Chit Chat Stocks Michael Burry’s AI Short Bet; Q3 Fallen Angels; Earnings Round-Up ($RELY, $CPNG, $SFM, $MNDY + More)
Nov 14, 2025
This week features intriguing insights from a trip to Japan, highlighting currency and valuation opportunities. The hosts dive into Remitly's earnings and debate its long-term profitability. They discuss fallen angels—stocks that are seeing sharp declines—and analyze the latest from monday.com and Coupang. Michael Burry's short bets stir skepticism among the team, while Apple's innovation efforts draw mixed reactions. Finally, a fascinating look at the potential impact of 50-year mortgages wraps up the discussion.
AI Snips
Chapters
Transcript
Episode notes
Stay Patient With Turning-Point Growers
- If you own high-growth unprofitable stocks, stay patient and avoid panicking during drawdowns.
- Focus on unit economics and margin trajectory before reacting to price moves.
Volume Growth Can Outpace Revenue Growth
- Remitly shows 35% send volume growth but lower revenue growth due to falling take rates and higher-value customers.
- Scaling and product mix can compress take rates while improving profitability long term.
Build Valuation From Unit Economics
- Model future revenue at realistic growth rates and then apply conservative margin expansion to estimate value.
- Use that to decide whether to add to positions during drawdowns.