Chit Chat Stocks Drafting Our Dream Portfolios; 6 Quality Stocks At Record Low Valuations; A Friday 8-K For The Ages
Dec 5, 2025
The hosts dive into a thrilling Dream Portfolio Game, picking standout stocks like Interactive Brokers, Airbnb, and Coupang. They explore high-growth companies at 15x earnings and reveal six quality stocks at record low valuations, including Salesforce and Lululemon. The cautionary tale of Rick's Cabaret captivates with its sudden upheaval, while insights from Michael Burry on stock-based compensation spark debate. Finally, they analyze Black Friday spending trends and Meta's Reality Labs potential cuts.
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Argentina Trip Sparks Investment Views
- Brett described buying Mercado Libre and noticing busy international airports and big-box retailer strength in Argentina.
- He used the airport and payment friction as color for Mercado Libre and consumer retail observations.
Draft A Moat-First Portfolio
- Build a portfolio from wide-moat, high-growth businesses when valuation is fixed at 15x normalized earnings.
- Prioritize companies with durable moats and at least a 10% top-line growth runway over pure size.
Brokerages Gain From Global Mobile Adoption
- Interactive Brokers can scale user growth massively with mobile adoption and global market access.
- Buying it at 15x normalized earnings captures long-term reinvestment runway despite current higher multiples.