DL-Invariant

5 ms·

1.
by DL-Invariant 4y ago
If you have a pension fund, target date fund, market index, or many variety of diversified products in an IRA, 401k, or similar retirement account, you almost assuredly have money invested in tobacco. If you look at history, nicotine has be
2.
The New Era of Nicotine(invariant.substack.com)
44 points by DL-Invariant 4y ago|45 comments
3.
Unpacking Meta’s Q2 2022 earnings(mobiledevmemo.com)
1 points by DL-Invariant 4y ago|0 comments
4.
by DL-Invariant 4y ago
In the article: "Listerine also has years of comprehensive clinical research supporting the health benefits, as well as potential risks, of its use. This should greatly reduce concern around the possibility of future product lawsuits.&
5.
by DL-Invariant 4y ago
Parts of the ruling: "It may be noted that here the parties themselves made no reference to secrecy in either the 1881 or the 1885 agreements. The word "secret" is not used anywhere in either of them. It is true that I have a
6.
by DL-Invariant 4y ago
Thanks for the kind words! I am the author. If you're interested in fundamental valuation, there are quite a few great resources. I highly recommend starting with: Value: The Four Cornerstones of Corporate Finance Investment Valuation,
7.
by DL-Invariant 4y ago
Wonderful catch! This was an unfortunate error on my part. The initial claim was based on this source: https://www.listerineprofessional.com/products/oral-care-rou... Thank you so much for bringing this to my attention
8.
by DL-Invariant 4y ago
You're smart to think of how it could be gamified. However, the product is tightly regulated and has stiff competition. The brand name is a huge driver of sales. Anything that could impair the brand image, like dilution of product, wou
9.
by DL-Invariant 4y ago
I appreciate the pushback, and love how you're thinking about this. Negative press can always be a head headwind. I'd counter, if you look across the world, as oral hygiene has become a greater focus as we learn to appreciate it&#
10.
by DL-Invariant 4y ago
AFAIK, they must pay for volumes of all products sold under the Listerine brand name, regardless of formulation.
11.
by DL-Invariant 4y ago
Listerine is one of the most heavily studied oral care products in all of history. It is also the only nationally branded antiseptic mouthwash in the U.S. that has earned the ADA seal of acceptance(American Dental Association.) While we can
12.
by DL-Invariant 4y ago
You're correct in your baseline of thinking. If you dig into the valuation portion of the article, I explore that a bit. International growth, strong USD, usage rates increasing. Overall, it's volumes vs inflation. Volumes have be
13.
Listerine Royalties(invariant.substack.com)
125 points by DL-Invariant 4y ago|28 comments