Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would like to hold independently of how the price moves in the future. Most QC calls will be holds, and that is by design. Only a very sm ...

The company participates in an interesting niche, with definitive barriers to entry. The industry is currently undergoing a cyclical downturn, but DIBS has notLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buy ...

Group 1 - The investment strategy focuses on long-only investment, evaluating companies from an operational and buy-and-hold perspective [1] - The approach does not prioritize market-driven dynamics or future price action, instead emphasizing long-term earnings power and competitive dynamics [1] - The majority of recommendations will be holds, indicating a cautious approach to market conditions and a focus on fundamental analysis [1] Group 2 - The company expresses a beneficial long position in the shares of TOUR, indicating confidence in its performance [2] - The article reflects the author's personal opinions and is not influenced by compensation from any company mentioned [2] - There is no business relationship with any company whose stock is discussed, ensuring an unbiased perspective [2]

Group 1 - The investment strategy focuses on long-only investment, evaluating companies from an operational and buy-and-hold perspective [1] - The approach does not prioritize market-driven dynamics or future price action, instead emphasizing the long-term earnings potential of companies [1] - The majority of recommendations will be holds, indicating a cautious approach to market conditions and a belief that only a small fraction of companies are suitable for buying at any given time [1] Group 2 - The articles aim to provide valuable information for future investors while maintaining a healthy skepticism towards a generally bullish market [1] - There is a clear distinction made between the author's opinions and professional investment advice, emphasizing the need for readers to conduct their own due diligence [2][3]

Group 1 - The investment strategy focuses on long-only investment, evaluating companies from an operational and buy-and-hold perspective [1] - The approach does not prioritize market-driven dynamics or future price action, instead emphasizing the long-term earnings potential of companies [1] - The majority of recommendations will be holds, indicating a cautious approach to market conditions and a belief that only a small fraction of companies are suitable for buying at any given time [1] Group 2 - The articles aim to provide valuable information for future investors while maintaining a healthy skepticism towards a generally bullish market [1] - The author expresses no current stock or derivative positions in the companies mentioned, ensuring an unbiased perspective [2] - The content reflects the author's personal opinions and is not influenced by any business relationships with the companies discussed [2]

Group 1 - The Value Lab focuses on long-only value investment strategies, aiming to identify mispriced international equities with a target portfolio yield of approximately 4% [1][2] - The Value Lab has successfully navigated international markets over the past five years, indicating a strong performance in value investing [1] - The Valkyrie Trading Society consists of analysts who share high-conviction investment ideas that are expected to yield non-correlated and outsized returns in the current economic environment [3] Group 2 - The Value Lab provides members with a comprehensive service that includes real-time portfolio updates, 24/7 chat support, regular market news reports, and feedback on stock ideas [2] - The focus of the investment strategies is on downside-limited opportunities within developed markets [3]

Group 1 - The company is experiencing limited overall growth, with indications that the U.S. business is performing significantly better [1] - The investment approach focuses on operational aspects and long-term earnings potential rather than market-driven dynamics [1] - The majority of investment calls are expected to be holds, reflecting a cautious stance in a bullish market [1] Group 2 - There is no current stock or derivative position held by the analyst in the companies mentioned, nor any plans to initiate such positions in the near term [2] - The article expresses the author's personal opinions and is not influenced by compensation from any company mentioned [2] Group 3 - Seeking Alpha emphasizes that past performance does not guarantee future results and that no specific investment recommendations are provided [3] - The views expressed may not represent those of Seeking Alpha as a whole, highlighting the diversity of opinions among analysts [3]

Financial Situation - The company's financial situation has not improved, with adjusted EBITDA losses reported for 2Q25 [1] Investment Perspective - The investment approach focuses on operational aspects and long-term earnings power rather than market-driven dynamics [1] - The strategy emphasizes holding companies independently of future price movements, with most recommendations being holds [1] Market Sentiment - The articles aim to provide important information for future investors and introduce skepticism in a relatively bullish market [1]

Group 1 - The investment strategy focuses on long-only investment, evaluating companies from an operational and buy-and-hold perspective [1] - The approach does not prioritize market-driven dynamics or future price action, instead emphasizing long-term earnings power and competitive dynamics [1] - The majority of recommendations will be holds, indicating a cautious approach to market conditions and a limited number of buy opportunities [1] Group 2 - The articles aim to provide valuable information for future investors while maintaining a skeptical view in a generally bullish market [1] - There is a clear distinction made between the author's opinions and professional investment advice, emphasizing the need for readers to conduct their own due diligence [2][3]

Group 1 - The results indicate no significant change in the trend for the year, which had already been addressed after the 1Q25 results [1] - Quipus Capital adopts a long-only investment strategy, focusing on operational aspects and long-term earnings potential rather than market-driven dynamics [1] - The majority of Quipus Capital's recommendations will be holds, reflecting a cautious approach in a bullish market [1] Group 2 - The article emphasizes the importance of understanding competitive dynamics within industries for making informed investment decisions [1] - A very small fraction of companies are deemed suitable for a buy recommendation at any given time, highlighting a selective investment strategy [1]