The John Johnston Lounge

I discuss the latest earnings conference call from Micron Technology (MU), including the short and long term growth outlook for the company. Micron Technology is in the business of designing and manufacturing digital memory and storage products. This is The Art of Value episode 102. Previous video referenced in this episode: Micron Technology (MU) Q3 2022 Earnings, Outlook and Mohnish Pabrai’s Inv...

I summarise and comment on a recent, excellent Stanley Druckenmiller interview, conducted by Stripe co-founder John Collision. In the interview Druck gives his views on the current macroeconomic situation, the state of the stock market, inflation, the stock market as an economic predictor, Bitcoin vs gold, his bias towards growth stocks, and his overall macro bearishness. This is The Art of Value...

I’m celebrating the 100th episode of The Art of Value podcast, with a Thank You to all listeners and viewers, and with a decent new microphone to improve sound quality going forward. In episode 100, I explain for the first time on the podcast, that as well as being an investor and podcaster, I’m also a multidisciplinary artist, and I briefly explain how my art is related to inv...

I discuss the latest earnings release from Micron Technology (MU), and a brief investment thesis for the company from respected value investor Mohnish Pabrai. Micron Technology is in the business of designing and manufacturing digital memory and storage products. This is The Art of Value episode 99. Monhnish Pabrai’s YouTube channel: https://www.youtube.com/user/mohnishpabrai The Art of Value...

I take a look at the recent views on US inflation of Fed Chair Jerome Powell, ARK Invest active ETF manager Cathie Wood, and Scion Asset Management fund manager Michael Burry. This is The Art of Value episode 98. The Art of Value: YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=23a140851abd4076 Apple Pod...

Part 2: I continue to summarise and comment on a recent interview conversation between veteran investors Jeremy Grantham and Ray Dailo, who discuss the current stock market and world economic environment and outlook for investing. This is The Art of Value episode 97. Full Ray Dalio and Jeremy Grantham interview: Ray Dalio and GMO's Jeremy Grantham on How They're Seeing the World Right Now https://...

I summarise and comment on a recent interview conversation between veteran investors Jeremy Grantham and Ray Dailo, who discuss the current stock market and world economic environment and outlook for investing. This is The Art of Value episode 96. Full Ray Dalio and Jeremy Grantham interview: Ray Dalio and GMO's Jeremy Grantham on How They're Seeing the World Right Now https://youtu.be/-qD4kqAarec...

I discuss some recent research on the bubbliest housing markets in the world, including the US housing market, and look at what Fed Chair Jerome Powell has been saying about his US housing market concerns. How likely is a housing market crash in 2022? The Art of Value: YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/sho...

JJ catches up with what famous "Big Short" investor Michael Burry has been saying lately about an economic and stock market crash in 2022. This is The Art of Value episode 94. The Art of Value: YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=23a140851abd4076 Other Podcast Platforms:  https://anchor....

Two videos I made about a recent Seth Klarman video interview have been removed by YouTube, due to a copyright complaint. The Klarman interview video itself has since been made private on YouTube. The Art of Value: YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=23a140851abd4076 Other Pod Platforms:&nbsp...

JJ reacts to a recent video interview with investor Jim Rogers, who said back in March 2022: this will be the worst bear market of his lifetime, and he’s 79 years old; the US dollar is not a safe haven but people think it is and will want to own it, so he does too; the bull market in oil will last longer than most people expect; he thinks silver and agriculture will be the least dangerous ass...

JJ summarises and comments on a recent interview with famed short selling investor Jim Chanos, that Chanos did with Bloomberg’s Odd Lots. Chanos talks about the further risks he sees for Tesla stock and Tesla the company, Bitcoin and other crypto, and Fintech companies. This is Part 2, Part 1 is here: https://open.spotify.com/episode/1YVRuj0JnVoWMNZ1qCzQ3D?si=bz7vxbsoRgKMCWUSQdKgxQ . Episode 89. T...

Ep88: JJ summarises and comments on a recent interview with investor Jim Chanos, that Chanos did with Bloomberg’s Odd Lots. Chanos says we’ve just been through a period unlike he's ever seen in my 40 years of being on the short side, and that it’s shocking to him that people are still buying the most speculative stocks for a bounce. The full Chanos interview: Jim Chanos on Why Some of the Wor...

Ep87: JJ discusses the macro-economic news that the U.S. Fed decided to raise rates 0.75% this time, and some finance media and market reactions to that news. Fed Chair Jerome Powell also said they see no signs of a broader economic slowdown. JJ also shares a personal housing update, and some domestic New Zealand housing market news. The Art of Value: https://anchor.fm/theartofvalue YouTube: ...

Ep86: JJ discusses Ayr Wellness Inc, a fast-growing, vertically integrated U.S. multi-state cannabis operator. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c768532dda841a2 Twitter: https://twitter.com/theartofvalue Disclaimer: I am not a financial adv...

Ep85: JJ discusses the continuing declines in the markets this year, including crypto, and individual stocks. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c768532dda841a2 Twitter: https://twitter.com/theartofvalue Disclaimer: I am not a financial advi...

Ep84: JJ discusses the main takeaways from the Block Investor Day 2022. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c768532dda841a2 Twitter: https://twitter.com/theartofvalue Disclaimer: I am not a financial adviser. This content is for education and...

Ep83: JJ discusses some of the main highlights from the Spotify Investor Day 2022. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c768532dda841a2 Twitter: https://twitter.com/theartofvalue Disclaimer: I am not a financial adviser. This content is for ed...

Ep82: JJ discusses the big, sustained rally in Chinese tech stocks since mid-March. Stocks mentioned: BABA PDD JD BIDU TCEHY BYDDY The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c768532dda841a2 Twitter: https://twitter.com/theartofvalue Disclaimer: I am...

Ep81: JJ discusses the way in which hype cycles can relate to investing. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c768532dda841a2 Twitter: https://twitter.com/theartofvalue Disclaimer: I am not a financial adviser. This content is for education an...

Episode 80: JJ continues to summarise and comment on the latest memo to investors, Bull Market Rhymes, from veteran investor Howard Marks. Marks reflects on the past few years in the stock market, in relation to previous market cycles. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/sh...

Episode 79: JJ summarises and comments on the latest memo to investors, Bull Market Rhymes, from veteran investor Howard Marks. Marks reflects on the past few years in the stock market, in relation to some past market cycles. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878Ra...

Episode 78: JJ discusses the recent market update from Australian microcap Advance ZincTek Ltd, a developer and manufacturer of natural zinc oxide for mineral sunscreens and cosmetics. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c768532dda841a2 Twitt...

Episode 77: JJ discusses how JPMorgan Chair and CEO Jamie Dimon is warning of an economic hurricane coming, but the stock market continued its recent rally, emerging tech stocks in particular. One large Chinese tech stock is now up over 100% since its mid-March low. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:&nb...

Episode 76: JJ comments on a new video interview with legendary value investor Howard Marks. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c768532dda841a2 Twitter: https://twitter.com/theartofvalue Disclaimer: I am not a financial adviser. This content...