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Andy Yau
@andycyau
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Biotech & Real Estate Investor RE Developer & Entrepreneur 13+ Years of Experience in the Financial Markets 2024- NH Top 7 Realtors By Fastexpert
New Hampshire
Joined February 2022
@RileyE645 good stuff. thanks for sharing that Riley. explosive growth it is! Ton of cue's can be extracted from Jason's recent interview. i have yet to fully go through it yet
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@TorpedoTrading @darthcap1tal @HolySmokas $ROOT has always been very selective with policies which needs to meet certain parameters and this includes any partnered policies with $CVNA. Also, most of $ROOT ’s PIF growth came from their direct marketing. Also, they have dozens of partners- not just one.
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@AnnanLu @darthcap1tal @TorpedoTrading @HolySmokas im optimistic on both the ST & LT horizons but i am mainly focusing on the LT picture. There's a whole lot going for it, that is in the works.
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@TorpedoTrading @darthcap1tal @HolySmokas all stats, you would know, if you did your DD with $ROOT best in class, 58% gross loss ratio reported in Q3. Potential expense ratio will mimic Geico's $BRK.A $BRK.B expense ratio of <10%, despite them being light years behind $ROOT in terms of AI & tech stack infrastructure.
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@LongTermIn1025 @TorpedoTrading @darthcap1tal @HolySmokas haha. despite how hard it is to believe, this guy is actually truly short the name lol.
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@darthcap1tal @TorpedoTrading @HolySmokas That’s 2-5X more profit efficient than your legacy insurers. Think about it. For every 1 policy that $ROOT underwrites, $ALL would need 5 policies. It wouldn’t take much PIF growth to put in monster numbers.
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@TorpedoTrading @darthcap1tal @HolySmokas you would need to go back to ground zero elementary and learn how inflation works. 10 years ago there was 0 publicly traded US companies at a 1T+ mcap. today there's more than 10
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@TorpedoTrading @darthcap1tal @HolySmokas you really need to dig into $ROOT more if you are really taking the opposite side of the trade here. why not save my post from when i have been extremely bullish on the name since the single digits?
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@darthcap1tal @HolySmokas $ROOT oh absolutely. buying ROOT today is like buying $PGR back in 1980 when it traded at 5 cents, a near 5000X return. 45 years from now, there will be trillion dollar insurance companies left and right. You'd have to understand $ROOT's tech stack efficiency & outlook
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@LongTermIn1025 @KabraxFX state mandates will still require insurance, and drivers will still buy insurance despite less overall risks. overall $ROOT will triumph when autonomy comes to fruition $TSLA $LMND $CVNA $BRK.A $BRK.B $PGR $ALL $TRV $MMC $MET $AJG $AON $MFC $AIG $PFG $ELV $MKL $PRU $ZURN $CB $UNH
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@bjmtweets Also, not having chatbots, doesn’t mean they do not utilize AI. They automate everything from policy setup to claims to customer service to having a digital footprint. They truly do have a tech stack, allowing them to operate pretty efficiently, hence q3 42M EBITDA profitability
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