Fat Baby Funds

I’ve been quiet, but I’m a man of the markets. I might not be posting, but I’m studying the markets. That’s all for now, let’s study the markets, learn from our mistakes and make some ...

Spotify recently held their 3rd ever investor day. Before we dive into what Spotify covered at their investor day, it’s worth covering why we should care. Investor days are meant to share the long term ...

Spotify has been trading wildly with the whims of the market, but behind the price, a positive story keeps building. Let’s check back in on Spotify. The Long Term Vision The ultimate vision for Spotify ...

The talk of the town in the NBA right now is tanking. Some of the most logical NBA analysts argue the importance of tanking, but I think they might be missing the forests for the ...

I’ve been gambling. It’s not a new thing, I’ve been a gambler my whole life. I chase edges. Right now, the new big thing is prediction markets. The big question is what prediction markets will ...

People fundamentally misunderstand Duolingo. They assume it’s a learning app. It’s not. The reality is that Duolingo is a member of the attention economy. This fundamentally changes the way you need to analyze Duolingo. Let’s ...

I’ve noticed investors tend to split into two tribes: value people and momentum people. I’ve never fit cleanly into either, but both camps have ideas worth stealing. You can learn from both. The problem for ...

I love ideas. I stumbled on a movie recommendation that led to an interesting idea: “When you look for something, you find nothing. But when you look for nothing, you find something.” The idea is ...

Things have been changing rapidly for Spotify. This isn’t anything new, Spotify is an ever evolving company, but now is a good time to regroup and check back on the thesis. Changes At the Top ...

One of the most common mistakes I see in evaluating stocks is overly relying on the history of stock price. The market is a fickle bitch. It takes a decade for it to become a ...