Hey Reader, Did you know that in 1991, while struggling financially as a newly arrived student and refugee at Columbia University, Li Lu was told by a classmate that a speaker was coming to campus who "knew how to make money." Li Lu eagerly agreed to go, entirely because he heard the name "Buffett" and mistakenly assumed the lecture included a free buffet meal. In today's issue: Who really wins in a tech boom?: Refrigerator manufacturers versus Coca-Cola Andy Jassy’s $220B AI bet: Interview...
8 days ago • 3 min read
Value Spotlight Issue #146, November 26: This month’s issue puts the spotlight on a serial acquirer who is the leader in a boring industry, with much room to continue to run its playbook of expansion. Download the PDF here: ISSUE #146, NOV 26.pdf Real Money Portfolio Performance About: The 40 Year Portfolio The 40 Year Portfolio is a Real Money Portfolio that tracks the stock picks in this eLetter. Each month, $150 is deposited into my personal Roth IRA account. Then I buy the monthly stock...
11 days ago • 13 min read
Value Spotlight Issue #144, September 26: This month’s issue puts the spotlight on why the biggest stock in the world still has room to grow despite its low earnings multiple, with data and insights to back it up. Download the PDF here: ISSUE #144, SEP 26.pdf Real Money Portfolio Performance About: The 40 Year Portfolio The 40 Year Portfolio is a Real Money Portfolio that tracks the stock picks in this eLetter. Each month, $150 is deposited into my personal Roth IRA account. Then I buy the...
2 months ago • 41 min read
Value Spotlight Issue #143, August 26: This month’s issue puts the spotlight on the industry leader of a valuable service to construction and industrial end markets, with a long record of steady growth. Download the PDF here: ISSUE #143, AUG 26.pdf Real Money Portfolio Performance About: The 40 Year Portfolio The 40 Year Portfolio is a Real Money Portfolio that tracks the stock picks in this eLetter. Each month, $150 is deposited into my personal Roth IRA account. Then I buy the monthly stock...
3 months ago • 18 min read
Value Spotlight Issue #142, July 26: This month’s issue puts the spotlight on a famous disruptor, which is continuing to widen its lead through a simple, disciplined, and differentiated approach. Download the PDF here: ISSUE #142, JUL 26.pdf Real Money Portfolio Performance About: The 40 Year Portfolio The 40 Year Portfolio is a Real Money Portfolio that tracks the stock picks in this eLetter. Each month, $150 is deposited into my personal Roth IRA account. Then I buy the monthly stock pick...
4 months ago • 25 min read
Value Spotlight Issue #141, June 26: This month’s issue puts the spotlight on an insurance company with a tremendous track record of market-beating growth and strong competitive advantages. Download the PDF here: ISSUE #141, JUN 26.pdf Real Money Portfolio Performance About: The 40 Year Portfolio The 40 Year Portfolio is a Real Money Portfolio that tracks the stock picks in this eLetter. Each month, $150 is deposited into my personal Roth IRA account. Then I buy the monthly stock pick 24...
5 months ago • 19 min read
Value Spotlight Issue #140, May 26: This month’s issue puts the spotlight on a differentiated grocery store concept that has room to more than double its stores and continue its double-digit growth. Download the PDF here: ISSUE #140, MAY 26.pdf Real Money Portfolio Performance About: The 40 Year Portfolio The 40 Year Portfolio is a Real Money Portfolio that tracks the stock picks in this eLetter. Each month, $150 is deposited into my personal Roth IRA account. Then I buy the monthly stock...
6 months ago • 15 min read
Value Spotlight Issue #139, Apr 26: This month’s issue puts the spotlight on an overlooked, fast growing technology platform that benefits from 2-sided network effects and a large TAM runway. Download the PDF here: ISSUE #139, APR 26.pdf Real Money Portfolio Performance About: The 40 Year Portfolio The 40 Year Portfolio is a Real Money Portfolio that tracks the stock picks in this eLetter. Each month, $150 is deposited into my personal Roth IRA account. Then I buy the monthly stock pick 24...
7 months ago • 26 min read
Value Spotlight Issue #138, Mar 26: This month’s issue puts the spotlight on a beaten down restaurant leader which continues opening units at a rapid pace and has a long runway for growth. Download the PDF here: ISSUE #138, MAR 26.pdf Real Money Portfolio Performance About: The 40 Year Portfolio The 40 Year Portfolio is a Real Money Portfolio that tracks the stock picks in this eLetter. Each month, $150 is deposited into my personal Roth IRA account. Then I buy the monthly stock pick 24 hours...
8 months ago • 21 min read
