My investing style has evolved over the years Now with Pillars And Profits tracking my core portfolio I wanted to distill down the "pillars" that make this portfolio effective. 7 Core Pillars 👇

New deep dive is out with the strong support of my good friend and banking expert @PillarsProfits: ✅Small Bank with improved cost structure post-merger and a strong deposit franchise at a 14% ROE and 12 P/E ✅ Paid subscribers can access our proprietary Bank Analysis Spreadsheet

David's piece on California Bancorp $BCAL: https://t.co/jxsssn05Bz

Californian banks are uniquely positioned for low-cost deposits and growth in local markets Work with @DavidDiranko, we covered 2 Californian banks that are especially interesting. I covered CalPrivate $PBAM and David covered California Bancorp $BCAL

$RACE $CNH $PHG $CLVT and more are all major holdings of Exor Not to mention the company's private holdings and investment management business.

John Elkann is one of today's best capital allocators The largest shareholder of Ferrari, the new majority owner of Juventus, and now new player in the investment management space, Exor isn't like any other capital allocation company. https://t.co/NeFha3P1cR

I went to Stockholm to conduct some on-the-ground research of 'Sweden's Most Tight-Lipped Bank,' Svenska Handelsbanken. The bank has been a leader in efficiency and asset quality, but we are entering a new world of banking. How do they tackle this? https://t.co/2FnGOOnlAb

In Stockholm for some on the ground research What are your favorite Scandinavian bank stocks? And Scandinavian compounders?

Svenska Handelsbanken, "The Strongest Bank," is guided by the 7 Deadly Sins of Banking The bank has not only survived but prospered through recessions and banking crises. But what are the 7 Deadly Sins of Banking? https://t.co/4sWJesiYMN

FFB Bancorp $FFBB a hot topic since last winter. The bank has the potential to be one of the most interesting Davis Double Play opportunities for bank investors. https://t.co/goblY2DOsm

Full post: https://t.co/NLZRgAIWRd

I recently purchased something online. We've all seen the buy-now-pay-later offerings, but up to $30k is extreme. This emphasizes something I laid out in my most recent post (linked in comments).

I hope I did your ideas justice @ProfJohnTurner @wquinn05

We are experiencing elements of a case study of a financial bubble, and most don’t even realize it. Here are some thoughts in today's context based on ideas from @BoomBustBubbles https://t.co/JBkjFAqjbX

I was brought up learning the principles of value investing. Starting with Graham's mispricing and adding Buffett's quality. These opportunities consistently come from bank investing. To find them, there are a few important dynamics to understand first: https://t.co/z1o3t5eF52

For more and some commentary on the charts: https://t.co/tZBMTISRdw

3/ Interest Income / Avg Assets and Interest Expense / Avg Assets

2/ ROE Dec 2014 - Dec 2024

1/ TBV/share Dec 2010 - Dec 2024

A thread of charts on $OVLY:

For more thoughts on $OVLY https://t.co/tZBMTISjnY