Techquity

10 companies that became much more profitable since 2016 👇 Operating margin = how much they keep from every $100 of sales, after paying to run the business. 🤖 Nvidia $NVDA 2016: 15% | TTM: 65% 🍿 Netflix $NFLX 2016: 8% | TTM: 36% 🎧 Spotify $SPOT 2016: -12% | TTM: 15% 💻 Microsoft $MSFT 2016: 29% | TTM: 47% 🔬 TSMC $TSM 2016: 40% | TTM: 58% 📊 MSCI $MSCI 2016: 42% | TTM: 56% 📦 Amazon $AMZN 2016: 3% | TTM: 13% 🔍 Alphabet $GOOGL 2016: 26% | TTM: 33% 💳 Mastercard $MA 2016: 53% | TTM: 59% 🍎 Apple $AAPL 2016: 28% | TTM: 33%

An amazing infographic I made with Claude to understand what you own when you buy Brookfield $BN 🇨🇦 This is one of my favorite companies. A pretty underrated business, with an amazing culture, great management and real skin in the game. @Brookfield @BillAckman

Why American Express $AXP is quite underrated 👇 I feel like almost nobody talks about Amex on X. But for me, it’s one of the best compounders on the market, and these charts explain why... The first chart shows the number of Amex cards people use. It went from 110 million in 2016 to 153 million in 2025. It’s not a crazy growth, but it goes up almost every year, and that’s exactly what you want from a business like this. The second chart shows where the money comes from. About half comes from US consumers. The rest comes from business cards, international clients, and the fees Amex charges to shops. So the company doesn’t depend on only one type of customer. The third chart is my favorite. In 2016, there were 933 million Amex shares. Today, there are 673 million. The company bought back 28% of its own shares in 10y. What I really like about Amex is its clients. They have money, they pay high fees for their card, they spend a lot with it, and they rarely leave. It’s a simple business but very strong ...

I want TSMC $TSM as my main AI bet. Just look at this chart and how strong this business is... Since 2020, revenue has compounded at 24% a year and operating margin went from 42% to 57%. This is nuts.