The John Johnston Lounge

Episode 75: JJ discusses the rise of some Chinese tech stocks since the deep lows in mid-March 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...

Episode 74: JJ discusses the Q1 2022 earnings call from Chinese mobile e-commerce platform Pinduoduo (PDD). 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 advise...

Episode 73: JJ discusses Q1 2022 earnings from Chinese mobile e-commerce platform Pinduoduo (PDD) 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 co...

Episode 72: JJ discusses how the market benchmark S&P 500 rallied to the end of the week, ending a 7-week losing streak, and recording its best week since November 2020. The day saw particularly strong gains from Amyris (AMRS), Pinduoduo (PDD), Nu Holdings (NU), The RealReal (REAL), and Farfetch (FTCH). The legal cannabis sector lagged, after news from Cannadian companies Aurora (ACB) and Cano...

Episode 71: JJ discusses where inflation is and isn’t located in the US economy, Costco earnings, and how both Alibaba and Baidu stock prices jumped hard after reporting. 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://tw...

Episode 70: JJ discusses how both Snowflake and Nvidia reported after hours today, sending their stock prices down and adding to concerns about the current macroeconomic environment. JJ also points to William Green’s excellent podcast interview with veteran investor Bill Miller. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHB...

Episode 69: Tesla’s share price tanks -50% from its November 2021 peak; Snap’s share price collapses 43% in one day, after the company warned that the deteriorating macro environment will impact its results more than expected; Bloomberg reports that May 2022 is poised to see the most company insider buying since March 2020. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://w...

Episode 68: We revisit Chris Mayer’s excellent investing book, 100 Baggers, which are investments that return $100 for every $1 invested, or $1,000,000 for every $10,000. 10 summary points describe some common characteristics of 100 baggers of the past, to help us find possible 100 baggers of the future. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/chann...

Episode 67: JJ has more observations from the activity of Q1 2022 super-investor portfolios, including Greg Alexander, Seth Klarman, Bill Miller. 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/theartofva...

Episode 66: JJ discusses how the S&P 500 finally hit technical bear market territory intraday, and Tesla stock is hitting the skids, now down nearly -50% from its peak in early November 2021. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c768532dda...

Episode 65: JJ discusses a new Jeremy Grantham interview in which Grantham talks about the continued bursting of the financial bubble he identified well before the market peak, and the coming recession that always follows, as he sees it. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/...

Episode 64: JJ discusses the significant gap down in all the major US market indices and many individual stocks today. Inflation, rising interest rates, and possible recession concerns seem to have been the main drivers. In addition, there are indications that many retail investors are dropping out of the market this year, after the retail investing boom in 2020 and 2021. The Art of Value: https:/...

Episode 63: JJ has more observations from the activity of Q1 2022 super-investor portfolios, including Chuck Akre, Terry Smith, and Li Lu. 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 Disclaim...

Episode 62: JJ discusses observations from the activity of Q1 2022 super-investor portfolios, including Warren Buffett (Berkshire Hathaway) and David Tepper. 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/the...

Episode 61: JJ discusses the worst large cap performers so far in 2022, how ARKk is still managing to receive large inflows of capital, Softbank’s Record Loss, Bitcoin’s minor recovery, and investor Pat Dorsey’s Q1 2022 portfolio activity. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.co...

Episode 60: JJ discusses the significant bounce in the market indices in the last market session of the week, along with many stocks that jumped over 20%. Is it a so-called dead cat bounce rally, or the bottom of a bear market? Nobody knows. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify....

Episode 59: JJ discusses how the small cap Russell 2000 Index managed a 1.24% gain on the day, while the S&P 500 and Dow 30 were in negative territory. Tech Megacaps Apple, Microsoft, Alphabet and Tesla all continued down, while many smaller techs were in positive territory. Index refs: RUT, SPX, NDAQ, DJIA, The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.c...

Episode 58: JJ discusses the ongoing tech and innovation stock carnage, as the monthly inflation figure comes in slightly higher than expected. Stocks mentioned: QQQ, AAPL, ARKK, TSLA, NFLX, NVDA, SHOP, AMZN, U, COIN, SQ, SPOT, FVRR, UPWK, PLTR, RIVN, AMC, PTON, The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify: ...

Episode 57: JJ discusses the ongoing emerging tech and innovation stock devastation, as the current earnings season continues. Stocks mentioned: ARKK, U, SOFI, UPST, COIN, DM, RBLX, GOEV The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c768532dda841a2 Twi...

Episode 56: JJ discusses the psychological difficulty of investing when market sentiment turns extremely bearish, as it is now, and the market continues to go down week after week, month after month. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c76853...

In episode 55, JJ discusses the relentless sell-off of many tech stocks, despite big declines already, as well as Bitcoin along with them. Also, if Tesla sold-off like Shopify has, how much of a shock would that be to Tesla retail investors? Reports indicate that Ford and others are aiming to sell blocks of Rivian shares as the insider lockup ends. Spotify CEO Daniel Ek, on the other hand, says he...

In episode 54, JJ discusses the significant one-session plunge in the market indices, which has initiated “Markets in Turmoil” headlines in financial media. Amid the high volatility, the NASDAQ and Russell 2000 indices are in bear market territory, but the S&P500 index is not yet. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS3...

Episode 53: JJ discusses how the stock market jumped significantly as the US Fed signalled a half a percent rate rise, while investor Paul Tudor Jones says he can’t think of a worse financial environment for stocks and bonds right now. The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/sh...

In episode 52, JJ discusses Michael Batnick’s blog post comparing the decline of the ARKK Innovation ETF (ARKK) to the NASDAQ-100 during the bursting of the Dot-com bubble back in early 2000. Stocks mentioned: ARKK QQQ Michael Batnick’s blog post: Comparing Two Blowups: https://theirrelevantinvestor.com/2022/05/02/comparing-two-blowups/ Animal Spirits Podcast: https://theirrelevantinvestor.com/pod...

In episode 51, JJ discusses Ray Dalio’s latest Linkedin article, 'The Popping of the Bubble Stocks: An Update'. Dalio's article: https://www.linkedin.com/pulse/popping-bubble-stocks-update-ray-dalio/ The Art of Value: https://anchor.fm/theartofvalue YouTube:  https://www.youtube.com/channel/UCmlgXjiwAUNHyIS30dnIHBg Spotify:  https://open.spotify.com/show/6I878RawBT9rwHnVUPPHSh?si=5c76853...