Michael Burry vs. David Tepper – InsideArbitrage Friday Wrap

  • August 18, 2023

FRIDAY WRAP

Our list of curated tweets for the current week

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Special Situations

HF Sinclair - $DINO - is buying the rest of Holly Energy Partners - $HEP - in cash and stock deal.


Deals ..deals.. or “papa bear hug “


ArcelorMittal weighs possible bid for US Steel


India's JSW Steel considers 75% interest in Teck's coal business


Franchise Group gains as holders vote to approve sale to consortium


Silver Lake to explore sale of tax-free shopping firm Global Blue


https://twitter.com/jfineman/status/1691827339561152945


Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase Authorization


Integra entered into an accelerated share repurchase agreement with Wells Fargo Bank, N.A. to repurchase $125


Chegg authorizes an increase of $200 mln to its share repurchase program


$WING Buying Back Shares at 12X sales. yeah, that's real smart!


$AZO was made to gobble up its own shares. This is since it introduced a share repurchase program in 1998


InsideArbitrage August 2023 Mid-Month Update – J&J $JNJ and Kenvue $KVUE Spilt-Off


Investing

I own 937 books on investing and somehow I still have iRobot, Kohl’s, and HanesBrands in my portfolio. Investing is hard.


michael burry buying index puts is the most bullish signal i’ve seen in a while


Most bullish 13F filing i've seen yet


Google Cloud Platform going after Snowflake


The number of people with at least $1 million in their 401(k) accounts has grown about 25% so far this year


$TGT Target saw a 120% increase in theft.


Red flag in Target Q is abrupt traffic fall: off a cliff, -5% having been flat for past year.


Best short right now is $ACHR


Billionaire investor Dan Loeb believes studying this one company is worth more than a 2-year MBA.


$TDG longs cheer this stuff.


The second trillion worth of balance sheet reduction is likely to have more of an impact


Earnings

Home Depot (I'm long $HD) beats on GAAP EPS of $4.65 vs $4.45 and beats on revenue of $42.92B vs $42.23B.


Another solid set of results from $DOLE this morning as it reported Q2 results


Adyen $ADYEY is significantly down today (-28%) after reporting H1 earnings.