Adobe: switching costs and enterprise resilience

On today’s episode, Clay is joined by Shawn O’Malley to discuss what he’s learned through hosting The Intrinsic Value Podcast over the past year. They also dive into The Intrinsic Value Portfolio, which includes holdings like Uber, Alphabet, Lululemon, Nike, and Adobe.

IN THIS EPISODE YOU’LL LEARN:

00:00:00 - Intro 00:01:42 - How The Intrinsic Value Portfolio has performed this year 00:18:23 - Why a sizable portion of The Intrinsic Value Portfolio is invested in big tech companies 00:28:41 - How Shawn gets comfortable investing in retail companies 00:43:07 - Why Nike is included in The Intrinsic Value Portfolio 00:49:27 - The best opportunities Shawn sees in today’s market 00:58:16 - Why Shawn is bullish on Adobe despite the collapsing stock price 01:17:23 - Shawn’s estimate of the intrinsic value of Adobe 01:24:19 - Shawn’s process for researching stocks

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

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• Mentioned Episode: TIP741: The Intrinsic Value of Uber & Reddit.
• Related Episode: TIVP019: Adobe (ADBE): Designing a Creative Empire.
• Related Episode: TIVP033: Lululemon (LULU): Still the King of Athleisure?
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• Follow Shawn on LinkedIn & X.
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