The Trade Desk: What It Actually Does, And Why It's Disadvantaged (TTD)

Core Insights - The Trade Desk, Inc. (NASDAQ: TTD) shares have declined over 63% from their peak, despite a recent 15% recovery following a significant selloff due to market share losses and increasing competition [1] Company Analysis - The company aims to invest in firms with strong qualitative attributes, purchasing them at attractive prices based on fundamentals, and holding them long-term [1] - The investment strategy involves managing a concentrated portfolio to avoid underperformers while maximizing exposure to high-potential winners [1] Market Context - The recent selloff was triggered by a reality check regarding the company's market share and competitive landscape, indicating challenges ahead [1]