Sublime
An inspiration engine for ideas
Embracing Paradox
Exploring the balance between opposing principles in investment, such as trust versus skepticism, patience versus urgency, and transparency versus confidentiality, emphasizing the importance of harmony in decision-making.
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Today in Tax Court - can you deduct a Range Rover and Baby Grand piano for your engineering business?
The taxpayer owned an engineering firm that was a single-member S-Corp. It was headquartered in Nebraska, but began to expand to other areas - specifically, New York.
To support the time... See more
Laurent-Perrier $LPE.PA
- 200-year-old family-owned premium champagne maker
- tripled EPS in the past decade
- trades at a historically low multiple (12x FY22 EPS versus 20x mean)
- improved margins despite industry-wide volume decline through offsetting price/mix improvements... See more
The endowment and pension fund agree to invest. Cynthia and Mercedes then form “CynMerc” Ventures, which will invest in early stage private companies. With this first fund—let’s call it CynMerc I, CynMerc Ventures will spend 3-5 years investing the money and 5 more years (8 to 10 years in total) to get the pension and endowment money back plus a
... See moreBradley Miles • #BreakIntoVC: How to Break Into Venture Capital And Think Like an Investor Whether You're a Student, Entrepreneur or Working Professional (Venture Capital Guidebook Book 1)
Good study on spin-offs by Houlihan Lokey
https://t.co/1G9X8GmVRd https://t.co/7aEZ3PjHhW
KLA looks like AMAT, but smaller and better.
74% 10Y cash on cash returns, including their '19 acq. of Orbotech for $1.9Bmm, vs. AMAT's 52% w/o any big acq.
Orbotech was funded 1/2 with newly issued shares but KLAC increased their buyback such that FDSO out actually went down in... See more