The Joseph Carlson Show I'm Buying These 3 Compounding Machines
Aug 19, 2024
This discussion highlights impressive financial growth and standout stocks. Insights into the valuation struggles of major tech giants like Apple set the stage for comparing alternative investments such as Booking Holdings and Salesforce. A tragic Disney lawsuit unfolds, showcasing corporate negligence claims. Legal challenges continue with Disney Plus and Carl Icahn's financial struggles, while Mastercard discusses workforce reductions as part of a strategic growth initiative.
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Portfolio Reaches All-Time High
- Joseph Carlson reports his portfolio hit an all-time high of $728,000 with $241,000 gains.
- He describes a concentrated portfolio of carefully selected stocks across finance, tech, consumer, restaurants, real estate, and railroads.
Trim Winners And Redeploy To Better Probabilities
- Trim positions you expect to underperform and redeploy into higher-probability winners.
- Joseph is trimming Apple and buying Booking Holdings, Salesforce, and Intuit to chase outperformance over 4–5 years.
Apple's Next Five Years Are Priced In
- Apple faces higher starting valuation and slower revenue growth, making repeat outperformance less likely.
- The market is pricing an AI-driven upgrade cycle that may already be baked into Apple's valuation.