correct.news — reading as Capitalist

Reading as CapitalistFlip it

   brix |            (o) viola, 72p  <- BUY
     7  |             *
     6  |        (o) kent
     5  |    (o)      (o) waitrose 90p
     4  |  (o) (o)         <- value trap
     3  |         (o) sicilian £3  <- SHORT
        +________________________________
          45p    68p    72p    90p /100g
        (the efficient tomato frontier)
  __________________________________________________
        buy the fundamentals, not the label

Brix per pence: the only tomato metric. Morrisons prints alpha

Read Capitalist’s take →

EuropeDEUTSCHE WELLE · 15d ago

   € |    recovery potential: €200bn
     |    ______________________
     |   |######################|
     |   |######################|
     |   |######################|
     |   |______________________|
     |    cost: 1,500 auditors
     |    [==]  <- rounding error
     +________________________________
       seized, 180 days:  _____   __
                         |porsche| (o)  <- rolex
  __________________________________________________
        enforcement: the last value play

Germany's best trade: spend on auditors, book €200bn upside. NFA

Read Capitalist’s take →

WorldTHE GUARDIAN · 15d ago

   value |
         |    (___)   ?
         |    |___|--------  cookery
         |     [*]  ?
         |      \ ---------  nato (vacancy tbd)
         |     @@@@  ?
         |     @@@ ---------  hedge -> lawns
         |     /\
         |    /  \ --------  mountains
         +__________________________________________
           (options board: all unpriced, all open)
               long dignity. tiny float.

Ex-PM hits the market: distressed asset or deep value? We analyse

Read Capitalist’s take →

WorldTHE GUARDIAN · 15d ago

   risk |        ^ banner event
        |        |   (unhedged,
        |        |    photo upside: 1)
        |        |
        |________|_________
        +__________________________
           ____
         /  2-1 \      precedent: one
        |  match  |    match ban. final:
         \ ____ /      sunday. do the math.
  __________________________________________________
           terrible position sizing

Banner risk realised: the World Cup's political VaR just repriced

Read Capitalist’s take →

WorldTHE GUARDIAN · 15d ago

    £ |                       ______
      |                      |((  ))|  heat pumps
      |                 £___£|______|      ^
      |            £___£/                  |
      |       £___£/
      |  ____£/
      | /         \_____
      |/    boilers      \_____ (short. cold.)
      +____________________________________________
         now                              2030
            long electricians. they sweat yield.

Heat pumps about to be cheaper than boilers. You know what to do

Read Capitalist’s take →

WorldTHE GUARDIAN · 15d ago

   value |                            ^ one life
         |                            |
         |                            |
         |                            |
         |             _______________|
         |____________/
         +__________________________________________
             __o
           _ \<,_      total capital deployed:
          (_)/ (_)     one (1) bicycle
  __________________________________________________
            infinite ROI. study this play.

Kid delivers infinite ROI with zero capital. Study this play

Read Capitalist’s take →

WorldTHE GUARDIAN · 15d ago

                  ___
                 /  _\,
     ___________/__/_________________________
     ^                             __
     |         @@@              <(o )___
    _|_       @@|@@              ( ._> /
   beans       @|@                `---'
    £££       (up)             _//   \\_
                              (feed: imported,
                               margin: exposed)
  __________________________________________________
        the bean funds its own balance sheet

UK goes long chicken, short resilience. Check the feed exposure

Read Capitalist’s take →

CultureBBC · 15d ago

   £ |                                 x £41,160
     |                                /
     |                               /
     |                              /
     |                             /
     |    (46 years, flat)        /
     |____________________________/
     +______________________________________
      1980                     found    sold
         ____
        |book|  <- the vault. cost basis: 0
  __________________________________________________
        cold storage, paperback edition

46-year hold, zero cost basis, £41K exit. Charity shop alpha is real

Read Capitalist’s take →

WorldTHE GUARDIAN · 15d ago

               ________
              /________\
     _________|        |_________
     |        |        |        |
    _|________|________|________|_
    (unity: the only bridge that
     has ever carried a full load.
     division: negative yield,
     one hundred years running.)
  __________________________________________________
        thirty-year track record: blue chip

Division is the worst-performing asset in the UK portfolio

Read Capitalist’s take →

BusinessBBC · 15d ago

                    ___
                   /  _\,
     _____________/__/______________________
     ^                            _________
     |                           / £ £ £ £ \
    _______                     |  treasury |
   /  pram \                     \_________/
   \_______/
    (O) (O)     (the seesaw: parents front
                 the capital. note who waits.)
  __________________________________________________
            pay upfront. close the gap.

£1.4m deployed, blocked on receipt formatting. Classic ops bottleneck

Read Capitalist’s take →

EuropeDEUTSCHE WELLE · 15d ago

   price |
         |  x  true value
         |  |
         |  |   the fear gap:
         |  |   -95%  (no other
         |  |    asset does this)
         |  |
         |  x  paid: $5,000
         +________________________
           _______   + ¥88,000/night
          | house |    (the cleansing
          |_______|     layer prints)
        when fear is friction, sell the lubricant

Stigma discount: 95% off. Fear is the last inefficient market

Read Capitalist’s take →

WorldBBC · 15d ago

   $ |                                  /\
     |                                 /::\
     |                            |    |::|
     |                       |   _|_  /|**|\
     |                  |   _|_ |  | /_|**|_\
     |             |   _|_ |  | |  |  .:%%:.
     |        |   _|_ |  | |  | |'      **
     |   |   _|_ |  | |  | |'
     |  _|_ |  | |  | |'
     |_|  |_|  |_|'_______________________
      2018   unicorn    orbit      IPO?

Skyroot hits orbit: the $1.1bn cab meter is now running

Read Capitalist’s take →

WorldTHE GUARDIAN · 15d ago

         __________
       _|          |_
      |__|        |__|
          |      |
          (______)
          £    £    £
           \   |   /
            \  |  /
         ____v_v_v____
        (   top hat    )
         `------------'
  __________________________________________________
     the only commodity that falls free from the sky

Bonus banned? Reprice the base. The oldest comp trade in the book

Read Capitalist’s take →

BusinessBBC · 16d ago

   £/L |          ^ +92%
       |         /|
       |        / |
       |       /  |______
       |      /       war premium
       |_____/
       +____________________________________
         __________
        |  2000 L  |  <- filled at £1200,
        |__________|     ten days early.
                         inventory queen.
  __________________________________________________
          diamond hands, thermal edition

Heating oil spiked 92% and someone offered a £1,000 top-up. Study it

Read Capitalist’s take →

CultureBBC · 16d ago

   value |            ____ zero-lens nights
         |        ___/
         |    ___/
         |___/
         |        club instagram
         |\____    engagement
         |     \_____
         +______________\___________
           ______
          | [x]  |  <- the product.
          |sticker|     cost: pennies.
  __________________________________________________
        privacy is the new bottle service

Privacy is the new bottle service. Short cameras, long stickers

Read Capitalist’s take →

PoliticsCNN · 16d ago

   GBP |\
       | \        /\
       |  \  /\  /  \      /\
       |   \/  \/    \/\  /  \/\
       |              £  \/   £  \
       +--------------------------------
          _________      _________
         /  MOVING \    /  MOVING \
        |   BOXES   |  |   & CO    |
  _______\_________/____\_________/_________________
            long chaos. always have been.

GBP volatility = free money. I'm long chaos. Always have been. NFA

Read Capitalist’s take →

LifestyleTHE GUARDIAN · 16d ago

   recognition |          ___ jean
               |      ___/
               |  ___/
               | /        ____ the wife
               |/     ___/
               | ____/
               |/______ him (flat)
               +______________________
                 walks attended
        __,
       /  o\___  <- the asset. good girl.
  __________________________________________________
        distribution beats ownership

Jean holds the network; the humans hold the leash. Study the moat

Read Capitalist’s take →

EnvironmentTHE GUARDIAN · 16d ago

        _____________________________
       |  FERRET BUSINESS — H1 REPORT |
       |  units produced:  up to 14  |
       |  marketing spend:  £0       |
       |  exit venue: horse fair     |
       |_____________________________|
         (^;^)  (^;^)  (^;^)  (^;^)
        <(   )><(   )><(   )><(   )>
         (the workforce. bites.
          appreciates daily.)
  __________________________________________________
        it is LITERALLY called a business

Litters of 14, zero marketing spend, September liquidity event. Long ferrets

Read Capitalist’s take →

BusinessEURONEWS · 16d ago

   $ |                                        __
     |                                   __/ |  \
     |                              __/      |   \__
     |                         __/  <________________)
     |                    __/         /  /   \  \
     |               __/             /__/     \__\
     |          __/    £ £ £
     |     __/
     |__/          (order book, ascending)
     +______________________________________________
       2019      told my barber      backlog: moon

Airbus order book goes brrr. Told my barber to buy EADSY in '19. He didn't. He's still my barber

Read Capitalist’s take →

TechnologyDEMOCRACY NOW · 16d ago

   VA $ |                              /
        |                             /
        |                       £____/
        |                      £/
        |                 £___£/
        |                /
        |______________£/
        +____________________________________
          _________            _________
         | [=====] |   ---->  | VIRGINIA |
         |_________|          |__________|
               already called my guy

NY bans data centers = Virginia land goes parabolic. Already called my guy. You don't have a guy? Tragic

Read Capitalist’s take →

Takes are written once per lens, then saved. ♺ of opinions.