Chit Chat Stocks Our 6 Favorite Never Sell Stocks + Analyzing Ackman’s Portfolio And Shareholder Letter $UBER $CMG
27 snips
Oct 3, 2025 In this engaging discussion, the hosts dive into the power of AI and e-commerce, spotlighting Shopify's new partnership with OpenAI. They analyze Nike's recent earnings challenges while exploring the innovative Texas Stock Exchange. The duo reveals their top picks for 'never sell' stocks, including the brand stewardship of Nintendo and the founder-led strategies of Coupang and Wise. They also discuss Amazon's ambitious Project Kuiper and the implications of Electronic Arts' massive leveraged buyout, along with Bill Ackman's insightful portfolio highlights.
AI Snips
Chapters
Books
Transcript
Episode notes
AI-Powered Checkout Is Marginal, Not Disruptive
- Shopify and OpenAI integration mainly embeds native checkout into ChatGPT and saves a click or two.
- Ryan says it won't meaningfully disrupt Amazon because delivery and selection remain Amazon's core advantage.
Nike's Margin Pressure Signals Structural Risk
- Nike's recent results show stagnant revenue and the worst gross margin in 20 years due to heavy discounting.
- Brett and Ryan worry margin pressure and competition from On and Hoka threaten Nike's premium positioning.
New Texas Exchange Tests NYSE/Nasdaq Moats
- The Texas Stock Exchange aims to reduce listing burdens and may revive US public company counts.
- Ryan and Brett view backing by BlackRock, Schwab, and Citadel as meaningful but say NYSE/Nasdaq moats likely persist.
