The Art of Value

In this episode I break-down the top stocks that some of the top investment fund managers, or super investors, bought and sold in Q3 of 2022. Each quarter, these investors must submit a 13F SEC filing, which allows us to see these fund managers' stock portfolios. Super investors such as Warren Buffett, Charlie Munger, Michael Burry, Mohnish Pabrai, Seth Klarman, Terry Smith, David Tepper, Bill Miller, Chuck Akre, Thomas Gayner, Thomas Russo and Bill Nygren are included in these filings. Timestamps 00:00 Intro 00:50 Top super investor buys in the quarter 02:17 Top super investor stocks owned overall 02:58 Stock 1: Meta 05:31 Stock 2: Microsoft 06:56 Stock 3: Amazon 07:39 Stock 4: Alphabet Inc (GOOGL) 08:27 Stock 5: Salesforce 09:26 Stock 6: Alphabet Inc CL C (GOOG) 09:48 Stock 7: Visa 10:45 Stock 8: Booking 11:21 Stock 9: PayPal 12:25 Stock 10: Disney 13:11 Stock 11: Charter Communications 14:46 Stock 12: Micron Technology Related episodes: Guru Portfolio Update: Buffett & Munger | Berkshire BUYS Taiwan Semiconductor https://youtu.be/PzFDoMVZMJU Michael Burry has Started to BUY Cheap Stocks! What’s Burry Buying? https://youtu.be/kzbuujGXTuI Guru Investor Portfolios 2022: Small Cap Stocks Gurus Art Buying https://youtu.be/-SvrVWD37EE Mohnish Pabrai’s Micron Tech Investment Thesis and MU Q4 2022 Earnings Update https://youtu.be/b0RrLmiTPRU Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

This episode is a summary of the destination analysis part of investor Mohnish Pabrai’s investment thesis for Micron Technology, as explained by Pabrai in a recent Q&A video session. Micron Technology is in the business of designing and manufacturing digital memory and storage products for multiple industries. Timestamps: 00:00 Micron destination analysis intro 00:47 Memory chip oligopoly 01:13 Future earnings potential 01:53 Not caring about one quarter or a year 02:35 Market value upside 03:09 Portfolio allocation  Directly related episode: Mohnish Pabrai’s Micron Tech Investment Thesis Update: Memory Chip OLIGOPOLY! https://youtu.be/moqHjmcItFg Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

This episode is a summary of part of investor Mohnish Pabrai’s investment thesis for Micron Technology, as explained by Pabrai in a recent Q&A video session. The company is in the business of designing and manufacturing digital memory and storage products for multiple industries. Related episode mentioned in this episode: Mohnish Pabrai’s Micron Technology ($MU) Investment Thesis Update: Destination Analysis https://youtu.be/RX1rMlTT2Tk Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

Investors such as Mohnish Pabrai who manage portfolios over $100 million have recently filed their 13F Q3 2022 updates. In this episode I look at Pabrai’s portfolio changes for the quarter. Mohnish bought some stock of Brookfield Asset Management (BAM) in Q3, so I consider some reasons he might have initiated the position at this time. Timestamps: 00:00 Intro 00:14 Mohnish Pabrai's stock portfolio 02:17 Brookfield Asset Management Inc 04:08 Why did Pabrai buy BAM stock? Related episode: Mohnish Pabrai’s Micron Tech Investment Thesis and MU Q4 2022 Earnings Update https://youtu.be/b0RrLmiTPRU #investing #stockmarket #stocks Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

Super Investors managing portfolios over $100 million have now filed their 13F Q3 2022 updates. In this episode I'm looking at the portfolio updates of both Warren Buffett and Charlie Munger. I look at the Berkshire Hathaway portfolio and Charlie Munger’s The Daily Journal portfolio. I give special attention to Taiwan Semiconductor (TSM), a new position in the Berkshire Hathaway portfolio during the quarter. Timestamps: 00:00 Intro 00:17 Warren Buffett - Berkshire Hathaway 04:07 Taiwan Semiconductor (TSM) 10:46 Charlie Munger & Alibaba (BABA)- Daily Journal Corp. Related episodes: Are China Stocks UNINVESTABLE or HISTORIC VALUE OPPORTUNITY? https://youtu.be/qfrjfIEx1vw Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

Famed investor Michael Burry has just reported his 3Q 2022 stock holdings, and he’s been buying 6 stocks! What's Burry been buying? In this episode I look at all 6 current holdings, give my thoughts on each, and why Burry might have bought these particular companies. Timestamps: 00:00 Intro 00:35 “You have no idea how short I am.” 01:20 Recent portfolio activity 02:26 The Geo Group 06:00 Qurate Retail 09:22 CoreCivic 11:02 Aerojet Rocketdyne 14:16 Charter Communications 16:03 Liberty Latin America Related episodes: Michael Burry Admits Feeling Greedy as Stock Market Crashes (Latest Deleted Tweets) https://youtu.be/T9pZU-bqlxs Michael Burry on Meta & Pathways to Meta Stock Recovery https://youtu.be/sOD23MqZ4OU Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

META stock has been continually hammered in the stock market since 2021. With return on investment of the new metaverse part of the business looking like it could be years away yet, and the advertising-focused parts of the business under some macroeconomic pressure, investors are wondering if the stock price will ever recover; and if it does, now much? In this episode, I look at those situations, and also what investor Michael Burry has been saying in his tweets recently about Meta and CEO Mark Zuckerberg. I look at the latest Meta earnings, and some of the the possibilities and probabilities for Meta Platforms and META stock for coming years.  Timestamps: 00:00 Intro 01:02 Michael Burry on Meta and Zuck 04:35 The Meta earnings that made Jim Cramer cry 07:29 Metaverse investments: too much, too fast? 09:24 Meta stock superinvestors 10:25 My current Meta opinion Related video: Michael Burry Admits Feeling Greedy as Stock Market Crashes (Latest Deleted Tweets) https://youtu.be/T9pZU-bqlxs Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

In this episode I look at some of the pros and cons of investing in Chinese stocks in the current market environment, given valuations have dropped so much, and there is a great deal of pessimism and uncertainly around. Is the Chinese market now "uninvestable" as some analysts have been saying, or could it be a historic long-term value opportunity? Stocks mentioned: BABA, PDD, JD, NIO, BIDU, HXC, KWEB, MPNGY, HKG:3690 Timestamps: 00:00 Intro 01:27 China "uninvestable" or buying opportunity? 02:11 Xi Jinping's Common Prosperity and the market 04:20 China vs U.S. market value ratios 06:10 Popular China stocks update 08:26 Uninvestable often means future multibagger returns 11:37 Investing at the time of maximum pessimism 13:14 Some China positives 14:42 Charlie Munger's views on investing in China 16:31 Summing up and potential catalysts Related episode: Alibaba Stock Crash Continues! BABA Stock Update & Review https://youtu.be/6UjgARFWx3U Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

In this episode I look at why Alibaba (BABA) stock has fallen nearly 80% from its peak, and why it had yet another substantial drop just recently. I cover the pros and cons of owning BABA stock at this point, for the long term. Timestamps: 00:44 Sources of investor fears and concerns 05:30 Positives and catalysts 07:05 Alibaba the company vs the stock price 08:50 Superinvestor BABA  shareholders 10:32 Buy, sell, or hold? Related episode: Mohnish Pabrai: Why I Switched from Alibaba to Tencent https://youtu.be/v27JsHlgPZU Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision

After looking at the latest Spotify Q3 2022 earnings, and listening to the earnings call with CEO Daniel Ek, in this episode I give an updated summary and some commentary on the streaming media company. Has the investment story changed? 00:15 Spotify financial media headlines 02:57 SPOT recent share price action 03:35 Spotify Q3 2022 highlights 05:02 New video podcasting 05:44 Q3 2022 financial summary 06:19 Gross margin concern 07:45 Free cash flow 08:10 Global mix of monthly active users (MAUs) 09:03 First iteration of Audiobooks 09:43 Progress of Podcasting 10:08 Two-Sided Marketplace 10:30 Outlook for Q4 2022 10:48 Earnings call highlights and commentary 14:21 The critical metric: Lifetime User Value (LTV) 15:58 Danial Ek on gross margins 17:42 Increasing prices - pricing power 19:07 Battling the gatekeeper: Apple 19:42 A key takeaway Related episode: Some Key Takeaways from Spotify Investor Day 2022 https://youtu.be/EQHQcOZCkGM Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.