Letters by company

ARM Holdings

1 letter discussing ARM. Everything written about it on this site is on its ticker page.

Bireme Capital December 2023 Investor Letter Fundamental Value sold Netflix, cut Meta Platforms and added Apple, Clorox, Tootsie Roll, ARM Holdings and C3.ai shorts as mega-cap and staples valuations rose. It remained long Old Republic and RCI Hospitality, arguing their earnings power is underappreciated, and initiated British American Tobacco for its low valuation and reduced-risk nicotine franchise. The portfolio expects persistent inflation and fiscal deficits to constrain the soft-landing narrative. December 2023 +21.3% BTI $123BAAPL $4.5TAI $1.6BARM $268B