Asymmetric Investing by Travis Hoium

"If Hims and Hers is able to become the global platform for healthcare, that is where this isn't just a 7.9 billion company. This is a trillion dollar plus company."

"Netflix was not profitable until the moment that they were when they were able to turn the screws a little bit on those suppliers, raise their prices just a little bit."

"So, you add all of that up and you look at a company trading for three and a half times sales. I think that is an absolute steal."

"You're also disintermediating some of those other pieces of the market, the pharmacies of the world, the CVS, the Walgreens of the world, even prescribing doctors."

"You've seen Eli Lilly's products now on Hims and Hers."

"So you've seen their partnership with Novo Nordisk. That is not a coincidence."

"And if you come in for ED or you come in for weight loss, you find out, you know what, there's some dermatology solutions that may work for me. Mental health, hormones, labs, these specializations are expanding."

"including him and hers, my biggest position in that portfolio, showing you exactly what I'm buying every single month."

"This is a company that could be the Netflix of healthcare."

"Hims and Hers is the company revolutionizing healthcare and that's presenting a 10x, maybe even 100x opportunity for investors."

"I love where Lyft is sitting in the market. I think it's very overlooked right now. Great valuation, a lot of growth in that mid teens is what we're expecting them to grow in 2026 and beyond."

"When you look at the valuation of companies like Waymo or like Zoox, which is now under Amazon. Even Mobileye, who is trying to vertically integrate their business and as they're going to be launching their own vehicles over the next year or two."

"Waymo. Waymo is actually exiting some of their partners partnerships with Uber in Phoenix in particular. Nvidia, May Mobility, Mobileye."

"Waymo. Waymo is actually exiting some of their partners partnerships with Uber in Phoenix in particular. Nvidia, May Mobility, Mobileye."

"One of the things that I look at with Lyft is number of active riders. Okay, so how many active riders are there on Lyft's platform? 28.3 million."

"Not as big as Uber. So that is the downside. This is not the leader in the industry. I do own shares of both Uber and Lyft in the Asymmetric portfolio."

"The company that I'm talking about is Lyft. Today I'm going to go over why this is one of the stocks that I'm going to be buying in the asymmetric portfolio in the month of June."

"Longterm, I think this is going to be the operating system for restaurants, may even move into places like grocery stores. Lots of growth runway ahead for them in a reasonable multiple. So if you have a long-term time horizon, I think Toast is going to be one one of those stocks that you want to own, just buy and hold because it's going to be prevalent everywhere."

"I was actually an early user of Toast in a restaurant that I started and this is one of the best platforms that I've seen."

"But look, the enterprise value under $5 billion right now. Price earnings multiple on a forward basis is seven. Seven for a company that's growing still in the mid- teens. Price to free cash flow is about five. They're buying back stock. They're acquiring companies to expand their business internationally. Love the value play for Lyft. But I own both of these in a basket in the Ace Metro portfolio because I think owning both of them just gives you exposure to both the leader in the industry whic"

"The third one is my biggest holding. This is Hims and Hers. Hims and Hers is one company that I think is going to be a household name in the medical industry come five even 10 years from now."

"Lyft, a little bit different business, a much smaller business. They are going to be focused mainly just on that rides business, not so much on other things."

"Customers choose to go to the Uber app. That is the power that they have in the market."

"That's Uber. I'm actually give you a twofur here. I think Uber and Lyft are both really good buys."

"That's Uber. I'm actually give you a twofur here. I think Uber and Lyft are both really good buys."

"So love what I'm seeing from SoFi. He continues to buy the dip and they obviously sell stock when the stock is really expensive, too."

"So, I like everything that I'm seeing from SoFi and the valuation right now is pretty attractive as well."

"At just a really high level, this is exactly what you want to see from a company. And SoFi is going to be growing faster than most banks because it has a lot of exposure to financial services, which doesn't need the same capital as lending money for buying homes or for business purposes, those kinds of things."

"That is SoFi. It's got all the information that you need, all your valuation metrics, compound annual growth rates."

"Another one that may not be on your AI list is Zillow. I'm going to actually get to how they're talking about artificial intelligence in just a second, but Zillow, 2.4 time sales."