James Royal, PhD’s Post

Pet food retailer Chewy popped on Monday when noted investor Keith Gill, alias “Roaring Kitty,” revealed that he had purchased about 6.6 percent of Chewy’s shares. It’s not fully clear whether Gill’s newly revealed position in Chewy comes in addition to his previously disclosed stake in GameStop. $CHWY $GME

“Roaring Kitty” appears to have closed out his options position in GameStop, and for all the hullabaloo he seems to have earned surprisingly little. (What's $6.7 million among traders, anyway?) But he seems to have rolled that into more GameStop stock. #gamestop $GME

News just out today on the Texas Stock Exchange, an upstart that is looking to begin operations in 2025 in Dallas. It will be a long road for the exchange, which faces an industry dominated by the NYSE and Nasdaq, though the entrant is backed by heavyweights such as Blackrock and Citadel Securities. There are good reasons that the industry has evolved and consolidated as it has, into just two big players, and even if (or especially if) the new exchange succeeded, it could be a ripe target for the industry's giants.

Here are some of the changes Buffett and his two investment officers, Todd Combs and Ted Weschler, made during the first quarter, including the company's new previously non-disclosed holding.

Thrifts are a type of small bank that offer attractive risk-adjusted returns. I sat down with Schroders to explain the investment opportunity and how thrifts can fit into an investment portfolio. https://lnkd.in/gxrzC3KM