Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.

This is the legacy version of twitter.com. We will be shutting it down on June 1, 2020. Please switch to a supported browser, or disable the extension which masks your browser. You can see a list of supported browsers in our Help Center.

  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?

    New to Twitter?
    Sign up
Tinyvalue's profile
Gwen Hofmeyr
Gwen Hofmeyr
Gwen Hofmeyr
@Tinyvalue

Tweets

Gwen Hofmeyr

@Tinyvalue

Securities at Tiny, MOI Global member.

tinycapital.com
Joined May 2018

Tweets

  • © 2020 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Imprint
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list


    Under 100 characters, optional

    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    1. alphagen‏ @alphagen68 26 Aug 2018
      • Report Tweet
      • Report NetzDG Violation
      Replying to @Tinyvalue

      I see. I think I understand. So you would never have owned the likes of CHTR either - correct?

      2 replies 0 retweets 0 likes
    2. alphagen‏ @alphagen68 26 Aug 2018
      • Report Tweet
      • Report NetzDG Violation
      Replying to @alphagen68

      Just to be clear not referring to SBC, just highlighting another example of value creation without short-term earnings.

      1 reply 0 retweets 0 likes
    3. Gwen Hofmeyr‏ @Tinyvalue 26 Aug 2018
      • Report Tweet
      • Report NetzDG Violation
      Replying to @alphagen68

      I use DCF to forecast. Growth faster than 25% is a no, unless it's painfully undervalued by conservative measures. I could care less about a few years of earnings; there's no rational way I could forecast $1m for normalized $6,600 absent sum-of-the-parts/net-net

      1 reply 0 retweets 0 likes
    4. alphagen‏ @alphagen68 27 Aug 2018
      • Report Tweet
      • Report NetzDG Violation
      Replying to @Tinyvalue

      DCF is definitely the best approach - but don’t just don’t extrapolate from recent years. Understand the business and build the model. You might be surprised how much FCF power a low earnings company can have in a few years. Good luck

      2 replies 0 retweets 0 likes
    5. Gwen Hofmeyr‏ @Tinyvalue 27 Aug 2018
      • Report Tweet
      • Report NetzDG Violation
      Replying to @alphagen68

      Would you mind explaining how one would reliably extrapolate into the future absent recent history, beyond event-driven special situations? RIP low-risk high uncertainty; MoS today, knowing tomorrow won't work out perfectly; acquisitions & expansions generally unreliable.

      4 replies 0 retweets 0 likes
    6. alphagen‏ @alphagen68 27 Aug 2018
      • Report Tweet
      • Report NetzDG Violation
      Replying to @Tinyvalue

      By understanding how the biz actually works. Take subscription models (just one example) - huge up front costs (cust acq) but huge long term FCF when succssful. If you just extrapolate from past you will grossly undervalued many companies.

      1 reply 0 retweets 0 likes
    7. Gwen Hofmeyr‏ @Tinyvalue 27 Aug 2018
      • Report Tweet
      • Report NetzDG Violation
      Replying to @alphagen68

      Change "when" to "if." Respectfully, I wouldn't know how to invest in the businesses you just described. Re retail, Lynch, who loved growth stocks, wouldn't invest in hyper earnings growth (>25%). Highly unpredictable; usually Wall Street darlings; usually high premiums.

      1 reply 0 retweets 0 likes
    8. alphagen‏ @alphagen68 27 Aug 2018
      • Report Tweet
      • Report NetzDG Violation
      Replying to @Tinyvalue

      you are missing the point. it isn't about any industry/model. it is about less math and more thinking. kodak was predictable but if u just extrapolated you would have gone broke.

      2 replies 0 retweets 0 likes
    9. Gwen Hofmeyr‏ @Tinyvalue 27 Aug 2018
      • Report Tweet
      • Report NetzDG Violation
      Replying to @alphagen68

      I think a lot, probably too much. If you have a switch, let me know; I confide in Fisher big time. I'm adamant that cheapness doesn't universally equate value. A monkey would buy $PDCO. Cheapness is 1 of 14 steps in my investing process takes haha.

      1 reply 0 retweets 1 like
    10. alphagen‏ @alphagen68 27 Aug 2018
      • Report Tweet
      • Report NetzDG Violation
      Replying to @Tinyvalue

      sounds like you are off to an excellent start. also, when you do get conviction, go big! good luck

      2 replies 0 retweets 1 like
      Gwen Hofmeyr‏ @Tinyvalue 27 Aug 2018
      • Report Tweet
      • Report NetzDG Violation
      Replying to @alphagen68

      60% concentrated in 4 ideas good sir! Will do activist coattail riding, equity stubs, industry distress, net-nets, GARPs, international equities. My one rule: if ain't screamin', I ain't buyin'. You might like $ELVT a personal darling. Hated, big moat, good prospects, levered.

      11:12 AM - 27 Aug 2018
      0 replies 0 retweets 0 likes

      Loading seems to be taking a while.

      Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

        Promoted Tweet

        false

        • © 2020 Twitter
        • About
        • Help Center
        • Terms
        • Privacy policy
        • Imprint
        • Cookies
        • Ads info