large cap team at Madison Investments and covered a wide range of companies from UnitedHealth to Amazon and Boeing before US immigration reality paused my career in investment management. As my work authorization expired, I moved to Canada in January, 2021. Then in early 2022, I was able to return to the US.

Equity Bottom-Up

<ul><li>During the weekend, I asked my twitter followers: What do you think Facebook's DAU to MAU ratio was in 2009?</li><li>The number that got the highest votes was ~80% even though I mentioned the most recent number was ~68%.</li><li>I asked this question a couple of friends in real life too and they too picked the ~80% number.</li></ul>

During the weekend, I asked my twitter followers: What do you think Facebook's DAU to MAU ratio was in 2009?The number that got the highest votes was ~80% even though I mentioned the most recent number was ~68%.I asked this question a couple of friends in real life too and they too picked the ~80% number.

Founder & CEO Bond Angle, LLC, Bond Angle, LLC

Vicki Bryan

Founder & CEO Bond Angle, LLC

Bond Angle, LLC

Insightful commentary and analysis on bond markets and market movers, including financial, economic, and industry catalysts and management shenanigans. 

High yield market investment research

Credit

<ul>
<li>Elon Musk closed his Twitter deal Thursday as confirmed today via a filing with the SEC to delist its stock. </li>
<li>We don't know if Elon sold more Tesla to cover his cash shortfall. If not, where did he get it? </li>
<li>He also sent Tesla's engineers to assess how to fix Twitter. Like, sharing resources. Establishing synergies. Maybe creating an excuse to direct Tesla to "invest" into Twitter, as I suspected.</li>
</ul>


Elon Musk closed his Twitter deal Thursday as confirmed today via a filing with the SEC to delist its stock. 
We don't know if Elon sold more Tesla to cover his cash shortfall. If not, where did he get it? 
He also sent Tesla's engineers to assess how to fix Twitter. Like, sharing resources. Establishing synergies. Maybe creating an excuse to direct Tesla to "invest" into Twitter, as I suspected.


Elon Has "Freed" Twitter: Send The Ravens

TMT & Consumer Independent Equity Research Analyst, Obex Capital Research

Aaron Gabin

TMT & Consumer Independent Equity Research Analyst

TMT & Consumer Independent Equity Research

Obex Capital Research

“Obex” is Latin for Barriers to Entry. Obex Capital Management’s investment philosophy is driven by an intense focus on which business model’s Barriers to Entry are able to withstand the ever increasing competitive disruption in the TMT and Consumer Sectors.

<ul>
<li>How long until SNAP gets back to Zuck's original $3B buyout offer?!</li>
<li>Key negative point: US engagement dropped 5% despite user growth +4%...we think its BeReal as much as TikTok.</li>
<li>Uninvestable or Long Time Horizon? Least visibility of any major public company we've ever followed. Don't know the answer!</li>
</ul>


How long until SNAP gets back to Zuck's original $3B buyout offer?!
Key negative point: US engagement dropped 5% despite user growth +4%...we think its BeReal as much as TikTok.
Uninvestable or Long Time Horizon? Least visibility of any major public company we've ever followed. Don't know the answer!


Global Automotive Stocks/EV Focus/Event Driven, SC Capital

SC Capital

Global Automotive Stocks/EV Focus/Event Driven

Over 22 years covering Japanese equities on both the sell side and the buy side. 

Bottom-up Japan Equities Research

<ul>
<li>Tesla's Q3 revenues missed by 2%, while GAAP EPS was in-line with consensus and adjusted EPS only beat by 5.4%. Tesla hasn't seen numbers this weak since Q4 2020.</li>
<li>The closely watched Autmotive gross margin (ex-ZEV credits) were much worse than expected at 26.8% versus consensus estimates of 27.5%. </li>
<li>On the earnings call, Musk said he would be buying Twitter. This will only add to the selling pressure from Tesla's weak Q3 results throughout next week. </li>
</ul>


Tesla's Q3 revenues missed by 2%, while GAAP EPS was in-line with consensus and adjusted EPS only beat by 5.4%. Tesla hasn't seen numbers this weak since Q4 2020.
The closely watched Autmotive gross margin (ex-ZEV credits) were much worse than expected at 26.8% versus consensus estimates of 27.5%. 
On the earnings call, Musk said he would be buying Twitter. This will only add to the selling pressure from Tesla's weak Q3 results throughout next week. 


Tesla's Q3 Results Disappoint for the First Time Since Q4 2020

<ul>
<li>Tesla will announce Q3 2022 earnings results after the US market close on October 19th. </li>
<li>Given that CEO Elon Musk needs to sell more of his Tesla shares to fund his Twitter buyout by month end, the Street widely expects a huge earnings beat. </li>
<li>Q3 fundamentals were weak for Tesla and orders in Q4 point to another delivery miss versus consensus. We recommend selling into any spike on a positive Q3 print. </li>
</ul>


Tesla will announce Q3 2022 earnings results after the US market close on October 19th. 
Given that CEO Elon Musk needs to sell more of his Tesla shares to fund his Twitter buyout by month end, the Street widely expects a huge earnings beat. 
Q3 fundamentals were weak for Tesla and orders in Q4 point to another delivery miss versus consensus. We recommend selling into any spike on a positive Q3 print. 


Tesla Q3 Earnings Preview--Beat Widely Expected Due to Musk's Twitter Deal

United States

Twitter, Inc. provides online social networking and microblogging service. The Company offers users the ability to follow other users activity, read, and post tweets. Twitter serves customers worldwide.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Twitter Inc (TWTR US)

Meta's Moat

During the weekend, I asked my twitter followers: What do you think Facebook's DAU to MAU ratio was in 2009? The number that got the highest votes...

MBI Deep Dives

Elon Has "Freed" Twitter: Send The Ravens

Elon Musk closed his Twitter deal yesterday as confirmed today via SEC filing to delist its stock. Still no filing that Elon sold Tesla to cover...

Vicki Bryan

Snap 3Q22: Tik Tik Tik (Tok) …BOOM

3rd 30% drop in a year? Any glimmer of hope? Still growing user base...but US engagement dropped 5% despite user growth +4%...we think its BeReal...

Aaron Gabin

Tesla's Q3 Results Disappoint for the First Time Since Q4 2020

What was expected to be a Q3 beat at Tesla turned into a Q3 disappointment. Many accounting tricks appear to have padded cash flows and Tesla...

SC Capital

Tesla Q3 Earnings Preview--Beat Widely Expected Due to Musk's Twitter Deal

Tesla could announce a huge Q3 beat and possibly a share buyback, as Musk needs to sell more Tesla shares in order to fund his Twitter buyout by...

SC Capital

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)