We Study Billionaires - The Investor’s Podcast Network TIP253: An Intrinsic Value Assessment w/ Jesse Felder (Business Podcast)
Jul 28, 2019
Jesse Felder, investing expert and host of 'Superinvestors,' dives deep into the intrinsic value of Bed Bath & Beyond. He analyzes the dramatic valuation decline and reveals why heavy shorting can benefit long investors. The discussion covers strategies for navigating commoditized markets, potential private buyout scenarios, and the importance of macro indicators in stock valuation. Jesse also provides insights on insider trading and how understanding financial maneuvers can uncover hidden investment opportunities amid market chaos.
AI Snips
Chapters
Transcript
Episode notes
Felder's Prior Advice
- In 2017, Stig Brodersen pitched Bed Bath & Beyond at $35.
- Jesse Felder advised against it, and the stock later dropped to $10.
Investment Framework
- Felder analyzes potential investments based on price, momentum, and insider actions.
- Bed Bath & Beyond is cheap, shows bottoming patterns, and has bullish insider activity.
Short Float Opportunity
- Bed Bath & Beyond's high short float (46%) presents a potential short squeeze opportunity.
- Felder sees this as a dangerous stock to short due to its low valuation and crowded short side.