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TXN: Fab-ulous FCF growth
Introduction Texas Instruments (Ticker: TXN) is one of the largest manufacturers of analog and embedded chips. Analog chips process real world signals into something usable in the digital world. Think sound, temperature, pressure and light. They are cheap to make, but once customers choose a chip for their product they don’t tend to change them.…
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TMO – Shopkeeper to Science
Thermo Fisher Scientific (TMO) provides serves the healthcare industry, specifically providing a range of analytical instruments, equipment, reagents and consumables, software and services. Formed through the merger of Thermo Electron and Fisher Scientific in 2006, and operating in over 50 countries. Their market cap is over $200B as of writing. In late 2024 I swapped…
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2024 Year End Update
Overview As a journal for my thoughts and actions on investing, I’ve decided to record quarterly investment activities that don’t merit separate posts. I plan to write these reviews semi-annually, which aligns with my philosophy that investment actions, including updates, should be driven by necessity rather than calendar obligations. Given that it is a new…
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Learning Out Loud #1: Synthesis of Ideas on Decision Making, Life and Investing
As part of my learning journey, I regularly consume content from various sources including podcasts, books, and articles. This post synthesizes key insights I’ve gathered around three main themes: thinking probabilistically, living authentically, and investing wisely. These notes reflect both direct insights from experts and my own reflections on applying their wisdom. I will continue…
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CIBC – Can I Buy (more) Cheaply?
Introduction CIBC’s journey from Wall Street wannabe to steady Canadian banking powerhouse is a tale of redemption—and right now, it’s a story of success trading at a premium price. After climbing out of some of the most spectacular financial mishaps in Canadian banking history, the bank has transformed itself. But does its current stock price…