Mark is my favorite analyst and does extraordinary research on markets. He has seen multiple boom and bust cycles so if theres anyone you want to listen to on tech, media, telecom, its Mark at ISI.

In this year end episode we talk about:

Meta, Amazon, Google, Uber, Lyft, Booking, AI, Expedia, Pinterest, and Grab.

"The year of efficiency has turned into multiple years of efficiencies...we expect this to continue...plus AI implementations driving better ROAI". Great margin stability and expansion.

You NEED to have his book on your desk: "Nothing But Net"

Amazon: https://a.co/d/5HfAWMp

For more information on investing in the greatest brands the world has ever seen:

https://www.globalbrandsmatter.com/dynamic-portfolio

If you're not using the QUARTR app for all earnings calls and research, you need to subscribe today. 1 app for all the company news and earnings and conference appearances. Heres a AI 1-1 podcast convo using their recent deep dive on Live Nation, the leader in Live Events.

AI podcast chat on MS Counterpoint

Lets let Googles NotebookLM disect the GS luxury goods report where they upgrade Moncler and Prada, 2 top global brands to buy. We agree and own LVMH, Hermes, L'Oreal as well.

Summary points in 1-1 AI chat using recent MS/GS info. Electricity producers, renewable energy leaders have the ultimate pricing power and the world is under-powered, grids are overloaded and AI power needs are taxing the system. Enter NEE!

Great AI 1-1 podcast chat covering the MS fireside chats across P&G, Celsius, Colgate, Constellation Brands, Coke

Great summary from MS on CRM and their strong quarter and most importantly, their guide and the trends happening in AI through digital workforces and Agentforce.

For more information on investing in leading brands:

https://www.globalbrandsmatter.com/dynamic-portfolio

Good AI summary of ADBE and its current situation, the stock has turned in a rare few year lagging performance period. Is this the start of a greater decline or an opportunity? Lets see what MS thinks.

I talk about the performance in November and YTD in the Dynamic Brands equity strategy. I focus on the high-tracking error nature of the process and portfolio and highlight the sectors top brands live in vs index weights. I cover the 24 brands we own and then dig into the current health of consumers and how holiday shopping is going. I also highlight a few new brands to the portfolio. I end with the positives and risks we see headed into 2025.

For more info about the global brands fund:

⁠https://www.globalbrandsmatter.com/dynamic-portfolio

In this monthly update I talk about the market overall, the health of the consumer, holiday spending, the dynamic Portfolio holdings, and whats been working in markets overall.

Amazon remains our top holding at 15% of the strategy.

For more information on investing in the leading global brands serving the $50T household spending and business investment theme:

https://www.globalbrandsmatter.com/dynamic-portfolio