On the face of it, Super Micro Computer's ( SMCI ) most recent quarterly performance is a validation of its vision for the AI future. With over $13 billion of Nvidia ( NVDAHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: Spotting high-potential w ...

Bitfarms Ltd. ( BITF ) is growing out of traditional Bitcoin ( BTC-USD ) mining and into the business of operating energy-powered AI infrastructure. Its self-sustaining business model, liquid balance of $230 million, and line of credit withHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees fro ...

公司股价表现 - 自上次覆盖以来，Alphabet公司股价已大幅上涨38%，表现远超大盘指数[1] 业务趋势焦点 - 当前关注焦点并非业绩结果，而是其业务发展趋势[1] - 谷歌云平台不断增长的管道表明企业客户正在加大对其的投入[1] 分析师背景 - 分析师Yiannis拥有在德勤和毕马威从事外部/内部审计及咨询工作的经验[1] - 分析师为特许公认会计师，并持有英国商学院的学士和硕士学位[1]

Hi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: Spotting high-potential winners before they break out, focusing on asymmetric opportunities (with at least upside potential of 2-3X outweighing the downside risk). By leveraging market inefficienci ...

公司估值与市场表现 - 自上次分析以来，Marathon股价上涨32% [1] - 公司企业价值与息税折旧摊销前利润比率约为9倍，远低于同业水平 [1] - 市场可能仅将公司视为纯粹的比特币相关公司，这或是其估值偏低的原因 [1] 投资分析方法论 - 投资策略聚焦于在市场发现赢家之前进行识别，重点寻找不对称机会，即上行潜力至少是下行风险的2-3倍 [1] - 通过利用市场无效性和逆向洞察来最大化长期复利，同时防范资本减值 [1] - 投资期限为4-5年，以度过市场波动期 [1] 投资机会评估框架 - 领导力与管理分析关注企业扩展业务的过往记录、明智的资本配置以及内部人持股 [1] - 市场颠覆性与竞争定位评估强调强大的技术护城河、先发优势、驱动指数增长的网络效应以及在高增长行业的市场渗透 [1] - 财务健康与风险管理关注可持续的收入增长与高效的现金流、强劲的资产负债表与长期生存能力，并避免过度股权稀释和财务弱点 [1] - 估值与不对称风险回报分析包括与同行的收入倍数比较、现金流折现模型、机构支持度以及市场情绪分析，旨在确保下行保护的同时拥有巨大的上行潜力 [1]

投资策略 - 投资策略专注于寻找非对称机会 即潜在上行空间远大于下行风险的情况 [1] - 投资风格偏向经典价值理念 但在风险回报比具有吸引力时也探索成长或科技领域的机会 [1] - 特别关注在当前市场环境下被忽视或失宠的企业 [1] 作者背景 - 作者为全职个人投资者 拥有超过十年的股市投资经验 [1] - 作者持有工商管理硕士学位 具备金融、战略和市场分析的扎实基础 [1] - 作者通过股票、期权或其他衍生工具对ABL公司持有有益的多头头寸 [2]

Hi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: Spotting high-potential winners before they break out, focusing on asymmetric opportunities (with at least upside potential of 2-3X outweighing the downside risk). By leveraging market inefficienci ...

Hi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: Spotting high-potential winners before they break out, focusing on asymmetric opportunities (with at least upside potential of 2-3X outweighing the downside risk). By leveraging market inefficienci ...

投资理念与方法 - 投资风格侧重于在市场发现赢家之前识别高潜力机会 专注于不对称机会 上行潜力至少是下行风险的2-3倍 [1] - 利用市场无效性和逆向洞察 旨在最大化长期复利同时防范资本减值 [1] - 风险管理至关重要 寻求足够的安全边际以保护资本 投资期限为4-5年以应对市场波动 [1] 投资机会识别框架 - 领导力与管理层分析 关注管理层过往扩展业务的记录 明智的资本配置 内部人持股以及持续的收入增长和可信的指引 [1] - 市场颠覆与竞争定位 评估强大的技术护城河和先发优势 推动指数级增长的网络效应 以及在高速增长行业的市场渗透率 [1] - 财务健康与风险管理 关注可持续的收入增长和高效的现金流 强劲的资产负债表和长期生存能力 避免过度股权稀释和财务弱点 [1] - 估值与不对称风险回报 使用收入倍数对比同行和DCF模型 分析机构支持和市场情绪 确保下行保护与巨大上行潜力 [1] 投资组合构建策略 - 核心头寸占投资组合的50%至70% 为高信心且稳定的投资 [1] - 增长赌注占投资组合的20%至40% 属于高风险高回报的机会 [1] - 投机性头寸占投资组合的5%至10% 为具有巨大潜力的颠覆性机会 [1]

Hi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: Spotting high-potential winners before they break out, focusing on asymmetric opportunities (with at least upside potential of 2-3X outweighing the downside risk). By leveraging market inefficienci ...