Lessons from Investment Gurus

The Most Important Thing

 Successful investing requires thoughtful attention to many separate aspects, all at the same time. 
Omit any one and the result is likely to be less than satisfactory.

The idea of the most important things—each is a brick in a solid wall, and none is dispensable. 

[2023 Group Prediction] Will more merchants choose Shop Pay (👍 Shopify) or Buy With Prime (👎 Amazon)?

Illegitimi non carborundum

Let's Geek Out 🤓

Shopify said Tuesday revenue in the third quarter grew 32% from a year earlier to $2.84 billion as the e-commerce software maker continues to add new merchants and expand its reach in newer markets like Europe and with brick-and-mortar retailers. Free cash flow grew 20% to $507 million, though net income fell 68% to $264 million due to increases in both R&D and sales and marketing. Shopify shares fell nearly 5% in premarket trading.

CFO Jeff Hoffmeister told analysts that gross margin dipped slightly in part because of higher hosting costs to support larger transaction volumes, as well as increased costs due to higher AI usage. For the current quarter, which includes the all-important holiday shopping season for retailers, Shopify projected revenue growth in the mid-to-high twenties and for its free cash flow margin to be slightly higher than the third quarter.

Shopify has been trying to win over more large retailers as customers for the past few years, though Hoffmeister said that in the third quarter, merchants with annual sales below $25 million still generated the “significant majority” of Shopify’s gross merchandise volume. But Shopify has been growing in other sectors, including winning more international customers and more retailers with large numbers of brick-and-mortar stores.

https://www.wsj.com/business/earnings/shopify-beats-forecasts-fueled-by-strong-merchant-growth-5dfd294f?gaa_at=eafs&gaa_n=AWEtsqeqBUFiP_RvXOY5eWZqey6O_dfjZuREa0D3MOF8bJ9yoT_u1bua47AvMrf5OXM%3D&gaa_ts=690bedee&gaa_sig=Amrk3tfHiUW9y4d54XhzNRFHVrTs9Z3x7NE_ZDML5cDHb2tQL5UMtnB0-0dzG8WUBJEhgzb90rGSP9fgmCL40g%3D%3D

Shopify Revenue Tops Views, Guides to Strong Holiday Quarter

Shopify said Tuesday revenue in the third quarter grew 32% from a year earlier to $2.84 billion as the e-commerce software maker continues to add new merchants and expand its reach in newer markets like Europe and with brick-and-mortar retailers. Free cash flow grew 20% to $507 million, though net income fell 68% to $264 million due to increases in both R&D and sales and marketing. Shopify shares fell nearly 5% in premarket trading.  CFO Jeff Hoffmeister told analysts that gross margin dipped slightly in part because of higher hosting costs to support larger transaction volumes, as well as increased costs due to higher AI usage. For the current quarter, which includes the all-important holiday shopping season for retailers, Shopify projected revenue growth in the mid-to-high twenties and for its free cash flow margin to be slightly higher than the third quarter.  Shopify has been trying to win over more large retailers as customers for the past few years, though Hoffmeister said that in the third quarter, merchants with annual sales below $25 million still generated the “significant majority” of Shopify’s gross merchandise volume. But Shopify has been growing in other sectors, including winning more international customers and more retailers with large numbers of brick-and-mortar stores.  https://www.wsj.com/business/earnings/shopify-beats-forecasts-fueled-by-strong-merchant-growth-5dfd294f?gaa_at=eafs&gaa_n=AWEtsqeqBUFiP_RvXOY5eWZqey6O_dfjZuREa0D3MOF8bJ9yoT_u1bua47AvMrf5OXM%3D&gaa_ts=690bedee&gaa_sig=Amrk3tfHiUW9y4d54XhzNRFHVrTs9Z3x7NE_ZDML5cDHb2tQL5UMtnB0-0dzG8WUBJEhgzb90rGSP9fgmCL40g%3D%3D

The Ottawa-based company now expects revenue to grow in the mid-to-high-twenties percentage rate in the current quarter after rising by nearly a third in the third quarter, beating Wall Street expectations.

I’m Sam, I’m the curriculum director at Gregorio Perfecto High School in Manila, Philippines. I’ve been an educator and administrator for just over 25 years. Our school is spending a good amount on edtech, but I don’t feel like we’re getting the most out of it. I’d love to learn from everyone what is working for them. Thanks!

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