Value Investing with Sven Carlin, Ph.D.

"Lost the patience also on Herz."

"made money on Hilton, made money on Chipotle, lost money on Universal despite offering double the current market price in a takeover."

"also mentioned he lost money on Nike, made money on Hilton, made money on Chipotle, lost money on Universal despite offering double the current market price in a takeover."

"also mentioned he lost money on Nike, made money on Hilton, made money on Chipotle, lost money on Universal despite offering double the current market price in a takeover."

"also mentioned he lost money on Nike, made money on Hilton, made money on Chipotle, lost money on Universal despite offering double the current market price in a takeover."

"but keep in mind Buffett bought Moody's at a P ratio of 10 perhaps wait for the next crisis"

"AI bets, that's for sure. SAP Global, Mastercard, Visa, okay, those are perhaps not that SPGI."

"restaurant brands, Netflix that we also discussed in a video getting very interesting. See how the risk and reward fits you."

"I don't do pharmaceuticals so I can't help you much with Alcon. They're doing their business growing steady growth with buybacks with everything should be in the double digit."

"Same situation for intercontinental exchange company that has been compounding has a mode you cannot avoid it sees strong growth business momentum growth everything annualized stock return in the mid20s if all goes as planned."

"The market is expected both for Visa and Mastercard to grow as people use more cards."

"Then we have the new buys Visa P ratio 30 he bought at a lower P ratio you see the dip here on the chart again good company Great company, of course, the toll taker of the financial world. The market is expected both for Visa and Mastercard to grow as people use more cards."

"meta another one of his AI guy bets. We discussed this in a video. We'll put all the links to the videos in the description below. He sees as growing earnings 20% over per year over the next few years. If we put 20% in our table here is meta then yes I put 8% growth on a terminal pay ratio of 20 and that is still gives you a good intrinsic value compared to the stock price which makes meta cheap on a very conservative rate. If we go to Billman's 20% and then 10% on a P ratio, then Meta stock cou"

"I think restaurant brands, we discussed it in this video. Wake me up at a higher dividend yield even if it's not bad now. but he wants the P ratio go from 20 to 30 make 50% 2X on buybacks things like that it might happen but with these businesses I would need more safety I think so it's just a buybacks earnings per share growth and then valuation expansion but he knows the business well so he thinks it should be repriced but that's just relative investing in my opinion"

"Another bet of course he bought a little bit cheaper Amazon if you look at the numbers it looks great it grows AWS huge growth there revenue growth 20% 30% everything looks great compounding at 20% tailwinds from AI if we go to Amazon intrinsic value here we have it let's see here I see I made a mistake a little bit if we go to growth rates 15 10% discount rate terminal multiple then we are just a little bit below the intrinsic value if we grow at 20% and 10 15% and then have a higher P ratio th"

"Microsoft Bill's position also estimated growth on AI. We discussed this in a few videos. If 70% of revenues of growth are from just two customers, you understand the circle of financing. For me, it is too risky."

"We discussed Uber yesterday. You can find the link in the description below. Very very interesting risk and reward situation. See how it fits your portfolio. Let's go by strategy. Uber every company the top companies that Billman owns"

"It looks like Uber will compound. From a value investing perspective, it's not for me because I'm just lacking the margin of safety."

"It's the same with electrical vehicles. Only when Tesla really did it in 2019, all the others entered the market and now six years later or seven, nobody made any money."

"The question is does it have a mode? To have a mode you need to have regulation backing so that they can keep long-term profits for now they don't have it."

"When we go to the comparative table, it is the best investment out there except for crazy risky charter. But this is really clear why this is Amman's biggest bet and also Wall Street is very positive on it."

"approximately 2 billion of stockbased compensation for Uber, but if you look at the number of shares declining, the decline rate is just 1.5%."

"If they can build that, the upside is big. They are partnering with Lucid, Vern, for example, also in Croatia."

"So Uber is on pace to grow 45% this year. The autonomous vehicle might be integrated with Uber or be a concern, but given the scale it already has, the business is going on, the business is growing, it might be more a positive than not."

"It looks like Bill is always in the search for the next Amazon. Of course, we all are Uber might be the next Amazon of logistics, delivery, and of course, the basis, the drive."

"Today I want to focus a little bit on strategy and go in detail into Uber because it's a very positive risk and reward investing situations beman position"

"one of his last buys was OxyChem from Occidental."

"Occidental, things like that."

"Bank of America"

"8% was the yield on the loan to Goldman Sachs"