Disney hit the lowest price in a year – down 59% since March ’21 How? Isn’t it a “great business” with “excellent management”? I thought “great businesses” meant “great share prices” Nope But their parks & ships must be pumping with post-COVID vacations,Disney+ has over 100m subs and they own the best sports content in … Read on
Is that Nvidia’s net income? No, that was $6.1bn Is that their revenue? No, that was $13.5bn It’s not the market cap because I know that’s a mighty $1.2 trillion So, what’s $56bn? The value of Nvidia’s shares that traded yesterday – equal to the market cap of Heineken Wow, people really wanted those shares! … Read on
So you hire a consultant for their “expert” view They conclude his investment philosophy is sound because he buys undervalued companies, his track record is excellent and he’s a person of integrity But you shouldn’t invest …. because “What if something happens to Warren?” Meaning your $1000 didn’t compound to $18m today… Or it’s 2010 … Read on
The MSCI World Information Technology sector under-performed the MSCI World Index by 4.11% over the past 2 weeks -4%, that’s not much, is it? Hang on, this index has a market cap of $12trillion containing giants like Apple, Microsoft & Nvida Which are also giants in the MSCI World Index, the benchmark that it underperformed … Read on
No! Or, “Samsung Electronics sweeps coveted global AI awards” No, I didn’t see that either! You see! I told you this “AI” boom is for real, NVDA hasn’t gone up 188% this year without good reason! Yes, but then why didn’t you tell me that on 26th May 2017 or 23 November 2018 when those … Read on
What are you worried about? I’m worried about the “markets” being expensive, and worried about a recession, and worried about inflation, and worried about what the Fed might do next That’s a lot of worries, so let’s look at each one If you own the “market” via large US index ETFs or a fund that … Read on
Not at all – I suffer from “FOMOL” not #FOMO What’s “FOMOL”, never heard of it? “Fear Of Making Oversized Losses” Homegrown – keeps me safe Because if you’d “suffered” from FOMOL instead of FOMO in 2019 when “plant-based” was the “next megatrend” and Beyond Meat’s $300m of revenue was apparently worth a “Beyond ridiculous” $14bn … Read on
No, I didn’t! Is that on their investor relations page? Nope, you need to look on SEC.GOV But why file it on a Friday night? I guess, no time to waste if you want to sell $10bn.. but I’m sure they weren’t hoping it got buried in the weekend news … So filed alongside their Q … Read on
The size of Bank of America, orTwo Caterpillars, orDeere + American Expresses, orFedex + Heineken + Colgate Palmolive + Yum Brands Sorry, what is? $220bn – the increase in value of Nvidia’s market cap after hours The increase, not the entire value of the next Trillionaire Yes, but it’s because of AI – that’s been … Read on
What would you like me to do when a holding hits fair value? Sell of course And what do you expect our win/loss ratio to be? Well, the data shows that if you win 50% & don’t lose much on the other 50% you’ll pump alpha Agree And when we get it wrong, what should … Read on
