The John Johnston Lounge

Here’s an update of the top 10 positions in the Mohnish Pabrai Wagons Fund stock portfolio, for Q1 2024, and a recap of the 20 positions held at the end of Q4 2023. There have been some additions to the portfolio, including adding Occidental Petroleum stock. Did Pabrai “shameless clone” this stock from Warren Buffett himself? Timestamps:00:14 Pabrai Wagons Fund investor updates02:15 Portfolio recap, December 2023 - 20 stock portfolio04:24 Pabria Wagons Fund, March 2024 top 10 holdings07:10 Individual stock additions, close up - 4 new stocksRelated episodes:Mohnish Pabrai Buys PayPal + These Stocks for Wagons Fundhttps://youtu.be/dr75eoQRvcYMohnish Pabrai’s New Fund Buys EBAY & These Stockshttps://youtu.be/dnM_AoC6mzIJoin The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValueI use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (referral link):https://www.gurufocus.com/?affid=2c95d5930bb2537b2e0265075fb66581I use TIKR Terminal to help analyze great businesses, follow top investor portfolios, and help monitor my portfolio (referral link): http://tikr.com/theartofvalueDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision. Hosted on Acast. See acast.com/privacy for more information.

I respond to well known finance YouTuber Financial Education, Jeremy Lefebvre, who discusses the overall stock market underperformance of small cap stocks recently, including in his portfolio, and in what scenarios they could explode higher soon. I also discuss my recent positive experiences with small cap stock performance.Related episodes:Market Crash? Meet Kevin +Jeremy Lefebvre Just Said What!!https://youtu.be/fEcZbWaNZSkReference video:These Stocks Will EXPODE Soon but….https://youtu.be/7ym8FUJnKV0Join The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValueI use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (referral link):https://www.gurufocus.com/?affid=2c95d5930bb2537b2e0265075fb66581Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision. Hosted on Acast. See acast.com/privacy for more information.

I react to and discuss another recent interview with Fundstrat’s Tom Lee, in which he again attempts to predict the short and medium term trajectory of the stock market based on macroeconomic factors, including the level of the S&P 500 by yearend. I also discuss a recent interview with Interactive Brokers Chair Thomas Peterffy, who observes that margin loans are at an all time high, and discusses the possible stock market implications. See below timestamps:00:23 Tom Lee - Buying The Dip06:05 Thomas Petterffy - Margin loans warning signJoin The Art of Value Patreon community for exclusive videos and more: ⁠https://www.patreon.com/TheArtofValue⁠Related episodes:Tom Lee: Bullish New Stock Market Predictionhttps://youtu.be/ocLm3eHGdAkInflation Comes In Hot, Stocks Panic! (Larry Summers interview) https://youtu.be/hFRxnMmniqQAswath Damodaran: Why The Stock Market Is Now Overpriced https://youtu.be/IM-F4YVQ3jkReference videos:CNBC: This dip will be bought as there's a lot less leverage in the market, says Fundstrat's Tom Leehttps://youtu.be/Kc8lM4NXjDACNBC: Interactive Brokers Chairman Peterffy: 'I get the feeling the market is somewhat exhausted'https://youtu.be/Jtt1updm6-8The main investment brokerage I use to buy international stocks, and to hold cash at good interest rates, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision. Hosted on Acast. See acast.com/privacy for more information.

I react to and discuss part of a recent interview with Alibaba co-founder & Chair Joe Tsai, conducted by Norges Bank Investment Management. In this part, Joe Tsai discusses starting out as an investor before co-founding Alibaba, meeting Jack Ma, scaling Alibaba, falling behind the increasingly intense competition in China, acknowledging mistakes, and recently reorganising Alibaba to course correct. Alibaba stock ticker: BABA.See below timestamps:00:36 Starting as an investor01:48 Meeting Jack Ma at startup Alibaba04:27 Monetizing and scaling Alibaba with Jack Ma07:33 Falling behind the competition and acknowledging mistakes08:49 Reorganizing Alibaba to correct courseThe Art of Value: Alibaba Stock channel is here: https://www.youtube.com/@TheArtOfValueBABARelated episodes:Alibaba Stock: New Jack Ma Memo Hints at Return?https://youtu.be/vfRp0GVBn1wAlibaba Stock: Is The Bottom In? Chairman Joe Tsai Interview!https://youtu.be/eZ4x8z2qjIIAlibaba Stock: BABA Supersizes Share Buybacks!https://youtu.be/PuuoIB05p7MReference video interview:Joe Tsai Co-founder & Chair of Alibaba | In Good Company | Norges Bank Investment Management⁠https://youtu.be/mT6mRJehJdw⁠Join The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValueDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision. Hosted on Acast. See acast.com/privacy for more information.

I react to a recent interview with Fundstrat Managing Partner Tom Lee, in which he boldly predicts the short term trajectory of US inflation, interest rates, and the level of the S&P 500 by yearend.Join The Art of Value Patreon community for exclusive videos and more: ⁠https://www.patreon.com/TheArtofValue⁠Related episodes:Inflation Comes In Hot, Stocks Panic! (Larry Summers interview) https://youtu.be/hFRxnMmniqQAswath Damodaran: Why The Stock Market Is Now Overpriced https://youtu.be/IM-F4YVQ3jkAswath Damodaran: Nvidia “Priced To The Point of Insanity” https://youtu.be/DCI9iQC_hvsAswath Damodaran: All Mag 7 Stocks Overpriced, NVDA INSANELY! https://youtu.be/CzKpib62RLQReference video:CNBC: Fed can't argue against three hotter-than-expected inflation reports, says Fundstrat's Tom Lee https://youtu.be/C5qZ3HLsUOoI use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (referral link):https://www.gurufocus.com/?affid=2c95d5930bb2537b2e0265075fb66581Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision. Hosted on Acast. See acast.com/privacy for more information.

Recent Inflation numbers have came in unexpectedly high, and the stock market reacted immediately to the downside on the news. In this episode I react to some of an interview with Former Treasury Secretary and current OpenAI board member Larry Summers, who is critical of how The Fed is handling inflation and the US economy.Related episodes:Aswath Damodaran: Why The Stock Market Is Now Overpricedhttps://youtu.be/IM-F4YVQ3jkAswath Damodaran: Nvidia Stock “Priced To The Point of Insanity” https://youtu.be/DCI9iQC_hvsAswath Damodaran: All Mag 7 Stocks Overpriced, NVDA INSANELY!https://youtu.be/CzKpib62RLQReference video:CNBC: Summers Says Fed Should Not Cut Rates Right Now https://youtu.be/LXDNZuYUn-oJoin The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValueDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision. Hosted on Acast. See acast.com/privacy for more information.

I’ve started a new, dedicated Alibaba stock (BABA stock) YouTube channel, The Art of Value: Alibaba Stock. If you regularly enjoy my Alibaba stock videos here, please do subscribe to the new channel, as it will be all Alibaba, all the time! Here’s a link to the new channel:https://www.youtube.com/@TheArtOfValueBABAAnd here’s the very first video: Alibaba Stock: New Jack Ma Memo Hints at Return? https://youtu.be/vfRp0GVBn1wStay tuned (subscribed with notifications on) for more! Hosted on Acast. See acast.com/privacy for more information.

For the very first video on my new, dedicated Alibaba stock YouTube channel, I report and discuss this latest Alibaba stock (BABA stock) and co-founder Jack Ma news. Jack Ma has posted another surprise morale-boosting internal memo to Alibaba staff. Could Jack Ma also be hinting at a comeback to the company? I look for clues in the memo.The Art of Value: Alibaba Stock channel is here: https://www.youtube.com/@TheArtOfValueBABARelated videos:The Art of Value: Alibaba Stock News: Surprise Jack Ma Memo! My Thoughts | BABA Stockhttps://youtu.be/mp6SdoFt2iYThe Art of Value: Alibaba Stock: BABA Supersizes Share Buybacks!https://youtu.be/PuuoIB05p7MThe Art of Value: Alibaba Stock: Super Investor Charlie Munger Sold!https://youtu.be/vm_YLphHocQJoin The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValueDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision. Hosted on Acast. See acast.com/privacy for more information.

I react to a recent interview with Prof. Aswath Damodaran from NYU, "The Dean of Valuation", who explains why he thinks the market is currently overpriced, and investors are pricing-in near future downside risks adequately. He discusses inflation,The Fed, the bond market, interest rates, and a possible US recession. Related episodes:Aswath Damodaran: Nvidia Stock “Priced To The Point of Insanity” https://youtu.be/DCI9iQC_hvsAswath Damodaran: All Mag 7 Stocks Overpriced, NVDA INSANELY!https://youtu.be/CzKpib62RLQReference video:CNBC: Inflation is going to drive the market not the Fed, says NYU's Aswath Damodarn https://youtu.be/MmCFptx-34IJoin The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValueDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision. Hosted on Acast. See acast.com/privacy for more information.

I report and discuss the latest Alibaba stock news that the Chinese tech company has increased its rate of share repurchasing by making its second biggest ever quarterly share repurchases, with plans for a lot more.Related episodes:Alibaba Stock: Super Investor Charlie Munger Sold!https://youtu.be/vm_YLphHocQWhy Alibaba is Scrapping Cainiao IPO | BABA Stockhttps://youtu.be/ClE-h5223FQAlibaba Stock: Is The Bottom In? Chairman Joe Tsai Interview!https://youtu.be/eZ4x8z2qjIIJoin The Art of Value Patreon for exclusive content and to support the channel: https://www.patreon.com/TheArtofValueI use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (referral link):https://www.gurufocus.com/?affid=2c95d5930bb2537b2e0265075fb66581I use TIKR Terminal to help analyze great businesses, follow top investor portfolios, and help monitor my portfolio (referral link): http://tikr.com/theartofvalueDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision. Hosted on Acast. See acast.com/privacy for more information.