October 2026 Random Ramblings
October 2026 market commentary covers SOLS’s cancelled merger, a hypothetical Starbucks-Chipotle deal, Russell 2000 weakness and AI premiums for Oura and home builders.
Wednesday, October 14, 2026
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From X
Ian Bezek on X
@POVMexico Tulum Airport was only built in 2024 as an AMLO pet project, minimal market demand. The hippies can go back to flying through Cancun Airport as they should. $asr
Deep Sail Capital on X
$QBTS is still worth $5.2B or 325x revenues. They have $1.5/share of cash. 80% downside still.
Ian Bezek on X
@jeffborack If I'm wrong, my $U stock will go to zero so I'll suffer that way.
Barbarian Capital on X
United Airlines is making it harder to reach its top frequent flyer status in 2027 $UAL https://t.co/l8mOORDQMu
Barbarian Capital on X
BP to set out new strategy after windfall year $BP https://t.co/rcdaTDuGAB
Barbarian Capital on X
J&J Is Leaning Toward Spinning Out Its Hips-And-Knees Business $JNJ https://t.co/hWRgg4CbBg
Barbarian Capital on X
Albertsons Pulls Full-Year Guidance, Plans Business Review $ACI https://t.co/FkxxQbgEQt
Barbarian Capital on X
Kimberly-Clark, Kenvue Win Conditional EU Approval for $40 Billion Tie-Up $KMB $KVUE https://t.co/oN9tXYAkTE
Investor Letters
All letters- Southeastern Asset Management 3Q26 ACI $6.3BFBIN $4.7B
- Fiduciary Management Q3 2026 CDW $18BJKHY $11B
- Asset Value Investors Ltd September 2026 CHDRF $84BLVMUY $212B
- Latitude Investment Management Q3 2026 ADBE $93BNKE $52B
- Fenimore Asset Management Q3 2026 BN $82BMBGL $5.3B
- FPA Crescent Fund 3Q26 028260 $35BADI $201B
- Mar Vista Investment Partners third quarter 2026 GEV $251BMSFT $4T
- Kingdom Capital Advisors Q3 2026 UNFI $2.7B
My 2028 numbers
ASML’s €11.7 billion quarter benefited from €3.3 billion in installed-base sales and operating leverage, while the MATCH Act threatens…
Visa: Unpacking The 7 Powers And Forward Valuation Ahead Of Q4 Earnings
Visa’s network economics support long-term compounding, but a 1.7–1.8 forward PEG and risks to high-margin payment revenues limit near-term…
C Jessen 35 clicks
Deep Dive: Applied Materials ($AMAT)
Applied Materials leads wafer-fab deposition and ranks third in etch, positioning it for tougher 3D chip manufacturing as investors weigh a…
First Tracks Biotherapeutics: Teva Validated The Pathway, ANB033 May Own The Receptor
First Tracks Biotherapeutics’ ANB033 posted stronger Phase 1b celiac efficacy than Teva’s IL-15 inhibitor, with $168 million funding…
Equity Eagle 5 clicks
Research Roundup Vol. LVI
Howmet Aerospace is framed as a beneficiary of turbine and aircraft-engine demand, while J.B.
Lennar: The Misstep Is Temporary, the Operating Machine Is Not
Lennar cut build times to 116 days and adopted an asset-light land model, while gross margin fell to 15.8% from 27.5% as land costs rose.
Lennar, Part One: The Story
Lennar grew from a Miami builder into one of America’s two largest homebuilders, controlling land largely through options and land banks…
Lennar, Part Two: The Deep Dive
Lennar’s second audio program examines the homebuilder’s business for professional investors and housing analysts.
ASML Q3 FY12/26 Earnings Review
ASML reported Q3 sales of €11.7 billion, up 55% year over year, and guided Q4 sales to €14.2 billion to €15.2 billion amid capacity…
Eaton: Strong Backlog And Margin Recovery Support The Buy Case
Eaton’s backlog, data-center, grid and aerospace demand, plus a 450–500 bp H2 2026 Electrical Americas margin recovery, support the growth…
Value Capital Research 5 clicks
Insider activity September 2026
Asian insider buying rose 19% to US$2.4 billion across 930 September transactions, led by Grab CEO Anthony Tan’s US$30 million purchase…
WDC · long Western Digital CORP
Western Digital, a hard-disk manufacturer, is pitched as a long after significant share-price moves deter investors.
Scarcity is the boogey man for ASML, Applied Materials
ASML’s strong quarterly results failed to prevent a selloff, as AI investors focused on scarcity fears facing chip-equipment makers…
Apple HomeView, The New Apple TV, The App Story
Apple HomeView raises questions about demand for expensive Apple devices built around subpar AI.
Expert Call | Corning
Corning’s NVIDIA-backed 10x fiber expansion, enterprise connector demand and carrier capacity plans frame its optical communications…
Apple and LG, The House For Everyone Else, Agent Standards and Amazon
Apple is leaning on partner integration for the smart home, while Amazon faces strategic choices around AI agents.
Nvidia’s Investor Meeting
Nvidia’s investor meeting features CFO Colette Kress and IR and Strategic Finance VP Toshiya Hari.
OCP Day One: AMD CEO Sees Strong Demand for AI Inference and CPUs
AMD CEO Lisa Su says demand for AI inference and CPUs continues to rise as computing capacity becomes more valuable.
Rollins (ROL), Verisure (VSURE), and the cost of standing still (Part 2, Verisure)
Verisure’s 6.38 million monitored-alarm subscribers generate 90% recurring revenue, while its disclosed acquisition costs and 6%-8% churn…
CarGurus ($CARG): The Auto Trader of America, Priced Like a Used Car
CarGurus, the largest U.S. auto-shopping marketplace, trades near $29 despite roughly $1 billion in expected revenue, $300 million in free…
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- 310 Value’s Newsletter
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- Research - Alta Fox Capital
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- Stratechery by Ben Thompson – On the business, strategy, and impact of technology.
- The Technology Letter
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Seeking Alpha 49 of 227
Albert Anthony
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Henrik Alex
High Alpha Professor
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Khaveen Investments
LL Insights
Long Player
Marc Gerstein
Melissa Tucker
Mike Zaccardi, CFA, CMT
Miletus Research
Myriam Alvarez
Petri Dish Reports
Philip Wang
Prakhar Agarwal, CFA
PV Research
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SiliconBytes Insights
Simple Investment Ideas
Sorrento Research
Stephen Ayers
Steven Fiorillo
The Alpha Analyst
The Asian Investor
The Bullionaire
The Curious Analyst
The J Thesis
The Supercycle Investor
The Undercovered Dozen- Value Capital Research
Vishal Jadaun
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BDC
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Broken Moats
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Clark Square Capital
Cluseau Investments
Colin King
Connor Haley
Conor Maguire | Value Situations
Convequity
Dalius - Special Sits
David Orr
Deep Sail Capital
Derek Pilecki
Devin LaSarre
DOMO Capital Management, LLC
Edwin Dorsey
Evan Tindell
Fajasy
Farmer
Fierce_beast
Fred Liu
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George Noble
Hunterbrook
Ian Bezek
Idea Brunch
JabroniCoin.USD
John_Hempton
junkbondinvestor
kab60
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Kuppy
Laughing Water Capital
Lee Roach
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Maius
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marginofdanger
mavix
Mike
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Negligible Capital
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SG
Sheel Mohnot
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The Friendly Bear
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ToffCap
Trevor Scott
Undiscovered Compounders
Voss Capital
Yaron Naymark
Investor letters we follow
- 1 Main Capital
- 1851 Capital
- Advisory Research
- Aegis Value Fund
- Aikya Investment Management
- Akre Capital Management, LLC
- Alluvial Capital Management
- Alpine Capital Research
- Alpinum Investment Management AG
- Andrew Hill Investment Advisors
- Andvari Associates
- Angel Oak Capital Advisors
- Ariel Investments
- Aristotle Funds
- Artisan Partners
- Askeladden Capital
- Asset Value Investors Ltd
- Auxier Asset Management
- Azvalor Asset Management
- Baird Equity Asset Management
- Baron Funds
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- Biglari Holdings
- Bireme Capital
- BlackRock
- Blue Tower Asset Management
- Brasada Capital
- Bretton Fund
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- Broadleaf Partners
- Broyhill Asset Management
- ByteTree
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- Cantor Fitzgerald Asset Management
- Cedar Creek Partners
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- Chilton Capital Management
- Choice Equities
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- Conestoga Capital Advisors
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- CrossingBridge Advisors
- Crossroads Capital, LLC
- Curreen Capital
- Davenport Asset Management
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- Davis Advisors Large Cap Value
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- Dodge & Cox Stock Fund
- DoubleLine
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- FPA Crescent Fund
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- Fairtree Asset Management
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- Forager Funds Management
- Frank Capital Partners
- Fred Alger Management, LLC
- Gabelli Funds
- Giverny Capital
- GoodHaven Capital Management
- Grandeur Peak Global Advisors
- GreenWood Investors
- Greenhaven Road Capital
- GreensKeeper Asset Management
- Greenwood Gearhart
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- Guinness Global Investors
- Halvio Capital
- Harding Loevner
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- Hayden Capital
- Heartland Advisors
- Highwood Value Partners
- Hinde Group
- Hoisington Investment Management
- Hood River Capital Management
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- Infuse Asset Management
- Intrepid Capital
- Invenomic Capital Management
- JM Finn
- Janus Henderson Investors
- Jemekk Capital Management
- Kathmandu Capital
- Kaydan Wealth Management
- Kennedy Capital Management
- Kernow Asset Management
- Kingdom Capital Advisors
- LVS Advisory
- Langdon Equity Partners
- Lansing Street Advisors
- Latitude Investment Management
- Laughing Water Capital
- Leonard Rickey Investment Advisors
- Lindsell Train Limited
- Long Cast Advisers
- Lyrical Asset Management
- Mar Vista Investment Partners
- Maran Capital Management
- Markel Group
- Marram Investment Management
- Massif Capital
- Matrix Asset Advisors
- Matthews Asia
- McIntyre Partnerships
- Merion Road Capital
- Miller Value Partners
- Moon Capital Management
- Muhlenkamp & Company
- Myrmikan Capital, LLC
- Nelnet
- Next Century Growth Investors
- Night Watch Investment Management
- Nightview Capital
- Nixon Capital
- North Sky Capital
- O'Keefe Stevens Advisory
- Oakmark Funds
- Oldfield Partners
- Ophir Asset Management
- Optimist Fund
- Orange Investment Advisors
- Palm Harbour Capital
- Palm Valley Capital
- Patient Capital Management
- Peapack Private
- Pendelhaven Asset Management B.V.
- PenderFund Capital Management Ltd.
- Pershing Square Holdings
- Pittenger & Anderson
- Polaris Capital Management
- Polen Capital 5Perspectives Growth Opportunities
- Polen Capital U.S. Opportunistic High Yield
- Praetorian Capital
- Protean Funds
- QuantStreet Capital
- Quercus Fund
- RF Capital Management
- RGA Investment Advisors
- Regency Wealth Management
- Rewey Asset Management
- Right Tail Capital
- RiverPark Funds
- Riverwater Partners
- Robinson Capital Management
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- Royce Investment Partners
- Saga Partners
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- Sequoia Fund
- Shelton Capital Management
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- Stone Sentinel Capital
- Stonehearth Capital Management
- Summers Value Partners
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- TIFF Investment Management
- The London Company
- Third Avenue Management
- Troy Asset Management
- Tweedy, Browne
- Upslope Capital Management
- Vision Capital Fund
- Vltava Fund
- Vulcan Value Partners
- Warden Capital
- Wealthspire Advisors
- Wedgewood Partners
- Weitz Investment Management
- White Brook Capital
- White Falcon Capital Management
Sectors
Ordered by how often our editor reaches for them.
