The John Johnston Lounge

Mohnish Pabrai’s favourite super investors have been Warren Buffett and Charlie Munger, but it was Charlie Munger who influenced one of Pabrai’s most important ideas for value investing and business success: the concept of “cloning”.  Related video: Super Investor Bill Ackman Just Sold This Stock & Said This https://youtu.be/-xLCWUVV9Q0 Referenced investing book: The Dhandho Investor: The Low-...

I react to prominent finance and investing YouTuber Joseph Carlson, who agrees with the bull thesis of Fundstrat’s Tom Lee, that the US stock market is going to continue to move higher over the short, medium, and long term. Related videos: Tom Lee's New Predictions Leave CNBC Speechless https://youtu.be/rMGcPnRgbgc Referenced video This Market Is Going Higher (Tom Lee Bull Thesis) https://yout...

I react to Tesla stock (TSLA) bull and bear cases from two Wall Street analysts, after Q2 delivery numbers. One thinks Tesla will disappoint, even after better deliveries than expected. The other is very bullish on the future of the Tesla robotaxi and Full Self Driving (FSD) Stocks Today With JJ channel: https://www.youtube.com/@jjstockstoday Referenced videos Tesla will disappoint investors despi...

I react to super-bullish technology analyst Dan Ives from Wedbush, who thinks the AI stock party is only just getting started. He thinks the likes of Nvidia and Microsoft are driving the AI revolution now, but it will broaden out in coming years to include many other tech companies. Stocks Today With JJ channel: https://www.youtube.com/@jjstockstoday Referenced video CNBC: Nvidia and Microsoft wil...

I react to Fundstrat’s Tom Lee, who has some  bullish predictions for the second half of the year. Lee is predicting a continued strong rise for the S&P 500, and also a “pretty sharp rebound” for Bitcoin. Related video: Tom Lee: Nvidia, Tesla, Apple Should Be Core Portfolio Stocks https://youtu.be/ECEmBqaLw1A Stocks Today With JJ channel: https://www.youtube.com/@jjstockstoday Referenced video...

I react to part of a recent interview with super investor Howard Marks, in which Marks briefly discusses his investment philosophy, the role of randomness or luck in investing, as well as long term skill, and which investors he listens to.  Related episodes: Super Investor Howard Marks: Where The BIG MONEY Is Made https://youtu.be/EYwVTzUBRwc Super Investor Howard Marks: The Biggest Investing Mist...

I react to part of a recent interview with super investor Howard Marks, in which Marks discusses stock market bubbles, when and how to be contrarian, and taking the temperature of the market cycle.  Related episodes: Super Investor Howard Marks: The Biggest Investing Mistake https://youtu.be/awxhDqbd9d8 Referenced video: Howard Marks - Co-founder of Oaktree | Podcast | In Good Company | Norges Ban...

I react to part of a recent interview with super investor Howard Marks, who discusses what he thinks is the biggest and most common investor mistake. Marks also discusses the importance of market cycles, and where he thinks we are in the current cycle.  Related episodes: Howard Marks: An Investing Sea Change is Happening! https://youtu.be/f67HRNCTXBY How Howard Marks Predicts Each Stock Market Cra...

I react to a brief interview with Tim Pagliara, CapWealth founder and chief investment officer, and a value investor. He cautions that Nvidia stock (NVDA) may not be a good long term bet at current levels, after the recent huge stock price run-up, like other similar stock situations of the past. He outlines what sectors might be better bets. Related episodes: Will Nvidia Stock Crash 50% Like Tesla...

I react to Fundstrat’s Tom Lee, who says buying stocks at new highs has had a better win ratio over time than trying to buy at the lows. Related episodes: Tom Lee: Nvidia, Tesla, Apple Should Be Core Portfolio Stocks https://youtu.be/ECEmBqaLw1A Tom Lee: Bullish New Stock Market Prediction https://youtu.be/ocLm3eHGdAk Tom Lee: Dip Will Be Bought + Margin Loans All Time High!  https://youtu.be/zBxm...

I react to part of a recent Mohnish Pabrai investing talk, in which Pabrai discusses the importance of owners’ intrinsic value in relation to Starbucks, Home Depot, and the company founders. Related episodes: Mohnish Pabrai: Why Great Stock Ideas Are Rare https://youtu.be/cIasDBIkoM0 Mohnish Pabrai: Key Investing Lessons from "Circling the Wagons” https://youtu.be/TqC_m7-DPfM Referenced video...

Nvidia Stock has become the largest market cap company in the world, after a meteoric stock price rise. Are AI related stocks like Nvidia in a euphoric bubble, like the EV sector and Tesla stock back in 2021?  Related episodes: Will Nvidia Stock Crash 50% Like Tesla Stock? https://youtu.be/2XO2NLEkX5o Tesla Will Be The Next Enron! | TSLA Stock https://youtu.be/89dLB4VwaJA Today With JJ channel: ht...

I react to a recent video by value investor Sven Carlin, in which he lays out the case that Nvidia stock and other AI-related stocks, are in a bubble like Tesla was, and that NVDA stock will decline like Tesla stock has, over 50% since its peak. Related episodes: Still Early for Nvidia Stock or AI Stock Bubble? https://youtu.be/HXIgS0CvDWA Tesla Will Be The Next Enron! | TSLA Stock https://youtu.b...

Famed “Big Short” investor Steve Eisman explains why he’s currently so bullish on both the US economy and stock market, particularly AI and infrastructure-related stocks.  Related episode: Big Short Investor Just Predicted This For Stocks  https://youtu.be/e0Uo4aCQAzY Stocks Today With JJ channel: https://www.youtube.com/@jjstockstoday Referenced video: ‘Big Short' investor Steve Eisman: The U...

Clean Energy Transition CEO and stock portfolio manager is shorting Tesla stock (TSLA), saying he’s sure the stock is going down to double digits, even to $15, and perhaps to zero! He’s not impressed with Tesla’s falling earnings and increased competition, and says the next quarter earnings are likely to be much worse again. More reaction videos at Stocks Today With JJ: https://www.youtube.com/@jj...

I react to an interview with famed short seller Jim Chanos discussing the current market environment, his views on AI, meme stocks, and Elon Musk's whopping Tesla pay package. Timestamps: 00:19 The current speculative stock market and short sellers 02:45 AI - big winners and big losers 04:02 Retail investors chasing momentum 05:46 Shorting legacy data centers 07:20 Roaring Kitty, GameStop and...

I react to a recent interview with Fundstrat Managing Partner Tom Lee, in which he asserts that Nvidia (NVDA), Tesla (TSLA) and Apple (AAPL) are all must-own stocks for a long term portfolio, and he also predicts the strong rise of small cap stocks by yearend 2024. Related episodes: Tom Lee: Bullish New Stock Market Prediction https://youtu.be/ocLm3eHGdAk Tom Lee: Dip Will Be Bought! https://youtu...

Is it still early days for Nvidia stock (NVDA) or are we in an AI stock bubble? I look at the bull and bear case for Nvidia stock, referencing three prominent investing YouTubers: Alex from Ticker Symbol: You, Jeremy Lefebvre from Financial Education and Jeremy Lefebvre Makes Money, and Sven Carlin from Value Investing with Sven Carlin, PH.D.  Timestamps: 00:46 Alex from Ticker Symbol You: STILL E...

I react to a recent interview with Prof. Aswath Damodaran from NYU, "The Dean of Valuation", who still thinks Nvidia stock (NVDA) is overvalued by the stock market, and that Nvidia has turned into one of the greatest momentum stock plays of all time. Timestamps: 00:30 commentary: Nvidia reaches $3 Trillion market cap  04:33 Aswath Damodaran: NVDA overvalued but GOAT momentum play  Relate...

I react to part of recent interview with Alibaba Group Chair Joe Tsai, who discusses how he’s planning for Alibaba to get back to double-digit percentage growth within a defined timeframe. Timestamps: 00:26 Recently reorganizing Alibaba management 02:24 New extreme focus, exiting non-core businesses 04:43 Challenges and reigniting strong growth 09:12 What should shareholders expect from management...

I react to part of a recent interview with Alibaba Group Chair Joe Tsai, who discusses the value and opportunities of artificial intelligence (AI) for Alibaba, and what Alibaba Group is already developing in the field of AI. Timestamps: 00:32 First way Alibaba is involved in Artificial Intelligence (AI) 03:23 Second way Alibaba is involved in AI 06:43 Third way Alibaba is involved in AI 09:15 Othe...

We take a look at 100 Baggers book author and fund manager Chris Mayer’s stock portfolio, to see which potential 10X to 100X stocks he has bought. We also see what he’s said about some of those potential multi-bagger stocks. Timestamps 00:28 Chris Mayer portfolio 02:07 Chris Mayer on 3 potential multi-bagger stocks 07:36 Portfolio stocks from large caps to small caps Related episodes: Chris Mayer...

I react to a recent interview with super investor Bill Ackman, in which he discusses the psychology of investing and the temperament needed to become a successful long term investor. Related super investor episodes: Super Investor Bill Ackman Just Sold This Stock & Said This https://youtu.be/-xLCWUVV9Q0 Small Caps Super Investor Bares Capital Is Buying These Stocks https://youtu.be/Asc712oI-Ik...

I take a look at the current stock portfolio of super investor Bill Ackman, and his recent stock selling activity. Following that, I react to a recent interview with Ackman, in which he reveals a lot about his investing process. Timestamps: 00:21 Bill Ackman’s recent stock portfolio activity 04:45 Bill Ackman interview - his investing process Recent super investor episodes: Small Caps Super Invest...

I survey some of the latest stock portfolio buys from small cap super investor Brian Bares of Bares Capital Management.  Timestamps: 00:24 Bares Capital investment philosophy - “extreme winners” 01:57 Bares Capital Management stock portfolio - recent buys 03:43: Stock 1 06:04 Stock 2 08:24 Stock 3 10:04 Stock 4  12:43 Stock 5  15:00 Stock 6  17:05 Stock 7  Recent related episodes: Super Investors...