This is our monthly Arch Capital episode. About once a month we will publish an episode that covers a company in the Arch Capital Investors Fund. These episodes will be modeled after our Not So Deep Dive episodes and will also be available on YouTube.
Google (listed under its parent company: Alphabet) provides various products and platforms around the world. It is likely that you use Google products every day. These services include ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Brett and Ryan dive through Google and outline the investment thesis for why we own the company in our Arch Capital limited partnership.
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What is Arch Capital? Arch Capital is a concentrated, long-only equity fund aiming to compound capital at an above-market rate. Arch managers are perpetual learners with a long-term focus that strive to build wealth with our partners through intelligent capital allocation. Learn more here: https://www.archcapitalfund.com/
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This episode is sponsored by Stratosphere.io, a web-based terminal for financial data, KPIs, and more. Try it out for FREE or use code “CCM” for 15% off any paid plan. Sign up here: https://www.stratosphere.io/
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Timestamps
Company Background | (3:32)
AI & ChatGPT | (23:20)
Competitive Landscape | (31:38)
YouTube | (41:55)
Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.



Why We Own Alphabet/Google (Ticker: GOOG)

Discussing stocks, investing, financial markets, and more. For new listeners, expect episodes in your feed every Wednesday and Sunday. Hosted by Ryan Henderson and Brett Schafer.

Business

Investing

Careers

Management & Marketing

Business News

Shopping

The Investing Power Hour is live-streamed every Thursday on the Chit Chat Stocks YouTube channel. This week, Alex Morris from the TSOH Investing Research Service joined the show to discuss:



(08:07) International Expansion and Distribution Partnerships for Celsius
(27:09) The Future Growth of Netflix and the Potential of an Ad-Supported Tier
(41:00) Spotify's Stock Performance and Future Prospects
(55:23) Insights from the Piper Sandler Teen Survey
(01:02:45) The Importance of Data and Financial Metrics in Analysis


Find more from Alex here: https://thescienceofhitting.com/
*****************************************************
Subscribe to our YouTube channel: https://www.youtube.com/@ChitChatStocks 
Follow us on Twitter/X: ⁠https://twitter.com/chitchatstocks 
Follow us on Substack: ⁠https://chitchatstocks.substack.com/ 
*********************************************************************
Options are not suitable for all investors and carry significant risk.  Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date.  Certain complex options strategies carry additional risk.  There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, among others, as compared with a single option trade.
Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options”, also known as the options disclosure document (ODD) which can be found at: www.theocc.com/company-information/documents-and-archives/options-disclosure-document
Supporting documentation for any claims will be furnished upon request.
If you are enrolled in our Options Order Flow Rebate Program, The exact rebate will depend on the specifics of each transaction and will be previewed for you prior to submitting each trade. This rebate will be deducted from your cost to place the trade and will be reflected on your trade confirmation. Order flow rebates are not available for non-options transactions. To learn more, see our Fee Schedule, Order Flow Rebate FAQ, and Order Flow Rebate Program Terms & Conditions.
Options can be risky and are not suitable for all investors. See the Characteristics and Risks of Standardized Options to learn more.
All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See public.com/#disclosures-main for more information.
*********************************************************************
FinChat.io is The Complete Stock Research Platform for fundamental investors.
With its beautiful design and institutional-quality data, FinChat is incredibly powerful and easy to use.
Use our LINK and get 15% off any premium plan: ⁠https://finchat.io/chitchat/?lmref=J3bklw 
*********************************************************************
Check out https://www.firmreturns.com/ for value-focused equity research 
Use our link and get a 20% discount on a premium plan: firmreturns.com/chitchat 
*********************************************************************
Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.

Celsius Energy Drinks, Meta Platforms, and Spotify Uncertainty With Alex Morris (CELH, META, SPOT)

On this episode of the Chit Chat Stocks podcast, Brett and Ryan go through 10 rapid-fire stocks from listener-suggested tickers. We cover:

(03:30) Nike (NKE)
(26:12) Semrush (SEMR)
(32:27) Confluent (CFLT)
(38:27) HelloFresh (HFG)
(47:02) Atkore (ATKR)
(57:18) Starbucks (SBUX)
(01:03:27) StoneX Group (SNEX)
(01:08:04) Picking favorites


+ other stocks. Listen to the full episode to find out all 10 stocks we picked and our thoughts on the companies!


*****************************************************
Subscribe to our YouTube channel: https://www.youtube.com/@ChitChatStocks 
Follow us on Twitter/X: ⁠https://twitter.com/chitchatstocks 
Follow us on Substack: ⁠https://chitchatstocks.substack.com/ 
*********************************************************************
Options are not suitable for all investors and carry significant risk.  Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date.  Certain complex options strategies carry additional risk.  There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, among others, as compared with a single option trade.
Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options”, also known as the options disclosure document (ODD) which can be found at: www.theocc.com/company-information/documents-and-archives/options-disclosure-document
Supporting documentation for any claims will be furnished upon request.
If you are enrolled in our Options Order Flow Rebate Program, The exact rebate will depend on the specifics of each transaction and will be previewed for you prior to submitting each trade. This rebate will be deducted from your cost to place the trade and will be reflected on your trade confirmation. Order flow rebates are not available for non-options transactions. To learn more, see our Fee Schedule, Order Flow Rebate FAQ, and Order Flow Rebate Program Terms & Conditions.
Options can be risky and are not suitable for all investors. See the Characteristics and Risks of Standardized Options to learn more.
All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See public.com/#disclosures-main for more information.
*********************************************************************
FinChat.io is The Complete Stock Research Platform for fundamental investors.
With its beautiful design and institutional-quality data, FinChat is incredibly powerful and easy to use.
Use our LINK and get 15% off any premium plan: ⁠https://finchat.io/chitchat/?lmref=J3bklw 
*********************************************************************
Check out https://www.firmreturns.com/ for value-focused equity research 
Use our link and get a 20% discount on a premium plan: firmreturns.com/chitchat 
*********************************************************************
Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.

10 Rapid Fire Stocks

The Investing Power Hour is live-streamed every Thursday on the Chit Chat Stocks YouTube channel. This week we discussed:

(00:00) Introduction and Overview
(02:59) Discussion on Spotify's Price Hikes
(07:11) Proxy Battle at Disney
(25:23) Comparing Financials of Nike and Lululemon
(28:09) Considering the Risk-Reward Ratio in Apparel Investments
(33:15) Potential Future Performance of Lululemon
(34:01) The State of the Sports Apparel Industry
(36:07) Ulta Beauty: A Promising Investment
(39:07) The Growth and Risks of Online Gaming Companies
(51:17) The Uncertain Future of AI
(56:17) Nvidia and the Possibility of a Bubble


*****************************************************
Subscribe to our YouTube channel:⁠ ⁠⁠https://www.youtube.com/@ChitChatStocks⁠ 
Follow us on Twitter/X:⁠ ⁠⁠⁠https://twitter.com/chitchatstocks⁠ 
Follow us on Substack:⁠ ⁠⁠⁠https://chitchatstocks.substack.com/⁠ 
*********************************************************************
Options are not suitable for all investors and carry significant risk.  Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date.  Certain complex options strategies carry additional risk.  There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, among others, as compared with a single option trade.
Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options”, also known as the options disclosure document (ODD) which can be found at:⁠ www.theocc.com/company-information/documents-and-archives/options-disclosure-document⁠
Supporting documentation for any claims will be furnished upon request.
If you are enrolled in our⁠ Options Order Flow Rebate Program⁠, The exact rebate will depend on the specifics of each transaction and will be previewed for you prior to submitting each trade. This rebate will be deducted from your cost to place the trade and will be reflected on your trade confirmation. Order flow rebates are not available for non-options transactions. To learn more, see our⁠ Fee Schedule⁠, Order Flow Rebate FAQ, and⁠ Order Flow Rebate Program Terms & Conditions⁠⁠.⁠
Options can be risky and are not suitable for all investors. See the⁠ Characteristics and Risks of Standardized Options⁠ to learn more.
All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See⁠ public.com/#disclosures-main⁠ for more information.
*********************************************************************
FinChat.io is The Complete Stock Research Platform for fundamental investors.
With its beautiful design and institutional-quality data, FinChat is incredibly powerful and easy to use.
Use our LINK and get 15% off any premium plan: ⁠⁠https://finchat.io/chitchat/?lmref=J3bklw⁠ 
*********************************************************************
Check out ⁠https://www.firmreturns.com/⁠ for value-focused equity research 
Use our link and get a 20% discount on a premium plan: ⁠firmreturns.com/chitchat⁠ 
*********************************************************************
Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.

Amazon's Most Powerful API

On this episode of Chit Chat Stocks, Brett pitches Ryan on GoGo, an inflight internet provider for private jets. Listen to the full show to see if he is buying shares. On the episode, we cover:



(00:00) Introduction to GoGo and its Misleading Name
(03:02) Background and Financial History of GoGo0
(6:11) GoGo's Exclusive Spectrum and CEO Change
(09:44) Sale of Commercial Operations and Financial Position
(14:06) GoGo's Services for Business Jet Customers
(31:29) Upgrade to 5G and Low Earth Orbit Solution
(35:14) Financial Situation
(39:31) Competition and Moat
(51:58) Cashflow Inflection and Upside Potential
(55:07) Management and Trust
(56:53) Valuation and Buying Decision
(59:25) Risks

 
Stocks discussed: GOGO
*****************************************************
Subscribe to our YouTube channel: https://www.youtube.com/@ChitChatStocks 
Follow us on Twitter/X: ⁠https://twitter.com/chitchatstocks 
Follow us on Substack: ⁠https://chitchatstocks.substack.com/ 
*********************************************************************
Options are not suitable for all investors and carry significant risk.  Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date.  Certain complex options strategies carry additional risk.  There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, among others, as compared with a single option trade.
Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options”, also known as the options disclosure document (ODD) which can be found at: www.theocc.com/company-information/documents-and-archives/options-disclosure-document
Supporting documentation for any claims will be furnished upon request.
If you are enrolled in our Options Order Flow Rebate Program, The exact rebate will depend on the specifics of each transaction and will be previewed for you prior to submitting each trade. This rebate will be deducted from your cost to place the trade and will be reflected on your trade confirmation. Order flow rebates are not available for non-options transactions. To learn more, see our Fee Schedule, Order Flow Rebate FAQ, and Order Flow Rebate Program Terms & Conditions.
Options can be risky and are not suitable for all investors. See the Characteristics and Risks of Standardized Options to learn more.
All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See public.com/#disclosures-main for more information.
*********************************************************************
FinChat.io is The Complete Stock Research Platform for fundamental investors.
With its beautiful design and institutional-quality data, FinChat is incredibly powerful and easy to use.
Use our LINK and get 15% off any premium plan: ⁠https://finchat.io/chitchat/?lmref=J3bklw 
*********************************************************************
Check out https://www.firmreturns.com/ for value-focused equity research 
Use our link and get a 20% discount on a premium plan: firmreturns.com/chitchat 
*********************************************************************
Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.

GoGo: A Wide Moat Stock At a Free Cash Flow Inflection? (GOGO)

The Investing Power Hour is live-streamed every Thursday on the Chit Chat Stocks YouTube channel. This week we discussed:

(00:00) Introduction and Sponsor
(00:32) Overview of Topics
(04:02) Hilarious Parody Buy Rating
(05:13) Financials of Trump Media
(07:45) Ludicrous Valuation of Trump Media
(09:24) Sentencing of Sam Bankman-Fried
(16:15) Winners in AI: Accenture?
(31:36) Investments in AI Startups
(33:05) Anthropic and Amazon Collaboration
(34:32) Cloud Providers and AI
(37:23) Reviewing Boston Omaha
(40:38) Long Bitcoin, Short MicroStrategy
(46:49) Identifying Value Stocks vs Value Traps
(53:07) Characteristics of Best and Worst Investments
(59:04) Watchlist and Performance


*****************************************************
Subscribe to our YouTube channel: https://www.youtube.com/@ChitChatStocks 
Follow us on Twitter/X: ⁠https://twitter.com/chitchatstocks 
Follow us on Substack: ⁠https://chitchatstocks.substack.com/ 
*********************************************************************
⁠Public.com⁠ just launched options trading, and they’re doing something no other brokerage has done before: sharing 50% of their options revenue directly with you. That means instead of paying to place options trades, you get something back on every single trade.
 -Earn $0.18 rebate per contract traded
 -No commission fees
 -No per-contract fees 
By sharing 50% of their options revenue, Public has created a more transparent options trading experience. You’ll know exactly how much they make from each trade because they literally give you half of it. Activate options trading at ⁠Public.com/chitchatstocks⁠ by March 31 to lock in your lifetime rebate. 
Options are not suitable for all investors and carry significant risk.  Certain complex options strategies carry additional risk. Options can be risky and are not suitable for all investors. See the Characteristics and Risks of Standardized Options to learn more.
For each options transaction, Public Investing shares 50% of their order flow revenue as a rebate to help reduce your trading costs. This rebate will be displayed as a negative number in the “Additional Fees” column of your Trade Confirmation Statement and will be immediately reflected in the total dollars paid or received for the transaction. Order flow rebates are only issued for options trades and not for transactions involving other assets, including equities. For more information, refer to the Fee Schedule.
All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See public.com/#disclosures-main for more information.
*********************************************************************
FinChat.io is The Complete Stock Research Platform for fundamental investors.
With its beautiful design and institutional-quality data, FinChat is incredibly powerful and easy to use.
Use our LINK and get 25% off any premium plan: ⁠https://finchat.io/chitchat/?lmref=J3bklw 
*********************************************************************
Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.

Why We Own Alphabet/Google (Ticker: GOOG)

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