We Study Billionaires - The Investor’s Podcast Network TIP234: Mastermind Discussion 1Q 2019 (Business Podcast)
Mar 17, 2019
Toby Carlisle, author and deep value investing expert, joins blogger Hari Ramachandra to dive into intriguing stock ideas. They dissect Bed Bath & Beyond's potential and market position, exploring whether it's finally a bargain for value investors. The conversation shifts to the steel industry with Nucor and Steel Dynamics shining as top picks. The unique advantages of investing in Alibaba are highlighted, particularly in contrast to US companies. Microsoft is also discussed as a solid defensive investment in an overvalued market.
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Shorting the S&P 500
- Preston Pysh shorted the S&P 500 and profited from a post-Christmas bounce.
- Despite bearish sentiment, he sold the remaining position when it reached his entry point.
Bed Bath & Beyond Investment
- Consider Bed Bath & Beyond as a potential investment due to its low price and consistent revenue.
- Be aware of declining margins and negative free cash flow trends.
Bed Bath & Beyond: Price vs. Management
- Bed Bath & Beyond is an "ugly" business, but the current price is attractive.
- Consider the management's questionable capital allocation decisions.
