The John Johnston Lounge

The late super investor Charlie Munger has posthumously sold a substantial percentage of Alibaba stock, which was part of the Daily Journal Corp portfolio he managed. Did he leave instructions to sell BABA stock, or not? We also look at exactly what Charlie Munger said about his BABA stock holding before his death, and investing in China in general. See Timestamps below:00:28 Charlie Munger’s Daily Journal Corp portfolio changes02:11 Charlie Munger on his Alibaba stock investment05:26 Charlie Munger on investing in ChinaRelated episodesAlibaba Stock: Is The Bottom In? Chairman Joe Tsai Interview!https://youtu.be/eZ4x8z2qjIIAlibaba Stock Earnings Summary + My Opinion | BABA Stockhttps://youtu.be/TJnjxv8LNL0The Art of Value Alibaba Stock Playlist:https://youtube.com/playlist?list=PLrNjj1l3MS7XjzElr0IE-E5uw5eAAtmmU&si=UX7hocmkh-Nx0fjEI use TIKR Terminal to help analyze great businesses, follow top investor portfolios, and help monitor my portfolio (referral link): http://tikr.com/theartofvalueJoin The Art of Value Patreon for exclusive content and to support the channel: 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.

In this episode we take a look at the news that sent Spotify stock up over 8% in one trading session, and I give my long term thoughts on the company. See below timestamps:00:00 Spotify stock recent and past price action03:05 Latest Spotify news09:27 My reactions to the news on mainstream finance media13:47 Some Spotify financial metricsRelated videoSpotify Stock: Q4 2023 Earnings Live | Spotify Stock Analysis https://www.youtube.com/live/ywMJ3pvl2qAI 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=2c95d5930bb2537b2e0265075fb66581Join The Art of Value Patreon for exclusive content and to support the channel: 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.

Is it time to buy the multi-year TSLA stock dip? I react to some Tesla news clips about the disappointing delivery numbers for Q1, and give my opinion on the situation Tesla finds itself in. How low will Tesla stock go this time, and is it worth buying the Tesla stock dip now? See below timestamps:00:27 Tesla stock recent price action01:21 Tesla deliveries news: down 8.5% from a year ago08:42 Analyst Dan Ives on Tesla’s Q1 delivery result12:54 Where to from here? A buy the dip moment?Related episodes:Tesla Stock: Is Tesla In Trouble?! https://youtu.be/lLqH06cXJYMTesla Stock Investors Must Know About Tesla Bot & Humanoids https://youtu.be/dlBYMSQ-LFEReference videos:CNBC: Tesla shares fall after deliveries drop 8.5% from a year ago https://youtu.be/4aHODcR_b7cCNBC: Tesla: Here's why Wedbush analyst Dan Ives has an outperform rating on the stock https://youtu.be/esVqOo5DjDcCNBC: Tesla falls on Q1 deliveries misshttps://youtu.be/ZzfUDLEo3REI use TIKR Terminal to help analyze great businesses, follow top investor portfolios, and help monitor my portfolio (referral link): http://tikr.com/theartofvalueJoin The Art of Value Patreon for exclusive content and to support the channel: 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.

My small cap and mid-cap stock portfolio shown in this episode returned over 30% in the first quarter of 2024, which is more than triple the return of the S&P 500 and the NASDAQ indices for the period. I walk through the 8-stock portfolio to show how this happened. See below timestamps:00:15 Stock portfolio performance01:46 Stock 1: Topicus04:36 Stock 205:25 Stock 306:10 Stock 4 07:46 Stock 5 08:54 Stock 6: Tiny Ltd10:47 Stock 7 11:36 Stock 8Join The Art of Value Patreon for exclusive content and to support the channel: ⁠https://www.patreon.com/TheArtofValue⁠Related episodes Next Compounding Beast? Constellation Software Spinoff Topicus https://youtu.be/5O2srvIx_AQMohnish Pabrai Buys PayPal + These Stocks for Wagons Fund  https://youtu.be/dr75eoQRvcYA Next Gen Warren Buffett? Tiny's Andrew Wilkinson https://youtu.be/-fs9P_phqfQI use TIKR Terminal to help analyze great businesses, follow top investor portfolios, and help monitor my portfolio (referral link): http://tikr.com/theartofvalueThe main investment brokerage I use to buy international stocks, and to hold cash, 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.

This episode is an edit of my latest Patreon-only weekly update, to give a taster of some of the exclusive content provided there. This week: additional thoughts on the week’s episodes on Mohnish Pabrai and Alibaba stock, the Reddit IPO, and 2 new portfolio stocks, and more.Related episodes:Why Alibaba is Scrapping Cainiao IPO | BABA Stockhttps://youtu.be/ClE-h5223FQMohnish Pabrai: “Be A Shameless Cloner Like Me”https://youtu.be/VC--Atki3TUMohnish Pabrai: Why Great Stock Ideas Are Rarehttps://youtu.be/cIasDBIkoM0Join The Art of Value Patreon for exclusive content and to support the channel: 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 Alibaba is scrapping the previously planned IPO of its large logistics unit Cainiao, and is planning to acquire the remaining stake it does not own. See below timestamps:00:14 Cainiao IPO withdrawal and share acquisition news01:46 Recent BABA stock price action02:40 Investing for strategic growth 08:15 Cainiao segment financial results - revenue growth09:07 Mainstream financial media take on the newsRelated episodes:Alibaba Stock: Is The Bottom In? Chairman Joe Tsai Interview! https://youtu.be/eZ4x8z2qjIIAlibaba Stock Earnings Summary + My Opinion | BABA Stock https://youtu.be/TJnjxv8LNL0Join The Art of Value Patreon for exclusive content and to support the channel: 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 respond to parts of recent Mohnish Pabrai Q&As, in which Pabrai discusses his concept of being a shameless cloner investor, and how to go about it successfully. Shameless cloning means a lot more than just copying the stock buys of great investors. See below timestamps:00:34 How to be a good shameless cloner investor04:32 Circle of competence and market mispricings07:51 Knowing which rabbit holes to go down11:25 There’s always a bear market with opportunity somewhere Related episodes:Mohnish Pabrai: Why Great Stock Ideas Are Rarehttps://youtu.be/cIasDBIkoM0Mohnish Pabrai Buys PayPal + These Stocks for Wagons Fundhttps://youtu.be/dr75eoQRvcYReference videos:Mohnish Pabrai's Session with Columbia Business School (CSIMA) on February 14, 2024https://youtu.be/ZrJA8q5YixgMohnish Pabrai's Q&A at London School of Economics on January 30, 2024https://youtu.be/1xpY7-uyPqoJoin The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValueI use TIKR Terminal to help analyze great businesses, follow top investor portfolios, and help monitor my portfolio (referral link): http://tikr.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/?r=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 respond to a recent Mohnish Pabrai Q&A with Columbia Business School students, in which Pabrai discusses just how rare truly great investment ideas are, and how some of the greatest ever investors, Warren Buffett and Charlie Munger, learnt to find them over time.Related episodes:Mohnish Pabrai Buys PayPal + These Stocks for Wagons Fund https://youtu.be/dr75eoQRvcYMohnish Pabrai Warns: Don’t Compete With Elon & Tesla https://youtu.be/8gCgf383e4EWhy Mohnish Pabrai Sold Micron Technology Stock | MU Stock https://youtu.be/snHXxif4bmIReference video:Mohnish Pabrai's Session with Columbia Business School (CSIMA) on February 14, 2024 https://youtu.be/ZrJA8q5YixgJoin 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 video by Paul Gabrail from Everything Money, in which he discusses his recent short-selling mistake: going short Nvidia stock during the current AI stock exuberance. Then we look at what super-investors Warren Buffett and Charlie Munger have said about short selling stocks. See below for timestamps:00:32 Paul Gabrail on his shorting Nvidia mistake08:25 Warren Buffett and Charlie Munger on short selling stocksRelated episodes:Aswath Damodaran: Nvidia Stock “Priced To The Point of Insanity” https://youtu.be/DCI9iQC_hvsIs Nvidia Stock A Buy? 10 Well Known Investors Answerhttps://youtu.be/d-1Dz7r10LwWhy This Fund Manager Says NEVER SELL Nvidia Stockhttps://youtu.be/sCIDBcdX4eYReference video:Everything Money: I Lost Millions So You Don't Have To https://youtu.be/MrNk-D6iv2UJoin 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.

Nvidia stock (NVDA stock) has had a meteoric rise recently, so is the stock in a bubble or is it still a buy? Is it too late to buy Nvidia stock? Many well known investors, YouTuber retail investors, professional fund managers, and stock analysts, give their answers in this episode, including: Stanley Druckenmiller, Mohnish Pabrai, Professor Aswath Damodaran, ARK Invest’s Cathie Wood, Financial Education Jeremy Lefebvre, Josh Brown, Stacy Rasgon, Chris Camillo and the Dumb Money guys. See below for Timestamps:00:00 Jensen Huang - President and CEO of NVIDIA00:26 JJ from The Art of Value - Intro00:45 Stanley Druckenmiller02:56 Chris Camillo & Dumb Money 08:23 Jeremy Lefebvre - Financial Education YouTuber12:04 Aswath Damodaran, Josh Brown, Stacy Rasgon19:18 Cathie Wood - CEO & CIO of ARK Invest23:08 Mohnish PabraiRelated episodes:Why This Fund Manager Says NEVER SELL Nvidia Stockhttps://youtu.be/sCIDBcdX4eY?si=06X6WE4gsnVJeAzAAswath Damodaran: Nvidia Stock “Priced To The Point of Insanity”https://youtu.be/DCI9iQC_hvs?si=0RHceD6O0ZzJV0n93-5 Year Bull Market? Response to Jeremy Lefebvrehttps://youtu.be/EKmIj6WAdkw?si=wZseObO3Ovg504brWhy Druckenmiller Owns Nvidia Despite "Nosebleed Territory"https://youtu.be/QP496jwcumk?si=JEag6zdjJTLWpddnJoin 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.