The John Johnston Lounge

I summarize and discuss key lessons from Mohnish Pabrai’s latest presentation, Circle the Wagons, in which he emphasizes the importance of finding and protecting your very best few investments for the long term, and how to go about doing that.Related episodes:Mohnish Pabrai Talks Constellation Software & Mark Leonardhttps://youtu.be/xPI773-AE-IMohnish Pabrai on The Best Super Investor You Don't Know: Rakesh Jhunjhunwalahttps://youtu.be/XwgLnnr_nCwStan Druckenmiller Still Predicts Hard Landing Recessionhttps://youtu.be/8Ue-etn4E74Chris Mayer 100 Baggers: Stocks That Return 100 to 1!https://youtu.be/59CuGd2aAwgPeter Lynch's 2023 Advice on Buying Stocks - Rare Interviewhttps://youtu.be/sZKt5j1Rwi0Investor Li Lu Buying MORE Google Stock | Why?https://youtu.be/is9frHZaGYgThe main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664Using a referral link helps support the pod, thanks!I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link):https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581Disclaimer: 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. Hosted on Acast. See acast.com/privacy for more information.

In this episode I summarize and discuss Mohnish Pabrai’s recent comments on serial acquirer company Constellation Software, and its legendary founder CEO Mark Leonard. Pabrai had many positive things to say about the company and its future prospects. I also discuss Topicus, a recent spin-off from Constellation software. Relevant stock tickers: CSU.TO TOI.V Related episodes:Mohnish Pabrai Portfolio Update: Pabrai Buys BAM Stock! (Brookfield Asset Management)https://youtu.be/c5ivXtnz6-UMohnish Pabrai: Why I Switched from Alibaba to Tencenthttps://youtu.be/v27JsHlgPZUThe Investor’s Podcast: TIP550 Mohnish Pabrai on The Power of Compounding https://youtu.be/HR_gJ6WOe60The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664Using a referral link helps support the pod, thanks!I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link):https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581Disclaimer: 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. Hosted on Acast. See acast.com/privacy for more information.

I react to highlights from the recent Google I/O keynote presentation, which features impressive competitive technologies to OpenAI's GPT-4 and wildly popular ChatGPT. Google showcases its many new AI powered products within its existing suite of products and services, including Help Me Write in Gmail and Workspace apps, Magic Editor in Google Photos, PaLM 2 (competitor to GPT-4), Med-PaLM for the healthcare sector, next generation language model Gemini, Bard (competitor to ChatGPT), Google Search AI integration (competitor to Microsofts Bing Chat AI), and more. Timestamps:00:00 intro00:38 AI Help Me Write in Gmail01:52 AI Magic Editor in Google Photos03:23 Google PaLM 2 vs OpenAI GPT-404:34 Med-PaLM 2 for healthcare06:02 Google Brain + Google Deepmind consolidated06:26 Google Gemini - next foundation model07:30 Responsible AI 08:23 Google Bard vs OpenAI’s ChatGPT13:32 AI features in Google Workspace apps17:26 Generative AI in Google Search 23:15 Google's AI infrastructure vs Microsoft24:02 Wrapping upRelated episodes:Microsoft to Challenge Google Search Using OpenAI's ChatGPThttps://youtu.be/Vh42ZgADo5kIs OpenAI ChatGPT Disrupting Google? Founders Come Back!https://youtu.be/7dLT_CDITmgMicrosoft Bing Now Using OpenAI’s New GPT4 To Challenge Googlehttps://youtu.be/WNr9KE3nobEOpenAI ChatGPT ALREADY at $29B Valuation!https://youtu.be/PPSDBc7lx9gThe main investment brokerage I use to buy and sell international stocks is Interactive Brokers (referral link): https://ibkr.com/referral/john5664Using a referral link below helps support the pod, thanks!I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link):https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581Disclaimer: 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. Hosted on Acast. See acast.com/privacy for more information.

Famous investor Michael Burry just reported his first quarter 2023 stock holdings and he bought many stocks during the quarter, and sold out of a few. In this episode we take a look at the three main sectors he’s being buying in, and what it could mean for us.Related episodes:Michael Burry Predicts Stock Market Bottom After Bank Panichttps://youtu.be/yXkp5BhQJiwMichael Burry Has Started to BUY Cheap Stocks! What’s Burry buying?https://youtu.be/kzbuujGXTuIWarren Buffett: Banking Crisis? - Highlightshttps://youtu.be/2ysbmHbVVYsStan Druckenmiller Still Predicts Hard Landing Recessionhttps://youtu.be/8Ue-etn4E74The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664Using a referral link helps support the pod, thanks!I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link):https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581Disclaimer: 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. Hosted on Acast. See acast.com/privacy for more information.

Warren Buffett, CEO of Berkshire Hathaway and perhaps the greatest investor of all time, recently hosted the Berkshire Hathaway Annual Shareholder Meeting with fellow legendary investor and long-time business partner Charlie Munger. In this episode I react to highlights about how they are thinking about future investing opportunities for us and for Berkshire; one investor is more optimistic than the other.Related episodes:Berkshire AGM 2023 Highlights: Warren Buffett on Elon, EVs, Applehttps://youtu.be/V6SGsxYN7twStan Druckenmiller Still Predicts Hard Landing Recessionhttps://youtu.be/8Ue-etn4E74Howard Marks Says Historic Stock Market Sea Change Has Begunhttps://youtu.be/ie_4N3v-cDsUsing referral links helps support the pod, thanks!The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link):https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581Disclaimer: 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. Hosted on Acast. See acast.com/privacy for more information.

Warren Buffett, CEO of Berkshire Hathaway and perhaps the greatest investor of all time, recently hosted the Berkshire Hathaway Annual Shareholder Meeting with fellow legendary investor and long-time business partner Charlie Munger. During the annual six-hour Q&A, they discussed many topics, including their massive Apple shareholding, Elon Musk and electric vehicles, share portfolio concentration and more. In this episode I react to highlights from duo's Q&A.Related episodes:Charlie Munger Interview with Todd Combs - Highlightshttps://youtu.be/217e7NnDtkEWarren Buffett Interview: Banking Crisis? - Highlightshttps://youtu.be/2ysbmHbVVYsUsing referral links helps support the pod, thanks!The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link):https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581Disclaimer: 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. Hosted on Acast. See acast.com/privacy for more information.

I discuss some highlights of a recent Stan Druckenmiller interview, in which he gave his views on the difficult macroeconomic environment, bonds, the stock market, the US dollar, gold, and the hard landing recession he still sees up ahead.Related content:Stanley Druckenmiller Predicts Hard Landing Recession for 2023 https://youtu.be/VxpoJnbD8yoNBIM Annual Investment Conference 2023 – Stan Druckenmiller https://youtu.be/dXxWajc-tgIThe main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664Using referral links helps support the pod, thanks!I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link):https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581Disclaimer: 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. Hosted on Acast. See acast.com/privacy for more information.

I discuss a new and rare interview with legendary investor and former fund manager Peter Lynch. Lynch offered his thoughts on the stock market, stock picking, his winning investment strategy, and the current economic environment and bank collapses.Related content:Warren Buffett Interview: Banking Crisis? - Highlights https://youtu.be/2ysbmHbVVYsCNBC interview: Legendary investor Peter Lynch on stock picking: 'The sucker's going up' is not a good reason https://youtu.be/U-6fv09KCDwRecommended books: One Up On Wall Street: How To Use What You Already Know To Make Money, by Peter Lynch https://amzn.to/3Nyo3FDAdditional Peter Lynch book titles: https://amzn.to/3p574klUsing referral links helps support the pod, thanks!The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link):https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581Disclaimer: 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. Hosted on Acast. See acast.com/privacy for more information.

I discuss part of a recent CNBC interview with Warren Buffett, in which the legendary investor gave his thoughts on how The Fed and Jerome Powell have handled the US economy during the eventful past few years.Related content:Warren Buffett Interview: Banking Crisis? - Highlightshttps://youtu.be/2ysbmHbVVYsThe Art of Value Playlist: Warren Buffett Interview Japan 2023https://youtube.com/playlist?list=PLrNjj1l3MS7URe9G756NDGGqpXnEU-bSTWarren Buffett-recommended reading: Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic - and Prevented Economic Disaster (refferal link) https://amzn.to/3oLpB4PCNBC interview clip: Warren Buffett on the Fed: Jerome Powell has been terrifichttps://www.cnbc.com/video/2023/04/12/warren-buffett-on-the-fed-jerome-powell-has-been-terrific.htmlThe main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664Using a referral link helps support the pod, thanks!I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link):https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581Disclaimer: 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. Hosted on Acast. See acast.com/privacy for more information.

I discuss part of a recent CNBC interview with Warren Buffett in Japan, in which the legendary investor gave his thoughts on a potential repeat of the US banking crisis, and on the recent Silicon Valley Bank and US regional bank troubles. Buffett talks about the importance of having public confidence in the banks, and backstops for all US bank deposits. Related content:The Art of Value Playlist: Warren Buffett Interview Japan 2023https://youtube.com/playlist?list=PLrNjj1l3MS7URe9G756NDGGqpXnEU-bSTEpisode 1: Warren Buffett Talks ChatGPT and AI | My Responsehttps://youtu.be/PnYNFRVz5DMCNBC interview clip: Warren Buffett on banking crisis fallout: No one is going to lose money on deposits in the U.S.https://youtu.be/zpPcx1BsxNEThe main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664Using a referral link helps support the pod, thanks!I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link):https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581Disclaimer: 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. Hosted on Acast. See acast.com/privacy for more information.