Two Earnings Updates and Portfolio Commentary

I thought I'd update members on a couple stocks that could use an update. First, the good news: I'm not one for putting much weight on any particular quarter, but Tencent is doing incredibly well, and there latest numbers were pretty amazing. When you zoom out, and...

CMG Update

CMG reported their most recent quarterly earnings a few weeks ago.  I wanted to update my last post on CMG with some additional thoughts regarding their numbers. CMG's operating history shows one of two things.  Either CMG has created a superior model in what has...

Redfin: Technology Company or Something Else

Redfin describes itself as a "technology-powered residential real estate brokerage." From filings and transcripts: This ability to deliver better service at a lower fee is the fundamental source of our long-term competitive advantage and that advantage comes from...