Deep Values: Value Investing Deep Dives

Li Lu argues that the US-China AI race will be decided by where top talent chooses to live and work, more than by compute alone. We use a deep value lens on his thesis, covering a 1951 immigration quota that helped hand China a rare earth monopoly, the 95% of chip fabrication done in East Asia, and why recursive self-improvement in AI could break traditional ways of estimating intrinsic value.

Chapters

(0:00) The Macro Intersection

(0:40) Economic Gravity Shifts East

(2:03) The Making of a Value Investor

(4:21) Integration: The Widest Moat

(5:40) Asian-American Prosperity Paradox

(8:01) Cost of Geopolitical Paranoia

(11:54) Interdependent Tech Monopolies

(12:15) AI Battleground: Human Capital

(12:36) Interdependent Tech Monopolies

(14:26) The Inevitability of Coexistence

(15:45) Economic Gravity Shifts East

(16:26) Technology: From Tool to Creature

(19:57) Directives for Long-Term Capital

(21:00) DeepValues Tools and Apps

(22:39) Get the free apps

DeepValues toolkit

• DeepValues for iOS, intrinsic value and margin of safety for any stock: https://apps.apple.com/us/app/deepvalues/id6775568608

• Is the market overvalued? Track it with Buffett Indicator (iOS): https://apps.apple.com/us/app/buffett-indicator/id6747404614

• The same market gauge on Android, Bubble Watch: https://play.google.com/store/apps/details?id=com.luluventures.buffett&referrer=utm_source%3Dspotify%26utm_medium%3Ddescription%26utm_campaign%3Dinvestor

• Open-source research on 300+ companies: https://research.deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=li_lu_on_human_capital_and_ai

• Deep Value Intelligence, the multi-agent AI analyst: https://deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=li_lu_on_human_capital_and_ai

• Developer API for your AI agents: https://app.deepvalues.ai/developers?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=li_lu_on_human_capital_and_ai

Deep Value Intelligence audits the numbers behind the headlines with a Graham-Dodd / Buffett lens: valuation discipline, cash generation, balance-sheet safety and return on capital. Don't guess. Calculate.

• This episode on YouTube: https://youtu.be/ukkOjYjv2Ss

Subscribe: https://youtube.com/@TheDeepValues?sub_confirmation=1

Podcast (Deep Values): Spotify https://open.spotify.com/show/2XDn2NMbbfvrJiqk9xAqR9 · Apple Podcasts https://podcasts.apple.com/us/podcast/id1811057697

Mark Cuban says AI hyperscalers are borrowing more than they bring in as cash flow to build data centers, while a one-cent earnings miss can wipe 18% off a stock. We run his warning through a Graham-Buffett filter covering cash flow, cost of capital and moats, and look at what patience means when U.S. interest costs run near $1 trillion a year.

Chapters

(0:00) Macro Thesis: The Illusion of Value

(0:39) Perceived vs. Intrinsic Value

(0:59) Macro Thesis: The Illusion of Value

(1:58) Perceived vs. Intrinsic Value

(4:39) The Hyperscaler Debt Bubble

(6:43) Bear Case: Macro Pressure Points

(8:07) The Hyperscaler Debt Bubble

(8:30) Competitive Position: The Cognitive Moat

(13:29) Cuban's Business Fundamentals

(14:28) The Intelligent Investor's Playbook

(16:34) Evidence: Numbers Over Narrative

(17:13) Cuban's Business Fundamentals

(17:34) Apps for Value Investors

(17:48) Get the free apps

DeepValues toolkit

• Is the market overvalued? Track it with Buffett Indicator (iOS): https://apps.apple.com/us/app/buffett-indicator/id6747404614

• The same market gauge on Android, Bubble Watch: https://play.google.com/store/apps/details?id=com.luluventures.buffett&referrer=utm_source%3Dspotify%26utm_medium%3Ddescription%26utm_campaign%3Dmarket

• Open-source research on 300+ companies: https://research.deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=mark_cuban_warns_of_ai_debt_bubble

• Deep Value Intelligence, the multi-agent AI analyst: https://deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=mark_cuban_warns_of_ai_debt_bubble

• DeepValues for iOS, intrinsic value and margin of safety for any stock: https://apps.apple.com/us/app/deepvalues/id6775568608

• Developer API for your AI agents: https://app.deepvalues.ai/developers?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=mark_cuban_warns_of_ai_debt_bubble

Deep Value Intelligence audits the numbers behind the headlines with a Graham-Dodd / Buffett lens: valuation discipline, cash generation, balance-sheet safety and return on capital. Don't guess. Calculate.

• This episode on YouTube: https://youtu.be/bWArqXmClOs

Subscribe: https://youtube.com/@TheDeepValues?sub_confirmation=1

Podcast (Deep Values): Spotify https://open.spotify.com/show/2XDn2NMbbfvrJiqk9xAqR9 · Apple Podcasts https://podcasts.apple.com/us/podcast/id1811057697

Disclaimer: educational and research content only. Not investment advice. Based on public sources that may be revised or interpreted differently. Do your own due diligence.

Mohnish Pabrai finds a well-researched stock idea, then gives himself 30 minutes to find a reason to drop it, followed by a 200-question checklist where 40 to 50 questions are about debt. Learn how he separates risk from uncertainty, why he wants his money back in 2 to 4 years, and why his biggest mistake was selling a winner too early.

Chapters

(0:00) Extreme Unreasonableness

(0:37) Three Checks to Discard Fast

(1:18) Extreme Unreasonableness

(1:57) Fishing Where the Fish Are

(3:19) Three Checks to Discard Fast

(4:00) The 200-Question Checklist

(5:38) The 700-Year Moat

(8:28) Reysas and the Tomato Arbitrage

(9:06) The Danger of the Pitch

(10:05) Outlier Managers: Energy and Creativity

(11:03) Reysas and the Tomato Arbitrage

(13:33) How Fast Is My Money Back

(14:58) IPSCO and Consol Energy

(18:06) Low Risk, High Uncertainty

(18:47) Power Laws and the 10% Rule

(19:31) Selling Ferrari Too Early

(20:10) The Philosophy of Enough

(21:09) Low Risk, High Uncertainty

(21:28) Apps and Research Tools

(21:47) Get the free apps

DeepValues toolkit

• DeepValues for iOS, intrinsic value and margin of safety for any stock: https://apps.apple.com/us/app/deepvalues/id6775568608

• Is the market overvalued? Track it with Buffett Indicator (iOS): https://apps.apple.com/us/app/buffett-indicator/id6747404614

• The same market gauge on Android, Bubble Watch: https://play.google.com/store/apps/details?id=com.luluventures.buffett&referrer=utm_source%3Dspotify%26utm_medium%3Ddescription%26utm_campaign%3Dinvestor

• Open-source research on 300+ companies: https://research.deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=mohnish_pabrai_s_30_minute_stock_destruc

• Deep Value Intelligence, the multi-agent AI analyst: https://deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=mohnish_pabrai_s_30_minute_stock_destruc

• Developer API for your AI agents: https://app.deepvalues.ai/developers?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=mohnish_pabrai_s_30_minute_stock_destruc

Deep Value Intelligence audits the numbers behind the headlines with a Graham-Dodd / Buffett lens: valuation discipline, cash generation, balance-sheet safety and return on capital. Don't guess. Calculate.

• This episode on YouTube: https://youtu.be/27mUf1sMLGM

Subscribe: https://youtube.com/@TheDeepValues?sub_confirmation=1

Podcast (Deep Values): Spotify https://open.spotify.com/show/2XDn2NMbbfvrJiqk9xAqR9 · Apple Podcasts https://podcasts.apple.com/us/podcast/id1811057697

Warren Buffett spent decades avoiding complex tech, so why does Berkshire now hold a $28B Alphabet stake that he says isn't even among his favorite businesses? We look at the $400B cash pile, the 4% Treasury hurdle, Google's ROIC, its $150B net cash and its moat to see the logic, and the risks.

Chapters

(0:00) The $28B Anomaly

(1:42) The Catalyst: A Massive Allocation

(3:42) The Old vs New Question

(5:37) The ROIC Compounding Engine

(9:27) The $150B Shock Absorber

(11:36) The CapEx Weaponization Matrix

(12:20) The Toll Bridge Moat

(13:19) The Time Arbitrage Advantage

(15:49) The $150B Shock Absorber

(17:33) The Catalyst: A Massive Allocation

(18:17) Risks, Sizing and Reality Check

(19:16) The Intelligent Investor's Toolkit

(20:41) Get the free apps

DeepValues toolkit

• DeepValues for iOS, intrinsic value and margin of safety for any stock: https://apps.apple.com/us/app/deepvalues/id6775568608

• Is the market overvalued? Track it with Buffett Indicator (iOS): https://apps.apple.com/us/app/buffett-indicator/id6747404614

• The same market gauge on Android, Bubble Watch: https://play.google.com/store/apps/details?id=com.luluventures.buffett&referrer=utm_source%3Dspotify%26utm_medium%3Ddescription%26utm_campaign%3Dinvestor

• Open-source research on 300+ companies: https://research.deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=why_warren_buffett_bet_on_google

• Deep Value Intelligence, the multi-agent AI analyst: https://deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=why_warren_buffett_bet_on_google

• Developer API for your AI agents: https://app.deepvalues.ai/developers?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=why_warren_buffett_bet_on_google

Deep Value Intelligence audits the numbers behind the headlines with a Graham-Dodd / Buffett lens: valuation discipline, cash generation, balance-sheet safety and return on capital. Don't guess. Calculate.

• This episode on YouTube: https://youtu.be/q0ztsYhVRv0

Subscribe: https://youtube.com/@TheDeepValues?sub_confirmation=1

Podcast (Deep Values): Spotify https://open.spotify.com/show/2XDn2NMbbfvrJiqk9xAqR9 · Apple Podcasts https://podcasts.apple.com/us/podcast/id1811057697

Disclaimer: educational and research content only. Not investment advice. Based on public sources that may be revised or interpreted differently. Do your own due diligence.

#WarrenBuffett #ValueInvesting #Investing

Ken Griffin says AI is filling in competitive moats with bulldozers, and he compares the GPU build-out to the dark-fiber telecom bust of 2000. We look at what that means for free cash flow, asset lifespans, discount rates and your margin of safety, using a Graham-Buffett lens.

Chapters

(0:00) The Macro Ledger: AI and Fiscal Reality

(1:47) Bulldozing White-Collar Moats

(4:43) ROI Tension: Foundation Models vs Efficiency

(5:39) Bubble Watch: The Overcapacity Pricing Trap

(10:24) The Enduring Value of Fundamental Research

(11:23) The Reason Number Ten Sell-Off Framework

(15:05) The $40 Trillion Deficit Headwind

(16:05) Governance Arbitrage: Miami vs the Old Guard

(17:08) The $40 Trillion Deficit Headwind

(18:09) Growing Our Way Out

(19:30) The DeepValues Playbook

(20:49) ROI Tension: Foundation Models vs Efficiency

(21:33) Apps for Intelligent Value Investors

(21:45) Get the free apps

DeepValues toolkit

• DeepValues for iOS, intrinsic value and margin of safety for any stock: https://apps.apple.com/us/app/deepvalues/id6775568608

• Is the market overvalued? Track it with Buffett Indicator (iOS): https://apps.apple.com/us/app/buffett-indicator/id6747404614

• The same market gauge on Android, Bubble Watch: https://play.google.com/store/apps/details?id=com.luluventures.buffett&referrer=utm_source%3Dspotify%26utm_medium%3Ddescription%26utm_campaign%3Dinvestor

• Free research reports on 300+ companies: https://research.deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=ken_griffin_on_ai_bulldozing_moats

• Deep Value Intelligence, the multi-agent AI analyst: https://deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=ken_griffin_on_ai_bulldozing_moats

• Developer API for your AI agents: https://app.deepvalues.ai/developers?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=ken_griffin_on_ai_bulldozing_moats

Deep Value Intelligence audits the numbers behind the headlines with a Graham-Dodd / Buffett lens: valuation discipline, cash generation, balance-sheet safety and return on capital. Don't guess. Calculate.

• This episode on YouTube: https://youtu.be/v60XsZBDC1E

Subscribe: https://youtube.com/@TheDeepValues?sub_confirmation=1

Podcast (Deep Values): Spotify https://open.spotify.com/show/2XDn2NMbbfvrJiqk9xAqR9 · Apple Podcasts https://podcasts.apple.com/us/podcast/id1811057697

Disclaimer: educational and research content only. Not investment advice. Based on public sources that may be revised or interpreted differently. Do your own due diligence.

Bill Gates says AI will commoditize both cognitive and physical labor over a 20-year transition, and $40 billion data centers are already being built. We look at which moats get weaker, which ones may get stronger, and what that means for estimating intrinsic value.

Chapters

(0:00) The 20-Year AI Transition

(0:40) From Scarcity to Abundance

(1:43) The Numbers and Timelines

(4:28) The Engine of Disruption

(6:16) Erosion of Labor Moats

(8:19) The Numbers and Timelines

(8:59) The Near-Term Threat Matrix

(11:23) The Regulatory Bottleneck

(12:24) Solving the Control Problem

(13:44) The Regulatory Bottleneck

(14:49) From Scarcity to Abundance

(15:32) The 20-Year Bull and Bear Case

(15:51) The Numbers and Timelines

(16:31) From Scarcity to Abundance

(17:32) The Numbers and Timelines

(18:33) The 20-Year Bull and Bear Case

(19:14) Capital Allocation in the AI Era

(20:36) Apps for Value Investors

(21:31) Get the free apps

DeepValues toolkit

• Is the market overvalued? Track it with Buffett Indicator (iOS): https://apps.apple.com/us/app/buffett-indicator/id6747404614

• The same market gauge on Android, Bubble Watch: https://play.google.com/store/apps/details?id=com.luluventures.buffett&referrer=utm_source%3Dspotify%26utm_medium%3Ddescription%26utm_campaign%3Dmarket

• Free research reports on 300+ companies: https://research.deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=bill_gates_on_ai_destroying_moats

• Deep Value Intelligence, the multi-agent AI analyst: https://deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=bill_gates_on_ai_destroying_moats

• DeepValues for iOS, intrinsic value and margin of safety for any stock: https://apps.apple.com/us/app/deepvalues/id6775568608

• Developer API for your AI agents: https://app.deepvalues.ai/developers?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=bill_gates_on_ai_destroying_moats

Deep Value Intelligence audits the numbers behind the headlines with a Graham-Dodd / Buffett lens: valuation discipline, cash generation, balance-sheet safety and return on capital. Don't guess. Calculate.

• This episode on YouTube: https://youtu.be/NgPG5TlwTts

Subscribe: https://youtube.com/@TheDeepValues?sub_confirmation=1

Podcast (Deep Values): Spotify https://open.spotify.com/show/2XDn2NMbbfvrJiqk9xAqR9 · Apple Podcasts https://podcasts.apple.com/us/podcast/id1811057697

Using Aswath Damodaran's numbers, we check why the market added $2.5 trillion in the same month the 10-year Treasury jumped to 5.29%, and why AI CapEx is pushing reported earnings well ahead of free cash flow. With the equity risk premium down to 3.70% and payouts at their lowest since 2004, the margin of safety is about as thin as it gets.

Chapters

(0:00) The AI CapEx Illusion

(0:38) The 2026 Market Paradox

(1:36) The September Rate Shock

(2:15) The Margin of Safety Paradox

(3:57) Earnings Concentration and Breadth

(4:16) The September Rate Shock

(5:00) Earnings Concentration and Breadth

(5:41) Builders vs Suppliers

(6:42) Earnings vs Free Cash Flow

(8:23) How AI CapEx Is Funded

(9:25) Payouts Hit a Two-Decade Low

(10:26) AI Bull vs Bear Case

(11:27) The Margin of Safety Paradox

(11:48) AI Bull vs Bear Case

(12:48) Markets Lead, Accounting Follows

(13:28) Structural Investing Rules

(14:09) Investor Pathways in the AI Era

(14:31) Financial and Human Capital

(14:52) Investor Pathways in the AI Era

(15:50) Financial and Human Capital

(16:46) Apps for Value Investors

(17:46) Get the free apps

DeepValues toolkit

• Is the market overvalued? Track it with Buffett Indicator (iOS): https://apps.apple.com/us/app/buffett-indicator/id6747404614

• The same market gauge on Android, Bubble Watch: https://play.google.com/store/apps/details?id=com.luluventures.buffett&referrer=utm_source%3Dspotify%26utm_medium%3Ddescription%26utm_campaign%3Dmarket

• Free research reports on 300+ companies: https://research.deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=the_hidden_value_trap_in_ai_stocks

• Deep Value Intelligence, the multi-agent AI analyst: https://deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=the_hidden_value_trap_in_ai_stocks

• DeepValues for iOS, intrinsic value and margin of safety for any stock: https://apps.apple.com/us/app/deepvalues/id6775568608

• Developer API for your AI agents: https://app.deepvalues.ai/developers?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=the_hidden_value_trap_in_ai_stocks

Deep Value Intelligence audits the numbers behind the headlines with a Graham-Dodd / Buffett lens: valuation discipline, cash generation, balance-sheet safety and return on capital. Don't guess. Calculate.

• This episode on YouTube: https://youtu.be/600IAPWYz4g

Subscribe: https://youtube.com/@TheDeepValues?sub_confirmation=1

Memory chipmakers post 80-90% gross margins and trade at two to four times forward earnings, and that cheap multiple may be a textbook cyclical value trap. We follow the money from a $60B gigawatt down to the $20B raw cost underneath and show where margin of safety really sits, and where it doesn't.

Chapters

(0:00) From Unconstrained Growth to Capital Reality

(1:46) How AI Compute Is Financed

(3:05) The Economics of a Gigawatt

(4:10) From Unconstrained Growth to Capital Reality

(5:52) The Pricing Power Spectrum

(9:58) The Value Defense Equation

(11:42) AI-Assisted Commoditization Risk

(12:44) The Economics of a Gigawatt

(14:07) Enterprise ROI and Token Consumption

(15:51) The AI Constraint Stack

(19:15) The Pricing Power Spectrum

(19:56) The Economics of a Gigawatt

(21:05) AI-Assisted Commoditization Risk

(21:44) Apps and Resources for Value Investors

(22:18) Get the free apps

DeepValues toolkit

• Is the market overvalued? Track it with Buffett Indicator (iOS): https://apps.apple.com/us/app/buffett-indicator/id6747404614

• The same market gauge on Android, Bubble Watch: https://play.google.com/store/apps/details?id=com.luluventures.buffett&referrer=utm_source%3Dspotify%26utm_medium%3Ddescription%26utm_campaign%3Dmarket

• Free research reports on 300+ companies: https://research.deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=the_value_trap_in_ai_hardware

• Deep Value Intelligence, the multi-agent AI analyst: https://deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=the_value_trap_in_ai_hardware

• DeepValues for iOS, intrinsic value and margin of safety for any stock: https://apps.apple.com/us/app/deepvalues/id6775568608

• Developer API for your AI agents: https://app.deepvalues.ai/developers?utm_source=spotify&utm_medium=description&utm_campaign=market&utm_content=the_value_trap_in_ai_hardware

Deep Value Intelligence audits the numbers behind the headlines with a Graham-Dodd / Buffett lens: valuation discipline, cash generation, balance-sheet safety and return on capital. Don't guess. Calculate.

• This episode on YouTube: https://youtu.be/WQs7F-5qoEI

Subscribe: https://youtube.com/@TheDeepValues?sub_confirmation=1

Podcast (Deep Values): Spotify https://open.spotify.com/show/2XDn2NMbbfvrJiqk9xAqR9 · Apple Podcasts https://podcasts.apple.com/us/podcast/id1811057697

Disclaimer: educational and research content only. Not investment advice. Based on public sources that may be revised or interpreted differently. Do your own due diligence.

#StockMarket #ValueInvesting #BuffettIndicator

We trace how 75 cents of every AI dollar circles between VC-backed startups and closed-model giants, then add the two liabilities the market ignores: agentic cyber risk and sovereign debt. With French yields above 5% and US deficits worse, the discount rate that anchors every valuation is moving.

Deep Value Intelligence audits the numbers behind the headlines with a Graham-Dodd / Buffett lens: valuation discipline, cash generation, balance-sheet safety and return on capital.

Don't guess. Calculate.

• Deep Value Intelligence (multi-agent AI analyst): https://deepvalues.ai

• DeepValues for iOS (intrinsic value of any stock): https://apps.apple.com/us/app/deepvalues/id6775568608

• Buffett Indicator for iOS (is the market overheated?): https://apps.apple.com/us/app/buffett-indicator/id6747404614

• Bubble Watch for Android: https://play.google.com/store/apps/details?id=com.luluventures.buffett

Podcast & channel

• Spotify: https://open.spotify.com/show/2XDn2NMbbfvrJiqk9xAqR9

• Apple Podcasts: https://podcasts.apple.com/us/podcast/id1811057697

• YouTube: https://youtube.com/@TheDeepValues

Disclaimer: educational and research content only. Not investment advice. Based on public sources that may be revised or interpreted differently. Do your own due diligence.

#valueinvesting #stockmarket #WarrenBuffett #investing #DeepValues

Steve Eisman's market wrap, read through a Graham-Buffett lens: why CoreWeave's jump to 15% debt yields, Meta's $825B of commitments and SpaceX's $29.6B quarterly capex mean tech is no longer capital-light. With rates stuck high, the fixed-income math now decides which moats survive, from AI data centers to telecom and housing.

Deep Value Intelligence audits the numbers behind the headlines with a Graham-Dodd / Buffett lens: valuation discipline, cash generation, balance-sheet safety and return on capital.

Don't guess. Calculate.

• Deep Value Intelligence (multi-agent AI analyst): https://deepvalues.ai

• DeepValues for iOS (intrinsic value of any stock): https://apps.apple.com/us/app/deepvalues/id6775568608

• Buffett Indicator for iOS (is the market overheated?): https://apps.apple.com/us/app/buffett-indicator/id6747404614

• Bubble Watch for Android: https://play.google.com/store/apps/details?id=com.luluventures.buffett

Podcast & channel

• Spotify: https://open.spotify.com/show/2XDn2NMbbfvrJiqk9xAqR9

• Apple Podcasts: https://podcasts.apple.com/us/podcast/id1811057697

• YouTube: https://youtube.com/@TheDeepValues

Disclaimer: educational and research content only. Not investment advice. Based on public sources that may be revised or interpreted differently. Do your own due diligence.

#valueinvesting #stockmarket #WarrenBuffett #investing #DeepValues