Schwab Network MSFT & GOOGL Still Undervalued? Molly Pieroni Sees Hidden Mag 7 Value
Apr 16, 2026
Molly Peroni, president of Yakman Asset Management and long-term value investor, outlines why Microsoft and Alphabet contain hidden balance-sheet value. She highlights Alphabet’s deep scientific work and Waymo, and Microsoft’s cloud positioning. Molly also flags overlooked opportunities outside tech like U-Haul and discusses macro risks around rates, energy, and leverage.
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Invest Like A Business Owner Focus On Fundamentals
- Invest like business owners by focusing on risk-adjusted returns and underlying business improvement rather than short-term price action.
- Peroni says they look for companies improving results and avoid chasing market multiple mania from recent years.
Yakman Held Microsoft Through A Decade Of Flat Price
- Yakman has owned Microsoft since 2003 and held through varying sizes as a long-term position.
- Peroni recounts holding through a decade when the price didn't go anywhere while the company built foundational value.
Microsoft's Value Built During Years Of Market Neglect
- Microsoft has built long-term value through steady product and cloud investments even during a decade of stagnant share price.
- Molly Peroni notes they launched their cloud business while the stock barely moved, illustrating business improvement can precede market recognition.