The John Johnston Lounge

I discuss part of super investor Warren Buffett’s Berkshire Hathaway annual meeting Q&A, in which Buffett said the if he were starting out investing today, with a million dollars or less, he’d be looking at small cap ideas, to be able to make high returns.

Related episodes:

Is Warren Buffett As Bearish As He Ever Gets On Stocks? https://youtu.be/bKy1fth0TME

Why is Warren Buffett STACKING HUGE CASH Right Now? https://youtu.be/BJnMzNFTRMQ

Reference video:

CNBC: Warren Buffett breaks down how he would invest if he had to start again with $1 million

https://youtu.be/v4T1oknATGU

Join The Art of Value Patreon community for exclusive content I don’t share anywhere else: https://www.patreon.com/TheArtofValue

Recommended:

The main investment brokerage I use to buy international stocks, and to hold cash at good interest rates, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664

AeroPress - Be your Own Barista. A new kind of coffee press for daily use (referral link): https://amzn.to/3WqsNBS

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I react to part of the latest Stanley Druckenmiller interview, in which the legendary super investor discusses why and when he cut his Nvidia stock holding, and his current opinion on the future of Ai technology and its impact.

Timestamps:

00:23 Where Druckenmiller cut Nvidia stock

02:17 NVDA stock price action & price targets

04:36 AI Overhyped short term, underhyped long term

07:13 Druckenmiller rhyming with Buffett

08:50 Druckenmiller invests in Perplexity 

Related episodes:

Why Druckenmiller Owns Nvidia Despite "Nosebleed Territory"

https://youtu.be/QP496jwcumk

Why is Warren Buffett STACKING HUGE CASH Right Now?

https://youtu.be/BJnMzNFTRMQ

Reference video:

CNBC: Stanley Druckenmiller: AI might be a little over-hyped now, but under-hyped long term

https://youtu.be/ByEOyyoMMtc

Recommended:

AeroPress - Be your Own Barista. A New Kind of Coffee Press For Daily Use (referral link): https://amzn.to/3WqsNBS

Join The Art of Value Patreon community for exclusive content I don’t share anywhere else: https://www.patreon.com/TheArtofValue

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I react to an investment fund manager who asserts that Warren Buffett is as bearish on the stock market as he’s ever been. Is Buffett waiting for a stock market crash to deploy Berkshire Hathaway’s huge and growing cash pile?

Related episodes 

Why is Warren Buffett STACKING HUGE CASH Right Now?

https://youtu.be/BJnMzNFTRMQ

Super Investor Warren Buffett Just Bought These Stocks

https://youtu.be/sWq33fUbl9I

Referenced video:

CNBC: Warren Buffett is now 'as bearish as he ever gets,' says Bill Smead

https://youtu.be/y6aeiAYadeA

Join The Art of Value Patreon community for exclusive content I don’t share anywhere else: https://www.patreon.com/TheArtofValue

Recommended investing books:

The Essays of Warren Buffett: Lessons for Corporate America, by Lawrence Cunningham (referral link): https://amzn.to/4bmzp8g

Berkshire Beyond Buffett: The Enduring Value of Values, by Lawrence Cunningham (referral link): https://amzn.to/4bd6VOY

Recommended product: AeroPress - Be your Own Barista. A New Kind of Coffee Press For Daily Use (referral link): https://amzn.to/3WqsNBS

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

Warren Buffett’s Berkshire Hathaway has just had its annual meeting in Omaha, and in the legendary hours-long Q&A session, super investor Buffett answered questions about why he’s hoarding so much cash instead of buying stocks. Buffett also talked about selling some of Berkshire’s Apple stock.

Timestamps:

00:26 Goal: increasing operating earnings, decreasing shares outstanding

01:37 Losing Apple conviction?

03:19 Stocks are businesses

06:03 Buying wonderful businesses at fair prices

08:11 On building Berkshire’s huge cash position

10:10 Is the stock market expensive right now?

14:02 Buying stocks: only swinging at fat pitches

Related episodes 

Super Investor Warren Buffett Just Bought These Stocks

https://youtu.be/sWq33fUbl9I

Warren Buffett's Best Rules for Investing Success

https://youtu.be/zdOVOhAXUvA

Super Investor Warren Buffett Just Said This (Latest Letter)

https://youtu.be/7WNMXGLko3M

Join The Art of Value Patreon community for exclusive content I don’t share anywhere else: https://www.patreon.com/TheArtofValue

Recommended: AeroPress - Be your Own Barista. A New Kind of Coffee Press For Daily Use (referral link): https://amzn.to/3WqsNBS

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

This is a full preview of candid thoughts from the Weekly Investing Update I post for the new Value Supporter tier on The Art of Value Patreon.

Timestamps:

00:49 Alibaba and other China tech stocks jump

01:58 How to beat the stock market

04:21 Major catalyst in this emerging sector

05:09 Starbucks stock crash and explosive CEO interview

06:49 Tesla earnings and the changing macro environment

Related episodes:

Starbucks Stock Crash: Disaster Quarter & CEO Interview

https://youtu.be/SlNlbjm6tNM

How to Beat the Stock Market (S&P 500) by Doing NOTHING

https://youtu.be/P6MgJyJNy30

Has Alibaba Stock Bottomed? Thoughts On Crashed BABA

https://youtu.be/QF-uG2cDVXg

My Thoughts On Shocker Tesla Earnings | TSLA Stock

https://youtu.be/N21AO__wkLg

Join The Art of Value Patreon community for exclusive content I don’t share anywhere else: https://www.patreon.com/TheArtofValue

Recommended: AeroPress - Be your Own Barista. A New Kind of Coffee Press For Daily Use (referral link): https://amzn.to/3WqsNBS

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

Starbucks stock (SBUX) has crashed since the latest earnings, and was declining well before that. I analyze Starbucks earnings, and then react to an explosive Jim Cramer interview with the CEO, to find out what could be going wrong with the company and stock.

Timestamps:

00:37 Starbucks stock price action

02:32 Starbucks Earnings
04:34 Reacting to Starbucks CEO Interview

Related episode:

Aswath Damodaran: Why The Stock Market Is Now Overpriced

https://youtu.be/IM-F4YVQ3jk

Referenced video:

Starbucks CEO on Q2 miss: Didn't communicate the value we provide in a more aggressive manner https://youtu.be/zaPJWgbliQ8

Join The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValue

Recommended: AeroPress - Be your Own Barista. A New Kind of Coffee Press For Daily Use (referral link): https://amzn.to/3WqsNBS

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I discuss the historic news and investing implications from the US cannabis sector today, that the DEA has agreed to reschedule cannabis from Schedule 1 to the more benign Schedule 3. 

00:17 Cannabis rescheduling finance news 

02:54 Historic: DEA Agrees to reschedule marijuana

05:32 MSOS ETF stock price and volume reaction

07:27 Up-listing to major stock exchanges soon?

08:05 High-profile politicians' reactions to rescheduling

Related episodes:

Why MSOS Stock Is Ripping Higher | MSOS ETF Analysis

https://youtu.be/zSMcyaoNypI

Reference video:

Biden Admin to ease federal restrictions on marijuana

https://youtu.be/zI-JZCVhJlQ

Join The Art of Value Patreon community for exclusive content about the this sector: https://www.patreon.com/TheArtofValue

The main investment brokerage I use to buy international stocks, US OTC market stocks, and to hold cash at good interest rates, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I discuss an article that shows that a certain type of “do nothing” stock portfolio can beat the S&P 500 stock market index over the long term.

Timestamps:

00:20 Article intro: What Beat The S&P 500

01:46 The backtest used

03:29 The findings

07:19 Expanding the scope to 3 decades

10:31 The takeaway lessons

Related episodes

Chuck Akre Said This About How to Find 100 Baggers https://youtu.be/xoKe1AvquTI

Super Investor Portfolios: Mohnish Pabrai, Guy Spier, Chuck Akre https://youtu.be/P88HoqiBQy8

Super Investor Warren Buffett Just Bought These Stocks https://youtu.be/sWq33fUbl9I

Join The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValue

Recommended product: AeroPress - Be your Own Barista. A New Kind of Coffee Press For Daily Use (referral link): https://amzn.to/3WnMfyW

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I react to an article about the very recent rally in Alibaba stock and whether it can be sustained. The article discusses whether Alibaba stock is a screaming buy or a value trap, and I give my thoughts on the BABA stock situation.

Timestamps:

00:28 A buy or a value trap - article

01:10 BABA price action

02:32 Can BABA break-out?

05:40 A screaming value buy?

07:46 China Japanification or not?

08:33 Chinese government stimulus?

10:14 Can a rally be sustained?

11:23 Alibaba Super investors 

Related episodes:

Alibaba Stock: BABA Supersizes Share Buybacks!

https://youtu.be/PuuoIB05p7M

Alibaba Stock: New Jack Ma Memo Hints at Return?

https://youtu.be/vfRp0GVBn1w

Why Alibaba is Scrapping Cainiao IPO | BABA Stock

https://youtu.be/ClE-h5223FQ

Join The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValue

I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (referral link):

https://www.gurufocus.com/?affid=2c95d5930bb2537b2e0265075fb66581

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I take an in-depth look at the financials in the Tesla Q1 2024 Update, and other aspects of the Tesla investor deck. 

Timestamps:

00:41 Tesla Q1 2024 Update - Investor Deck highlights

07:16 Tesla Q1 2024 Update - Quarter Highlights

09:44 Financial Summary - the important numbers

Related episodes:

My Thoughts On Bombshell Tesla Stock Earnings Call

https://youtu.be/P7KfegJZtzQ

For the extended version of this video, and lots of other exclusive content, join The Art of Value Patreon community: https://www.patreon.com/TheArtofValue

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.