On Seeking Alpha, "Integrator" (not sure about Twitter presence) is one of my favorite authors along with
@FromValue
@andrescardenal
@EconomyApp
Bert Hochfeld
👏👏

Few of my fav articles of his.

1⃣ The 5 Elements That Make For An Outstanding

2⃣ On Lessons from Buffett.

-Seek Economic Moats in any investment
-Having an awareness of your circle of competence
-Investing for the ultra long term
-Take advantage of a bargain hiding in plain sight
-Preservation of Capital, Above all

https://t.co/RZbtIfAyjo
3⃣ 5 Common Mistakes In Evaluating High-Growth Companies

-It has already gone up so much.
-Fearing short interest
-Fearing future Competition
-Fearing stock dilution due to secondary offerings
-Fearing current losses

https://t.co/oaHPtkD2EP
4⃣ Ways Investors Cheat Themselves Out Of Long-Term Wealth Creators

-This business doesn't make any money!
-Thinking that you're too late
-Stock volatility
-High Valuation
-About Voting rights
-Aversion to 'averaging up'

https://t.co/G9egAvc9fX
5⃣ The 5 Important Rules For Surviving A Major Economic Downturn

-Strong cash reserves
-Low debt levels
-Good cash flow generation
-An absence of secular headwinds
-Transparent and easily understood businesses

https://t.co/uxLZC0A8Dh
6⃣ 5 Important Lessons From The 'Tech Selloff' (Sep 2020)

-Valuation has, and always will matter
-Declines need to be put in to longer-term context
-Focus on fundamentals, not stock price movements
-Resist the temptation to exit winners
-Focus on quality

https://t.co/tVsJPf58fg
7⃣ What I've Learned From 5 Years Of Running A Growth Portfolio

Owning Sustainably Growing Businesses Pays
Value enhances growth
1st In Any Position Is The Hardest
Dominant Emerging businesses Can Be Very Powerful

https://t.co/Y5Q20GbgA5
8⃣ Observations From A 20-Year Journey

-Making mistakes early
-Understanding where high yield traps lurk
-Developing conviction in your investing style
-Battle harden your approach
-Stay the course

https://t.co/2GbHeu8xcu
9⃣ Mistakes Not to Make In A Bear Market

-Don't sell your winners too early
-If you invest during difficult times, do so with high conviction
-Not Diworsifying
-Avoid margin lending
-Not giving up my 'long-term market outlook' advantage

https://t.co/FS2vqGEP5d
🔟The Most Important Secular Trends And How To Play Them

-On-premise enterprise infrastructure to the cloud
-Physical payments to digital payments
-Physical commerce to e-commerce
-Linear TV to online content

https://t.co/peHVt5gKW8

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The entire discussion around Facebook’s disclosures of what happened in 2016 is very frustrating. No exec stopped any investigations, but there were a lot of heated discussions about what to publish and when.


In the spring and summer of 2016, as reported by the Times, activity we traced to GRU was reported to the FBI. This was the standard model of interaction companies used for nation-state attacks against likely US targeted.

In the Spring of 2017, after a deep dive into the Fake News phenomena, the security team wanted to publish an update that covered what we had learned. At this point, we didn’t have any advertising content or the big IRA cluster, but we did know about the GRU model.

This report when through dozens of edits as different equities were represented. I did not have any meetings with Sheryl on the paper, but I can’t speak to whether she was in the loop with my higher-ups.

In the end, the difficult question of attribution was settled by us pointing to the DNI report instead of saying Russia or GRU directly. In my pre-briefs with members of Congress, I made it clear that we believed this action was GRU.