The Patient Investor

"Same thing with Tesla. If you own a large percentage in Tesla, Tesla has an Elon Musk premium. What if something happens to Elon Musk? Then what happens to Tesla? And you're overexposed. So that's an unknown event."

"One stock I can speak of is 3M. 3M had a the PFAS, Forever Chemicals lawsuit. Some of you guys have heard of it, but it's some kind of chemical that used to treat water. And 3M is like a like a like a American blue chip company. It came out in 2018. Since 2018, after this unpredictable, unknown lawsuit, the stock went down 66% into 2023. And since then it has yet to reach its 2018 high. So that was an unknown event."

"he was like 25% FICO 19% S&P global 19% Moody's this is a highly concentrated portfolio"

"he was like 25% FICO 19% S&P global 19% Moody's this is a highly concentrated portfolio"

"A stock I could talk about, for example, is Robin Hood. Robin Hood, I bought it at $32 in April of last year. The stock went up 30 like 30% to its peak. After 330%, the stock went down on me like 55% to $70. And I did buy the dip on Robin. I was so excited to buy Zip on Robin Hood. Since then, it recovered."

"I would say Nike right now is not a bad buy. If you have a 5, seven-year horizon, I think the brand will likely recover"

"For me personally to buy Nike, for me to believe where it's just too cheap to ignore and I compare it to every opportunity in the market"

"Now, in terms of the valuation, it's trading at 21 times forward earnings. After hours, it's probably under 20 times earnings."

"But if you mention Adidas to them, they will tell you about their pet clothes, pet jerseys, or their China jackets."

"So this is clearly a Nike problem. It's not really a China consumer or a China you could say economic related problem."

"Now if we look at the competitors of Nike like Adidas, Adidas has actually been growing in China."

"But what's really killing Nike is the China sales. China sales have been falling pretty much every single quarter."

"Nike stock is down yet again. The stock is down 8% in the after hours. It's down 44% year to date."

"Conversely, I own Robin Hood, which I also bought last year at $32. The stock trading at 120, you know. So, that's why a lot of SoFi investors are frustrated because Robin Hood stock gets goes up."

"Now, the second stock that I own that's been a disaster so far is SoFi. I initially bought SoFi last year at $15."

"You could look at the 10-year yield versus McDonald. Every time the 10ear yield goes up, McDonald goes down."

"This is why I did not buy Melly. I told you guys Mele is an amazing company but if Mercur didn't have that loan book I I would have bought it today tomorrow."

"This is what Uber did initially. This is what Amazon did. This is what Mercado Liber is doing and and over there."

"They don't have as much risk as they have Uber has in the United States in terms of competition from Lyft and from Tesla and Whimo."

"They don't have as much risk as they have Uber has in the United States in terms of competition from Lyft and from Tesla and Whimo."

"Uh, Grab, you could say, is the Uber of Southeast Asia."

"The first one is Grab. I haven't talked about Grab in a while. The stock is down 38 and a half% year to date."

"For example, McDonald's owns a lot of real estate from 20, 30 years ago, but the cost of whatever they paid for, let's say they paid 200,000 20 years ago, it's still valued at 200,000 on their balance sheet."

"So, you have Toll Brothers, they focus on higher-end homes, $900,000 to a million dollars for an average sale price. But then you have Lennar, which I think is in the four or five hundred thousand dollar range."

"And aside from Taylor Morrison, they've been investing in Lennar, which is another home builder in the United States. It's mainly a mid-tier home builder. So, you have Toll Brothers, they focus on higher-end homes, $900,000 to a million dollars for an average sale price. But then you have Lennar, which I think is in the four or five hundred thousand dollar range. I bought homes from Lennar before. They're just a really good builder. I mean, decent quality stuff. People trust Lennar. And they inv"

"Google right now, I think, is their third largest position after Bank of America."

"And another 6.8 billion in Taylor Morrison. Google right now, I think, is their third largest position after Bank of America. And aside from Taylor Morrison, they've been investing in Lennar, which is another home builder in the United States."

"Last one is Meta. Meta, I've been talking about it a lot, and I did a video on Meta like 2 days ago, so I'm not going to talk about Meta too much. Meta, I would also put it in the weight category."

"The other one is Microsoft. Microsoft, I own Microsoft. I talked about Microsoft. I really love Microsoft, but I would also put Microsoft in the wait category."

"In Nvidia, I would put it in the buy category, 100%. The stock is too cheap for the quality of the business, for the CEO, world-class CEO Jensen Huang, one of the best in the business in my opinion."