PP
The Meet Kevin Pricing Power ETF
stock NYSE

video editing software:
Hollywood uses mostly Avid
Davinci much better UI overall
FCP much better for a lot of YouTubers
Capcut/IG edits the way to go for social media folks
reality is that PP has been around for a long time (i.e. hard to switch especially at corporate level) and the integration with AE is great.

I can not play with my PP to this.

This is cringe. This is some PP level of cope.

SPCX short = PP long

Fresh round of company write-ups from Substack worth reading, all published within the last week.

Not my work - sourced from Giles Capital's weekly compilation: [https://gilescapital.substack.com](https://gilescapital.substack.com)
# Americas
**Wolf of Oakville** on [**ADF Group**](https://www.wolfofoakville.com/p/adf-group-inc-drxto-fins-review) (🇨🇦 DRX TSX - CAD$294m)
Structural steel fabricator, 9.9x earnings, $646m contracted backlog after a record quarter. It quietly reshuffled to 72% Canadian clients as US tariffs hit. Founders own 51%.
**Karst Research** on [**Titan America**](https://karstresearch.substack.com/p/titan-america-ttam) (🇺🇸 TTAM US - US$2.9bn)
East Coast cement producer at 8x EV/EBIT, generating mid-teens returns on capital. The Keystone Cement acquisition just added 990,000 tons of capacity and 50 years of mineral reserves.
**Rijnberk Invest Insights** on [**Synopsys**](https://rijnberkinvestinsights.substack.com/p/whoever-wins-the-chip-war-synopsys) (🇺🇸 SNPS US - US$91bn)
Electronic design automation, the software that makes chip design possible. Whoever wins the chip war, Synopsys gets paid. Trades at 31x earnings with net debt of $7.5bn.
**Rebound Capital** on [**Lululemon Athletica**](https://reboundcapital.substack.com/p/deep-dive-lululemon-lulu) (🇨🇦 LULU US - US$13.8bn)
Premium athletic apparel brand off its 2023 highs. Rebound Capital's case is that the China slowdown and North America plateau are temporary. Worth watching if margins recover toward historical levels.
**TQI Capital** on [**Ollie's Bargain Outlet**](https://valueb9b.substack.com/p/olli-when-the-weather-takes-the-blame) (🇺🇸 OLLI US - US$5.2bn)
US off-price retailer with 550+ stores at 18x earnings. Two soft quarters blamed on poor weather. The article asks whether this is a buying opportunity or a business in decline.
**The Pursuit of Compounding** on [**MarineMax**](https://thepursuitofcompounding.substack.com/p/marinemax-when-the-sharks-smell-blood) (🇺🇸 HZO US - US$758m)
America's largest specialty boat dealership, carrying net debt well above its market cap after a rate-driven sales collapse. Three percent insider ownership. The Pursuit of Compounding sees a contrarian entry.
**0xAnalysis** on [**Optimum Communications ($OPTU)**](https://0xanalysis.substack.com/p/optimum-communications-optu-short) (🇨🇦 OPTU NYSE - US$505m) SHORT
Canadian telecoms company. The author argues the balance sheet is more fragile than it appears and debt covenants require a level of operating performance the historical data has not consistently delivered.
**PP Invest** on [**Serabi Gold**](https://ppinvest007.substack.com/p/margin-explosion-and-transformation) (🇧🇷 SRB LN - US$342m) TOP PICK
Brazilian gold miner growing output 20% year-on-year, trading at 6x earnings. No debt and $64m cash. Record gold prices are widening margins faster than consensus expects.
# Europe, Middle East & Africa
**Rock & Turner** on [**Wise Group**](https://rockandturner.substack.com/p/wise-the-holy-grail-investment) (🇬🇧 WISE LN - £16.8bn)
Cross-border payments platform processing $243bn in annual volume, growing 27%. Management is now applying for a US national bank charter to move beyond payment rails into deposits.
**Crack the Market** on [**Umicore**](https://crackthemarket.substack.com/p/umicore-the-cash-came-back-before) (🇧🇪 UMI BB - €6.5bn)
Belgian materials group supplying both battery chemicals and catalytic converters. Cash generation has recovered ahead of schedule. Trades at 15x earnings with €1.5bn net debt.
# Asia-Pacific
**8 Percent Per Annum** on [**Trend Micro**](https://8percentpa.substack.com/p/investment-idea-33-trend-micro-activist) (🇯🇵 4704 JP - ¥787bn)
Japanese cybersecurity firm with $1.5bn in net cash, trading at 21x earnings. An activist investor is pushing for capital returns. Four analysts cover it, mostly locally.
**Deep Value Capital by Kyler** on [**Cochlear**](https://deepvaluecapitalbykyler.substack.com/p/cochlear-coh-deep-dive) (🇦🇺 COH AU - AUD$6.6bn)
Australian maker of cochlear implants and global market leader in a high-barrier niche. Trades at 20x earnings. The recurring upgrade revenue from each implant underpins the long-term valuation.
**Continuous Compounding** on [**Oricon**](https://continuouscompounding.substack.com/p/unveiling-my-highest-conviction-stock) (🇯🇵 4800 JP - ¥13.5bn) TOP PICK
Japan's music charts data company, trading at 4.4x EV/EBIT with net cash equal to 35% of market cap. A management buyout at 1,332 yen per share looms over the thesis.

Proof: [https://coindex.app/a/gkVq5S](https://coindex.app/a/gkVq5S)
**FULL ALBUM!** [**https://coindex.app/a/eojVzp**](https://coindex.app/a/eojVzp)
I have an impersonator on here - I will NEVER initiate a chat (that means YOU must initiate the chat)
**BIN INSTRUCTIONS:** If you bin, please include the bin specifics in the final line of your chat request message - when it's busy I see the chats first, so if it's only in the comments I may not see it before selling to someone else.
Please be patient on chats - I will eventually get to everyone. Previous buyers and bins get priority. Just make sure I can see your bin in the chat request (last line of the chat message should look something like "BIN 2025 Libertad").
*\*\*\* All Items Sigma Verified \*\*\**
***\*\*\* SILVER \*\*\****
**ASE Sale**
[ASE Proof w/ Box & COA](https://coindex.app/a/R1TYev) \- **$92** (~~1997~~, 2003, 2006, ~~2016~~, ~~2020~~, 2021, 2023)
[ASE Proof PR69 Slabbed](https://coindex.app/a/vootRH) \- **$87** (~~2x~~ 2006-W, 2012-S, 2021-W, 3x 2022-W)
(discount negotiable on sploogy reverse 2006-W)
[ASE MS69 Burnished Slabbed](https://coindex.app/a/8M72Dd) \- **$84** (2017-W, 2018-W)
[ASE MS69 Slabbed](https://coindex.app/a/Apg5ZI) \- **$82** (1987, 1988, 2x 2007, 2008)
[ASE MS70 Slabbed](https://coindex.app/a/0HhfGU) \- **$87** (~~2009~~, ~~2021~~, 4x 2022, 2x 2023)
[ASE Littleton Packs](https://coindex.app/a/VvacTe) \- **$82** (various types, see photos)
**Other American**
[2023-P Morgan in Box w/ COA](https://coindex.app/a/CsLm5P) \- **$82**
[1900 Morgan PCGS MS63 VAM 16](https://coindex.app/a/PoNQB6) \- **$250**
[Walking Liberty Halves Tube of 20](https://coindex.app/a/RsDena) \- **$480**
**Foreign Sovereign**
[2025 1/10 oz PCGS PR70DCAM Libertad](https://coindex.app/a/YSqQjC) \- **$400**
[1985 1 oz NGC MS66 Libertad](https://coindex.app/a/8ZSQvK) \- **$140**
[2022 Germania Valkyries Hildegard Valhalla 5 Mark 1 oz.](https://coindex.app/a/eHU8on) \- **$100**
[2015 1 oz Armenia Noah's Ark 500 Drams (Geiger minted)](https://coindex.app/a/zDifgf) \- **$85**
[St Helena Truth Conquers All](https://coindex.app/a/8Vc6nG) \- **$75** (7 available)
[2022 St. Helena 1.25 oz. Guinea](https://coindex.app/a/gZEUAg) \- **$90**
[2023 Cook Island HMS Bounty Ship](https://coindex.app/a/YbML0c) \- **$79**
[2021 Tokelau Cthulu](https://coindex.app/a/4KUP54) \- **$90**
[2022 Maid Marian British Myths & Legends](https://coindex.app/a/hRxsQy) \- **$79**
[2014 British Year of the Horse](https://coindex.app/a/YbML0c) \- **$77**
[2014 Perth Mint Wedgetail Eagle Proof in Box w/ COA](https://coindex.app/a/OAHqFU) \- **$85**
[2026 2 oz. Yale of Beaufort](https://coindex.app/a/fq5f27) \- **$150**
[2013 1 oz. Panda](https://coindex.app/a/TscigA) \- **$90** (2 available)
[**Kookaburras**](https://coindex.app/a/g1xwiS)
2016 - $98 (2 avail)
2022 - $98
**Bullion**
[Scottsdale 5 oz Lion Stacker](https://coindex.app/a/3l9L8e) \- **$375**
[Scottsdale 5 oz Lion Poured](https://coindex.app/a/E0lFus) \- **$375**
[Disney Rounds - various](https://coindex.app/a/yHiSPz) \- **$75** each (bottom 3 sold)
[Engelhard Pebble Back](https://coindex.app/a/V4d2Ex) \- **$85** (4 available)
[Engelhard Prospectors](https://coindex.app/a/sokMkG) \- **$77** (6 available) ('82 sold)
[Monarch Alien 2 oz.](https://coindex.app/a/XMNhWL) \- **$155**
[Monarch Skull 2 oz.](https://coindex.app/a/tuoGTr) \- **$155**
[Monarch Pistol 2 oz.](https://coindex.app/a/QZZFro) \- **$155**
[GSM 10 oz. Bulls & Bears Bar](https://coindex.app/a/dAWrKV) \- **$730**
[St Helena 10 oz Bar](https://coindex.app/a/8x5HaI) \- **$730**
[Star Wars Light Side 10 oz Bar sealed](https://coindex.app/a/ud4g8E) \- **$745**
[Pamp Lady Justice 10 oz Bar new in capsule](https://coindex.app/a/ay01A1) \- **$720**
[Pamp Lady Justice 1 oz Bar new in capsule](https://coindex.app/a/9rnIvB) \- **$74**
[Perth Kangaroo 1 oz Bars](https://coindex.app/a/UI99lX) \- **$72** (5 available)
[Valcambi Combibar 10x10g](https://coindex.app/a/8loVux) \- **$310** (2 available)
[1 gram Valcambi silver (ADD-ON ONLY)](https://coindex.app/a/ZF2zqk) \- **$3** (blocks available)
[1/10 oz silver (ADD-ON ONLY)](https://coindex.app/a/z2cIZF) \- **$11**
***\*\*\* GOLD \*\*\****
**Coins**
[2023 1/10 oz AGE](https://coindex.app/a/zxdfMm) \- **$470**
[1996 1/10 oz AGE Proof w/ Box & CoA](https://coindex.app/a/UyfaQ2) \- **$500**
[1999 1/10 oz Maple (20 yr privy)](https://coindex.app/a/cPbLve) \- **$470** (2 available)
[2016 1/10 oz Maple](https://coindex.app/a/DooILV) \- **$460** (2016, 2022)
**Bars in Full Size Assay**
[2.5g Pamp America 250 in assay](https://coindex.app/a/9Rx7JJ) \- **$410**
[2.5g Istanbul Goldgram in assay](https://coindex.app/a/5XUg8V) \- **$370**
[Argor Small Craft 10g in assay](https://coindex.app/a/Gsh550) \- **$1380**
[Pamp Rosa - 1/2 oz in assay](https://coindex.app/a/1FsOiB) \- **$2200**
**Multigrams / Small Grams**
[1g Pamp Lunar Horse](https://coindex.app/a/JhzgBS) \- **$150** 
[1g Pamp Diwali](https://coindex.app/a/cCAR1m) \- **$150** 
[1g Pamp Fortuna](https://coindex.app/a/tl6ptz) \- **$145**
[1g Pamp Dragon](https://coindex.app/a/buNz3O) \- **$160**
[1g Valcambi gold](https://coindex.app/a/hxttR2) \- **$150** (blocks available)
***\*\*\* PLATINUM \*\*\****
[20g Valcambi Platinum in assay](https://coindex.app/a/q23WV6) \- **$1260**
**Payment** (no notes please, emoji if required):  Zelle (preferred), Paypal F&F, Venmo F&F, USDC crypto, additional options available for larger amounts.  PP or Venmo paid G&S will be refunded & order canceled.
**Shipping**:  **$7 to $9 ground advantage / $11 priority / $25 insured signature priority**
See this link for shipping details & descriptions: [https://coindex.app/a/xCdDhI](https://coindex.app/a/xCdDhI)
My liability for lost packages is 50%, capped at $500, and ends when marked "delivered." 
I have no expertise in grading, be your own judge based on the photos, please ask for more detailed photos of anything you want a clearer picture of. Coins are not new and often have scratches, scuffs, spots, etc. so make sure you look first to your satisfaction!
My account has 2fa enabled, strong passwords, and you must comment before I accept a chat invite. As an added bonus for those who read all this fine print, I have air-tite capsules in many sizes - if you'd like your coin or bar sent in one, just ask me - if I have the size, it's no extra charge.  I will do my best to reply to all chat requests, even if just to say OOS, so if you don’t hear from me you should eventually. 
Please check my [feedback](http://old.reddit.com/r/pmsfeedback/search?q=stillwaters23&sort=new&restrict_sr=on&t=all) \- I offer verified metals, quick shipping, good communication, very secure packing, and I'm always happy to answer questions, whether about my listings or anything else, so please don't hesitate to ask.

As if PP would ever make it out of knockouts. He’s a Scotland level failure.

Yes it's very basic, and hyped funds like PP flexi cap can very easily lag behind peers over a longer period of time. If you truly want to be aggressive there needs to be a focused or thematic fund too but you'll have to do your own research or get professional advice for that. Also you DEFINITELY should have exposure to US markets, at least when nasdaq corrects a bit.

I would be careful with that assumption - In my field you will never match RVU because your coders will be set up to “prevent audits” aka “downcode physician charts as much as possible while we rate in facility fees and ancillaries that don’t show up on their RVUs” 
Whereas in PP the mindset is “let’s get paid for what we do”

> Mark Tilbury
Last time I came across this guy, I was put off by his Amex Gold video claiming he got into a lounge with fancy food - most lounges in the PP network don't offer anything close.

Reporting this post for nsfw content. PP and Elon in the same post is far too lethal a dose of cringe

Can you imagine how PP must have creamed his pants when he saw that tweet.
Months and months of talking out of your ass and then Elon just openly mentions towel apes.

Depends on where you match but if you go PP after anesthesia you’ll prolly pay off those loans before you get to the time needed to pay them off lol.

Silver Kitco Bid = $70.21
I will never initiate a chat!
*\*\*\* All Items Sigma Verified \*\*\**
[**Proof Picture**](https://imgur.com/a/AoSKFAW)
**Deals Galore**
1. Deal #1: The more copper tubes you buy, the more you save on dimes!
1. Buy 1 Copper Tube = $46xFV on Dimes
2. Buy 3 Copper tubes = $44xFV on Dimes
3. Buy 4 Copper tubes = $42xFV on Dimes
4. Buy 5 Copper Tubes = $40xFV on Dimes
5. Buy 6 Copper Tubes = $38xFV on Dimes
2. Deal #2: Save on War Nickels!
1. Buy 1 Copper Tube and get war nickels at $3 each
2. Buy 2 Copper Tubes and get war nickels at $2.50 each
3. Buy 3 Copper Tubes and get war nickels at $2.00 each
3. Deal #3: Buy 3 Copper Tubes and get free priority shipping!
Deals are independent of each other. For example, if you buy 1 Copper Tube, you can choose to either get dimes at $46xFV or you can get war nickels at $3 each.
**— .999 1oz Silver —**
x17 - Apmex Bar $70 each
**— Constitutional —**
x57 - 90% Franklin Dime $48xFV
x25 - 35% War Nickel $3.50 each
**— Copper —** 
**All copper is $3 each or $48 for a full tube of 20**
x18 - Year of the Horse ($44 for Partial Tube)
x20 - Ferry Man 
x20 - Peace Dollar 
x20 - Morgan Dollar 
x20 - Seated Liberty
x20 - Panther
x20 - Panda
x20 - Maple Leaf 
x20 - Alligator
**There are never any minimums for orders!**
**Payment** (no notes, emoji if required): Venmo (preferred), PPFF, Zelle, Cashapp. PP or Venmo paid G&S will be refunded & canceled.
**Shipping**: $6 ground advantage (<6 ounces), $11 priority.  Packages will be double packed and well secured in boxes or bubble mailers.  My liability ends once the post office accepts the package. 
I am more than happy to provide additional photos or information upon request.
My account is 2fa enabled and I never share passwords. 
You must comment on this post before I accept a chat invite.  I will do my best to reply to all chat requests. BIN will take priority.
I will ship first only to established members at my discretion.
 

Smol PP.

Or look like PP getting off the helicopter at Plootfest 1.

I opened Microsoft’s latest quarter expecting to find some obvious reason people have turned so negative on the stock. The growth numbers didn’t really surprise me that much. Revenue was still up, operating income was still up, Azure was still growing fast. The number I kept staring at was cash paid for PP&E: $30.9B in one quarter. I still think of Microsoft as Office, Azure, enterprise software, high margins, all that. But that capex number is way heavier than the version of Microsoft I had in my head. Maybe everyone else already adjusted to this, but I’m only now realizing how different the AI buildout makes the business feel.

Achtung! Achtung! Mein PP ist gross 🫷😲🫸

Hey! Kais did real investigative journalism
He could be the heart of PP investigative services

That was exactly my thought. Kais was extremely pissed in the weeks following plootfest because he became aware that PP had made absolute bank off of it and hadn’t shared a dime with anybody, even though 100% of the content of his show was generated by guests like Kais, PP has never done anything at all.