Group 1 - The article introduces Daniel Herkenhoff as a new contributing analyst for Seeking Alpha, inviting others to share their investment ideas for publication [1] - Daniel Herkenhoff has been investing and covering Brazilian and U.S. markets since 2018, focusing on a long-term buy-and-hold strategy with companies that have strong financials and operational moats [2] - He began his career as a Financial Advisor at Golden Investimentos in Brazil and later became the company's CIO, overseeing asset allocation and maintaining relationships with asset managers and banks [2] Group 2 - The article includes a disclosure stating that the analyst has a beneficial long position in the shares of NU, indicating personal investment in the company [3] - Seeking Alpha emphasizes that past performance does not guarantee future results and that no specific investment recommendations are provided [4]

The greatest public companies generate most of their returns in years 10–30, not years 1–5. ...

分组1 - Cadence Design Systems, Inc (CDNS) reported quarterly results that are considered insufficient to justify its premium valuation [1] - The focus is on identifying high-quality companies with a proven ability to reinvest capital for impressive returns [1] - The ideal scenario involves companies demonstrating long-term capital compounding with a high compound annual growth rate, potentially delivering tenfold returns or greater [1] 分组2 - A conservative investment strategy is primarily adopted, with occasional pursuit of opportunities that present a favorable risk-reward ratio [1] - The approach emphasizes maintaining a long-term perspective to generate higher returns compared to market indices in a rapidly evolving investment landscape [1]

Core Viewpoint - The investment strategy focuses on long-term investments while also utilizing short-term shorts to identify alpha opportunities through bottom-up analysis of individual companies' fundamentals [1] Group 1: Investment Strategy - The approach emphasizes medium to long-term investment duration [1] - The goal is to identify companies with strong fundamentals, sustainable competitive advantages, and growth potential [1]

David says he is still bullish on Bitcoin. So David, let me start there on the price action that we've been seeing. Crypto has had this terrible, horrible, no good, very bad 2026 ever since the events of October ten.What do you chalk up this weakness to this volatility to. Well, I think there's a lot of structural pressure on Bitcoin that's been happening after 1010. And I think your your guests on the show have have spoken at length about this.And I think, you know, it's just a change of who's holding Bitc ...

Core Insights - The article emphasizes a fundamental, valuation-driven investment approach focused on identifying businesses with potential for long-term growth and significant terminal value [1] Investment Philosophy - The investment strategy is centered around understanding core business economics, including competitive advantages, unit economics, reinvestment opportunities, and management quality [1] - The goal is to translate these factors into long-term free cash flow generation and shareholder value creation [1] Sector Focus - The analysis highlights a preference for sectors that exhibit strong secular tailwinds, indicating a focus on industries likely to experience sustained growth [1] Professional Background - The individual has 10 years of self-educated investment experience and currently manages personal funds sourced from friends and family [1] - The motivation for sharing insights on platforms like Seeking Alpha is to provide valuable investment analysis and receive feedback from other investors [1] Analytical Approach - The article advocates for analysis that is both analytical and accessible, aiming to assist readers in identifying high-quality, long-term investment opportunities [1]

Core Insights - The Vanguard S&P 500 ETF is highlighted as a low-cost investment option that allows investors to easily track the performance of the S&P 500 index, which consists of the largest U.S. companies [1][2] Investment Strategy - Long-term investors should prioritize low-cost funds to minimize fees, which can significantly impact overall returns [2][4] - The Vanguard S&P 500 ETF has an expense ratio of just 0.03%, making it one of the most efficient options available [4] Fee Impact - A difference of just one percentage point in annual returns can lead to substantial differences in investment value over time; for example, a $50,000 investment could grow to approximately $872,000 at a 10% return over 30 years, compared to about $663,000 at a 9% return, resulting in a nearly $210,000 difference [5][6] Market Performance - The Vanguard S&P 500 ETF is suitable for various investment strategies and can serve as a foundational investment, providing stability while allowing for riskier investments elsewhere [8][9] Current Data - The current price of the Vanguard S&P 500 ETF is $635.24, with a daily change of 1.95% [7]

Core Thesis - Ollie's Bargain Outlet Holdings, Inc. is positioned for long-term growth through strategic customer acquisition and loyalty initiatives, despite a focus on aggressive pricing [2][5]. Financial Performance - In Q3 FY25, Ollie's reported net sales of $614 million, a 19% year-over-year increase, with comparable store sales rising 3.3% due to mid-single-digit transaction growth [2]. - Adjusted EPS reached $0.75, exceeding expectations and reflecting a 29% year-over-year increase, while adjusted EBITDA grew 22% to $73 million [3]. - Gross margins remained stable at 41.3% despite price investments [3]. Expansion Strategy - The company opened 32 new locations in the quarter, bringing the total to 645 stores, with over 85% of new stores outperforming expectations [3]. - Management plans to open at least 75 new stores in FY26, indicating approximately 11.6% unit growth while maintaining 3% same-store sales growth, targeting around 15% top-line growth [3]. Customer Engagement - The Ollie's Army loyalty program saw a 30% year-over-year increase in new memberships, particularly among younger and higher-income customers [4]. - Digital marketing efficiency improved, leading to reduced costs and enhanced targeted reach [4]. Financial Health - The company maintains a strong balance sheet with $432 million in cash and minimal debt, providing capacity for share repurchases and strategic sourcing in the closeout market [4]. Long-term Outlook - Ollie's is scaling from a position of strength, enhancing its product mix and securing better deals, which supports a compelling long-term investment case despite potentially full near-term multiples [5].

Core Viewpoint - The investment strategy focuses on long-term investments while also utilizing short-term shorts to identify alpha opportunities through bottom-up analysis of individual companies' fundamentals [1] Group 1: Investment Approach - The investment approach emphasizes a medium to long-term duration, aiming to identify companies with strong fundamentals, sustainable competitive advantages, and growth potential [1]

Core Viewpoint - Whirlpool (NYSE: WHR) is facing challenges in 2026, with Q4 2025 results falling short of expectations and guidance being below forecasts, yet the current stock price presents a long-term investment opportunity due to potential for significant gains and a high-yield dividend [3]. Group 1: Financial Performance and Outlook - The long-term outlook for Whirlpool is supported by cost-cutting measures, margin improvements, and a projected recovery in the housing market, with analysts suggesting a potential triple-digit increase in share price [3][4]. - Analysts indicate a 20% upside from key support levels, with coverage increasing by 100% over the past seven months and a recent upgrade to Strong Buy in January 2026 [4]. - Whirlpool is currently trading at value levels, with a price-to-earnings ratio of only 10x its 2026 adjusted EPS forecast and about 5x the 2030 targets, indicating a strong potential for recovery [5]. Group 2: Institutional Activity and Market Sentiment - Institutions own over 90% of Whirlpool's stock and have been buying at a $3-to-$1 pace in 2025, continuing this trend into early 2026, suggesting confidence in the stock's long-term recovery potential [5]. - Despite recent stock price pressure following Q4 results, institutional buying activity is expected to accelerate in 2026 due to perceived value and capital return opportunities [5][6]. - Coverage from analysts is rising, and while the consensus rating remains a Hold, the stability in price targets reflects confidence in Whirlpool's long-term prospects [4][6].