Relic Phillips
@PhillipsRelic
Followers
2,191
Following
954
Media
3,648
Statuses
12,565
Beachcomber. good neighbor. This is not investment advice. Beware of my bias.
Terre de Lion
Joined October 2020
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
Sinwar
• 933241 Tweets
#يحيي_السنوار
• 337694 Tweets
Bluesky
• 251634 Tweets
Calderón
• 216212 Tweets
Tyler
• 100392 Tweets
Rigathi Gachagua
• 86062 Tweets
#TUDUMNaLata
• 85976 Tweets
غير مدبر
• 80359 Tweets
Monsalve
• 79463 Tweets
Rafah
• 66017 Tweets
HAPPY FOURTH DAY
• 60273 Tweets
ابو ابراهيم
• 39660 Tweets
Riggy G
• 36883 Tweets
対象作品
• 22954 Tweets
Macaya
• 22010 Tweets
Karen Nyamu
• 18218 Tweets
Vural Çelik
• 15673 Tweets
Red Bull
• 14798 Tweets
CASA DA VÓ NEUZA
• 14466 Tweets
Sofía Delgado
• 12975 Tweets
Hakan Fidan
• 12653 Tweets
احمد ياسين
• 12267 Tweets
Kawhi
• 11326 Tweets
Alcaraz
• 11231 Tweets
Last Seen Profiles
@MuseZack
@ScottMendelson
Agreed. Lionsgate taking the same approach. $LGF
Joe Drake: “we are the largest supplier of wide release theatrical content to the global marketplace.” $LGF
1
5
55
1
3
335
@ScottMendelson
It was an adaptation of a beloved prequel novel that was not as big as the original trilogy novels. And the fans adore it.
1
0
276
#LiLu
Fireside Chat - Value Investing in China
Columbia Business School
The philosophy of value investing is relatively simple. The practice is hard.
In the beginning I looked for value on the balance sheet (cigar butts). In time that evolved. /1
13
51
258
Buffett has bought over $20 Billion worth of Equities over the past few weeks, despite Bill Dudley.
13
9
227
@Variety
It’s done $235M in global grosses in 5 days. It’s a near 3-hour movie. Let’s sober up, Variety.
5
6
210
“Berkshire Hathaway Files for Yen-Denominated Senior Notes Shelf Offering.” $BRK
The guy has all the moves.
8
22
177
Gabelli on $PARA today 🧵 /1
Paramount is having a learning curve going into streaming. This guy Bob Bakish who runs it is very good. They have 650M shares. The stock is $17. To make the math simple let’s call it $20. That $13B. There’s debt of $12B.
14
19
161
@Todd_Spence
Netflix is a buffet model and the content is being devalued and becoming unbranded.
0
0
126
@RealGDT
This is how I like to think Quentin Tarantino would have reviewed Cobra by George P. Cosmatos
2
2
121
“The best bargains are not stocks whose prices are down most, but rather those stocks having lowest prices in relation to possible earning power of future years.”
- John Templeton, 1957
1
14
90
#NickSleep
on promoters: Empty Vessels and a Quieter Approach. Upon reflection, it is curious that this quiet attitude extends, in its own way, to the companies in which we have entrusted your dollars: Amazon and Costco do not advertise (no shouting here); /1
3
19
89
Pabrai on $MU Micron:
Recently he (Charlie Munger) said to me, you and Li Lu collaborated on Micron?
I said, yeah.
He said, the idea came from you?
I said, yeah.
He said, it will do very well.
I said, it’s great to have God give that kind of endorsement
5
10
72
To the agitated responders. Of course views are not literally worthless. But they are very difficult to value when content is served up as “all you can eat” without any commercial metrics attached. I do not mean to undermine the creators or the content, rather the model.
9
1
72
Mario Gabelli tweeting about $PARA
He was calling for the dividend cut earlier in the year - which was wholly rational.
Shari Redstone’s annual income from Paramount has gone from $31M to $6M
She knows she will make up for that on the value of her stock as they delever
4
10
72
@Todd_Spence
Heavy lies the crown for Hollywood’s Princess.
She’s been chewed up and spit out by the Town before.
She will be ok.
7
1
67
Gabelli was 25% of the Volume on the Paramount Global A shares on May 4/5 $PARAA $PARA
4
4
67
@BillAckman
@Harvard
Also the endowment is too big. Tax code should force larger annual distribution rates. The size of these endowments has become offensive.
4
0
59
I’m not sweating Dan Loeb’s Cassandra act. If I had his portfolio into Q1, I would have made wholesale changes too.
5
2
57
@THR
James Gunn seems like a problem to me. It’s all about him. Not sure Zas got that one right.
3
0
53
@Variety
“It’s a glamorous business. I had some friends in Hollywood. And they look for pigeons - and they find 'em.”
- Warren Buffett
0
0
55
Joe Drake: “we are the largest supplier of wide release theatrical content to the global marketplace.” $LGF
1
5
55
@doderickrules
Hi Lady Mauve. It means that Logan's passing created a power vacuum in Shiv's life, and Mr Wambsgans has been able to opportunistically position himself as an important male relationship, thanks to his charm, his willingness to play bitey and as father figure to Shiv's baby.
2
1
53
Relic’s Top 10 Holdings 6/30/23
1. Berkshire $BRK - 26.7%
2. Lionsgate $LGF - 4.5%
3. Teekay $TK / $TNK - 4.4%
4. Imperial Oil $IMO - 4.1%
5. Paramount $PARA - 3.0%
6. UHaul $UHAL - 2.8%
7. Nintendo $NTDOY - 2.7%
8. Bunge $BG - 2.5%
9. Fairfax $FFH - 2.5%
10. Cenovus $CVE - 2.5%
8
2
54
Relic’s Top 10 Holdings 9/30/23
1. Berkshire $BRK - 27.0%
2. Lionsgate $LGF - 5.2%
3. Imperial Oil $IMO - 4.8%
4. Teekay $TK / $TNK - 4.7%
5. Cenovus $CVE - 3.0%
6. Bunge $BG - 2.9%
7. UHaul $UHAL - 2.8%
8. Fairfax $FFH - 2.7%
9. Nintendo $NTDOY - 2.0%
10. Scorpio $STNG - 2.0%
7
1
51
Who is Byron Trott?
Warren Buffett:
“Byron Trott of Goldman Sachs – whose praises I sang in the 2003 report – facilitated the Marmon transaction. Byron is the rare investment banker who puts himself in his client’s shoes. Charlie and I trust him completely.”
1
3
53
I don’t know who Cameron Stewart is but he does a really cogent job articulating the $PARA bull case (on an operational basis). But his timeline is a bit too long.
*echoes of Bloomstran’s Graham & Doddsville interview.
1
9
53
Berkshire’s cash balance is 1/6 of its market cap. $BRK
7
0
50
According to a statement from SAG-AFTRA, Drew Barrymore is not violating SAG-AFTRA rules as the host of the show: "'The Drew Barrymore Show' is produced under the Network Television Code which is a separate contract and is not struck. It is permissible work and Drew’s role as
121
90
349
9
4
52
#LiLu
on Value Investing: Four hallmarks are 1) Concept of fractional ownership of a business; 2) Role of Mr Market; 3) Importance of Margin of Safety; 4) Circle of Competence. /1
2
10
47
4
1
50
Jim Dolan was so candid on the $AMCX call about his industry in a state of flux. Analysts like Rich Greenfield at Lightshed and Phil Cusick at JP Morgan should pay attention. There’s a difference between knowing the path and walking the path. Some highlights here in a short 🧵/1
2
1
49
Here come the leaks. $PARA believes it can achieve a $3.5B value for BET according to Puck
5
2
48
BMO upgrades Fairfax to Outperform with a CAD $1,050 price target $FFH $FFH.TO
@TidefallCapital
@BrownMarubozu
4
11
46
Unclear why so many out there think this is a useless venture $PARA
10
4
46